The AUD/USD pair fell during the session as the risk appetite of the markets fell on the whole. The end of the session saw a little bit of a bounce in this market, and the resulting candle...
The Dollar Index is currently capped between 79.00 and 80.20, resulting in most of the asset classes especially the benchmark equity index of the Dow Jones Industrials trading sideways between 13050 and 12890. Today’s FOMC Rate Decision...
Market review for 5 – 9.03, 2012
The AUD/USD pair fell during the session on Friday as the Non-Farm Payroll numbers were better than expected. However, it should be noted that the recent hammer at the 1.05 level is still there to offer support,...
AUDUSD breaks below 1.0596 key support, suggesting that the upward movement from 0.9663 has completed at 1.0855 already. Further decline would likely be seen in a couple of weeks, and next target would be at 1.0200.
The AUD/USD pair rose on Thursday as the hammer from the Wednesday session triggered a lot of buying in this bullish market. The 100 day EMA is just below, and looks as if it has acted as...
The AUD/USD pair fell during the session on Wednesday, but managed a bounce later in the session at the 1.05 level to form a hammer. This suggests to us that the pair is ready to continue the...
Possible problems regarding exchange of Greece bonds put pressure on the
AUD/USD fell on Tuesday, breaking below the bottom of recent consolidation. The 1.06 level giving way was indeed interesting, but in reality the major support that should continue to see this pair higher is at the 1.04...
The AUD/USD pair fell during the Monday session as the consolidation in this market continued. The 1.08 level has continued to show real strength as a resistive level, and the 1.06 level has been very supportive at...