AUD/USD Forecast June 9, 2015, Technical Analysis
The AUD/USD pair broke higher during the course of the day on Monday, clearing the 0.77 level. By doing so, the market looks as if it is trying to bounce from the 0.76 handle. We don’t have...
Tag: AUDUSD
AUDUSD Weekly Analysis – June 7, 2015
AUDUSD is testing 0.7532 support, a breakdown below this level will signal resumption of the long term downtrend from 0.9504 (Jul 1, 2014 high), then next target would be at 0.7000 area. On the other side, as...
AUD/USD Forecast June 8, 2015, Technical Analysis
The AUD/USD pair initially tried to rally during the course of the session on Friday, but turned back around and crashed into the 0.76 handle. Even if we break below there though, we feel that the 0.75...
AUD/USD Forecast June 5, 2015, Technical Analysis
We AUD/USD pair fell slightly during the session on Thursday, but still hasn’t completely wiped out the gains from Tuesday. With that being the case, we feel that there is significant support just below, near the 0.76...
AUD/USD Forecast June 4, 2015, Technical Analysis
The AUD/USD pair went back and forth during the course of the session on Wednesday, showing a bit of indecision. At that point, it looks as if we still have plenty of support below, and as a...
AUD/USD Forecast June 2, 2015, Technical Analysis
The AUD/USD pair initially tried to rally during the session on Monday, but turned back around to test the 0.76 level. Ultimately, if we can break down below there, the market will then look for the 0.75...
AUDUSD Weekly Analysis – May 31, 2015
AUDUSD is facing 0.7532 support, a breakdown below this level will indicate that the long term down trend from 0.9504 (Jul 1, 2014 high) has resumed, then the following downward movement could bring price to 0.7000 area....
AUD/USD Forecast June 1, 2015, Technical Analysis
The AUD/USD pair fell slightly during the course of the session on Friday, showing a little bit of weakness. However, we have plenty of support below so we are hesitant to sell. In fact, we hope to...
AUD/USD Forecast May 29, 2015, Technical Analysis
The AUD/USD pair went back and forth during the day on Thursday, ultimately settling on a slightly negative candle. However, there is a significant amount of support just below, so with that being the case we are...
AUD/USD Forecast May 28, 2015, Technical Analysis
The AUD/USD pair initially broke down during the course of the day on Wednesday, but found enough support below the 0.77 level to turn things back around and form a hammer like candle. With that being the...