AUD/USD Forecast December 3, 2014, Technical Analysis
The AUD/USD pair initially tried to rally during the session on Tuesday, but as you can see ended up falling in the end. With that being the case, the market looks as if it isn’t ready to...
Tag: AUDUSD
AUDUSD Daily Analysis – December 3, 2014
AUDUSD’s downward movement from 0.8795 extended to as low as 0.8391. Further decline would likely be seen, and next target would be at 0.8300 area. Resistance is located at the downward trend line on 4-hour chart, only...
AUD/USD Forecast December 2, 2014, Technical Analysis
The AUD/USD pair gapped lower at the open on Monday, but as you can see bounced in order to fill that very same gap. The 0.85 level looks like it’s still continuing to cause bearish pressure, so...
AUDUSD Daily Analysis – December 2, 2014
AUDUSD stays below the downward trend line on 4-hour chart, and remains in downtrend from 0.8795, the rise from 0.8416 could be treated as consolidation of the downtrend. As long as the trend line resistance holds, the...
AUDUSD Daily Analysis – December 1, 2014
AUDUSD’s downward movement from 0.8795 extended to as low as 0.8416. Resistance is now located at the downward trend line on 4-hour chart, as long as the trend line resistance holds, the downtrend could be expected to...
AUDUSD Weekly Analysis – November 30, 2014
AUDUSD’s downward movement from 0.9504 extended to as low as 0.8479. Key resistance is at 0.8794, as long as this level holds, the downtrend could be expected to continue, and next target would be at 0.8000 area....
AUD/USD Forecast December 1, 2014, Technical Analysis
The AUD/USD pair tried to rally during the course of the session on Friday, but turned back around and formed a shooting star. The shooting star at the bottom of the downtrend does in fact suggests that...
AUDUSD Descending Trend Line (Nov 27, 2014)
AUDUSD might be in for another major retracement, as price could make its way up to the falling trend line connecting the latest highs of price action. The pair previously broke through support around the .8700-.8800 major...
AUD/USD Forecast November 26, 2014, Technical Analysis
The AUD/USD pair has broken down below the recent low, and looks as if it’s ready to head down to the 0.85 handle. That area should be massively supportive, as the market should continue to go lower...
AUDUSD Daily Analysis – November 26, 2014
AUDUSD broke below 0.8540 support, indicating that the downtrend from 0.8910 has resumed. Further decline could be expected over the next several days, and next target would be at 0.8300 area. Resistance is at 0.8600, only break...