AUD/USD Forecast October 15, 2014, Technical Analysis
The AUD/USD pair fell hard during the course of the day on Tuesday, showing the 0.88 level as been resistance. Because of this, it appears that the market is going to try to go down to the...
Tag: AUDUSD
AUDUSD Daily Analysis – October 15, 2014
AUDUSD is facing 0.8642 support again, a breakdown below this level will signal resumption of the downtrend from 0.9401, then next target would be at 0.8400 area. On the other side, as long as 0.8642 support holds,...
AUD/USD Forecast October 14, 2014, Technical Analysis
The AUD/USD pair tried to rally, but gave back about half of the gains. However, the 0.88 level looks to be somewhat resistive, and we think that there is a significant amount of resistance all the way...
AUDUSD Reversal Chart Formation (Oct 14, 2014)
AUDUSD appears to be forming a reversal chart pattern on its 4-hour time frame, indicating that the downtrend is already over. A triple bottom can be seen, as price found support around the .8700 handle and is...
AUDUSD Daily Analysis – October 14, 2014
AUDUSD failed to break below 0.8642 support, and stayed in the trading range between 0.8642 and 0.8898. Sideways movement in the range could be expected to continue in a couple of days. Resistance is at 0.8898, as...
AUDUSD Daily Analysis – October 13, 2014
AUDUSD is facing 0.8642 support, a breakdown below this level will signal resumption of the downtrend from 0.9401, then next target would be at 0.8400 area. However, as long as 0.8642 support holds, sideways movement could be...
AUDUSD Weekly Analysis – October 12, 2014
After touching 0.8660 (Jan 24 low) support, AUDUSD rebounded from 0.8642, indicating that consolidation of the downtrend from 0.9504 is underway. Range trading between 0.8642 and 0.8950 would likely be seen in a couple of weeks. Support...
AUD/USD Forecast October 13, 2014, Technical Analysis
The AUD/USD pair fell during the session on Friday, heading back towards the 0.8650 level. That area offered support last time, and if we can break below there we feel that this market will then head to...
AUD/USD Forecast October 10, 2014, Technical Analysis
The AUD/USD pair fell during the course of the day on Thursday, slicing back below the 0.88 handle, showing just how hard it is for the Australian dollar to pick up any serious traction to the upside....
AUDUSD Daily Analysis – October 9, 2014
AUDUSD’s upward movement extended to as high as 0.8859. Further rise would likely be seen, and the target would be at 0.8900 – 0.8950 area. Support is at 0.8730, only break below this level could trigger another...