AUDUSD Daily Analysis – June 24, 2014
AUDUSD stays above a upward trend line on 4-hour chart, and remains in uptrend from 0.9208. Support is located at the trend line, as long as the trend line support holds, the uptrend could be expected to...
Tag: AUDUSD
AUDUSD Daily Analysis – June 23, 2014
AUDUSD broke above 0.9437 resistance, indicating that the uptrend from 0.9208 has resumed. Further rise could be expected, and next target would be at 0.9550 area. Support levels are at 0.9370 and 0.9321, only break below these...
AUDUSD Weekly Analysis – June 22, 2014
AUDUSD stays in a trading range between 0.9202 and 0.9461. As long as 0.9202 key support holds, the price action in the range could be treated as consolidation of the uptrend from 0.8660, and further rise to...
AUD/USD Forecast June 23, 2014, Technical Analysis
The AUD/USD pair initially rose during the course of the session on Friday, but found enough resistance again to turn things back around and form a shooting star, just as we did on Thursday. Because of this,...
AUD/USD Forecast June 20, 2014, Technical Analysis
The AUD/USD pair tried to rally during the session on Thursday, but found enough resistance just above the 0.94 level to turn things back around and form a shooting star. We do not look at the shooting...
AUDUSD Daily Analysis – June 20, 2014
AUDUSD is facing 0.9437 resistance, a break above this level will signal resumption of the uptrend from 0.9208, then next target would be at 0.9500 area. Key support is at 0.9321, only break below this level will...
AUD/USD Forecast June 19, 2014, Technical Analysis
The AUD/USD pair broke much higher during the session on Wednesday, testing the 0.94 handle. This market has essentially wiped out the losses from the previous session, so essentially it was a “no harm, no foul” type...
AUDUSD Daily Analysis – June 19, 2014
AUDUSD bounced strongly from 0.9321, suggesting that the pair remains in uptrend from 0.9208, the fall from 0.9437 would possibly be consolidation of the uptrend. Further rise to test 0.9437 resistance is possible, a break above this...
AUD/USD Forecast June 18, 2014, Technical Analysis
The AUD/USD pair fell hard during the session on Tuesday, as the dovish comments out of the Reserve Bank of Australia moved the markets. With that being the case, a break down can continue going all the...
AUDUSD Daily Analysis – June 18, 2014
AUDUSD broke below 0.9349 support, indicating that the uptrend from 0.9208 had completed at 0.9437 already. Further decline would likely be seen, and next target would be at 0.9250 area. Resistance levels are at 0.9385 and 0.9437,...