AUD/USD Forecast December 27, 2013, Technical Analysis
The AUD/USD pair fell during the bulk of the session on Thursday, but as you can see got a little bit of a bounce just below the 0.89 handle. This market of course has been very bearish...
Tag: AUDUSD
AUDUSD Daily Analysis – December 27, 2013
AUDUSD failed to break above the upper line of the price channel on 4-hour chart, suggesting that the pair remains in downtrend from 0.9756 (Oct 23 high), and the rise from 0.8820 could be treated as consolidation...
AUD/USD Forecast December 26, 2013, Technical Analysis
The AUD/USD pair did very little during the session on Tuesday, but as you can see continues to hover around the 0.8950 level. This market looks like it wants to consolidate in this general vicinity, after breaking down below...
AUDUSD Daily Analysis – December 24, 2013
AUDUSD’s bounce from 08820 extended to as high as 0.8957. Another rise to test the resistance of the upper line of the price channel on 4-hour chart would likely be seen. As long as the channel resistance...
AUD/USD Forecast December 24, 2013, Technical Analysis
The AUD/USD pair tried to rally on Monday, but as you can see gave back most of the gains. The resulting candle is a little bit of a shooting star, so break lower is enough to get us to...
AUDUSD Daily Analysis – December 23, 2013
AUDUSD remains in downtrend from 0.9756 (Oct 23 high), the rise from 0.8820 could be treated as consolidation of the downtrend. Resistance is at the upper line of the price channel on 4-hour chart, as long as...
AUDUSD Weekly Analysis – December 22, 2013
AUDUSD broke below 0.8847 previous low support, suggesting that the downtrend from 1.0582 (Apr 11 high) has resumed. Further decline could be expected, and next target would be at 0.8500 area. Initial resistance is located at the...
AUD/USD Forecast December 23, 2013, Technical Analysis
The AUD/USD pair had a positive session on Friday, as the market continues to try and fight the downtrend that we have seen recently. However, the 0.90 level should continue to offer resistance going forward, and as...
AUD/USD Forecast December 20, 2013, Technical Analysis
The AUD/USD pair had a slight positive session on Thursday, bouncing off the 0.8850 level. However, this market is broken by all accounts, and therefore we believe that the downward channel that we see in the market...
AUDUSD Daily Analysis – December 20, 2013
AUDUSD stays in a downward price channel on 4-hour chart, and remains in downtrend from 0.9756 (Oct 23 high). Further decline could be expected after a minor consolidation, and next target would be at 0.8750 area. Initial...