The AUD/USD pair fell during the session on Tuesday, showing the 0.94 level as far too resistive. That being the case, it appears the market is going to pull back slightly from here, but we do expect...
AUD/USD seems to be having trouble sustaining its rallies, as a major correction might take place instead. The pair found resistance at .9500 and may pull back to an area of interest before resuming its rally.
The AUD/USD pair rose during the session on Monday, breaking back above the 0.94 handle. Because of this, we feel that this market was primed to bounce even higher, and we believe that the 0.95 level will...
Tomorrow forex traders will be presented with two key data points which may heavily influence the EURUSD currency pair. The size of the move depends on the data and if it delivers a big positive or negative...
AUDUSD broke above 0.9344 key resistance, suggesting that the downtrend from 1.0582 had completed at 0.8847 already. Further rally would be expected next week, and next target would be at 0.9800 area.
The AUD/USD pair fell during the session on Friday, but bounced a little bit in order to form a hammer like candle. Because of this, look like the markets going to try and break back to the...
The AUD/USD pair fell during the session bouncing back down from the 0.95 handle. This area of course has been resistive in the past, and we did suggest that perhaps it would be again this time.
The AUD/USD pair rose during the session after the Federal Reserve announced that it was not going to start tapering off of quantitative easing. Because of this, it makes sense that the markets of course punish the...
The AUD/USD pair fell initially during the session on Friday, but bounced enough to form a hammer. This hammer suggests that the market is going to find support at the 0.9350 handle, and as a result we...
The AUD/USD pair rose during the session on Monday, but as you can see failed at the 0.93 area in order to form a shooting star for the day. Although having said that, we did gap higher...
