The AUD/USD pair fell during the session on Friday, breaking below the recent hammers to signify that we are ready to begin falling again. Because of this, we are more than willing to sell this market on...
The AUD/USD pair tried to rally during the session on Thursday, but as you can see failed to hang onto the gains. In the end, we finished with the day with a shooting star, and this suggests...
The AUD/USD pair rallied during the session on Wednesday, but as you can see the 0.93 handle was far too resistive in order for the market to continue higher. The resulting daily candle is a shooting star...
The AUD/USD pair fell during the session on Tuesday, but as you can see bounced again in order to form a hammer for the second session in a row. This market looks like it’s ready to bounce,...
The AUD/USD pair fell during the session on Monday, but bounced enough to form a hammer. Nonetheless, we think that with the Australian dollar being so highly leveraged to the Chinese economy, we will simply pass on...
AUDUSD’s downward movement from 1.0582 extends to as low as 0.9163. Further decline is still possible, and next target would be at 0.9000 area. Initial resistance is at the downward trend line on daily chart, as long...
The AUD/USD pair had a slightly positive session on Friday, bouncing off of the 0.92 handle. This being the case, it does appear that we are trying to stabilize a little bit, but quite frankly we think...
The AUD/USD pair fell during the session on Thursday, as markets around the world sold off anything remotely related to risk. The 0.92 level did offer a bit of support though, and that’s presently where we find...
The AUD/USD pair fell after initially trying to rally during the session on Wednesday. Once word got out that the Federal Reserve was looking at cutting back on quantitative easing by the end of the year, the...
The AUD/USD pair fell during the session on Tuesday, after printing a shooting star on Monday. This looks like it’s rather weak, but there is a hammer from last week that suggests that there is a bit...
