During the Wednesday session, the AUD/USD pair completely reversed what was once very bullish momentum, and now has to be looked at with suspicion. This market had bounced off of a very significant looking hammer at the...
The AUD/USD pair fell during most of the session on Monday, but as you can see bounced in order to form a perfect hammer. In fact, what’s so interesting about this is that the technical buy signal...
AUDUSD remains in downtrend from 1.0597, and the fall extends to as low as 1.0182. Further decline is still possible and next target would be at 1.0000 area. Key resistance is at 1.0400, only break above this...
The AUD/USD pair did very little during the session on Friday, as it remains at the 1.02 level. This level is the bottom of a massive consolidation area, which extends all the way back up to the...
The AUD/USD pair bounced off of the 1.02 support level on Thursday, reaching as higher as the 1.03 handle. The market then gave up the gains and headed lower. The resulting candle is a shooting star, and...
The AUD/USD pair fell for the session on Wednesday, breaking down below the 1.02 level. However, you can see that the market bounced a bit, and has formed a hammer for the session.
The AUD/USD pair fell down to the 1.02 level on Tuesday, but as you can see by the chart that quite a bit of buying interest in the general vicinity. The 1.02 level is the bottom of...
The AUD USD pair initially rally during the Monday session, but fell in order to test the 1.0250 area. This market has been consolidating between 1.02 and 1.0370 lately, and as a result this is simply a...
Market Commentary The US Dollar appreciated across the board resulting in deep sell of in the benchmark equity index of the Dow Industrials (DJIA). The Dollar Index (DX) is consistently trading above the critical resistance of 81.20...
Market Commentary The US Dollar appreciated across the board wherein the Sterling continued to depreciate to currently trade at 1.5130 ranges followed by the Euro and next the Japanese Yen which is trading near its year lows...
