AUD/USD Forecast January 24, 2013, Technical Analysis
The AUD/USD pair fell during most of the session on Wednesday, but bounced that the 1.0530 level in order to form a bit of a hammer. With this being said, it does look like a market that’s...
Tag: AUDUSD
AUD/USD Forecast January 23, 2013, Technical Analysis
The AUD/USD pair had a strong showing on Tuesday after the slightly bullish candle on Monday. We are now at the very top of the range, which of course is bordered by the 1.06 handle which has...
AUD/USD Forecast January 22, 2013, Technical Analysis
The AUD/USD pair had a slightly positive session on Monday as the 1.05 level continues to offer support. It is because of this that we are more than willing to go along at this point as we...
AUDUSD Analysis – January 19, 2013
AUDUSD remains in uptrend from 1.0149. Another rise could be expected after consolidation, and next target would be at 1.0700 area. Support is located at the upward trend line on daily chart, only a clear break below...
AUD/USD Forecast January 21, 2013, Technical Analysis
The AUD/USD pair fell during the Friday session as the market tested the bottom of the hammer from Thursday. We broke below the 1.05 level at one point in the session, but bounced back above in order...
AUD/USD Forecast January 18, 2013, Technical Analysis
The AUD/USD pair fell pretty significantly during the session on Thursday, but found enough support at the 1.05 level to bounce much higher and form a wicked looking candle.
AUD/USD Forecast January 17, 2013, Technical Analysis
The AUD/USD pair fell during the session on Wednesday, but bounced significantly from the 1.0525 area in order to form a hammer for the second day in a row. This market looks like it wants to breakout...
AUD/USD Forecast January 16, 2013, Technical Analysis
The AUD/USD pair fell during the session on Tuesday as the markets continue to churn just above the 1.05 level. However, we do see the bullish case being made and the upside pressure being laid on in...
GFM Research – FX Daily Report, January 16, 2013
Market Commentary The Dollar Index is trading at 79.50 ranges, near the support of the sideways trading range of 79.00-81.00 formed since couple of months; next leg of weakness in the USD is expected only on the...
AUD/USD Forecast January 15, 2013, Technical Analysis
The AUD/USD pair had a positive showing on Monday, but still remains well underneath the massive resistance barrier that needs to break in order to truly become a bullish proposition.