The AUD/USD pair initially tried to rally during the session on Thursday, but got beat back yet again. The shooting star from Wednesday signaled that we are running into quite a bit of resistance, and now we...
Weakness in most of the asset classes, especially in equities led to strengthening of the US Dollar after showing weakness for most of the European session. The Greenback continued to gain against the Common currency, the Swiss...
The AUD/USD pair attempted to rally during the Wednesday session, but found a ton of resistance of the 1.05 area. Because of this, we have formed a massive shooting star that sits just ensemble the 1.04 level,...
The AUD/USD pair broke through the 1.04 level during the Tuesday session as resistance gave way slightly. However, we are not ready to go long of this pair until we break the highs of the Tuesday session...
The Dollar traded flat against the Euro, the Cable and the Swiss France whereas it continued to slide against the Aussie Dollar. The Dollar Index is again expected to find resistance at 81.00 ranges from where is...
The Dollar traded mixed against the FX majors wherein it has appreciated against the Euro, the Cable and the Swiss France where as the USD has weakened by about 50 pips against the Aussie Dollar.
The AUD/USD pair rose during the session as the 1.03 level seems to be holding as support. We still have significant resistance at 1.04, and we still feel that we’re consolidating overall between the 1.02 and 1.06...
Better than expected US jobs data resulted in appreciation of the greenback against most of the FX majors. The Dollar has appreciated across the basket, wherein the Cable fell by more than 90 pips, the Euro by...
AUDUSD may be forming a cycle top at 1.0418 on daily chart. Pullback to 1.0200 area would likely be seen next week. Resistance is at 1.0418, only break above this level could trigger another rise to test...
The AUD/USD pair fell significantly during the session on Friday as the 1.04 level continues offer massive resistance. The market looks like it’s ready to head back towards the 1.02 level, and a break below the Friday...
