The AUD/USD pair fell during the session on Monday, even getting below the 1.05 level. We are currently at the top of the market range, and it should be noted that the shooting star that formed on...
The Dollar Index is currently trading at critical support of 78.70-78.20; further fall is expected only on the Dollar Index consistently trading below 78.00 ranges. Though the major trend is bearish, the USD seems to be over...
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The AUD/USD pair had a strong showing for most of the session on Friday, but turned around and formed a shooting star. In fact, this was a very wicked shooting star that would have a lot of...
AUDUSD breaks above 1.0612 resistance and reaches as high as 1.0624, suggesting that the uptrend from 0.9581 has resumed. Further rise could be expected next week, and next target would be at 1.0800 area. Support is at...
After the Fed chairman, Mr,Bernanke announced buying MBS and other assets to boost the job market, the Dollar stumbled to the month’s lows to currently trade at 79.02. DX seems to be heading towards the historic support...
AUD/USD rose during the session after more quantitative easing came out of the Federal Reserve on Thursday. The 1.05 level has been broken above now, and as such it does look like we’re going to continue much...
AUD/USD rose during the session to test the 1.05 handle, but failed in the end. By the end of the day, we saw a shooting star form, and it does look rather suspicious at this particular point...
The US Dollar slipped across the board though with lesser momentum; with all eyes on the Fed policy today, the most of the major pairs are trading flat. Further direction may be established during American session.
The aussie is still rallying and has just formed a continuation pattern which indicates a strong probability that it will rise further, with 1.0550 targeted first and then perhaps the most recent highs at 1.0610. The wave...
