The AUD/USD pair had a bearish day on the Friday session as the Non-Farm Payroll reports in America came out very weak. However, the bounce at the end of the day managed to form a hammer in...
AUDUSD continues its downward movement from 1.0855, and the fall extends to as low as 0.9581. Further decline is still possible next week, and next target would be at 0.9450 area. Key resistance is at 0.9900, only...
The AUD/USD pair attempted a rally on Thursday as the 0.97 level was tested. The resulting candle was green, but just barely. Even more interesting is the fact that the candle is a shooting star at the...
The AUD/USD pair has a difficult role to play these days. The Wednesday session saw this pair fall straight down, and even come close to testing the lows form a couple of sessions back. This pair is...
The Greek banks received a total of 18 billion Euros as the second program of assistance to Greece from the EU and the IMF.
The AUD/USD pair had a slightly positive day on Tuesday, but not without the bears trying to send the pair back down. Still, at the end of the session the candle wasn’t all that impressive.
Technical analysis for 29/05
The AUD/USD pair formed a gap at the open this week as rumors of a European bank bailout fund started to make their way around the trading desks globally. However, 24 hours later there have been no...
The AUD/USD pair had a volatile session on Friday only to end up unchanged at the end of the session. The 0.97 level looms large as support below, and this has kept the sellers at bay so...
AUDUSD’s downward movement from 1.0855 extends to as low as 0.9589. Further decline could be expected next week, and next target would be at 0.9500 area. Key resistance is at 1.0000, a break above this level will...