AUD/USD Forecast May 28, 2012, Technical Analysis
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...
Tag: AUDUSD
AUDUSD Analysis – May 26, 2012
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...
AUD/USD Forecast May 25, 2012, Technical Analysis
The AUD/USD pair rose during the session on Thursday, but failed to make a strong statement. The resulting candle for the session is a shooting star at the bottom of this fall, and this is one of...
Forex-Metal Daily Analysis -24/05/2012
The Retail Sales in the UK were significantly worse than expected in April.
AUD/USD Forecast May 24, 2012, Technical Analysis
The AUD/USD pair fell hard for most of the session as the “risk off” trade was the main theme for the day. However, in the late hours the Americans decided to take the words of the French...
AUD/USD Prices May 23, 2012, Technical
The AUD/USD pair fell on Tuesday as the fears over Europe continue. The former Prime Minister of Greece, Mr. Papademos suggested that the exit risk of Greece out of the European Union was a real threat, and...
Forex-Metal Daily Analysis -22/05/2012
The “G8” leaders agreed to continue taking measures to strengthen the
AUD/USD Forecast May 22, 2012, Technical Analysis
The AUD/USD pair shot straight up for the session on Monday as the bounce that many had waited for. The pair seems to be finding a lot of support 0.98 levels, and as a result we think...
AUD/USD Forecast May 21, 2012, Technical Analysis
The AUD/USD pair fell on Friday as the “risk off” attitude continues to haunt the markets. The Aussie is suffering at the hands of the fear of European debt issues and as the risk assets around the...
AUDUSD Analysis – May 19, 2012
AUDUSD continues its downward movement from 1.0474, and reaches as low as 0.9795. Further decline would likely be seen next week, and next target would be at 0.9600 area. Resistance is at 1.0000, only break above this...