AUDUSD stays below a downward trend line on daily chart, and remains in downtrend from 1.0855, and the fall has extended to as low as 1.0304. As long as the trend line resistance holds, downtrend could be...
The AUD/USD pair fell for most of the session on Thursday, but bounced late in the day to form a nice looking hammer at the 1.04 area. This area was the site of a significant breakout a...
The Australian and New Zealand dollar fell today due to decline of the World’s stock markets.
The AUD/USD pair fell again on Wednesday to pierce the 1.04 level again. While the candle for the session is bearish, it appears that the level is giving a good fight, and the market looks as if...
The Bank of Japan is ready to fight the defilation in Japan. Asian and European trading sessions:
The AUD/USD pair fell on Tuesday as the “risk off” trade came back into the markets. The market continues to look healthy though, and even with the selloff there are multiple reasons to consider owning the Aussie...
Technical analysis for 27/03 EURUSD The pair is trading between 1.33143 and 1.31674. Resistance: 1.33143, 1.34882, 1.35984 Support: 1.31674, 1.30277, 1.28630
The AUD/USD shot straight up on Monday after the Fed Chairman Ben Bernanke stated that the case for Quantitative Easing could be made. He didn’t specifically state it outright, but was blunt about keeping rates as low...
Market review for 19 – 23.03, 2012
The AUD/USD pair rose from the 1.04 support level as the buyers stepped in just in time on Friday. The 1.04 level was the scene of a breakout from the large ascending triangle that gave us this...