AUD/USD fell on Tuesday, breaking below the bottom of recent consolidation. The 1.06 level giving way was indeed interesting, but in reality the major support that should continue to see this pair higher is at the 1.04...
The AUD/USD pair fell during the Monday session as the consolidation in this market continued. The 1.08 level has continued to show real strength as a resistive level, and the 1.06 level has been very supportive at...
With most of the asset classes, especially the benchmark equity index of the Dow Jones Industrials (DJIA) trading sideways, the Dollar Index has been trading tight since yesterday. The benchmark equity index of the Dow Jones Industrials...
Market review for 27.02 – 2.03, 2012
The Dollar Index is trading firm at 79.40 after finding support at 78.10 ranges; the short term trend is sideways between 79.80 and 78.40. The benchmark equity index of the Dow Jones Industrials is currently trading sideways...
The AUD/USD pair fell during the Friday session as the risk assets around the world fell. The commodities markets fell, and this always tends to pull the Aussie down. The 1.08 level held true again, and it...
AUDUSD moved sideways in a range between 1.0596 and 1.0844. Key support is at 1.0596, as long as this level holds, the price action in the range is treated as consolidation of the uptrend from 0.9663, one...
AUD/USD rose during the session on Thursday to test the 1.08 level again. The move has recaptured much of the Wednesday losses, and looks to be a build of pressure on the resistance level.
The Dollar Index has found support at 78.10 ranges to currently trade at 78.90 ranges; the short term trend is sideways between 79.80 and 78.40. The benchmark equity index of the Dow Jones Industrials is currently trading...
Technical analysis for 1/03