Tag: AUDUSD

The AUD/USD pair managed to fall during the session on Tuesday, after initially surging higher. This shooting star shaped candle is a bit of a signal that perhaps a pullback should be coming.

The AUD/USD pair shot straight up after the mildly bullish European session, and then especially so after the extremely strong US jobs number. The surprise to the upside got everybody in the markets in the “risk on”...

The AUD/USD pair spiked initially during the Thursday session, only to turn around after the ECB disappointed markets. The “risk off trade” had the Australian dollar selling off, and we have formed a shooting star for the...

The US dollar is forecasted to pare yesterday’s gains from the higher-yielding Australian currency as investors appear to be intent to take on risk. With the European Central Bank planning concerted action with Euro Zone countries to...

The outlook for the aussie is looking more bearish: there is a a possible outside bar reversal forming on the daily chart, although the volume is quite low, nevertheless it is a bearish sign. Resistance at the...