The AUD/USD pair rally during the session on Tuesday, only to turn around and all in the end. This formed a shooting star the 1.05 level, and this does of course look very bearish. It should be...
The AUD/USD pair rose during the session on Monday, continuing the bullish action as seen over the last four sessions. However, we are approaching the 1.05 level and it does look like the pair is starting to...
Market review for 30.07.12: The markets in anticipation of the ECB and Fed of U.S. meetings.
The aussie has continued channelling higher in what might be a bullish ending pattern. It is currently at a strong group of resistance lines and there is a possibility that it might roll-over from here and fall...
Market review for 23 – 27.07.2012
The AUD/USD pair rose during the session on speculation of further easing by the central banks from both Europe and the United States. The liquidity injection will more than likely drive commodity price higher, and as such...
AUDUSD’s upward movement from 0.9581 extends to as high as 1.0485. Further rise could be expected next week, and next target would be at 1.0650 area. Key support is now at 1.0176, only break below this level...
The aussie has been rising strongly in a possible ending-diagonal, which is a bearish indication. It is currently at a resistance level and there is even stronger resistance not much higher at the 1.0475 where a nexus...
The AUD/USD pair shot straight up during the Thursday session as the head of the ECB suggested they were willing to do anything to keep the Euro afloat. This suggests that the central bank will further ease,...
Market review for 25.07.12: The Euro increased despite negative news from Germany.
