AUD/USD: trend-line break
The aussie has broken down below a major trend-line and is continuing lower. It will probably fall even further reaching a cluster of support including the 50-day MA at around parity or 1.0005. A break below 1.0100...
Tag: AUDUSD
AUD/USD Forecast July 12, 2012, Technical Analysis
The AUD/USD market rose during the session on Wednesday to slam into the 1.03 resistance level. This was the area that the bears became aggressively resistive in this market, and as such we are watching this area...
Forex-Metal Daily Analysis -11/07/2012
Technical analysis for 11.07
AUD/USD Forecast July 11, 2012, Technical Analysis
The AUD/USD pair formed a shooting star on Tuesday after initially trying to surge on optimism. The pair does look rather weak at this point in time, and judging by last week’s shooting stars at the 1.03...
Forex-Metal Daily Analysis -10/07/2012
Market review for 09.07.12: The Euro-Zone Sentix Investor Confidence index fell in July to the -29.6 points value. Asian and European trading sessions:
AUD/USD Forecast July 10, 2010, Technical Analysis
AUD/USD had a slightly bullish day on Monday after initially falling. The currency pair formed a hammer, and this of course is a very bullish signal. It appears that the 1.02 level is offering support at this...
Forex-Metal Weekly Analysis
Market review for 2 – 6.07.2012
AUD/USD Forecast July 9, 2012, Technical Analysis
AUD/USD fell for much of the Friday session as the US jobs number disappointed. The candle did find a bit of a bounce at 1.02, and as such it does look like there is some form of...
AUDUSD Analysis – July 7, 2012
AUDUSD remains in uptrend from 0.9581, the price action from 1.0223 is likely consolidation of the uptrend. Pullback to 1.0050 area to complete the consolidation would likely be seen next week. Key support is at 0.9968, as...
AUD/USD Forecast July 6, 2012, Technical Analysis
The AUD/USD pair had a positive session on Thursday, but did pare back some of the gains as it breached the 1.03 level. The fact is that in front of the nonfarm payroll Friday, very few traders...