Forex-Metal Daily Analysis -05/07/2012
Technical analysis for 5.07
Tag: AUDUSD
AUD/USD Forecast July 5, 2012, Technical Analysis
The AUD/USD pair fell during the session after initially surging higher. The reversal of this action formed a shooting star, which is a bearish sign.
AUD/USD Forecast July 4, 2012, Technical Analysis
AUD/USD had another positive session on Tuesday as the risk on sentiment continues. The market broke the top of the shooting star from the Monday session, and this is a fairly bullish sign. Also, the fact that...
AUD/USD Forecast July 3, 2012, Technical Analysis
The AUD/USD pair was very quiet on Monday as the markets took a breather from the bullish run that we saw on Friday. Perhaps the move was a little bit overextended, and this of course would cause...
AUD/USD Forecast July 2, 2012, Technical Analysis
The AUD/USD pair absolutely exploded during the Friday session as the word got out that the European Union came up with a possible workaround for the Spanish and Italian bond markets.
AUDUSD Analysis – June 30, 2012
AUDUSD break above 1.0223 resistance, suggesting that the uptrend from 0.9581 has resumed. Further rise could be expected next week and next target would be at 1.0500 area. Support is at 0.9965, only break below this level...
AUD/USD Forecast June 29, 2012, Technical Analysis
The AUD/USD pair fell for most of the session after an initial spike. The candle from Thursday looks a bit like a long legged doji and suggests that there is a bit of confusion in the markets....
AUD/USD Forecast June 28, 2012, Technical Analysis
AUD/USD rose during the Wednesday session as risk appetite expanded ever so slightly. The bounce that has happened over the last 48 hours shouldn’t be much of a surprise as we pointed out the hammer that form...
Forex-Metal Daily Analysis -27/06/2012
The negative results of the auctions on Italy’s and Spanish bonds pressured the Euro currency. Asian and European trading sessions:
AUD/USD Forecast June 27, 2012, Technical Analysis
The AUD/USD pair gained during most of the session on Tuesday as the parity level held as support. Yesterday we mentioned that this area could produce some type of reaction, and a quite obviously has.