The AUD/USD pair had a slightly positive day on Tuesday, but not without the bears trying to send the pair back down. Still, at the end of the session the candle wasn’t all that impressive.
Technical analysis for 29/05
The AUD/USD pair formed a gap at the open this week as rumors of a European bank bailout fund started to make their way around the trading desks globally. However, 24 hours later there have been no...
The AUD/USD pair had a volatile session on Friday only to end up unchanged at the end of the session. The 0.97 level looms large as support below, and this has kept the sellers at bay so...
AUDUSD’s downward movement from 1.0855 extends to as low as 0.9589. Further decline could be expected next week, and next target would be at 0.9500 area. Key resistance is at 1.0000, a break above this level will...
The AUD/USD pair rose during the session on Thursday, but failed to make a strong statement. The resulting candle for the session is a shooting star at the bottom of this fall, and this is one of...
The Retail Sales in the UK were significantly worse than expected in April.
The AUD/USD pair fell hard for most of the session as the “risk off” trade was the main theme for the day. However, in the late hours the Americans decided to take the words of the French...
The AUD/USD pair fell on Tuesday as the fears over Europe continue. The former Prime Minister of Greece, Mr. Papademos suggested that the exit risk of Greece out of the European Union was a real threat, and...
The “G8” leaders agreed to continue taking measures to strengthen the