Technical analysis for 19/04
The AUD/USD pair fell for the session on Wednesday as the “risk off” trade came back. The 200 day EMA is just above, and continues to push the market down at this point. The candlestick isn’t outside...
The AUD/USD pair rose during the Tuesday session as the “risk on” trade came back into vogue around the world. Stock markets and commodities rose on the whole, and as a result the riskier currencies were bought...
The AUD/USD pair found itself slightly higher at the end of the Monday session as the pair simply bounced around for most of the session. The 200 day EMA is just above continues to pressure the Aussie...
The AUD/USD pair fell on Friday as the sellers came into the various markets and got rid of risk before the weekend. The 200 day EMA is slicing through the center of the recent price action, and...
AUDUSD breaks above the downward trend line on daily chart, suggesting that a cycle bottom is being form at 1.0225. Further rise is still possible next week, and the target would be at 1.0550 area. However, the...
The AUD/USD pair rose on Thursday as the gold markets shot up as well. The Federal Reserve is expected to keep rates low for quite some time as there were a few different board members making comments...
A decrease in the yield of Spanish and Italian government bonds provided support for the Euro currency.
The AUD/USD pair bounced from the lows on Wednesday in order to signify the support level at the 50% retracement level. The pair has been sold off significantly as of late, and the downward channel in this...
The Federal Reserve Chairman, Mr. Ben Bernanke said that the U.S. recovery was far from being complete. Asian and European trading sessions: