The AUD/USD pair fell hard in the latter hours of the Tuesday session. The market looks more and weaker over time, and as the market is sitting at the 50% Fibonacci retracement level it could be choppy...
The AUD/USD pair fell for some of the session on Monday, but managed a bounce to form a doji. The pair has bounced at the 50% Fibonacci level, and it looks as if the buyers are starting...
The Dollar Index is currently range bound between 81.00 and 78.70. Major constituent of the Dollar Index basket, the Euro is trading sideways with bearish undertone, resulting in correction in most of the asset classes, especially the...
The AUD/USD pair has a slight bullish day for the second session in a row. The pair has started to show signs of support at the 1.0250 level – which just happens to be the 50% Fibonacci...
AUDUSD remains in downtrend from 1.0855. Further decline would likely be seen next week and next target would be at 1.0100 area. Resistance remains at the downward trend line on daily chart, only a clear break above...
The AUD/USD pair rose during the Thursday session as the pair tested the 61.8% Fibonacci level. The shape of the daily candle was a doji, and this was formed after a hammer. The pair currently trades at...
Technical analysis for 5/04
The AUD/USD pair fell on Wednesday as the risk off trade can back into play. The pair stopped falling at the 61.8% Fibonacci level. The 200 day EMA is above the pair now, and we are watching...
The AUD/USD pair fell hard during the Tuesday session as the Federal Reserve failed to suggest a case for further easing in the minutes that were released in the US. The 1.04 level has given way, but...
The negative Euro-zone news’ release pressured the Euro currency.
