Technical forecast for AUD/USD
AUDUSD made it to resistance at 9440/50 which did hold the move as expected. We dipped to good support at 9381/77 which could hold the downside today but
Technical forecast for AUD/USD
AUDUSD will need to hold above 9390 for a chance to retest yesterday’s high at 9418. Above here today we hit resistance at 9440/50 which should hold the
Elliott Forecast For AUDUSD: Correction Could Be Near Completion
AUDUSD is in a bearish reversal mode since last Friday when market completed a five wave recovery at 0.9528. As such, the contra-trend reaction has unfolded in three
AUDUSD: Three Waves Up Could Bet A Correction-Don’t Be Surprised By Bearish Trend
AUDUSD 4h Elliott Wave Analysis AUDUSD moved through 0.9230 swing high from Aug 19th that caused an extension up to 0.9353 from where pair reversed nicely in this
AUD/USD: Greenback Capitalizes on Weak Australian Home-Loan Approvals
Starting the trading week to early gains, the US dollar further pares Friday’s losses against its Australian counterpart today. Thin trades are expected today on a quiet day
AUD/USD: Greenback Gains Over Aussie on RBA Speculations
Just like how the Baltimore Ravens edged the San Francisco 49ers to win the Super Bowl XLVII, the US dollar is looked forward to get the better of
AUD/USD: Greenback Gives in to Aussie on King’s Day
The US dollar is keen to give in to a bullish start to the trades of its Australian counterpart’s weekly exchanges. Though price action initially dropped to a
AUD/USD: Safety Bets Rise as Fiscal Cliff Talks Stall
The US dollar is seen to shine as an apparent stalemate on talks over averting a fiscal cliff is deemed to incite risk-off trades today. As the White