Analysis: Aussie dollar continued its free fall this week and there is no sign of recovery yet, short term and medium term supports broken easily, even a short term retracements…
Forex trading signals and analysis for AUDUSD – 4 Sep 2014
Analysis: AUDUSD moved up significantly again after GDP data and testing short term support 0.9270 level. Aussie dollar closed the day at almost day high and moving toward key resistant…
Forex trading signals and analysis for AUDUSD – 29 Aug 2014
Analysis: AUDUSD finally moved up to test 0.9374 zone as expected and closed the day around 0.9350 zone. Currently, Aussie dollar still trading around 0.9350. 0.9374 is a key level…
Forex trading signals and analysis for AUDUSD – 15 Aug 2014
Analysis: Key risks events for the Aussie dollar already happen but could not help AUDUSD break the range to move faster, the Aussie dollar continue its move within the trading…
Forex trading signals and analysis for AUDUSD – 5 Aug 2014
Analysis: AUDUSD has been stuck in the range 0.9210 – 0.9450 for almost 4 months. When reviewing the chart, it looks like Aussie dollar is preparing for the upside breakout…
Forex trading signals and analysis for AUDUSD – 17 Jul 2014
Analysis: AUDUSD continue to move lower as expected but more slowly and the market show downside rejection at support level of 0.93 – 0.9320. Aussie dollar trading range is getting…
Forex trading signals and analysis for AUDUSD – 11 Jul 2014
Analysis: 0.95 has officially become a top for AUDUSD, Australian employment and Chinese trade balance data push more pressure on the downside for AUDUSD. The market formed a reversal signal…