AUDUSD Forecast January 5, 2016, Technical Analysis
The AUDUSD pair fell during the day on Monday, reaching towards the bottom of the ascending triangle that we have been trading in.
The AUDUSD pair fell during the day on Monday, reaching towards the bottom of the ascending triangle that we have been trading in.
AUDUSD continued its sideways movement in a range between 0.6907 and 0.7439. As long as 0.7439 resistance holds,
The AUDUSD pair broke higher during the course of the day on Monday, but only and a fairly lackluster manner.
AUDUSD stayed in the trading range between 0.6907 and 0.7439 for several months.
The AUDUSD pair initially fell during the day on Wednesday, and then bounced off of the 0.72 handle.
The AUDUSD pair fell significantly during the session on Tuesday, as we continue to chop around in this market.
The AUDUSD pair broke higher during the day on Monday, clearing the top of the hammer that informed on the previous candle.
The AUDUSD pair went back and forth during the day on Wednesday, but pierced below the bottom of the hammer from Tuesday which of course is a fairly negative sign.
The AUDUSD pair fell during the day on Tuesday, but found enough support below to turn things around and form a candle that looks suspiciously like a hammer.
The AUDUSD pair fell during the day on Monday, finally making a decision after forming several indecisive candles in a row.