Price action on AUD/USD (a 4-hour chart of which is shown) as of Wednesday (7/21/2010) morning, has reached and turned down around the key 0.8850 price region, establishing a tentative triple top a...
Gold price action (a daily chart of which is shown) as of Friday (7/23/2010), continues to hover just above a long-term uptrend ...
AUDUSD: Having rallied strongly higher and reversed almost all of its losses started from the 0.8858 level, its Jun 21'10 high, upside risks are now building for a recapture of that level.5 ...
AUDUSD: With AUDUSD turning back below the 0.8550/00 levels and creating a technical damage to its nearer term recovery off the 0.8065 level, its 2010 low, risk continues to point to the downside with...
The Australian dropped to almost a three-week low, reversing earlier gains, as global stocks fluctuated and crude oil dr...
The AUDUSD had moved above trendline resistance at the 0.8652 level. The market will now look for 0.8643-52 to provide support for the pair with the next upside target pointing toward the ...
To short or not to short the Aussie? That is the question. Well, I would tell you my take on it in a bit but first, let me present to you the updated chart of the AUDUSD pair using its daily timeframe...
AUDUSD: With its May 06'10 low at 0.8704 broken on Tuesday and the 0.8576 level, its 2010 low and the 0.8500 level violated in today's trading, risk of further weakness remains6 Vote(s) ...
AUDUSD stays in a trading range between 0.8577 and 0.9404. Sideways movement in the range could be expected to continue in a couple of weeks. Now a....
Things are looking not too rosy for the AUDUSD as it just broke its long term uptrend line which began back in March 2009. Presently, the pair is flirting with the 0.9000 psychological support. If the...