In this video, we examine the AUD/USD pair from the 4 hour time-frame. The pair has seen a strong rally over the last 5 sessions, but now it meets some important resistance levels. We look at several scenarios, including if the upswing continues, as well as what happens if we encounter a retracement. Share you thoughts., What do you think of the Aussie this week?
www.fxtimes.com - Forex News, Analysis,Research, Education, Live-events and more # This is a follow up of yesterday's Forex Trading Setup - Buying AUD on a Dip? # The 4H and 1H charts show indeed the market breaking below ranging action between 0.9975 and 1.0080 area. # The RSI gives us some caution in going long because it almost broke below 30 in the 4H but did so in the 1H chart. There is definitely some near-term bearish sentiment, so going long is respecting the intermediate uptrend in the AUD/USD. Continue at FXTimes Fan Yang CMT Chief Technical Strategist FXTimes
Forex Technical Update 9/28/2010 USD/JPY is sliding towards the levels right before the intervention a couple of weeks ago. There should be some support ahead. The Euro continues higher against the Yen, Pound, and US Dollar. Gold rallies after a quick retracement. Finally AUD/USD extends towards swing target, and USD/CAD remains in sideways range. Fan Yang CMT www.fxtimes.com
Daily afternoon analysis of the US Forex market trading session with dailyfx Currency Analyst John Kicklighter. Includes coverage of economic and financial market news, as well as an outlook for the day ahead and trading ideas. Produced by: www.dailyfx.com
John's Trades: EUR/GBP; Long USD/JPY Daily wrrap-up of the US Forex market trading session with dailyfx Currency Strategist John Kicklighter. Includes coverage of economic and financial market news, as well as an outlook for the next 24 hours and trading ideas. Produced by: www.dailyfx.com
Daily afternoon analysis of the US Forex market trading session with dailyfx Currency Analyst John Kicklighter. Includes coverage of economic and financial market news, as well as an outlook for the day ahead and trading ideas. www.dailyfx.com