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Subscribe to this list via RSS Blog posts tagged in AUD

AUD USD breaching many resistance barriers

Posted by Yasir Mubarak on Wednesday, 29 June 2011 in Breaking News

Quick look at the AUD USD chart, we could see that the pair is breaching all the resistance levels facing it, specially after closing from the upside channel's support.

Please take a look at the chart (click on image for full size view)

AUD USD Under Microscope

Posted by Yasir Mubarak on Thursday, 31 March 2011 in Daily Technical Analysis

Updating yesterday’s report, we can see that the pair hovers around the support for the ascending short term channel.

AUD USD Under Microscope

Posted by Yasir Mubarak on Tuesday, 29 March 2011 in Daily Technical Analysis

After exiting the ascending channel organizing the short term bullishness, which started with consolidation at the channel’s support around 0.8080, the pair declined in a correctional move and settled for 23.6% correction and rebounded to the upside as shown below returning above the breached support for the ascending channel.

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