Daily Pin Bar On The AUD/USD – AUD Hesitates At Resistance

USD Weekly Analysis Daily Pin Bar On The AUD/USD – AUD Hesitates At Resistance Written on September 17, 2012 by forex-fx-4x in AUD/USD Weekly Analysis Daily Pin Bar On The AUD/USD – AUD Hesitates At Resistance The AUDUSD currency pair has given a daily timeframe Pin Bar, at the previous swing-high level, after rallying to a high around 1.0624 last week. The AUD has has gained on broad-based risk sentiment (US Federal Reserve’s new stimulus plans) but is hesitating at this… Continue Reading » 0 Comments - Leave a comment! Forex Confluence Trading Example – AUDUSD Setup Written on July 31, 2012 by forex-fx-4x in AUD/USD Weekly Analysis, Forex Trading, Forex Trading Tutorials Forex Confluence Trading Example - AUDUSD Setup This post will run over the AUD/USD price action from today (31/7/2012) with a particular focus on a high probability trade setup that presented itself. We have published numerous analysis posts on the merits of confluence when trading the forex market and this was an excellent example. Many… Continue Reading » 1 Comment - Leave a comment! AUDUSD Technical Analysis – Currency Index Showing Further AUD Strength Written on July 26, 2012 by forex-fx-4x in AUD/USD Weekly Analysis AUDUSD Technical Analysis – Currency Index Showing AUD Strength The AUDUSD currency pair has moved to the upside following an increase in risk appetite and improvement in broad based market sentiment. This comes after the false break below the highlighted ascending trend line yesterday (Wednesday) and subsequent move higher, forming a bullish outside candle…. Continue Reading » 0 Comments - Leave a comment! AUDUSD Analysis – Chinese Data Weighing On Aussie Written on July 9, 2012 by forex-fx-4x in AUD/USD Weekly Analysis The Australian dollar is trading lower for the second day in a row; concerns around Chinese inflation data and US employment statistics are weighing on the "Aussie". The US nonfarm payroll data from Friday revealed 80k private sector jobs were added in June, which was under the 100k forecast average from a Dow Jones Newswire… Continue Reading » 0 Comments - Leave a comment! Australian Dollar Analysis-‘Big Wednesday’ For the Aussie Dollar Written on June 27, 2012 by MONEY MORNING in AUD/USD Weekly Analysis ‘Big Wednesday’ For the Aussie Dollar Australian dollar analysis from MoneyMorning Australia – Dr Alex Cowie – 27th June 2012 The Aussie dollar isn’t following the script at all. A ‘risk currency’ like the Aussie should tank when the world is going to hell in a hand-basket. Australia has the 16th largest economy in the…