AUD/USD Weekly Technical Analysis - IBTIMES.com: International Business News, Financial News, Market News, Politics, Forex, Commodities

AUD/USD Weekly Outlook

AUD/USD's sharp fall from 1.0199 last week indicates that rebound from 0.9803 is finished. Also, such development suggests that whole decline from 1.0254 is possibly resuming. Initial bias remains on the downside this week for 0.9803 first. Break will confirm this bearish case and target 100% projection of 1.0254 to 09803 from 1.0199 at 0.9748 next. On the upside, above 1.

Feb 14, 2011 | ActionForex

Forex Trading ideas for USD/CHF, GBP/USD and AUD/USD

Dollar-Swiss remains in its strong downtrend. Last week it failed to see a strong break above 0.9600. Immediate Support is seen at 0.9400 and a break below it might pull it down towards 0.9300-9250. A break below 0.9250 would trigger fresh downmove towards 0.9000-0.8800 going forward. On the upside Resistance is seen in 0.9500-50 region. If the Support at 0.

Feb 01, 2011 | Kshitij Consultancy Service

AUD/USD Weekly Outlook

AUD/USD stayed in choppy sideway trading in range of 0.9803/1.0075 last week and outlook remains unchanged. Initial bias is neutral this week and some more consolidations might be seen. Though, another fall is still in favor as long as 1.0075 resistance holds. Break of 0.9803 support will confirm resumption of whole fall from 1.0254 and will also affirm the case of medium term reversal.

Jan 30, 2011 | ActionForex

FX Technical Weekly for EURUSD, EURGBP, GBPJPY, EURJPY, USDCHF, USDCAD, USDJPY, NZDUSD, AUDUSD and GBPUSD

TrendW is weekly trend and CURR denotes how long the current trend has been underway in weeks. 1,2,3 STD are 1st,2nd, and 3rd standard deviations of the duration of trends measured over the last 150 weeks (3 years).

Jan 22, 2011 | DailyFX

AUD/USD Weekly Outlook

AUD/USD's reversal at 1.0075 last week suggests that corrective recovery from 0.9803 is finished an fall from 1.0254 might be resuming. Initial bias is mildly on the downside this week. Break of 0.9803 will also affirm the case of medium term reversal and will target 0.9536 support for confirmation. On the upside, above 1.0075 will flip bias back to the upside for a test on 1.

Jan 22, 2011 | ActionForex

AUD/USD Weekly Outlook

AUD/USD drew some support from 61.8% retracement of 0.9536 to 1.0254 and recovered. But such recovery was limited at 1.0019 and AUD/USD dropped sharply towards the end of the week. Initial bias is cautiously on the downside this week for 0.9803 support first. Break will indicate that fall from 1.0254 has resumed. Also, this will affirm the case of medium term reversal and will target 0.

Jan 16, 2011 | ActionForex

AUDUSD Weekly Outlook

AUD/USD's fall from 1.0254 accelerated to as low as 0.9907 last week but drew support in 0.9830/1.0027 support zone and formed a temporary low there. Initial bias is neutral this week. Note that while there are some signs of reversal, AUD/USD is still staying well above 0.9830 support and hence, we'll still slightly prefer another rise. Above 1.0054 will indicate that pull back from 1.

Jan 09, 2011 | ActionForex

Forex Weekly Technical Update 1.7.2011 – EURUSD, GBPUSD, USDJPY, AUDUSD, USDCHF, USDCAD, EURGBP, EURJPY, GBPJPY, Gold & Silver

The Forex market came back to full force this week and drove the USD in anticipation of better economic form the US, the most important one being the Non-Farm payroll. The market stalled before this important release for the USD crosses. Other major themes to start 2011 was continuing woes for the Euro, and for many a surprising drop in gold and silver. The Aussie is also making a sharp reversal.

By Fan Yang | Jan 08, 2011 | FX Times

Market Update - Aussie and Kiwi are moving higher

It has been a quiet open to the week, with the exclusion of a few currency pairs. Aussie and Kiwi are moving higher against the buck while most other currencies are up or down only marginally.

Dec 21, 2010 | FXRenew

AUDUSD Weekly Outlook

AUD/USD edged higher to 1.0027 last week but formed a short term top there, with bearish divergence condition in 4 hours MACD, and retreated. More consolidations would be seen below 1.0027 this week. But after all, another rise remains in favor as long as 0.9752 support holds. We're still favoring the case that correction from 1.0181 is completed with three waves down to 0.9536 already.

Dec 19, 2010 | ActionForex

FX Technical Weekly for EURUSD, EURGBP, GBPJPY, EURJPY, USDCHF, USDCAD, USDJPY, NZDUSD, AUDUSD and GBPUSD

Quite simply, the EURUSD pattern is bearish against 13500. The rally to that level is a clear 3 wave advance and minimum expectations are for a drop below 13160. A near term objective is 13400 (100% extension) and a drop below 12970 would ignite the fire that burns deep within the bear and shift focus to the former pivot low at 12585.

By Jamie Saettele | Dec 19, 2010 | DailyFX

Forex Weekly Technical Update 12.17.2010 – EURUSD, GBPUSD, USDJPY, USDCHF, USDCAD, AUDUSD

The market has been choppy throughout December so far especially for the US Dollar. It has lost its steam from November. Attempts by dollar bulls have been thwarted before breaking significant levels, but the push is there. We end the week looking at the EUR/USD, GBP/USD, USD/JPY, USD/CHF, USD/CAD, AUD/USD pairs.

By Fan Yang | Dec 18, 2010 | FX Times