AUD/USD Technical Analysis: Aussie Dollar Reversal Brewing Ahead?

To receive Ilya’s analysis directly via email, please SIGN UP HERE Talking Points: AUD/USD Technical Strategy: Flat Aussie Dollar forms bullish candlestick pattern, hinting a rebound may be ahead Bearish long-term trend break still valid, hinting gains may yet prove corrective The Australian Dollar put in a bullish Morning Star candlestick pattern, hinting that a […]

Four-Day Losing Streak Breaks Aussie Down to Three-Month Lows

To receive Michael’s analysis directly via email, please SIGN UP HERE AUD/USD Daily Chart Technical Outlook: Aussie broke below confluence slope support at ~7778 last night on the heels of a lackluster print on 3Q CPI. The decline is now targeting a critical support confluence highlighted in yesterday’s weekly technical perspective at 7630/65. A break […]

Aussie-Dollar-Gains-as-RBAs-Lowe-Says-Rates-Cant-Be-Low-Forever_body_Picture_4

Aussie Dollar Gains as RBA’s Lowe Says Rates Can’t Be Low Forever

Talking Points: The RBA Governor reiterated that record–low rates won’t be around forever, even if they don’t rise soon The market has heard similar things before and didn’t move far Household debt levels continue to worry the RBA Track traders’ sentiment towards the Aussie Dollar and all the Asia/Pacific majors here. The Australian Dollar was […]

Aussie-Dollar-Steady-as-China-Caixin-PMI-Edges-Up_body_Picture_1

Aussie Dollar Steady as China Caixin PMI Edges Up

Talking Points Private service sector activity ticked up in November, according to Caixin Taken with a manufacturing deceleration, the overall picture hasn’t changed much Neither did AUD/USD, which was more focused elsewhere The Australian Dollar was steady on Monday after news of a pickup in Chinese service-sector output was published. The private Caixin Purchasing Managers […]