15 December, 2016 by Aayush Jindal in AUDUSD, Fundamental Analysis, Market Analysis, Technical Analysis
AUDUSD – Aussie Dollar Breaks Crucial Support Vs Dollar Post Fed Rate Hike
The Aussie dollar broke a crucial support area at 0.7450 against the US dollar to ignite a downside move.
There was a crucial bullish trend line formed on the 4-hours chart of AUDUSD, which was broken to open the doors for a bearish wave.
The Fed interest rate was announced y...
16 August, 2016 by Aayush Jindal in AUDUSD, Market Analysis, Technical Analysis
AUDUSD – Downside Pressure Remain Intact On Aussie Dollar
Aussie dollar started the week on a negative note against the US Dollar and may continue to weaken.
The AUDUSD pair is currently following a bearish trend line on the hourly chart, which is acting as a resistance.
The Australian New Motor Vehicle Sales released by the Australian Bureau of Sta...
18 July, 2016 by Aayush Jindal in EURUSD, Market Analysis, Technical Analysis
EURUSD – Euro Poised For Declines Versus US Dollar
The Euro after completing a corrective rally against the US Dollar found sellers and started to move down.
There was a monster resistance area around the 1.1160-80 levels, which acted as a barrier for the Euro bulls and pushed the EURUSD pair down.
In the US today, the NAHB Housing Market Index will...
15 July, 2016 by Aayush Jindal in Market Analysis, Technical Analysis, USDCAD
USDCAD – US Dollar Setting Up For More Losses Against CAD?
The US Dollar moved down against the Canadian dollar, and it looks poised for more declines.
There was a major bullish trend line formed on the 4-hours chart of the USDCAD pair, which was broken during the downside move.
In the US, the Consumer Price Index will be released by the US Bureau o...
17 May, 2016 by Aayush Jindal in Market Analysis, Technical Analysis
AUDJPY – 80.00 Represents Major Resistance For Aussie Dollar
Aussie Dollar managed to find bids recently near 78.60 vs the Japanese yen and traded higher.
However, the AUDJPY pair is facing resistance near a bearish trend line formed on the hourly chart.
In Australia, the minutes of the Reserve Bank of Australia meetings were published, which pushed...