Recent content by moneytree123

AUD/USD Fundamentals: - There has not been any new information coming from the RBA over the past week and the economic calendar is looking light for the coming week as well. The slowdown in growth in China has had an effect on the Aussie which was the main instigator of the downtrend last...

AUD/USD The AUD/USD has now been in a consolidation pattern since the beginning of February with just a couple of small breakouts at either end of the trading range. The Future of the Ozzy looks limited in terms of how much higher this can go with the current economic climate and is very...

The interest rate statement had little effect on the AUD/USD which is still in its downward trend. We did see pullbacks on Monday to 0.9135 but pressure to continue down is strong. I was waiting to see the effect of the Interest rates statement before I made a decision on this and I am going to...

AUD/USD There has been a long term downtrend on the AUD/USD but there seems to be a strong support level creeping in 0.9058 which is the same level seen in the centre of the double bottom pattern between July and September. Although there is still momentum for this to reach the 0.9000 level...

Trade with me in the live room AUD/USD What a down turn we had last week, a nice sizable trend that people were able to get their teeth into . The price has even dipped below the breakout point of the double bottom pattern that was witnessed between August and September. The coming week...

Has the Euro got a weaker future Although the ECB will never tell you the truth behind their interest rate cuts, they would have surely taken the strength of the Euro against the dollar into consideration. It is up to us as analysts to read between the lines and think about the bigger...

Follow my signals completley BOAFX AUD/USD As we predicted last week we continued bearish on our original trade and hit the base line of 0.9300. The price, not surprisingly bounced back to just below 09400. Again we hit the base line of 0.9300 before starting again on the upward trend. If...

AUD/USD We expected the bearish trend to continue and it did. We still have not reached the base of this sell direction and we are still looking for around the 0.9300 mark as the next base line. However we are currently lagging just under the 0.9400 level and would like to see this become...

EUR/USD We have broken below the entry level on the Eur/Usd early this morning, dropped to 13440 but are showing signs of a reversal. At present we are hovering around the 1.3478 level which we are watching to become resistance.

Follow my Signals Completely Free AUD/USD The bearish trend continued through our tight stop loss last week and executed the sell trade. We are currently at 0.9438 but I will be looking for a take profit around 0.9278. However I will be locking in some profit around the previous swing high...

Follow my signals for free AUD/USD As I suggested last week the bullish trend had reached a point where retracement was likely before a further up move and that is exactly what happened. The price fell from 0.9757 to the support level 1 pivot point of 0.9571 almost 20 pips. This level...

Follow my signals for this analysis for free AUD/USD We broke through the channel and have continued on a bullish trend for the rest of the trading week last week and are reaching a point where retractment is likely before a further up move. 0.9803 is a key level and could open the way to...

AUD/USD The bulls won the battle after the AUD hit 0.9287 level we re-hit the last weeks target of 0.9400 which was extended to 0.9457. There is resistance at 0.9438 the R2 level on the daily pivot points. I will be expecting to a channel to form between 0.9424 and 0.9448 briefly before a...

After the breakout of the big "W" pattern earlier in the month we predicted that a reversal would be in sight to around the breakout point. This week we have seen that happen as we predicted and start back on the bullish trend to our target of 0.9400. After going through the target to 0.9440 and...

AUD/USD As we expected the bearish trend rested on the 0.9342 level before making a return to the bullish trend, unfortunately this was short lived and it only hit the 0.9403 level before going bearish for the rest of the week. We are however resting on the next support of 0.9315 but I am...