Daily price is breaking Senkou Span line for the possible breakdown: the price is crossing 109.04 support level to below on open daily bar for now for the reversal of the price movement from the ranging bullish to the primary bearish market condition. Absolute Strength indicator is estimating the bearish trend to be started, and Chinkou Span line is already broke the price to below for the good breakdown in the near future to be continuing. If D1 price will break 109.04 support ...
AUD/USD Fundamental Analysis January 12, 2015 Forecast The AUD/USD is trading at 0.8142 up by 19 points as the US dollar eases. The currency should have fallen when retail sales printed below expectations but it saw little reaction. The Aussie jumped above the 0.8100 level on Thursday following the release of surprisingly strong figures showing approvals for the construction of new homes had risen 7.5 per cent in November. The currency was also being supported by lower oil prices ...
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