Still bearish against the Aussie
02.25.19 09:59 PM - Comment(s)
Is that a Hammer on AUD/USD after a "flash crash"?
01.03.19 05:27 PM - Comment(s)
Prior State:  Since February 2017 the Euro has been steadily climbing against the Canadian Dollar.


Current State: Price retraced approximately 50% of the rise from 2/27/17 to 3/12/18 (1.3827 to 1.6089 at 50% is 1.4996)  The rally above 1.5475 confirmed a resumption of the rally.


Future Forec...
01.02.19 06:38 PM - Comment(s)
If you examine the chart there are many elements that together are an argument that AUD/USD has put in a bottom.

1. After weeks of lower highs and higher lows, the close on 11/16 at .7332 broke the pattern with a close higher than 9/21 at .7289

2. There is a Shooting Star closing on 10/26 marking the ...

12.18.18 09:21 PM - Comment(s)

One of the stronger currencies since 2016 has been the Aussie - but not lately.  Since late January 2016, the Aussie Dollar has struggled against most currencies and especially the US Dollar.  The last few weeks have been bullish for the pair which begs the question is the 2018 selloff ove...

08.07.18 11:20 PM - Comment(s)