Support lines doesn't seem to exist for this pair. No signs of a retracement back up to the 1.015 area.

AUD/USD

I am referring to H4 on Gold and AUDUSD charts.

Aussie Trading Room and Cartoons Gallery

AUD is still falling without any respect for the support lines.. I can see some corelation with the drop in gold prices, which kind of matches the pattern of the AUDUSD pair. At this moment, it looks a lot like a runaway train with faulty brakes..

Aussie Trading Room and Cartoons Gallery

Thank you FXTyrant, yup totally logical as the trading week is almost over and will see how it unfolds next week.. I'm waiting for a good long entry point to target at. 1.038 (right about when the rumour that Soros had shorted).. I suspect in near ...

AUD/USD

Hello everyone.. Super noob here that had recently started to make small trades in Forex, mainly on AUD/USD. This is my first post. Pardon my limited experience and question. I believe I see a hammer formed in the 4H chart at this point. Does that ...

AUD/USD