The Australian dollar fell significantly during the trading session on Wednesday, breaking down to the 0.7575 handle. We bounced from there, but found enough resistance at the previous support level to turn things around and fall significantly....
AUDUSD stays below a bearish trend line on the 4-hour chart and remains in the downtrend from 0.7729. As long as the price is below the trend line, the downtrend could be expected to continue and next...
The Australian dollar has been very noisy during the trading session on Tuesday, as we continue to pound to the downside. It looks as if we are going to try to break down below the 0.76 handle,...
AUDUSD continued its downside movement from 0.7729 and the fall extends to as low as 0.7576. Near term resistance is at the falling trend line on the 4-hour chart. As long as the price is below the...
The Australian dollar gap lower at the open on Monday, turned around to fill the gap, and then rolled over to test the 0.7625 level. The market underneath continues to be supported very stringently at the 0.76...
AUDUSD was previously trading sideways between support around .7650 and resistance at .7700-.7725. Price has just broken below the range support and looks ready for a pullback before heading further south. Using the Fib tool on the...
AUDUSD broke below 0.7624 support, indicating that the downtrend from 0.7897 has resumed. Further decline could be expected in the coming days, and next target would be at 0.7500 area. Near term resistance is at 0.7670, only...
AUDUSD stays in a trading range between 0.7624 and 0.7729. As long as 0.7729 resistance holds, the sideways movement could be treated as consolidation of the downtrend from 0.7897, and a breakdown below 0.7624 support could trigger...
AUDUSD formed a sideways movement in a narrow range between 0.7624 and 0.7729. The sideways movement is likely consolidation of the downtrend from 0.8124 and a breakdown below 0.7624 support could trigger another fall towards 0.7535 support...
The Australian dollar went sideways initially during the trading session on Friday, and then broke down significantly. The 0.7650 level looks to be a bit supportive, and I think if we can break down below there we...
