The AUD/USD pair went back and forth and very choppy trading on Thursday initially, but then rolled over drastically. This of course is going to coincide with the gold market as per usual, which may have gotten...
AUDUSD moved sideways without trend in a trading range between 0.7624 and 0.7729. As long as the price is below 0.7729, the sideways movement could be treated as consolidation of the downtrend from 0.7897 and further decline...
The AUD/USD pair rallied a bit during the day on Wednesday, but continues to struggle at the downtrend line that I have marked on the one-hour chart. I believe that this slight pullback could be the beginning...
AUDUSD failed to break below 0.7624 support and stayed in a trading range between 0.7624 and 0.7729. The range trading could be expected to continue in a couple of days and a break of 0.7685 level could...
The Australian dollar continues to fall, as Tuesday was yet another negative session. It looks as if we are heading towards the 0.76 level underneath, which should offer some psychological support. However, if we break down below...
AUDUSD is facing 0.7624 support, a breakdown below this level could signal resumption of the downtrend from 0.7897 then further decline towards 0.7500 could be seen. Near term resistance is at 0.7670, a break of this level...
AUDUSD failed to break below 0.7624 support and stayed in a trading range between 0.7624 and 0.7729. The price action in the range is likely consolidation of the downtrend from 0.8124 (Sep 8 high). As long as...
AUDUSD pulled back to 0.7640 area after touching 0.7718 resistance, indicating that the pair remains in the downtrend from 0.8124 (Sep 8 high). A breakdown below 0.7624 support could signal resumption of the downtrend, then next target...
AUDUSD stays below a bearish trend line on daily chart and remains in the downtrend from 0.8124. As long as the price is below the trend line, the rise from 0.7624 could be treated as consolidation of...
The Australian dollar broke down during the trading session on Friday as the jobs numbers in America disappointed. While a bit counterintuitive, this is because the US dollar strength as the “risk off” trade came back into...
