The Australian dollar initially fell on Thursday but turned around to break above the 0.80 level again. This is a very significant break out, as we have made a “higher high” in a market that’s trying to...
AUDUSD broke above 0.8065 previous high resistance. Further rise could be expected after a minor consolidation and next target would be at 0.8162. Support is located at the bullish trend line on the 4-hour chart, only a...
AUDUSD Short Term Elliott Wave view suggests that the rally from 8/15 low is unfolding as a double three Elliott Wave structure. Up from 8/15 low, Minute wave ((w)) ended at 0.79957 and Minute wave ((x)) ended at 0.7868. Minute...
The Australian dollar fell during most of the session on Wednesday, but turned around to rally during the US trading. We are testing the 0.80 level as I write this, and I recognize that there is a...
AUDUSD stays in a rising price channel on its 4-hour chart and remains in uptrend from 0.7807. As long as the price is in the channel, the upside movement could be expected to continue and next target...
AUDUSD Short Term Elliott Wave view suggests that the rally from 8/15 low is unfolding as a double three Elliott Wave structure. Up from 8/15 low, Minute wave ((w)) ended at 0.79957 and Minute wave ((x)) ended at 0.7868. Minute...
The Australian dollar went sideways during the session on Tuesday originally, but then broke above the vital 0.80 level. If we break above this level and stay above it for a daily close, I think this is...
AUDUSD’s upside movement from 0.7807 extended to as high as 0.8028. As long as the price is in the bullish channel on the 4-hour chart, the upside movement could be expected to continue and next target would...
The Australian dollar gap lower as the North Koreans tested a nuclear bomb, but then turned around to fill that gap before falling again. I think that the market has significant support near the 0.79 handle, just...
AUDUSD moved sideways in a trading range between 0.7866 and 0.7995. As long as 0.7866 support holds, the sideways move could be treated as consolidation of the uptrend from 0.7807, and further rise towards 0.8065 is still...
