AUDUSD is facing 0.7995 resistance, a break of this level could signal resumption of the uptrend from 0.7807, then next target would be at 0.8050 area. Key support is at 0.7866, only a breakdown below this level...
AUDUSD remains in the uptrend from 0.7328, the price action from 0.8065 is likely consolidation of the uptrend. Near term support is at the bullish trend line on the daily chart. As long as the price is...
The Australian dollar initially fell during the day on Friday, but turned around to show extreme amounts of bullish pressure. However, there is still a lot of resistance at the 0.80 level above. If we were to...
The AUD/USD pair fell initially during the day on Thursday, but bounced enough to break above the 0.79 level again. This is a pretty bullish move, but I think this is going to have more to do...
AUDUSD failed to break below 0.7866 support and moved sideways in a trading range between 0.7866 and 0.7995. As long as 0.7866 support holds, the sideways movement could be treated as consolidation of the uptrend from 0.7807...
The Australian dollar has been sold off rather aggressively during the session on Wednesday, as the sellers stepped in just below the 0.80 level. Now that we are approaching the 0.79 handle, it is likely that we...
AUDUSD is facing 0.7866 support, a breakdown below this level could indicate that the uptrend from 0.7807 had completed at 0.7995 already, then the following downside movement could bring price to 0.7700 area. On the upside, as...
The AUD/USD pair gapped lower at the open on Monday, but then fill the gap and continue to go higher. However, I think the 0.80 level above offers a significant amount of resistance, and will take several...
AUDUSD broke above 0.7962 resistance, indicating that the uptrend from 0.7807 has resumed. Further rise could be expected in a couple of days, and next target would be at 0.8030 area. Support is at 0.7866, only a...
AUDUSD is facing 0.7962 resistance once again. A break above this level will signal resumption of the uptrend from 0.7807, then next target would be at 0.8030 area. Support levels are at 0.7866 and 0.7807, only break...
