AUDUSD stays above a bullish trend line on its daily chart and remains in the uptrend from 0.7328. As long as the trend line support holds, the uptrend could be expected to continue and next target would...
The Australian dollar exploded to the upside as Janet Yellen gave her speech on Friday. The 0.79 level has even offered support on the short-term pullback, so I believe that the market is going to go looking...
The Australian dollar initially fell during the session on Thursday, but bounced enough to test the 0.79 level again. I think there is a certain amount of negativity this market, as gold markets will continue to struggle...
No changed in our view, AUDUSD remains in the uptrend from 0.7807, the fall from 0.7962 is likely correction of the uptrend. Another rise to test 0.7962 resistance could be expected, a breakout of this level could...
The Australian dollar started out very soft during the day on Wednesday, breaking below the 0.79 handle. However, we turned around to show signs of life again, as the market continues to hover the 0.79 handle in...
AUDUSD remains in uptrend from 0.7807, the fall from 0.7962 could be treated as correction of the uptrend. Another rise to test 0.7962 resistance is possible after the correction, and a breakout of this level could signal...
AUDUSD failed to break above 0.7962 resistance and pulled back to 0.7880 area. However, the fall would possibly be correction of the uptrend from 0.7807 and another rise towards 0.8065 could be expected after the correction. Support...
The Australian dollar initially fell on Monday, but found enough support just above the 0.79 level to shoot higher. Pay attention to gold, it tends to move in lockstep with this market, and it seems to be...
AUDUSD is facing 0.7962 resistance. A break above this level could signal resumption of the uptrend from 0.7807, then further rise to test 0.8065 resistance could be seen. Support levels are at 0.7870 and 0.7807, only break...
AUDUSD is now in uptrend from 0.7807, the fall from 0.7962 is likely correction of the uptrend. A break of 0.7962 resistance will signal resumption of the uptrend, then next target would be at 0.8050 area. Support...
