AUDUSD failed to break below the support of the bullish trend line on the daily chart and rebounded strongly from 0.7807, suggesting that the pair remains in the uptrend from 0.7328. As long as the price is...
The AUD/USD pair rallied during the day on Friday, slicing through the 0.79 level. This is a very bullish sign, and I think now that will continue to go much higher, perhaps reaching towards the 0.80 level...
AUDUSD rebounded strongly to 0.7960 area after approaching the bullish trend line on its daily chart, suggesting that the pair remains in the uptrend from 0.7328 and the pullback from 0.8065 could be treated as consolidation of...
The Australian dollar initially tried to rally during the day on Thursday, but turned around to form a pretty negative move. However, if we can stay above the 0.79 level, it’s likely that we will eventually find...
AUDUSD is now in the uptrend from 0.7807, the pullback from 0.7962 is likely correction of the uptrend. Another rise could be expected after the correction and next target would be at 0.8050 area. Key support is...
The Australian dollar rallied significantly during the day on Wednesday, but found the 0.79 level above to be a bit resistant. Quite frankly, I think this will be and I selling opportunity unless we break above the...
AUDUSD broke above the top trend line of the price channel on its 4-hour chart, indicating that the downside movement from 0.8065 had completed at 0.7807 already. Further rally could be expected after a correction pullback and...
The Australian dollar initially tried to rally on Tuesday, but found enough resistance at the 0.7875 level to turn around and continue to fall. I believe the gold markets are going to continue to suffer, as the...
AUDUSD extended its downside movement from 0.8065 to as low as 0.7807, facing the bullish trend line on its daily chart. A clear break below the trend line support could take price to next support level at...
AUDUSD formed a sideways consolidation in a range between 0.7838 and 0.7918. As long as 0.7918 resistance holds, the downside movement from 0.8065 could be expected to continue and next target would be at the bullish trend...
