The Australian dollar initially tried to rally on Monday, but then roll over. However, we have a significant amount of support below at the 0.7850 level, which is an area that we see in a significant bounce...
AUDUSD broke above the bearish trend line on its 4-hour chart, indicating that the downside movement from 0.8065 had completed at 0.7838 already. Further rally could be expected and next target would be at 0.8000 area. Support...
AUDUSD’s pullback from 0.8065 extended to as low as 0.7838, facing the support of the bullish trend line on its daily chart. As long as the price is above the trend line, the pullback could be treated...
The Australian dollar has been very volatile during the Friday session, initially dipping to a fresh, new low, and then exploding to the upside. I think this market is trying to find some type of a longer-term...
The Australian dollar fell a bit during the day on Thursday, reaching down towards the 0.75 zero level underneath. We bounce from there, but I think overall, we are going to continue to see quite a bit...
AUDUSD extended its downside movement from 0.8065 to as low as 0.7838 after failing in the attempt to break above the bearish trend line resistance on its 4-hour chart. As long as the price is below the...
The Australian dollar initially trying to break down during the day on Wednesday, but we did get a bit of a bounce. However, that bounce was somewhat short-lived as fears arise over tensions from the Korean Peninsula....
AUDUSD stays in a bearish trend line on its 4-hour chart and remains in the downtrend from 0.8065. As long as the trend line resistance holds, the downside movement could be expected to continue and next target...
The Australian dollar initially tried to rally during the day on Tuesday, but found trouble at the 0.7950 or so. The fact that we ran to that level and then fell over, the market should then continue...
AUDUSD broke below 0.7875 support and is now in downtrend from 0.8065. Near term resistance is at the falling trend line on the 4-hour chart. As long as the pair is below the trend line, the downtrend...
