AUDUSD moved sideways in a trading range between 0.7875 and 0.8065. As long as 0.7875 key support holds, the sideways movement could be treated as consolidation of the uptrend from 0.7571, and further rise towards 0.8150 is...
The Australian dollar went sideways during the Monday session, as we continue to see a lot of noise around the 0.80 handle. This is a level that goes back decades on the chart, and it causes quite...
AUDUSD remains in uptrend from 0.7571, the fall from 0.8065 is likely consolidation of the uptrend. Range trading between 0.7875 and 0.8065 would likely be seen in a couple of days. As long as 0.7875 support holds,...
AUDUSD’s bullish movement from 0.7571 extended to as high as 0.8065. Key support is at 0.7875, as long as this level holds, the uptrend could be expected to continue and next target would be at 0.8150 area....
AUDUSD’s bullish movement from 0.7328 extended to as high as 0.8065. Near term support is at 0.7875, as long as the price is above this level, the bullish movement could be expected to continue and next target...
The AUD/USD pair initially went sideways during the day on Friday, but didn’t the bit to find support near the 0.7950 level. We then slammed into the 0.80 level above, which is a psychologically important level, and...
The Australian dollar initially spiked higher during the day on Thursday, but found enough resistance at the 0.8050 level to turn around and fall below the 0.80 level. I think that we are now testing support at...
After a sideways consolidation, AUDUSD broke above 0.7989 resistance and continued its bullish movement from 0.7571, and the rise extended to as high as 0.8065. Further rise could be expected and next target would be at 0.8150...
The Australian dollar fell initially during the day on Wednesday, but found enough support at the 0.7880 region to turn around and bounce. As we await the FOMC minutes later in the day on Wednesday, I believe...
The Australian dollar rose during the session on Tuesday, as we continue to consolidate overall. I believe that the market is waiting for the FOMC Statement coming out today, as the Australian dollar is so highly leveraged...
