The Australian dollar rallied during the day on Tuesday, slicing through the 0.79 handle. The market broke out to the upside, and it now looks as if we are ready to continue going higher. After all, we...
AUDUSD’s bullish movement from 0.7571 extended to as high as 0.7942. Support is now located at the rising trend line on the 4-hour chart. As long as the price is above the trend line, the uptrend could...
The Australian dollar had a relatively choppy session on Monday, as we continue to hover near the 0.70 level. The break out on Friday was significant, so I think we are trying to build up enough momentum...
AUDUSD has been trending higher and is moving inside a bullish channel formation on its 4-hour chart. Price is bouncing off the resistance and could be due for a pullback from here. Stochastic is turning lower from...
AUDUSD remains in uptrend from 0.7571, the fall from 0.7838 is likely consolidation of the uptrend. Near term support is located at the bottom trend line of the price channel on its 4-hour chart. As long as...
AUDUSD had been trading inside an ascending triangle on its long-term time frame and has just broken past the resistance at the .7750 minor psychological mark. This signals that the pair is in for an uptrend, which...
AUDUSD’s bullish movement from 0.7571 extended to as high as 0.7834. Near term support is at 0.7790, as long as this level holds, the uptrend could be expected to continue and next target would be at 0.8000...
AUDUSD continued its bullish movement from 0.7328 and the rise extended to as high as 0.7834. Further rise is still possible after a minor consolidation and next target would be at 0.8000 area. Support is now located...
The Australian dollar went higher in slow-motion during the day initially, but then exploded to the upside as the inflationary numbers of the United States were weaker than anticipated. Because of this, the Australian dollar broke above...
AUDUSD broke above 0.7712 resistance, suggesting that the uptrend from 0.7328 (May 9 low) has resumed. Further rise is possible in a couple of days and next target would be at 0.7800 area. Support level is now...
