The Australian dollar went sideways and a very choppy session on Thursday, finding resistance just above the 0.76 handle. The market then broke down to the 0.7575 handle, and it looks as if it is likely to...
The Australian dollar initially tried to rally, but then broke down as the gold markets did as well. Gold markets continue to be very volatile and negative, as interest rate outlook for the central banks around the...
AUDUSD is trending higher on its short-term time frames, moving inside an ascending channel on its 1-hour chart. Price is currently testing support and might be due for a bounce back to resistance at the .7750 to...
The AUD/USD pair initially went sideways during the day on Tuesday, then collapsed to reach towards the 0.76 level underneath. The market looks very negative, as the selloff has been rather brutal. Because of this, the market...
AUDUSD broke below the rising support trend line on the 4-hour chart and is now in downtrend from 0.7712. Deeper decline is possible and next target would be at 0.7555, followed by 0.7535. Near term resistance is...
The Australian dollar broke down during the day on Monday, reaching towards the 0.7650 level. Now that we have not found support underneath, the market looks likely to start picking up to the upside again, perhaps reaching...
AUDUSD’s fall from 0.7712 extended to as low as 0.7644. However, the fall is likely consolidation of the uptrend from 0.7535, as long as the pair is above the rising trend line on its 4-hour chart, the...
AUDUSD remains in uptrend from 0.7535, the pullback from 0.7712 could be treated as consolidation of the uptrend. Near term support is at the bottom trend line of the price channel on its 4-hour chart. As long...
AUDUSD continued its upside movement from 0.7328 and the rise extended to as high as 0.7712, facing the resistance of 0.7749. A break of this level will confirm that the longer term uptrend from 0.7158 has resumed,...
The Australian dollar rallied initially during the day, testing the 0.77 level above. We pulled back though, and now looks like the 24-hour exponential moving average is trying to offer dynamic support that should push the market...
