The Australian dollar gapped lower at the open on Monday, but then fill that gap as one would expect. After that, we pulled back but then found an explosive moved to the upside as the market now...
AUDUSD broke above the resistance of the descending trend line on the 4-hour chart, indicating that the downward movement from 0.7517 had completed at 0.7371 already. Further rise to test 0.7517 resistance could be seen after a...
AUDUSD is facing the resistance of the bearish trend line on the 4-hour chart. A clear break of the trend line resistance will indicating that the downside movement from 0.7517 had completed at 0.7371 already, then the...
AUDUSD is now in uptrend from 0.7328, the fall from 0.7517 could be treated as correction of the uptrend. Near term resistance is at 0.7517, a break of this level could bring price to the next resistance...
The AUD/USD pair exploded to the upside on Friday, and reaction to the weaker than anticipated jobs number coming out of the United States. By breaking through the 0.74 level, we now find this market trying to...
The AUD/USD pair had a very negative session on Thursday, as we sliced through the 0.74 level, but then bounced enough to go towards the 0.7420 level. At that area, the market then fell significantly and broke...
AUDUSD broke below 0.7416 support and continued its short term bearish movement from 0.7517. Further decline to test 0.7328 support is possible in a couple days, a break through this level could take price to next support...
The Australian dollar initially tried to gain during the session on Wednesday, but found enough resistance at the 0.7475 level to turn things around and rollover towards the 0.7425 handle. That’s an area that has offered a...
AUDUSD is facing 0.7416 support, a breakdown below this level could signal resumption of the downtrend from 0.7517, then deeper decline to 0.7350 area could be seen. Resistance is at 0.7475, above this level could take price...
AUDNZD since March 13/2017 has been moving lower. There are possible bullish patterns that can push the pair higher but traders need to see AUDNZD price action slow down and show possible signs that it wants to...
