The Australian dollar fell a bit during the day on Tuesday, but found enough support near the 0.74 level to turn things around and shoot much higher. Breaking above the 0.7450 level is very significant, and if...
AUDUSD broke above 0.7465 resistance, indicating that the downward movement from 0.7517 had completed at 0.7416 already. Further rally to test 0.7517 resistance could be expected in a couple of days, a break though this level could...
The Australian dollar had a choppy back and forth type of situation form on Monday, as we gapped lower, then bounced to find resistance at the 0.7450 level. After that, we fell down to the 0.7425 level,...
AUDUSD remains in downtrend from 0.7517. Further decline could be expected after a minor consolidation and next target would be at 0.7350 area. Resistance is at 0.7465, as long as this level holds, the downtrend will continue.
AUDUSD is now in downtrend from 0.7517. Further decline could be expected in a couple of days and the next target would be at around 0.7350. Resistance is at the bottom trend line of the price channel...
AUDUSD broke above the resistance of the bearish trend line on its daily chart, indicating that the downside movement from 0.7749 had completed at 0.7328 already. Further rally is possible over the next several weeks and next...
The AUD/USD pair fell during the day on Friday, but then bounced significant only to turn around yet again. The Australian dollar has been struggling for some time, and it makes sense that we will continue to...
The Australian dollar had a very volatile session on Thursday, initially breaking above the 0.75 handle, then dropping much lower. The last couple of days have been interesting, as it looks like we are running out of...
AUDUSD broke below the bottom support trend line of the price channel on 4-hour chart, indicating that the upward movement from 0.7328 had completed at 0.7517 already. Further decline could be expected over the next several days...
AUDUSD failed to break below the bottom support trend line of the price channel on 4-hour chart and rebound from 0.7442, indicating that the pair remains in uptrend from 0.7328. As long as the pair is in...
