AUDUSD remains in the short term uptrend from 0.7328, the fall from 0.7445 is likely consolidation of the uptrend. Further rise to test the resistance of the descending trend line on 4-hour chart is possible. Support is...
The AUD/USD pair showed a lot of volatility during the day on Tuesday, as we bounced off the 0.74 level after a pullback. That level should offer quite a bit of support, and the market should then...
AUDUSD is in short term uptrend from 0.7328. Further rally could be expected and the target would be at the descending trend line on 4-hour chart. Near term support is at the support trend line of the...
The Australian dollar has rallied during the session on Monday, breaking above the 0.74 level. We found a bit of resistance at the 0.7450 level, and then dropped. However, I think that the 0.7425 level offering resistance...
AUDUSD broke above 0.7426 resistance, indicating that the downward movement from 0.7610 had completed at 0.7328 already. Further rally could be expected in a couple of days, and next target would be at the downward trend line...
AUDUSD has been trending lower recently and is now moving inside a descending channel on its 4-hour chart. Price just bounced off support and is looking to pull back to the resistance at the .7450 minor psychological...
AUDUSD is facing 0.7426 key resistance. As long as this level holds, the rise from 0.7328 could be treated as consolidation of the downtrend from 0.7610 and further decline to 0.7250 area could be expected after the...
AUDUSD remains in downtrend from 0.7749 and the fall extended to as low as 0.7328. Further decline is still possible after a minor consolidation and next target would be at 0.7250 area. Resistance is located at the...
The Australian dollar rallied during the day on Friday, but found enough resistance above the 0.74 level to turn things around and form a shooting star. While this is a negative sign, and we are sitting the...
The Australian dollar had an interesting session, initially falling, perhaps in sympathy to the moves in the New Zealand dollar. However, we rallied a bit but now are starting to see resistance again near the 0.7380 handle....
