AUDUSD’s bounce from 0.7542 extended to as high as 0.7632. However, the bounce is likely correction of the downtrend from 0.7740. Resistance is now at 0.7650, as long as the pair stays below this level, then downtrend...
AUDUSD recently broke below its ascending channel support around the .7650 minor psychological mark and dipped to .7550. Price seems to be showing signs of pulling back and applying the Fib tool on the latest swing high...
AUD/USD daily chart, March 07, 2017 The AUD/USD pair fell a bit during the day on Monday, but found enough support at the 50-day exponential moving average to turn things around and bounce a bit. I believe...
AUDUSD remains in downtrend from 0.7740, the rise from 0.7542 is likely consolidation of the downtrend. Further decline could be expected after the consolidation and next target would be at 0.7400 area. Resistance is at 0.7620, only...
The AUD/USD pair fell a bit during the day on Friday but found a bit of support at the 0.7550 level. The market has massive support at the 0.75 level as well, so I believe that it’s...
AUDUSD’s downward movement from 0.7740 extended to as low as 0.7542. Further decline is still possible after a minor consolidation, and next target would be at 0.7400 area. Resistance is at 0.7620, as long as this level...
AUDUSD failed to break above 0.7778 resistance and pulled back from 1.0340, indicating that the upward movement from 0.7158 had completed. Further decline would likely be seen in a couple of weeks, and the target would be...
The AUD/USD pair broke down significantly during the day on Thursday, forming a very bearish candle. However, there are still plenty of support underneath current trading levels, and extending all the way down to the 0.75 handle....
AUDUSD broke below 0.7605 key support, indicating that the uptrend from 0.7159 (Dec 26, 2016 low) had completed at 0.7740 already. Further decline could be expected after a minor consolidation and next target would be at 0.7400...
AUDUSD broke below the channel support. Further decline to test 0.7605 key support would likely be seen in a couple of days. A breakdown below this level will confirm that the uptrend from 0.7159 (Dec 26, 2016...
