The AUD/USD pair bounced off the 0.7650 level during the session on Tuesday, as we continue to consolidate overall. The market should then reach towards the 0.7740 level, and eventually I think we break above the 0.7750...
AUDUSD recently broke below its ascending channel visible on the 1-hour and 4-hour time frames. Price has dipped to a low of .7635 before showing signs of a pullback. Applying the Fib tool on the swing high...
AUDUSD broke below the bottom of the price channel on 4-hours chart, implying that the uptrend from 0.7159 (Dec 26, 2016 low) had completed at 0.7740 already. Further fall to test 0.7605 key support is possible, a...
The AUD/USD pair chopped around during the day on Monday, as we continue to see quite a bit of volatility. The market should then try to reach towards the 0.7750 level above, so I feel that it’s...
AUDUSD is facing the support of the price channel on 4-hours chart. As long as the pair stays in the channel, the uptrend from 0.7159 (Dec 26, 2016 low) could be expected to continue, and next target...
AUDUSD remains in uptrend from 0.7158. Further rise is still possible after a minor consolidation, and next target would be at 0.8000 area. Key support is at 0.7511, only break below this level could bring price back...
The AUD/USD pair fell significantly during the day on Friday but bounced off the 0.7670 area, showing signs that there is plenty of support. We have a lot of resistance above, but given enough time I feel...
AUDUSD’s upward movement from 0.7159 (Dec 26, 2016 low) extended further to as high as 0.7740. Near term support is at the bottom of the price channel on 4-hour chart. As long as the channel support holds,...
The Australian dollar rallied a bit during the day on Wednesday, but found a bit of resistance at the 0.77 handle. Nonetheless, I believe that it’s only a matter of time before the Aussie continues to climb,...
The AUD/USD pair fell on Tuesday, but found enough support near the 0.7650 level to turn things around to form a hammer. The hammer of course is a very bullish sign, and if we can break above...