AUDUSD moved sideways in a narrow range between 0.7605 and 0.7695. The sideways movement is likely consolidation of the uptrend from 0.7159 (Dec 26, 2016 low). Further rise could be expected as long as the pair stays...
AUDUSD is facing 0.7695 resistance, a break of this level will indicate that the uptrend from 0.7159 (Dec 26, 2016 low) has resumed, then next target would be at 0.7800 area. On the downside, as long as...
AUDUSD remains in uptrend from 0.7158. Further rise is still possible over the next several weeks, and next target would be at 0.8000 area. Support is at 0.7500, only break below this level could bring price back...
The AUD/USD pair rallied on Friday, testing the recent highs. I believe that there is a significant amount of resistance above, especially at the 0.7750 level. If we can break above there, the market will continue the...
The AUD/USD pair went back and forth on Thursday, showing signs of confusion. I think there is more than enough support below at the 0.76 level to keep the market going higher, and eventually reaching towards the...
The AUD/USD pair rallied during the day on Wednesday, showing signs of life again. This is a market that has recently rallied, and thus it looks as if the 0.75 level is going to continue to be...
AUDUSD is in consolidation of the uptrend from 0.7159. Range trading between 0.7570 and 0.7695 would likely be seen in a couple of days and further rise to 0.7800 is possible after consolidation. Key support is at...
The Australian dollar fell a bit during the session on Tuesday, testing the 0.76 level underneath. We found a bit of support there, and the market bounced enough to show signs of volatility. I believe longer-term the...
AUDUSD remains in uptrend from 0.7159 (Dec 26, 2016 low), the fall from 0.7695 is likely consolidation of the uptrend. Range trading between 0.7570 and 0.7695 would likely be seen in a couple of days and further...
The Australian dollar fell during the Monday session, as we continue to see volatility in the Forex markets. I still believe that there is a significant amount of support just below though, so I’m looking for buying...
