AUDUSD remains in uptrend from 0.7159 (Dec 26, 2016 low), the fall from 0.7695 is likely consolidation of the uptrend. Near term support is at 0.7610, as long as the pair stays above this level, the uptrend...
AUDUSD’s upward movement from 0.7158 extended to as high as 0.7695. Further rise is still possible over the next several weeks, and next target would be at 0.8000 area. Support is now at 0.7500, only break below...
The AUD/USD pair initially fell on Friday, but as you can see turned around to form a bit of a hammer. It looks as if the market is going to reach towards the 0.7750 level above, although...
The AUD/USD pair continues to show strength, as we broke out during the day on Thursday. However, we did get a little bit overextended so I feel that the market will probably drop from here to find...
AUDUSD’s upward movement from 1.7159 (Dec 26, 2016 low) extended to as high as 0.7695. Key support is now at 0.7511, as long as this level holds, the uptrend could be expected to continue, and next target...
The AUD/USD pair initially tried to rally during the day on Tuesday, but gave back a little bit of the gains once we get close to the 0.73 handle. Once we break above there, I believe that...
No changed in our view, AUDUSD remains in uptrend from 0.7159. As long as 0.7493 support holds, the fall from 0.7608 could be treated as consolidation of the uptrend. Further rise would likely be seen after consolidation...
AUDUSD remains in uptrend from 0.7158. Further rise is possible over the next several weeks, and next target would be at 0.8000 area. Support is at 0.7300, only break below this level could trigger another fall towards...
The AUD/USD pair had a volatile session on Friday, forming something a can to a shooting star, but I think that the 0.75 level is going to be massively supportive. If we break down below it, we...
The Australian dollar had a negative session on Thursday, reaching towards the 0.75 level. This is an area where I suspect we will see quite a bit of support, so a supportive candle is reason enough to...
