AUDUSD continued its downward movement from 0.7524 and the fall extended to as low as 0.7222. Resistance levels are at 0.7280 and 0.7360, as long as these levels hold, the downtrend could be expected to continue, and...
The AUD/USD pair initially trying to break back above the 0.73 level, but at this point it’s likely that the market will continue to drop from here. After all, we couldn’t hang onto the gains, so with...
AUDUSD broke below 0.7310 support, indicating that the downtrend from 0.7778 has resumed. Further decline could be expected after a minor consolidation, and next target would be at 0.7200 area. Resistance is at 0.7380, only break above...
The AUD/USD pair broke down on Friday, making a fresh, new low. The 0.73 level is broken, and as a result it looks like we are going to continue to go lower. Any short-term rally at this...
AUDUSD broke below 0.7310 support and continued its downward movement from 0.7778. Further decline could be expected over the next several weeks, and next target would be at 0.6900 area. Resistance is now at 0.7524, only break...
The AUD/USD pair fell during the day on Thursday, reaching towards the 0.73 level below. That is an area of that is massively supportive, but I think we will break down below there given enough time. Anytime...
AUDUSD continued its downward movement from 0.7524 and the fall extended to as low as 0.7337. Further decline to test 0.7310 support is possible, a break below this level will signal resumption of the longer term downtrend...
The Australian dollar went back and forth during the day on Wednesday, breaking above the 0.75 level. At this point, a rally will continue to face a little bit of trouble above, but more importantly you have...
AUDUSD broke down from its wedge formation after the FOMC statement but signs of a correction are materializing. Applying the Fib tool on the breakdown move shows that the 50% level lines up with the broken wedge...
AUDUSD’s upward movement from 0.7310 had completed at 0.7524 already. The pair is now in downtrend, further decline to test 0.7310 support could be seen in a couple of days, a break below this level will signal...
