AUDUSD remains in uptrend from 0.7557, the fall from 0.7696 is likely consolidation of the uptrend. Further rise would likely be seen over the next several days, and next target would be at 0.7800 area. Support is...
AUDUSD stayed in the narrow range between 0.7441 and 0.7755 for several weeks. Key support is at 0.7441, as long as this level holds, the price action in the range could be treated as consolidation of the...
The AUD/USD pair fell on Friday, but turned around to form a relatively supportive looking candle. Ultimately, I see quite a bit of resistance all the way to the 0.7750 level above, so I think that we...
The Australian dollar initially tried to fall during the course of the day on Thursday, but then turned around to bounce and a positive fashion. There is a significant amount of resistance above and extending all the...
AUDUSD broke above 0.7688 resistance, indicating that the downward movement from 0.7734 had completed at 0.7557 already. Further rise could be expected and next target would be at 0.7800 area. Support is at 0.7600, only break below...
The Australian dollar initially fell during the day on Wednesday, but turned around to form a relatively supportive looking candle. There is a lot of noise above though, so I’m not willing to start buying at this...
AUDUSD is facing 0.7688 resistance, a break of this level will indicate that the downtrend from 0.7734 had completed at 0.7557 already, then the following upward movement could bring price to 0.7800 zone. Support level is at...
AUDUSD is starting to trend lower on its 1-hour time frame, moving inside a descending channel and just bouncing off the resistance at .7650. Price seems to have its sights set back on the bottom of the...
After touching the top of the price channel on 4-hour chart, AUDUSD pulled back from 0.7688, indicating that the pair remains in downtrend from 0.7734. Deeper decline would likely be seen and next target would be at...
The AUD/USD pair broke higher during the day on Monday, clearing the top of the hammer. With this being the case, it looks as if the market should continue to try to grind higher. I do recognize...
