AUDUSD remains in uptrend from 0.7441, the fall from 0.7710 is likely consolidation of the uptrend. Further rise is possible after consolidation, and next target would be at 0.7900 area. Key support is at 0.7589, only break...
AUDUSD is facing 0.7755 resistance, a break of this level will signal resumption of the uptrend from 0.7144, then next target would be at 0.8000 area. On the downside, as long as 0.7755 resistance holds, another fall...
The AUD/USD pair initially fell on Friday, but turned around to form a hammer like candle. This is a market that continues to bounce around in this general vicinity, and therefore I’m not exactly excited about trading...
The AUD/USD pair had a fairly negative candle during the day as we continue to run into quite a bit of resistance near the 0.77 handle. With this being the case, I feel that the market is...
The AUD/USD pair initially tried to rally during the course of the session, but turned around to form a shooting star. I believe that an area below near the 0.76 level is essentially the “floor” at this...
AUDUSD continued its upward movement from 0.7441 and the rise extended to as high as 0.7710. Further rise to test 0.7731 resistance is possible. Key support is at 0.7602, only break below this level could signal completion...
The AUD/USD pair had a slightly positive session during the day on Tuesday, breaking above the 0.77 level for the briefest of moments. I believe that the market breaking above the top of the range during the...
AUDUSD’s upward movement from 0.7441 extended to as high as 0.7695. Key support is now at 0.7602, as long as this level holds, the uptrend could be expected to continue, and further rise to test 0.7731 resistance...
The AUD/USD pair initially fell during the course of the session on Monday, but then turned around to form a very positive candle. Ultimately, this is a market that has a lot of noise above though, so...
AUDUSD broke below the bottom of the price channel on 4-hour chart, implying that the uptrend from 0.7441 had completed at 0.7674 already. Key support is at 0.7602, a breakdown below this level will confirm the completion...
