AUDUSD is in downtrend from 0.7755. Further decline could be expected in a couple of days, and next target would be at 0.7250 area. Resistance is located at the downward trend line on 4-hour chart, only a...
The Australian dollar initially tried to rally during the course of the day on Friday, but turned right back around to form a very negative looking candle. We informed three shooting stars in a row on the...
AUDUSD was moving inside an ascending channel on its 4-hour time frame before price made a break below support to indicate that the uptrend is over. A long red candle closed below the .7600 major psychological support,...
AUDUSD is facing the support of the upward trend line on daily chart. As long as the trend line support holds, the uptrend from 0.7144 could be expected to continue, and next target would be at 0.8000...
The AUD/USD pair initially tried to rally during the course of the session on Thursday, but failed and ended up turning around and forming a shooting star. This being the case, the market is very likely to...
The AUD/USD pair went back and forth during the course of the session here on Wednesday, as we continue to try to build up enough momentum to make a significant move. At this point in time though,...
AUDUSD has been trending lower on its 1-hour time frame, moving inside a descending channel formation. Price is trading around the middle, though, still deciding whether to test the resistance at .7625 or support at .7550. The...
The AUD/USD pair initially tried to rally but we turn right back around to form a shooting star. The shooting star of course is a negative sign. A break down below the bottom of the shooting star...
The AUD/USD pair went back and forth during the course of the session on Monday, but eventually ended up forming a positive candle. With that being the case, the market looks as if it is trying to...
The AUD/USD pair broke down during the course of the session on Friday, finding the market reaching for the 0.76 level. However, I think there is more than enough support below that sooner or later we will...
