The AUD/USD pair broke higher during the course of the day on Wednesday, as we continue to see bullish pressure on the Australian dollar itself. Gold markets had a very good day, so that should transfer into...
The AUD/USD pair broke higher during the day on Tuesday, as we have cleared the 0.74 level. At this point in time, it looks as if the market is ready to go much higher and challenge the...
The Australian dollar initially fell during the day on Monday, but did in doubt turning back around to form a bit of a hammer. By doing so, and more importantly bouncing off of the 0.73 level below,...
AUDUSD remains in downtrend from 0.7834, the rise from 0.7144 is likely correction of the downtrend. Range trading between 0.7144 and 0.7550 would likely be seen over the next several weeks. As long as 0.7550 resistance holds,...
The AUD/USD pair broke out to the upside during the course of the day on Friday, clearing the 0.73 level. In fact, we got fairly close to the 0.74 level, and a move above there would be...
The AUD/USD pair initially fell during the course of the day on Thursday, but turned around to form a little bit of a hammer. That of course is a sign of support, but we have a significant...
The AUD/USD pair initially went much higher during the course of the day on Wednesday, reaching all the way to the 0.73 handle. This was predicated mainly upon a better than anticipated GDP number coming out of...
The NZD/USD pair broke higher during the day on Tuesday, clearing the top of the hammer that formed on Monday. While this is normally a very bullish sign, there is a significant amount of resistance above at...
The AUD/USD pair initially fell during the course of the day on Monday, but turned back around to form a hammer. The hammer of course is very supportive, but there is quite a bit of noise just...
AUDUSD’s downward movement from 0.7834 extended to as low as 0.7144. Further decline is still possible after a minor consolidation, and next target would be at 0.7000 area. Near term resistance is at 0.7300, only break above...
