The AUD/USD pair fell slightly during the course of the session here on Friday, as we continue to see quite a bit of negative pressure. With this being the case, we believe that rallies will continue to...
The Australian dollar initially tried to rally during the day on Wednesday, but turned around back around to form a bit of a shooting star. It looks as if we are trying to bring ourselves lower, but...
The AUD/USD pair fell initially during the course of the day on Tuesday, but found enough support to turn things back around and form a hammer. The hammer of course is a bullish sign, so we can...
The AUD/USD pair went back and forth on Monday, as we continue to struggle with the 0.73 level. Any rally at this point in time should have to deal with quite a bit of resistance, going all...
AUDUSD continued its downward movement from 0.7834, and the fall extended to as low as 0.7175. Further decline could be expected after a minor consolidation, and next target would be at 0.7000 area. Resistance is at 0.7380,...
The AUD/USD pair went back and forth during the day on Friday, as we had formed a supportive looking hammer on Thursday. Because of this, it’s very likely that the markets will find an opportunity to go...
The AUD/USD pair initially fell during the course of the day on Thursday but found enough support below the 0.72 level to turn things around and form a hammer. The hammer of course is a very positive...
The AUD/USD pair initially fell during the course of the session on Wednesday but turned around to form a hammer. It is preceded by a shooting star on Tuesday though, and as a result it looks as...
The AUD/USD pair rose during the day on Tuesday, reaching back above the 0.73 handle again. However, we have the 200 day exponential moving average just above, as it was resistance previously. Because of this, we are...
The AUD/USD pair tried to rally during the day on Monday, and did manage to get above the 0.73 level, but could not hang onto the gains in the end. It looks as if there is a...
