The AUD/USD pair broke down a bit during the course of the session on Monday, testing the 0.75 level. However, there is a significant amount of support just below, reaching down to the 0.74 handle. With this,...
AUDUSD has been trending higher, thanks to the pickup in risk appetite. Price stalled upon hitting resistance near .7600 and is showing signs of a pullback, possibly to the rising trend line visible on the 4-hour chart. ...
AUDUSD is now in uptrend from 0.6826, and the rise extended to as high as 0.7583. Further rise could be expected after a minor consolidation, and next target would be at 0.8000 area. Support is at 0.7300,...
The Australian dollar has broken out. We are clearly above the 0.75 level, as we closed almost all the way to the 0.76 level during the day on Friday. More and poorly, we broke above the top...
The AUD/USD pair initially tried to break above the 0.75 level again, but struggled as we got up there and ended up turning back around. That being the case, we could not continue the move higher, and...
The AUD/USD pair broke higher during the course of the session on Wednesday, breaking above the past couple of shooting stars. Not only that, we have broken above the 0.75 handle, which of course has a certain...
The AUD/USD pair initially fell during the course of the day on Tuesday, testing the 0.74 area. We turned right back around in order to form a slightly positive candle, but we are getting fairly close to...
The AUD/USD pair continued to break higher during the course of the day on Monday, testing the 0.75 level. If we can break above there, we should continue to go much higher, but quite frankly we are...
AUDUSD broke above 0.7439 resistance, indicating that the long term downtrend from 0.9504 (Jul 1, 2014 high) had completed at 0.6826 already. Further rise could be expected, and next target would be at 0.8000 area. Support is...
The AUD/USD pair broke higher during the course of the session on Friday, as we continue to see a massive amount of bullish pressure in the Australian dollar. Gold markets continue to rise, and that of course...
