The AUD/USD pair fell significantly during the day on Thursday but bounced just above the 0.70 handle. Because of this, it appears that the market is probably going to try to rally from here. Having said that,...
The AUD/USD pair broke down during the course of the day on Wednesday, finally breaking down below the uptrend line that has been holding it up for some time. Because of this, we continue to sell short-term...
The AUD/USD pair fell during the course of the session on Tuesday, but as you can see is testing the uptrend line from the ascending triangle that we have been paying so much attention to. Suddenly put,...
The AUD/USD pair fell during the day on Monday, reaching towards the bottom of the ascending triangle that we have been trading in. With this, we believe that it is only a matter of time before the...
AUDUSD continued its sideways movement in a range between 0.6907 and 0.7439. As long as 0.7439 resistance holds, the price action in the range could be treated as consolidation of the long term downtrend from 0.9504 (Jul...
The AUD/USD pair went back and forth during the day on Thursday, ultimately settling on a slightly negative candle. Ultimately though, we believe that this market will be greatly influenced by the overall ascending triangle pattern, which...
The AUD/USD pair initially tried to rally during the course of the session on Wednesday, but turned back around to form a bit of a shooting star. The shooting star of course is very negative, but we...
The AUD/USD pair broke higher during the course of the session on Tuesday, clearing the top of the hammer that informed on Monday. That being the case it looks as if the market will try to reach...
The AUD/USD pair fell during the day on Monday, as we continue to go back and forth. It looks as if we are a bit exhausted, so the Australian dollar could continue to go little bit lower....
AUDUSD moved sideways in a trading range between 0.6907 and 0.7439 for several months. Another rise to test 0.7439 would likely be seen in a couple of weeks, a break of this level will indicate that the...