AUDUSD has been moving in a steady uptrend, trading above an ascending trend line connecting the latest lows of price action. Price recently made a swing high near the .7350 minor psychological level before showing signs of...
The AUD/USD pair broke higher during the day on Tuesday, clearing the 0.73 level. This is a market that seems it’s ready to continue going higher, but we need to break above the 0.74 level before we...
The AUD/USD pair rose during the day on Monday, but struggled to make any real gains. Ultimately, this is probably because there is an interest-rate announcement and more importantly a monetary policy statement coming out of Australia...
AUDUSD continued its sideways movement in a trading range between 0.6907 and 0.7439. As long as 0.7439 resistance holds, the sideways movement could be treated as consolidation of the downtrend from 0.9504 (Jul 1, 2014 high), another...
The AUD/USD pair fell during the course of the day on Friday, reaching below the 0.72 handle. We believe it’s only a matter of time before this market pulls back anyways, as the weekly candle is a...
The AUD/USD pair initially fell during the course of the day on Thursday, but then turned back around to form a bit of a hammer. The 0.72 level of course has offered support, but we think there...
The AUD/USD pair went back and forth during the course of the day on Wednesday, as we struggled a little bit to continue to go higher. With this, the market should continue to struggle in this area...
The AUD/USD pair broke higher during the course of the day on Tuesday, testing the 0.7250 level. If we can break above there, the market could reach towards the 0.7350 level, but at best would be a...
The AUD/USD pair went back and forth during the day here on Monday, as we continue to see interest somewhere near the 0.72 level. However, this is a market that will be beholden to the gold and...
AUDUSD has recently broken above the falling trend line visible on its 1-hour chart, indicating that a reversal is underway. Price is showing signs of pulling back to the broken resistance area and the 61.8% Fib at...
