AUDUSD stays in the trading range between 0.6907 and 0.7439. Resistance is at 0.7439, as long as this level holds, the price action in the range could be treated as consolidation of the downtrend from 0.9504 (Jul...
The AUD/USD pair broke higher during the course of the session on Friday, as we certainly can towards the 0.7250 level. That being the case, the market should continue to go higher but we recognize that there...
The AUD/USD pair rose slightly during the course of the day on Thursday, as we continue to see buying pressure underneath. However, we also continue to see quite a bit of resistance just above the 0.72 handle,...
The Australian dollar initially tried to rally during the day on Wednesday but found enough resistance above yet again to turn things around. With this being the case, the market looks as if it is going to...
AUDUSD has been trending lower on its 1-hour forex chart, moving inside a descending channel connecting the highs and lows of price action since last month. Price is currently testing the resistance at the .7100 major psychological...
The AUD/USD pair broke higher during the course of the session on Tuesday, but ultimately is still simply consolidating overall. The 0.7150 level above has offered resistance recently, and as a result we believe that it is...
The AUD/USD pair fell a bit during the course of the session on Monday, as we continue to see weakness in the Australian dollar overall. Keep in mind that the US dollar is without a doubt the...
AUDUSD continued its sideways movement in a 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 fall...
The AUD/USD pair went back and forth during the course of the session on Friday, showing quite a bit of volatility as usual. The 0.71 level below is supportive, but we also see quite a bit of...
The AUD/USD pair initially fell on Thursday but found enough support to turn things back around and form a bit of a hammer. This suggests that the market is going to continue going higher, and if it...
