The AUD/USD pair fell slightly during the course of the session on Wednesday, as we continue to consolidate just above the 0.70 level. With this, it’s very likely that the market could bounce from here, but we...
The AUD/USD pair initially tried to rally during the day on Tuesday, but then turned back around to fall towards the 0.70 handle. That area is a large, round, psychologically significant number of course, and could cause...
AUDUSD has broken below its mid-range area of interest and is now aiming for the bottom around the .6950 minor psychological level. A test of this support could yield either a bounce or a break, with technical...
AUDUSD stayed in the trading range between 0.6907 and 0.7439. The price action in the range is likely consolidation of the downtrend from 0.9504 (Jul 1, 2014 high), another fall towards 0.6500 could be expected after consolidation....
The AUD/USD pair initially tried to rally during the course the day on Friday but then turned around rapidly and broke apart. This was mainly because the gold markets struggled, collapsing after the better than anticipated jobs...
The Australian dollar went back and forth during the course of the session on Thursday, as we essentially are sitting on the sidelines waiting for the Nonfarm Payroll numbers to be announced. With this, we see quite...
The AUD/USD pair broke down during the course of the day on Wednesday, testing the bottom of the hammer from the Tuesday session. Because of this, the Aussie looks like it could continue to go lower, but...
The AUD/USD pair initially fell during the day on Tuesday, testing the 0.7150 level. The market found enough buyers there to turn things back around and form a bit of a hammer though, so it looks as...
The AUD/USD pair went back and forth during the course of the session on Monday, essentially doing nothing. This of course has a lot to do with the Rate Statement coming out of Australia today, which the market...
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...
