The AUD/USD pair broke higher initially during the session on Monday, but turned back around to form a bit of a shooting star. The shooting star of course is a very negative sign and the fact that...
AUDUSD remains in downtrend from 0.9504 (Jul 1, 2014 high), the rise from 0.6907 is likely consolidation of the downtrend. Resistance is at 0.7439, as long as this level holds, the downtrend could be expected to resume,...
The AUD/USD pair initially fell during the course of the session on Friday, but found enough support below to turn things back around and form a nice-looking hammer. The hammer of course is very bullish, and as...
The AUD/USD pair fell significantly during the course of the day on Thursday, but found enough support to turn things back around and form a hammer. That hammer of course is a very bullish sign, and as...
The AUD/USD pair initially tried to rally during the course of the day on Wednesday, but found far too much in the way of resistance above to continue the move. Although we finished with a positive candle,...
The AUD/USD pair had a volatile yet negative session on Tuesday, as we continue to see a lot of volatility in this market. However, this market does look as if it is ready to continue going lower,...
The AUD/USD pair broke higher during the course of the day on Monday, as we continue to press the 0.74 handle. However, we are getting a bit overextended at this point in time so unless you are...
AUDUSD failed to break below 0.6907 support and 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 AUD/USD pair broke higher during the course of the session on Friday, as we continue to grind our way towards the 0.7350 level. We are broken above to significant shooting stars now, so at this point...
The AUD/USD pair broke higher during the course of the session on Thursday, testing the top of the shooting star from the Wednesday session. The 0.7250 level above is resistance, so we are waiting to see whether...
