Tag: AUDUSD

The AUD/USD pair broke higher during the course of the day on Wednesday, breaking above the 0.72 level. However, we see a significant bit of resistance just above, and as a result we are waiting to see...

The AUD/USD pair initially fell during the course of the session on Tuesday, but turned back around to find a very positive candle at the outcome. We still believe that there is a significant amount of resistance...

The AUD/USD pair broke higher during the course of the session on Monday, as we continue to see a bit of support. However, the market is most certainly in a downtrend overall, and as a result we...

AUDUSD seems to have bottomed out from its recent long-term selloff, as the pair is starting to trade inside a rising channel on its 1-hour chart. Price recently broke above the double bottom neckline as well, setting...

The AUD/USD pair initially fell during the course of the session on Friday, but found enough support at the 0.70 level to turn things back around and form a hammer. That hammer of course is a very...

The AUD/USD pair went back and forth during the course of the day on Wednesday, testing the 0.70 level for support. Ultimately though, this market will probably be fairly quiet during the session today, as the jobs...

The AUD/USD pair initially tried to rally during the course of the day on Tuesday, but struggled above the 0.70 level. Because of this, we did up turning back around and forming a shooting star. The shooting...

AUDUSD might be done from its recent slide, as it formed a double bottom formation on the 1-hour chart and a larger one on the 4-hour time frame. Zooming in to the shorter-term time frame reveals that...

The AUD/USD pair fell during the course of the day on Monday, breaking back below the 0.70 level. Because of this, it looks like we are going to try to go lower, perhaps heading to the 0.69...