The AUD/USD pair initially tried to rally during the course of the session on Friday, and pulled back from the 0.70 level. Ultimately, the market should continue to go lower though, and as a result we are...
The AUD/USD pair went back and forth during the course of the session on Thursday, testing the 0.70 level. With that being the case, the market looks as if it could rally from here on a bounce,...
The AUD/USD pair fell during the course of the session on Wednesday, testing the 0.70 level for support. We ultimately formed a hammer here, so we feel that a break above the top of the hammer is...
The AUD/USD pair fell significantly during the course of the session on Tuesday, breaking down to a fresh, new low. However, the 0.70 level below is a large, round, psychologically significant number. Because of this, the market...
AUDUSD’s downward movement from 0.8162 extended to as low as 0.7037. Near term resistance is located at the downward trend line on daily chart. As long as the trend line resistance holds, the downtrend could be expected...
The AUD/USD pair initially tried to rally during the course of the day on Tuesday, but found itself struggling yet again. Because of this, we believe that the market is in fact going to try to reach...
AUDUSD stays in the downward price channel on daily chart, and remains in downtrend from 0.8162. As long as the channel resistance holds, the downtrend could be expected to continue, and further decline to 0.6800 area is...
The AUD/USD pair initially broke higher during the course of the session on Wednesday, but found enough resistance near the 0.74 level to turn things back around. With that being the case, the market ended up forming...
The AUD/USD pair broke down a little bit during the session on Tuesday, but quite frankly we have a lot of noise below us. At the end of the day though, we are most certainly in a...
AUDUSD’s downward movement from 0.8162 expected to as low as 0.7214. Resistance is at the top of the price channel on daily chart. As long as the channel resistance holds, the downtrend could be expected to continue,...
