The AUD/USD pair rallied slightly during the course of the day on Friday, and as a result we believe that the volatility continues. Quite frankly though, we are very bearish on this pair, and we are waiting...
The AUD/USD pair fell during the course of the day on Thursday, but found enough support near the 0.73 level to turn things back around and form a bit of a hammer. Because of this, it looks...
The AUD/USD pair broke higher during the course of the session on Wednesday, bouncing off of extreme lows near the 0.7250 level. However, we have plenty of resistance above and as a result we feel it’s only...
The AUD/USD pair initially tried to rally during the course of the session on Tuesday, but fell back down to break below the 0.73 handle. With this, the market looks as if it is ready to test...
The AUD/USD pair fell during the course of the session on Monday, but found enough support near the 0.7350 level to turn things back around and bounce. Because of this, we ended up forming a hammer so...
AUDUSD could be in for a long-term reversal from the recent downtrend, as an inverse head and shoulders pattern can be seen on its 4-hour time frame. Price is on its way to test the neckline around...
AUDUSD remains in downtrend from 0.8162, the rise from 0.7233 is likely consolidation of the downtrend. Near term resistance is located at the top of the price channel on daily chart. As long as the channel resistance...
The AUD/USD pair initially pulled back during the course of the session on Friday but then shot higher towards the 0.74 handle. By forming this hammer, and looks as if the market is ready to continue going...
The AUD/USD pair went back and forth during the course of the day on Wednesday, essentially settling nothing. However, it appears that the market is not willing to put a lot of faith into the Australian dollar,...
AUDUSD recently surged past the .7350 minor psychological resistance, which has served as a barrier towards the end of last month. Price topped out around .7420 and is showing signs of a pullback to the broken resistance....
