The AUD/USD pair broke higher during the course of the day on Tuesday as the RBA suggested that perhaps rate hikes could be in the future, at least before any type of rate cut. The Reserve Bank...
During the session today, we will be hearing from the Reserve Bank of Australia. They are expected to do very little as far as the rates are concerned, but the statement will of course be important. Any...
The AUD/USD pair went back and forth during the course of the session on Friday, at one point in time breaking down to a fresh, new low. With that, if we break down below the bottom of...
AUDUSD continued its downward movement from 0.8162, and the fall extended to as low as 0.7233. Further decline could be expected and next target would be at 0.6800 area. Resistance is at 0.7400, as long as this...
AUDUSD is forming a double bottom pattern on its 1-hour chart, signaling a potential reversal from the selloff. Price has failed in its last two attempts to break below the .7250 minor psychological support level and is...
The AUD/USD pair initially fell during the course of the session on Thursday, but found enough support near the 0.7250 level again to cause a bounce and form a hammer. This hammer of course suggests that we...
The AUD/USD pair broke higher during the course of the day on Tuesday, but still has plenty of noise just above, not to mention the fact that we have a ceiling at the 0.75 level at the...
The AUD/USD pair initially tried to rally during the course of the day on Monday, but turned back around somewhere near the 0.7350 handle. By doing so, we ended up forming a shooting star and it does...
The AUD/USD pair fell slightly during the session on Friday, but as you can see bounced a bit in order to form a hammer like candle. This coincides very nicely with the gold markets, as it looks...
AUDUSD’s downward movement from 0.8162 extended to as low as 0.7259. Further decline is still possible, and next target would be at 0.7000 area. Near term resistance is at 0.7500, only break above this level could bring...
