The AUD/USD pair broke higher during the course of the session on Tuesday, testing the 0.80 level. That being the case, the market could find quite a bit of selling pressure in this area, and it will...
The AUD/USD pair broke higher during the course of the session on Monday, but remained fairly stagnant overall. With that, the market looks as if there is a significant amount of resistance at the 0.80 level above,...
The AUD/USD pair broke higher during the course of the session on Monday, but remained fairly stagnant overall. With that, the market looks as if there is a significant amount of resistance at the 0.80 level above,...
AUDUSD has been creating lower highs and making higher lows, forming a symmetrical triangle forex chart pattern on its 1-hour time frame. At the moment, the pair is testing the triangle support near the .7900 major psychological...
AUDUSD is now in uptrend from 0.7532, and the rise extended to as high as 0.8075. Further rise could be expected over the next several weeks, and next target would be at 0.8800 area. Support is at...
The AUD/USD pair had a positive session on Friday, but found the area around the 0.80 level to be resistive yet again. Because of this, the market looks as if it is going to test this area...
The AUD/USD pair had a very negative session on Thursday as we continue to see a lot of volatility near the 0.80 handle. Because of this, we are still bearish of the Australian dollar but we recognize...
The AUD/USD pair broke higher and even when above the 0.80 level again during the session on Wednesday, but for the second time upon reaching the level, the sellers came in and took over. With that, we...
The AUD/USD pair initially fell during the course of the session on Tuesday, but found enough support below to turn things back around and form a very positive candle. This was partly due to the Reserve Bank...
The AUD/USD pair initially fell during the course of the session on Monday, but found enough support to turn things back around and go higher. With this, we ended up forming a hammer for the session, and...
