The AUD/USD pair initially fell during the day on Thursday, but turned back around to form a rather positive looking candle. With this, we believe that the market should continue to go higher, but there is a...
The AUD/USD pair initially tried to rally during the course of the day on Wednesday, but found enough resistance above to turn things back around and form a nice-looking shooting star. Because of this, we believe that...
The AUD/USD pair initially tried to rally during the day on Monday, but as you can see turned back around and fell rather significantly. In fact, we tested the 0.77 level, and as a result it looks...
AUDUSD moved sideways in a trading range between 0.7532 and 0.7938. As long as 0.7938 resistance holds, the sideways movement could be treated as consolidation of the downtrend from 0.9504 (Jul 1, 2014 high), another fall to...
The AUD/USD pair initially tried to rally during the course of the session on Friday, but found enough resistance above the 0.78 level to turn things back around and form a shooting star. The shooting star of...
The AUD/USD pair initially fell during the session on Thursday, but found enough support below to turn things back around and form a reasonably positive candle. We believe that the market is now going to try to...
The AUD/USD pair broke higher during the course of the session on Wednesday, testing the 0.77 handle again. The market couldn’t get above there, but it does look very strong as we closed towards the top of...
The Aussie dollar fell initially during the course of the session on Tuesday, testing the 0.7550 handle. We turned back around to form a hammer, and a break above there would of course have this market looking...
The AUD/USD pair went back and forth on Monday, testing the 0.75 level for support. The market has been supported in this area before, and with this it would be a bearish sign if we could break...
AUDUSD’s bounce from 0.7532 extended to as high as 0.7738. As long as 0.7750 resistance holds, the bounce could be treated as consolidation of the downtrend from 0.7938, another fall to 0.7400 area could be expected after...
