AUDUSD remains in downtrend from 0.9504 (Jul 1, 2014 high). Further decline could be expected over the next several weeks, and next target would be at 0.7000 area. Key resistance is now at 0.7938, only break above...
The AUD/USD pair fell during the course of the day on Friday, but bounced slightly in order to form a bit of a hammer. Ultimately though, we have no interest in buying this pair and we believe...
The AUD/USD pair tried to rally during the course of the day on Thursday, but turned back around at the 0.77 handle to form a nice-looking shooting star. We believe that this market breaks down below the...
The AUD/USD pair broke higher during the course of the day on Wednesday, testing the 0.77 handle. However, we are most certainly in a negative type of market, so therefore we think that even though the Australian...
The AUD/USD pair broke higher during the course of the day on Tuesday, testing the 0.77 handle. However, we gave back most the gains in order to form a bit of a shooting star, and as a...
No changed in our view, AUDUSD remains in downtrend from 0.7938, the rise from 0.7532 could be treated as consolidation of the downtrend. Resistance is at 0.7750, as long as this level holds, the downtrend could be...
The AUD/USD pair initially tried to rally during the course of the day on Monday, but as you can see struggled to keep any gains in ended up turning back around to form a shooting star the...
AUDUSD remains in downtrend from 0.7938, the rise from 0.7532 coudl be treated as consolidation of the downtrend. Resistance is at 0.7750, as long as this level holds, the downtrend could be expected to continue, and next...
AUDUSD is now in downtrend from 0.7938, the rise from 0.7532 is likely consolidation of the downtrend. Further decline could be expected, and next target would be at 0.7400 area. Resistance is at 0.7700, as long as...
AUDUSD broke below 0.7560 support, indicating that the downtrend from 0.9504 (Jul 1, 2014 high) has resumed. Further decline could be expected, and next target would be at 0.7000 area. Key resistance is now at 0.7938, only...
