The AUD/USD pair broke higher during the course of the session on Friday, going all the way to the 0.77 handle. This was basically in reaction to the less than anticipated addition of jobs in the United...
The AUD/USD pair went back and forth during the day on Thursday, but ultimately formed a nice-looking hammer. This hammer should be a nice buying opportunity if we break to the upside, as it should be a...
AUDUSD broke below 0.7560 support, indicating that the long term downtrend from 0.9504 (Jul 1, 2014 high) has resumed. Further decline could be expected after a minor consolidation, and next target would be at 0.7400 area. Resistance...
The AUD/USD pair fell during the course of the session on Wednesday, testing the 0.76 handle. With that, we feel that the market will continue to go much lower. If we can break down below this handle,...
AUDUSD is testing 0.7560 support, a breakdown below this level will signal resumption of the long term downtrend from 0.9504 (Jul 1, 2014 high), then the following downward movement could bring price to 0.7000 area. Resistance is...
The AUD/USD pair went back and forth during the session on Tuesday, testing the 0.76 level. However, this is a market that looks like it wants to break down, and given enough time we believe it will....
AUDUSD is facing 0.7560 support, a breakdown below this level will indicate that the long term downtrend from 0.9504 (Jul 1, 2014 high) has resumed, then the following downward movement could bring price to 0.7000 area. Resistance...
The AUD/USD pair fell during the course of the day on Monday, and as you can see broke down below the 0.77 handle. We recognize that there is a lot of noise just below, so even though...
AUDUSD’s downward movement from 0.7938 extended to as low as 0.7632. Further decline to test 0.7560 support would likely be seen, a breakdown below this level could signal resumption of the long term downtrend from 0.9504 (Jul...
The AUD/USD pair broke down during the course of the session on Friday, clearing the bottom of the shooting star that had formed on Thursday. Because of this, it looks like the markets ready to head to...
