The AUD/USD pair fell during the course of the session on Friday, as we continue to drift much lower. The Australian dollar of course continues to suffer being a commodity related currency, and of course the US...
The AUD/USD pair broke out to the upside during the session on Thursday, but as you can see is still very much so in a downtrend. Because of this, we feel that simply waiting for a resistive...
AUDUSD broke above 0.7700 resistance, indicating that the downward movement from 0.7912 had completed at 0.7560 already. Further rise could be expected, and the target would be at 0.7850 area. Support is at 0.7560, only break below...
AUDUSD has recently made a strong drop below a key support level near the .7750 minor psychological mark. After that, price reached the .7750 minor psychological handle before making a retracement. Price is waiting at the 38.2%...
The AUD/USD pair tried to break out during the session on Wednesday, but found the area above the 0.76 level to be far too resistive. Because of this, the market ended up forming a shooting star looks...
AUDUSD’s downward movement from 0.7912 extended to as low as 0.7560. Further decline could be expected, and next target would be at 0.7400 area. Resistance is at 0.7700, only break above this level could signal completion of...
The AUD/USD pair initially broke higher during the course of the session on Tuesday, but found enough resistance above the 0.7650 level to turn things back around and form a shooting star. That shooting star of course...
AUDUSD remains in downtrend from 0.7912, and the fall extended to as low as 0.7592. Further decline could be expected after a minor consolidation, and next target would be at 0.7400 area. Resistance is now at 0.7700,...
The AUD/USD pair tried to rally during the course of the session on Monday, but you back most of the gains in ended up forming a shooting star. The shooting star at the bottom of a downtrend...
AUDUSD continued its downward movement from 0.7912, and the fall extended to as low as 0.7656. Further decline to test 0.7625 support could be expected, a breakdown below this level will indicate that the longer term downtrend...
