AUDUSD stays below the downward trend line on daily chart, and remains in downtrend from 0.9504 (Jul 1, 2014 high). As long as the trend line resistance holds, the rise from 0.7625 could be treated as consolidation...
The AUD/USD pair broke higher during the course of the session on Friday, as the market continues to bounce around the 0.78 handle. Ultimately, we see a significant amount of resistance above, especially at the 0.80 handle,...
The AUD/USD pair went back and forth during the session on Thursday as we continue to hang about the 0.78 handle. Ultimately, we believe that this pair isn’t going to go above the 0.80 handle, so having...
AUDUSD stayed in the trading range between 0.7625 and 0.7875. As long as 0.7875 resistance holds, the price action in the range could be treated as consolidation of the downtrend from 0.8294 (Jan 15 high), another fall...
AUDUSD is testing 0.7875 resistance. As long as this level holds, the price action in the trading range between 0.7625 and 0.7875 could be treated as consolidation of the downtrend from 0.8294 (Jan 15 high), another fall...
The AUD/USD pair rose during the course of the session on Tuesday, but still remains within the consolidation area that it has been in for some time. Because of this, we feel that this market is still...
AUDUSD is facing 0.7875 resistance, a break of this level will indicate that lengthier consolidation of the downtrend from 0.8294 (Jan 15 high) is underway, then further rise to 0.8000 area could be seen. However, as long...
The AUD/USD pair fell slightly during the session on Monday, as we continue to hang about the 0.7750 region. Nonetheless, the market looks as if it still has plenty of downward pressure in it, so we are...
AUDUSD continued its sideways movement in a range between 0.7625 and 0.7875. As long as 0.7875 resistance holds, the price action in the range could be treated as consolidation of the downtrend from 0.8294 (Jan 15 high),...
AUDUSD moved sideways in a trading range between 0.7625 and 0.7875. Near term resistance is at 0.7875, as long as this level holds, the price action in the range could be treated as consolidation of the downtrend...
