No changed in our view, AUDUSD remains in downtrend from 0.8294, the rise from 0.7625 could be treated as consolidation of the downtrend. Range trading between 0.7625 and 0.7950 would likely be seen over the next several...
The AUD/USD pair tried to break out to the upside on Friday, but then turned back around at roughly 0.79 to form a bit of a shooting star. That being the case it looks like we’re ready...
AUDUSD stays below the downward trend line on daily chart, and remains in downtrend from 0.9504 (Jul 1, 2014 high), and the rise from 0.7625 is likely consolidation of the downtrend. Resistance is located as the trend...
The AUD/USD pair did very little during the session on Thursday, as it appears the market is ready to continue to fall from here given enough time. That being the case, we break below the bottom of...
AUDUSD remains in downtrend from 0.8294, the rise from 0.7625 could be treated as consolidation of the downtrend. Range trading between 0.7625 and 0.7950 would likely be seen over the next several days. Resistance is at 0.7950,...
The AUD/USD pair broke higher during the course of the session on Tuesday, but as you can see broke above the 0.78 level which of course is a small barrier. However, there is so much resistance above...
Yesterday’s surge in risk appetite drew Aussie bulls back and triggered a sharp correction for AUDUSD. Price is testing the falling trend line on its 1-hour time frame, which lines up with an area of interest and...
AUDUSD stays below the downward trend line on 4-hour chart, and remains in downtrend from 0.8294. As long as the trend line resistance holds, the rise from 0.7625 could be treated as consolidation of the downtrend, and...
AUDUSD remains in downtrend from 0.8294, the rise from 0.7719 is likely consolidation of the downtrend. Resistance is located at the downward trend line on 4-hour chart, as long as the trend line resistance holds, the downtrend...
AUDUSD stays below the downward trend line on 4-hour chart, and remains in downtrend from 0.8294. As long as the trend line resistance holds, the downtrend could be expected to continue, and next target would be at...
