AUDUSD remains in downtrend from 0.8294, the rise from 0.7857 is likely consolidation of the downtrend. Resistance is at 0.8000, as long as this level holds, the downtrend could be expected to continue, and next target would...
AUDUSD remains in downtrend from 0.8294, and the fall extended to as low as 0.7857. Further decline could be expected after a minor consolidation, and next target would be at 0.7600 area. Resistance is at 0.8000, as...
AUDUSD stays below the downward trend line on daily chart, and remains in downtrend from 0.9504 (Jul 1, 2014 high), and the downward movement extended to as low as 0.7880. As long as the trend line resistance...
The AUD/USD pair fell during the course of the session on Friday, but most importantly broke down below the 0.80 handle. That being the case, it appears the market is ready to continue falling, and perhaps head...
The AUD/USD pair tried to rally during the course of the session on Thursday, but could not keep the gains in ended up forming a shooting star. This of course is a very negative sign but we...
AUDUSD broke below 0.8032 support, indicating that the downtrend from 0.8910 (Oct 29, 2014 high) has resumed. Further decline could be expected, and next target would be at 0.7800 area. Resistance levels are at 0.8140 and 0.8294,...
The AUD/USD pair fell hard during the session on Wednesday, testing the bottom of the consolidation region yet again. Because of this, it appears of the market is ready to continue going back and forth, and as...
AUDUSD has been moving sideways on its short-term time frames, as price found support around the .8100 major psychological mark and resistance at the .8250 minor psychological level. The pair is currently testing support for now and...
AUDUSD broke below the support of the upward trend line on 4-hour chart. Further decline to test 0.8032 support could be seen, a breakdown below this level will confirm that the downtrend from 0.8910 (Oct 29, 2014...
The AUD/USD pair tried to rally during the course of the session on Tuesday, but fell back down as we approached the 0.82 level. That being the case, the market ended up turning back around and forming...