The AUD/USD pair fell initially during the session on Tuesday, but found support below the 0.8150 level in order to turn things back around and form a hammer. The hammer as you can see sits right on...
No changed in our view, AUDUSD is in consolidation of the downtrend from 0.8910 (Oct 29, 2014 high). Range trading between 0.8032 and 0.8300 would likely be seen in a couple of days. As long as 0.8300...
The AUD/USD pair fell during the course of the session as you can see on Monday, but found enough support at the 0.8150 level to hang about. With that, if we can break down below the bottom...
AUDUSD broke past a resistance area on its 1-hour time frame and rallied to a high of .8250 before retreating. Price is now retracing to the 50% Fibonacci level, which lines up with the broken resistance level...
AUDUSD is in consolidation of the downtrend from 0.8910 (Oct 29, 2014 high). Range trading between 0.8032 and 0.8300 would likely be seen in a couple of days. As long as 0.8300 resistance holds, the downtrend could...
AUDUSD broke above 0.8214 resistance, indicating that consolidation of the downtrend from 0.8910 (Oct 29, 2014 high) is underway. Further rally is still possible, and the target would be at 0.8300 area. However, as long as 0.8300...
AUDUSD remains in downtrend from 0.9504 (Jul 1, 2014 high), and the fall extended to as low as 0.8032. Resistance is at the downward trend line on daily chart, as long as the trend line resistance holds,...
The AUD/USD pair initially tried to fall during the session on Friday, but bounced enough to form a nice positive candle. The 0.82 level has offered a little bit of resistance, but at this point in time...
The AUD/USD pair went back and forth during the course of the session on Thursday, as we simply did not go anywhere. We believe that this market is essentially waiting for some type of clarity coming out...
AUDUSD continued its sideways movement in a range between 0.8032 and 0.8214. As long as 0.8214 resistance holds, the price action in the range could be treated as consolidation of the downtrend from 0.8795 (Nov 17, 2014...