The AUD/USD pair fell during the session on Friday as we continue to grind our way lower. Eventually, we feel that this market goes down to the 0.80 handle, which is a massive level in this pair...
The AUD/USD pair fell during the course of the session on Wednesday, pulling back and clearing out some of the bullish pressure that we had seen on Tuesday. With that being the case, look like the Australian...
AUD/USD broke higher during the course of the session on Tuesday, showing bits of support below. We still look at this market as being very negative, but also recognize that we are getting very low as far...
AUDUSD broke above the upper line of the price channel on 4-hour chart, indicating that the downtrend from 0.8795 had completed at 0.8087 already. Further rally would likely be seen over the next several days, and the...
The AUD/USD pair as you can see broke higher during the session on Monday, but turned back around to form a shooting star. With that being the case, it looks as if the Australian dollar is going...
AUDUSD is facing the resistance of the price channel on 4-hour chart. As long as the channel resistance holds, the rise from 0.8087 could be treated as consolidation of the downtrend from 0.8795, another fall to 0.7900...
AUDUSD remains in downtrend from 0.8795, the rise from 0.8087 is likely consolidation of the downtrend. Near term resistance is at the upper line of the price channel on 4-hour chart, as long as the channel resistance...
AUDUSD’s downward movement from 0.9504 extended to as low as 0.8087. Further decline could be expected after a minor consolidation, and next target would be at 0.7500 area. Resistance is located at the downward trend line on...
The AUD/USD pair did almost nothing during the session on Wednesday, as we continue to hang about the 0.81 level. That being the case, if we can rally from here, we think that this market can bring...
The AUD/USD pair fell during the session on Monday, but we remain within the consolidation area that we have been stuck in. With that being said, we believe that ultimately this market will break down and then...
