AUDUSD remains in downtrend from 0.8795, the rise from 0.8223 is likely consolidation of the downtrend. As long as the trend line resistance holds, the downtrend could be expected to continue, and next target would be at...
The AUD/USD pair bounced during the session on Monday, but quite frankly we feel that any bounce at this point in time is just simply going to be an invitation to start selling again. The market should...
AUDUSD stays below the downward trend line on 4-hour chart, and remains in downtrend from 0.8795. As long as the trend line resistance holds, the downtrend could be expected to continue, and next target would be at...
AUDUSD’s downward movement from 0.8795 extended to as low as 0.8293. Resistance is located at the trend line on 4-hour chart, as long as the trend line resistance holds, the downtrend could be expected to continue, and...
AUDUSD continued its downward movement from 0.9504, and the fall extended to as low as 0.8312. Resistance is now located at the downward trend line on daily chart, as long as the trend line resistance holds, the...
The AUD/USD pair fell during the course of the day on Friday, as the nonfarm payroll numbers came out stronger than anticipated. With that being the case, the market looks like it’s heading down to the 0.80...
The AUD/USD pair went back and forth during the course of the day on Thursday, as we continue to bounce along just below the 0.84 handle. We believe that this market will eventually go lower, probably heading...
AUDUSD’s downward movement from 0.8795 extended to as low as 0.8355. As long as the trend line resistance holds, the downtrend could be expected to continue, and next target would be at 0.8200 area. On the upside,...
The AUD/USD pair tried to rally during the course of the session on Wednesday, showing the slightest possibility of going higher but since we turned back around it tells is really at this point time that the...
AUDUSD continued its downward movement from 0.8795, and the fall extended to as low as 0.8378. Near term resistance is located at the downward trend line on 4-hour chart, as long as the trend line resistance holds,...
