After breaking below support at the .8700 major psychological level and dipping to the .8550 mark, AUDUSD has pulled up to the area of interest and may be due to resume its drop soon. The 38.2% Fibonacci...
The AUD/USD pair fell during the course of the day on Monday, testing the 0.86 level. This market looks like it’s ready to go lower as we have turned back around in the vicinity of what looks...
AUDUSD’s downward movement from 0.8910 had completed at 0.8540 already. Range trading between 0.8540 and 0.8750 would likely be seen over the next several days. Resistance is at 0.8750, as long as this level holds, the downtrend...
AUDUSD has recently broken below the .8700 major psychological support zone and dipped to the .8550 area before making a pullback. This correction might last until the broken support area and the Fibonacci retracement levels on the...
AUDUSD broke above the downward trend line on 4-hour chart, indicating that the downtrend from 0.8910 had completed at 0.8540 already. Further rise would likely be seen, and the target would be at 1.8750 area. Support is...
After consolidation, AUDUSD continued its downward movement from 0.9504, and the fall extended to as low as 0.8540. Further decline could be expected over the next several weeks, and next target would be at 0.8000 area. Resistance...
The AUD/USD pair fell during the course of the session here on Friday, but continues to offer a “one-way trade. With that being the case, we feel that eventually the market will head to the 0.80 handle,...
The AUD/USD pair broke lower during the session on Thursday, testing the lows of the Wednesday candle. This is a market that looks like it’s ready to go down to the 0.85 handle given enough time, and...
AUDUSD broke below 0.8642 support, indicating that the downtrend from 0.9401 (Sept 5 high) has resumed. Further decline could be expected over the next several days, and next target would be at 0.8400 area. Near term resistance...
The AUD/USD pair went higher during the course of the session on Tuesday, as we continue to find support in this general area of the 0.87 level. That being the case, we feel that the market will...
