AUDUSD continued its downward movement from 0.9401, and the fall extended to as low as 0.8665. Further decline could be expected, and next target would be at 0.8600 area. Resistance is located at the downward trend line...
The AUD/USD pair rose during the course of the day on Monday, as we bounced a bit off of the 0.87 handle. However, the 0.88 level above should be resistive, so we look at this is a...
AUDUSD remains in downtrend from 0.9401. Further decline could be expected, and next target would be at 0.8600 area. Key resistance is located at the downward trend line on 4-hour chart, only a clear break above the...
AUDUSD’s downward movement from 0.9401 extended to as low as 0.8692. Further decline could be expected after a minor consolidation, and next target would be at 0.8600 area. Key resistance is located at the downward trend line...
AUDUSD continued its downward movement from 0.9401, and the fall extended to as low as 0.8747. Further decline to test 0.8660 support is possible next week. Resistance is at 0.8850, only break above this level will indicate...
The AUD/USD pair initially tried to rally during the course of the day on Friday, but found the 0.88 level as resistance. Because of that, we ended up forming a shooting star which of course is a...
The AUD/USD pair fell during the course of the day on Thursday, breaking below the 0.88 support level. With that, it appears of the market is ready to go much lower, probably heading to the 0.85 level...
AUDUSD remains in downtrend from 0.9401, and the fall extended to as low as 0.8772. Resistance is located at the downward trend line on 4-hour chart, as long as the trend line resistance holds, the downtrend could...
The AUD/USD pair tried to rally a bit during the session on Wednesday, but as you can see only bounce slightly. Quite frankly, this is a market that looks very be down, and we think that rallies...
AUDUSD stays below the downward trend line on 4-hour chart, and remains in downtrend from 0.9401, the rise from 0.8831 is likely consolidation of the downtrend. As long as the trend line resistance holds, the downtrend could...
