The AUD/USD pair initially tried to rally during the course of the day on Tuesday, but found the markets disagreeable. With that, we have broken down below the bottom of the hammer from the Monday session, and...
AUDUSD remains in downtrend from 0.9401, and the fall extended to as low as 0.8831. Near term resistance is at the downward trend line on 4-hour chart, as long as the trend line resistance holds, the downtrend...
The AUD/USD pair fell during the course of the day on Monday, breaking below the 0.89 handle. We believe that this market will grind to the 0.88 level, but it might take a little bit of volatility...
AUDUSD continued its downward movement from 0.9401, and the fall extended to as low as 0.8852. Resistance is located at the downward trend line on 4-hour chart. As long as the trend line resistance holds, the downtrend...
AUDUSD’s downward movement from 0.9401 extended to as low as 0.8920. Further decline could be expected after a minor consolidation, and next target would be at 0.8700 area. Near term resistance is at the downward trend line...
AUDUSD’s downward movement from 0.9504 extended to as low as 0.8913. Further decline could be expected over the next several weeks, and next target would be at 0.8500 area. Resistance is at 0.9120, as long as this...
The AUD/USD pair fell during the course of the day on Friday, but remains just above the 0.89 handle. That is the last vestiges of support as far as we can see, and if we can break...
The AUD/USD pair fell initially during the day on Thursday, but you can see found enough support below to turn things back around and form a hammer. This hammer sits just below the 0.90 handle, and if...
AUDUSD stays below the downward trend line on 4-hour chart and remains in downtrend from 0.9401, the rise from 0.8927 is likely consolidation of the downtrend. As long as the trend line resistance holds, the downtrend could...
AUDUSD continued its downward movement from 0.9401 and the fall extended to as low as 0.8938. Further decline could be expected and next target would be at 0.8700 area. Near term resistance is at the downward trend...
