The AUD/USD pair initially fell during the course of the day on Tuesday, but found the 0.90 level to be supportive enough to bounce significantly. With that, we crashed into the 0.91 handle for resistance, and look...
AUDUSD broke above the upper line of the price channel on 4-hour chart, indicating that the downtrend from 0.9401 had completed at 0.8983 already. Range trading between 0.8983 and 0.9150 would likely be seen in a couple...
AUDUSD has been on a strong downtrend since the start of the month but may be due for a quick correction after gapping down early this trading week. Price dipped below the .9000 major psychological level and...
The AUD/USD pair went back and forth during the course of the day on Monday, showing the 0.90 level to be supportive though, which of course is very important as far as we can see. The fact...
AUDUSD remains in downtrend from 0.9401, the rise from 0.8983 is likely consolidation of the downtrend. Near term resistance is located at the upper line of the price channel on 4-hour chart, as long as the trend...
AUDUSD continued its downward movement from 0.9401, and the fall extended to as low as 0,.8998. Further decline could be expected after a minor consolidation, and next target would be at 0.8800 area. Resistance levels are at...
AUDUSD broke below 0.9202 support, indicating that the uptrend from 0.8660 had completed at 0.9504 already. Further decline could be expected over the next several weeks, and next target would be at 0.8500 area. Resistance is at...
The AUD/USD pair fell hard during the session on Friday, slamming into the 0.90 region. That area should be massively supportive, and as a result we think that it’s only a matter of time before we get...
The AUD/USD pair broke higher during the course of the day on Thursday, but found the 0.92 level to be far too resistive in order to go higher. That being the case, we ended up turning back...
AUDUSD’s downward movement from 0.9401 extended to as low as 0.9059. Further decline could be expected after a minor consolidation, and next target would be at 0.8900 area. Resistance is at 0.9155, as long as this level...