AUDUSD broke above 0.9373 resistance, indicating that the uptrend from 0.9237 has resumed. Further rise could be expected, and next target would be at 0.9450 area. Support is at 0.9315, only break below this level could trigger...
The AUD/USD pair rose during the session on Wednesday, but remains within the consolidation area that we had seen form over the last several weeks. Because of this, we are relatively ambivalent when it comes to this...
AUDUSD is facing 0.9373 resistance, a break of this level will signal resumption of the uptrend from 0.9237, then next target would be at 0.9450 area. Support is at 0.9315, only break below this level could trigger...
The AUD/USD pair fell during the day on Wednesday, but remained supported near the 0.9250 level, just as we had anticipated. Because of this, looks like the market is ready to go sideways overall, and that it’s...
AUDUSD’s downward movement from 0.9373 extended to as low as 0.9263. Further decline to test 0.9237 support is possible, a breakdown below this level will indicate that the uptrend from 0.8660 (Jan 24 low) had completed at...
The AUD/USD pair tried to rally during the day on Monday, but found enough resistance to turn things back around and form a shooting star. The shooting star keeps us in the consolidation area we have been...
AUDUSD broke below the upward trend line on 4-hour chart, indicating that the uptrend from 0.9237 had completed at 0.9373 already. Further decline to test 0.9237 support would likely be seen, a breakdown below this level will...
AUDUSD is facing the support of the upward trend line on 4-hour chart. As long as the trend line support holds, the fall from 0.9373 could be treated as consolidation of the uptrend from 0.9237, another rise...
AUDUSD failed to break below 0.9202 support, and stayed in the trading range between 0.9202 and 0.9504. As long as 0.9202 support holds, the price action in the range could be treated as consolidation of the uptrend...
The AUD/USD pair initially tried to rally during the course of the day on Friday, but found the 0.9350 level to be a bit too resistive. With that being the case, the shooting star that form for...
