The AUD/USD pair initially went higher during the course of the day on Tuesday, but ended up falling in forming a relatively negative candle as we pressed against the 0.93 level. We think that the market will...
AUDUSD failed to break above 0.9373 resistance, and pulled back from 0.9343, indicating that the uptrend from 0.9238 had completed. Further decline would likely be seen, and next target would be at 0.9250 area. Resistance is at...
The AUD/USD pair as you can see went back and forth during the course of the day on Monday, continuing to show the 0.93 level is an area where the buyers could step back into the marketplace....
AUDUSD continued its upward movement from 0.9238, and the rise extended to as high as 0.9340. Further rise to test 0.9373 resistance is still possible, as long as this level holds, the rise could be treated as...
AUDUSD’s rise from 0.9238 extended to as high as 0.9334. Further rise to test 0.9373 resistance is possible, as long as this level holds, the price action from 0.9275 could be treated as consolidation of the downtrend...
AUDUSD is testing 0.9202 support, a breakdown below this level will signal completion of the uptrend from 0.8660, then further following downward movement could bring price to 0.8000 area. On the upside, as long as 0.9202 support...
The AUD/USD pair fell initially during the session on Friday, but as you can see found a little bit of support at the 0.93 handle, thereby forming a hammer. We believe that the market is trying to...
AUD/USD initially fell during the course of the day on Thursday, but found enough support just below the 0.93 level to turn things back around and form a bit of a hammer. If we can break the...
AUDUSD remains in downtrend from 0.9470, the price action from 0.9275 could be treated as consolidation of the downtrend. Key resistance is at 0.9373, as long as this level holds, the downtrend could be expected to resume,...
The AUD/USD pair rose during the course of the day on Wednesday, breaking the top of several hammers. With that, the market tested the 0.93 level, where found a bit of resistance. We believe that the market...
