AUDUSD is facing the resistance of the downward trend line on 4-hour chart. As long as the trend line resistance holds, the bounce from 0.9238 could be treated as consolidation of the downtrend from 0.9470, another fall...
AUDUSD stays below the downward trend line on 4-hour chart, and remains in downtrend from 0.9470, the rise from 0.9238 could be treated as consolidation of the downtrend. As long as the trend line resistance holds, the...
The AUD/USD pair fell during the course of the day on Monday, but not significantly so. It appears that the market is essentially comfortable in this general vicinity, at the 0.9250 region. We believe that the market...
AUDUSD remains in downtrend from 0.9470, the rise from 0.9238 could be treated as consolidation of the downtrend. Resistance is located at the downward trend line on 4-hour chart. As long as the trend line resistance holds,...
AUDUSD stays below the downward trend line on 4-hour chart, and remains in downtrend from 0.9470. As long as the trend line resistance holds, the downtrend could be expected to continue, and next target would be at...
AUDUSD is facing 0.9202 support, a breakdown below this level will indicate that the uptrend from 0.8660 had completed at 0.9504 already, then the following downward movement could bring price to 0.8000 area. However, as long as...
The AUD/USD pair rose during the course of the day on Friday, bouncing off of the 0.9225 region. However, the market really hasn’t taken off to the upside, so we still think that there is a significant...
The AUD/USD pair fell during the course of the day on Thursday, but as you can see still sits above the 0.92 level, an area that we think is massively supportive. With that, we feel that the...
AUDUSD’s downward movement from 0.9470 extended to as low as 0.9242. Further decline could be expected, and next target would be at 0.9100 area. Resistance is now located at the downward trend line on 4-hour chart, only...
The AUD/USD pair rose during the course of the day on Wednesday, breaking above the 0.9350 handle. This is where we expect to see a bit of resistance though, as it was a previous consolidation area, and...
