AUDUSD remains in downtrend from 0.9470, the rise from 0.9275 could be treated as consolidation of the downtrend. Further decline to test 0.9202 (May 2 low) could be expected after consolidation. Resistance is at 0.9373, only break...
AUD/USD recently broke below the short-term support area on a smaller range and may be poised to test the bottom of the larger range visible on the 4-hour forex time frame. Price has traded below the .9350...
AUDUSD remains in downtrend from 0.9470, the price action in the range between 0.9275 and 0.9342 is likely consolidation of the downtrend. Resistance at 0.9342, as long as this level holds, the downtrend could be expected to...
The AUD/USD pair initially tried to rally during the day on Tuesday, but failed and turned back around and form a slightly negative candle. However, we are sitting on top of the 0.93 handle, and as a...
The AUD/USD pair initially fell during the day on Monday, but as you can see found enough support to turn things back around and form a hammer. This hammer tells us that the market wants to go...
No changed in our view, AUDUSD remains in downtrend from 0.9470, the rise from 0.9275 could be treated as consolidation of the downtrend. Resistance is at 0.9340, as long as this level holds, the downtrend could be...
AUDUSD remains in downtrend from 0.9470, the rise from 0.9275 is likely consolidation of the downtrend. Further decline could be expected, and next target would be at 0.9250 area. Resistance is at 0.9340, only break above this...
AUDUSD continued its sideways movement in a range between 0.9202 and 0.9504. As long as 0.9202 key support holds, the uptrend from 0.8660 could be expected to resume, and next target would be at 1.0000. On the...
The AUD/USD pair went back and forth during the day on Friday, essentially hugging the 0.93 handle. That being the case, the market looks as if it is finding support in this area, but ultimately will break...
The AUD/USD pair fell during the course of the day on Thursday, as we managed to break down through the last signs of support. Now that we have done that, we believe that rallies will continue to...
