AUDUSD remains in uptrend from 0.8660, the price action from 0.9461 is likely consolidation of the uptrend. Key support is at 0.9202, as long as this level holds, the uptrend could be expected to resume, and further...
The AUD/USD pair tried to rally during the session on Friday, but as you can see really can go anywhere in the end. The market looks like it’s very resistive just above, so it is not until...
The AUD/USD pair went back and forth on the session for Wednesday, ultimately settling for a basically unchanged session. The candle looks a bit like a hammer, and probably means roughly the same thing considering that we...
AUDUSD remains in downtrend from 0.9504, the rise from 0.9328 would possibly be correction of the downtrend. Key resistance is at 0.9504, as long as this level holds, the downtrend could be expected to resume, and another...
The AUD/USD pair broke higher during the day on Tuesday, clearing the top of the Monday hammer. We suggested that this market would go higher, and it did exactly that. However, we have a significant amount of...
AUDUSD’s bounce from 0.9328 extended to as high as 0.9415. Resistance is at 0.9430, as long as this level holds, the bounce could be treated as correction of the downtrend from 0.9504, another fall to 0.9250 area...
The AUD/USD pair initially fell during the session on Monday, but found enough support below in order to turn things back around and form a hammer. The hammer of course suggests that the market is going to...
AUDUSD remains in downtrend from 0.9504, the rise from 0.9328 is likely consolidation of the downtrend. Another fall could be expected after consolidation, and next target would be at 0.9250 area. Resistance is at 0.9430, only break...
AUDUSD remains in downtrend from 0.9504, and the fall extended to as low as 0.9328. Further decline could be expected and next target would be at 0.9250 area. Resistance is at 0.9420, only break above this level...
After breaking above 0.9461 resistance, AUDUSD pulled back from 0.9504, indicating that lengthier consolidation of the uptrend from 0.8660 is underway. Deeper decline to test 0.9202 support would likely be seen next week, as long as this...
