The AUD/USD pair rose slightly during the session on Friday, testing the 0.9350 level for support. That being the case, the market looks like it’s ready to bounce from here and head back towards the 0.9450 handle....
The AUD/USD pair fell during the session on Thursday, dropping to the 0.9350 level. That being the case, the market certainly looks like it could fall from here, but there is a significant amount of support down...
AUDUSD’s downward movement from 0.9504 extended to as low as 0.9328. Further decline is still possible, and next target would be at 0.9250 area. Resistance is at 0.9420, only break above this level could signal completion of...
The AUD/USD pair fell significantly during the session on Wednesday, taking back most of the gains from the Tuesday session. This being the case, the market looks as if it’s trying to find support at the site...
AUDUSD broke below the upward trend line on 4-hour chart, indicating that the uptrend from 0.9208 had completed at 0.9504 already. Further decline could be expected, and next target would be at 0.9250 area. Resistance levels are...
The rising channel on AUD/USD’s 1-hour forex chart is still holding and it appears the pair found resistance at the .9500 major psychological level, which lines up with the top of the channel. At the same time,...
The AUD/USD pair did in fact have a strong move during the session on Tuesday, but failed to break above the 0.95 level. Because of this, we are a bit hesitant to go long at this point...
AUDUSD’s upwards movement extended to as high as 0.9504. Support is now located at the rising trend line on 4-hour chart. As long as the trend line support holds, the uptrend could expected to continue, and next...
The AUD/USD pair initially fell during the session on Monday, but found enough support below at the 0.94 level to turn things back around and form a big hammer. The hammer should in fact show that there...
AUDUSD moved sideways in a trading range between 0.9321 and 0.9444. As long as 0.9321 key support holds, the price action in the range could be treated as consolidation of the uptrend from 0.9208, another rise to...
