The AUD/USD pair went back and forth during the course of the session on Monday, showing the 0.9350 level to be supportive again. This area is the site of the recent breakout, so it’s not a big...
AUDUSD broke below the lower line of the price channel on 4-hour chart, and is now facing 0.9349 support, a breakdown below this level will indicate that the uptrend from 0.9229 had completed at 0.9437 already, then...
AUDUSD remains in uptrend from 0.9229, the fall from 0.9437 is likely consolidation of the uptrend. Near term support is located at the bottom of the price channel on 4-hour chart, as long as the channel support...
AUDUSD is facing 0.9461 resistance, a break above this level will signal resumption of the uptrend from 0.8660, then next target would be at 0.9550 – 0.9600 area, followed by 1.0000. Key support is at 0.9202, only...
The AUD/USD pair fell during the bulk of the session on Friday, but found enough support below to turn things back around and form a hammer. This hammer suggests that the market wants to break higher and...
The AUD/USD pair broke above the 0.94 level during the session on Thursday, after initially falling. This is a very positive turn of events, and we believe that the Australian dollar will continue to gain. In fact,...
AUDUSD stays in a upward price channel on 4-hour chart, and remains in uptrend from 0.9229. Support is located at the bottom of the channel, as long as the channel support holds, the uptrend could be expected...
AUDUSD stays in a upward price channel on 4-hour chart, and remains in uptrend from 0.9229. Support is located at the bottom of the channel, as long as the channel support holds, the uptrend could be expected...
AUD/USD is finding resistance at the top of its range, visible on the 4-hour forex time frame. At the same time, stochastic is moving down, which means that there’s enough selling pressure to push price down. A...
The AUD/USD pair tried to rally during the course of the session on Wednesday, but found far too much in the way of resistance at the 0.94 level area, pulling back and forming a shooting star. The...
