The AUD/USD pair fell during the course of the session on Wednesday, but found the 0.92 level to be supportive enough to keep the market afloat. Because of this, we think that the market may decide to...
AUDUSD stays in a narrow range between 0.9208 and 0.9277. As long as 0.9277 resistance holds, the price action in the range could be treated as consolidation of the downtrend from 0.9408, further decline to 0.9000 area...
The AUD/USD pair went back and forth during the session on Tuesday, bouncing off of the 0.9250 level yet again. This is an area that has been extraordinarily supportive, and as a result it doesn’t surprise us...
AUDUSD continued its sideways movement in a narrow range between 0.9208 and 0.9277. The price action in the range is likely consolidation of the downtrend from 0.9408, as long as 0.9277 resistance holds, the downtrend could be...
The AUD/USD pair did almost nothing during the session on Monday, as we remain just below the 0.9250 level. With that, we feel that the market should continue to go sideways, and the session on Monday was...
AUDUSD moved sideways in a narrow range between 0.9208 and 0.9273. As long as 0.9273 resistance holds, the price action in the range could be treated as consolidation of the downtrend from 0.9408, another fall is still...
AUDUSD is facing 0.9202 support, a breakdown below this level will signal resumption of the downtrend from 0.9461 (Apr 10 high), then the following downward movement could bring price to 0.8900 area. Resistance is at 0.9273, only...
AUDUSD is facing 0.9202 support, a breakdown below this level will signal completion of the uptrend from 0.8660, then the following downward movement could bring price back to 0.8500 area. On the upside, as long as 0.9202...
The AUD/USD pair rose during the course of the session on Friday, testing the 0.9250 level. That area caused enough resistance to form a shooting star though, and as a result for the 2nd day in a...
The AUD/USD pair fell during most of the session on Wednesday, but found enough support closer to the 0.92 handle to turn things back around and form a hammer. This hammer is sitting just that the bottom...
