Being contained by 0.9202 support, AUDUSD rebounded from 0.9208. However, the rise would possibly be consolidation of the downtrend from 0.9408, as long as 0.9300 resistance holds, another fall to re-test 0.9202 support is possible, a breakdown...
AUDUSD is facing 0.9202 support, a breakdown below this level will indicate that the downtrend from 0.9461 has resumed, then the following downward movement could bring price to 0.8500 area. Resistance is now at 0.9300, only break...
The AUD/USD pair broke through in uptrend line during the session on Tuesday. It slammed into the 0.9250 handle, which of course has been supportive as well. This area could be a significant test for the sellers,...
AUD/USD has been on a steady uptrend, as seen on the 4-hour time frame, but it appears that the rally is slowing down. The pair has formed lower highs from April to May, indicating that sellers are...
AUDUSD broke below 0.9318 support, indicating that the uptrend from 0.9202 had completed at 0.9408 already. Deeper decline could be expected and next target would be at 0.9250 area. Resistance levels are at 0.9375 and 0.9408, only...
The AUD/USD pair fell hard during the session on Monday, but let’s keep in mind that we’re still well within the consolidation range. So while we fell hard in relation to the overall range of trading in...
AUDUSD continued its sideways movement in a range between 0.9318 and 0.9408. Key support is at 0.9318, as long as this level holds, the price action in the range could be treated as consolidation of the uptrend...
AUDUSD moved sideways in a range between 0.9202 and 0.9461. As long as 0.9202 support holds, the price action in the range could be treated as consolidation of the uptrend from 0.8660, one more rise to 0.9550...
The AUD/USD pair went back and forth on Friday, ultimately settling on a relatively unchanged candle. The shape of the candle is a bit like a hammer, but quite frankly we been grinding away sideways at the...
The AUD/USD pair went back and forth during the session on Thursday, ultimately printing a fairly neutral candle. This neutral candle suggests that the market is and quite ready to make a decision yet, although it is...
