The AUD/USD pair rose during the session on Thursday, breaking out and above the 0.9350 handle. That area has been resistive recently, and the fact that we broke above there is very bullish indeed. Because of this,...
AUDUSD remains in uptrend from 0.9202, and the rise extended to as high as 0.9394. Further rise could be expected after a minor consolidation, and next target would be at 0.9500 area. Support levels are at 0.9315...
The AUD/USD pair fell during the session on Wednesday, but ultimately found a little bit of support around the 0.93 level. Above there, the market push back up and we ended up forming a hammer. A break...
AUDUSD is now in uptrend from 0.9202, and the rise extended to as high as 0.9374. Further rise could be expected, and next target would be at 0.9500 area. Support levels are at 0.9315 and 0.9250, only...
The AUD/USD pair took off to the upside during the session on Tuesday, breaking the top of the hammers and more importantly, breaking above the sideways grind that we have been stuck in for 2 weeks. With...
AUDUSD broke above 0.9316 key resistance, indicating that the downtrend from 0.9461 had completed at 0.9202 already. The pair is now in uptrend, further rise could be expected, and next target would be at 0.9500 area. Support...
AUDUSD broke above the upper line of the price channel on 4-hour chart. Further rise to test 0.9316 key resistance is possible, a break above this level will signal completion of the downtrend from 0.9461, then the...
The AUD/USD pair did nothing during the session on Monday as we continue to hover above the 0.9250 handle. The Australian dollar has been relatively flat for several sessions now, and there is nothing on this chart...
AUDUSD remains in downtrend from 0.9461, the rise from 0.9202 is likely consolidation of the downtrend. Key resistance is at 0.9316, as long as this level holds, the downtrend could be expected to resume, and next target...
AUDUSD broke below the lower line of the price channel on daily chart, indicating that the uptrend from 0.8660 had completed at 0.9461 already. Further decline would likely be seen over the next several weeks, and next...
