The AUD/USD pair initially broke down below the 0.9250 level during the session on Friday, but from enough support to push things back around and form a massive hammer. This hammer of course suggests that there are...
AUDUSD stays in a downward price channel on 4-hour chart, and remains in downtrend from 0.9461, the rise from 0.9227 would possibly be consolidation of the downtrend. Further decline is still possible after consolidation, and next target...
The AUD/USD pair went back and forth during the session on Thursday, showing that the market is still continue to go sideways just above the 0.9250 level. With that, we feel that the market is simply taking...
AUDUSD is facing 0.9316 resistance, a break above this level will indicate that the downtrend from 0.9461 had completed at 0.9227 already, then the following upward movement could bring price to 0.9550 – 0.9600 area. On the...
The AUD/USD pair went back and forth on Wednesday, but proved the 0.9250 level to be supportive. With that being the case, we feel that the market will continue to go higher, and a break above the...
AUDUSD remains in downtrend from 0.9461. As long as 0.9316 resistance holds, the downtrend could be expected to continue, and next target would be at 0.9180 area. On the upside, a break above 0.9316 will indicate that...
The AUD/USD pair fell during the bulk of the session on Tuesday, but found enough support below the 0.9250 level to form a hammer. This hammer is immediately preceded by a shooting star, so we feel that...
AUDUSD stays in a downward price channel on 4-hour chart, and remains in downtrend from 0.9461, and the fall extended to as low as 0.9227. Near term resistance is at the upper line of the channel, as...
The AUD/USD pair initially tried to rally during the session on Monday, but found far too much resistance around the 0.93 level to continue going higher. Because of this, we ended up forming a shooting star that...
AUD/USD is in a strong uptrend on its short-term and long-term time frames but it appears that buyers need to regain energy before pushing the pair higher. In the 4-hour chart, the Fibonacci retracement tool shows that...
