The AUD/USD pair fell during most of the session on Thursday, but found enough support to turn things back around and form a hammer. They hammer of course is a sign of bullishness, but we can some...
AUD/USD has formed a reversal pattern on its 1-hour time frame, indicating that the uptrend may be over and that a selloff is ready to take place. The pair is still testing the neckline around the .9225...
AUDUSD moved sideways in a narrow range between 0.9213 and 0.9303. Support is at 0.9213, as long as this level holds, the price action in the range could be treated as consolidation of the uptrend from 0.8995,...
The AUD/USD pair initially rose during the session on Tuesday, but pulled back in order to form a shooting star. The shooting star is preceded by a hammer, so we feel that this market is more or...
No changed in our view, AUDUSD remains in uptrend from 0.8995, the fall from 0.9303 is likely consolidation of the uptrend. Range trading between 0.9200 and 0.9303 would likely be seen in a couple of days. As...
AUDUSD remains in uptrend from 0.8995, the fall from 0.9294 could be treated as consolidation of the uptrend. Support is at 0.9200, as long as this level holds, the uptrend could be expected to resume, and next...
The AUD/USD pair initially fell during the session on Monday, but found the 0.9250 level to be supportive enough to bounce the market back around and form a hammer. This hammer of course is a buying opportunity...
AUDUSD continued its upward movement from 0.8995, and the rise extended to as high as 0.9294. Support is at 0.9200, as long as this level holds, the fall from 0.9294 could be treated as consolidation of the...
AUDUSD’ upward movement from 0.8660 extended to as high as 0.9294. Further rise could be expected, and the target would be at 0.9600 area. Support is located at the upward trend line on daily chart, only a...
The AUD/USD pair rose during the session on Friday, but as you can see got beat back closer to the 0.93 handle. The resulting action formed a shooting star, which of course means that the market could...
