AUDUSD failed to break above 0.9085 resistance and pulled back to 0.8903. However, another rise to re-test 0.9085 resistance would likely be seen, a break above this level will signal completion of the downtrend from 0.9756, then...
The AUD/USD pair initially rose during the session on Friday, but found too much resistance of the 0.90 level in order to fall back and form a negative candle. This negative candle is testing the bottom of...
The AUD/USD pair fell hard during the session initially on Thursday, but as you can see we bounced enough to form a nice-looking hammer. In fact, this hammer does not exist in a vacuum, as most of...
After touching 0.8906 support, AUDUSD rebounded to 0.8971, indicating that the pair remains in consolidation of the uptrend from 0.8660. The sideways movement in a range between 0.8906 and 0.9080 could be expected to continue in a...
The AUD/USD pair fell hard during the session on Wednesday, but found enough support at the 0.8950 level to bounce slightly. However, we look at this more or less as a consolidation area that we have been...
AUDUSD is facing 0.8906 support, a breakdown this level will signal completion of the uptrend from 0.8660, then next target would be at 0.8780 area. On the upside, as long as 0.8906 support holds, the price action...
The AUD/USD pair fell during the session on Tuesday, but found the 0.90 level supportive enough in order to keep the market somewhat afloat. However, we believe that this market is going to continue to consolidate in...
AUDUSD moved sideways without trend in a range between 0.8906 and 0.9080 for several days. As long as 0.8906 support holds, the price action in the range could be treated as consolidation of the uptrend from 0.8660,...
AUD/USD initially fell during the session on Monday, testing the 0.8950 handle. However, we managed to bounce significantly after that, and challenge the 0.9050 level. We’ve not broken out to the upside though, so we feel that...
AUDUSD continues its sideways movement in a range between 0.8906 and 0.9080. As long as 0.8906 support holds, the price action in the range could be treated as consolidation of the uptrend from 0.8660, another rise towards...
