The AUD/USD pair try to rally during the session on Monday, finding the 0.88 level far too resistive though. The shooting started formed for the session of course suggests that the Australian dollar will continue to weaken...
AUDUSD continues its sideways movement in a range between 0.8660 and 0.8887. As long as 0.8887 resistance holds, the downtrend from 0.9085 could be expected to resume, and another fall to 0.8500 area is still possible. Only...
AUDUSD moved sideways in a range between 0.8660 and 0.8887. Key resistance is at 0.8887, as long as this level holds, the price action in the range could be treated as consolidation of the downtrend from 0.9085,...
AUDUSD remains in downtrend from 0.9756, the rise from 0.8660 could be treated as consolidation of the downtrend. Key resistance is at the upper line of the price channel on daily chart. As long as the channel...
The AUD/USD pair fell during the session on Friday, but found enough support at the 0.87 level to turn around and form a hammer. Nonetheless, we believe that this market is still inherently weak, and as a...
AUDUSD formed a sideways consolidation in a range between 0.8660 and 0.8887. As long as 0.8887 resistance holds, the price action in the range could be treated as consolidation of the downtrend from 0.9085, one more fall...
The AUD/USD pair fell during the beginning part of the session on Thursday, but turned around and formed a hammer. This hammer, although it looks to be supportive, appears to us to be more consolidation than anything...
The AUD/USD pair tried to break above the 0.8 level during the session on Wednesday, but as you can see the market pushed back down as the Australian dollar continues to struggle. This would’ve been exacerbated by...
AUDUSD remains in downtrend from 0.9085, the price action from 0.8756 could be treated as consolidation of the downtrend. Key resistance is at 0.8887, as long as this level holds, the downtrend could be expected to resume,...
The AUD/USD pair had a positive session on Tuesday, breaking above the 0.88 level at one point in time, but falling back down before the day closed. Nonetheless, this market looks like it should run into a...
