AUDUSD is in downtrend from 0.9085, the rise from 0.8660 is likely consolidation of the downtrend. Key resistance is at 0.8887, as long as this level holds, the downtrend could be expected to resume, another fall to...
AUD/JPY recently made a sharp selloff on global growth concerns and risk aversion but the pair seems ready to make a quick retracement. On the 4-hour time frame, the 61.8% Fibonacci retracement level of the latest swing...
AUDUSD remains in downtrend from 0.9085, the rise from 0.8660 could be treated as consolidation of the downtrend. Resistance is at the upper line of the price channel on 4-hour chart, as long as the channel resistance...
The AUD/USD pair rose during the session on Monday, getting back some of the losses that it had suffered on Friday. However, we see plenty of resistance in noise above, especially around the 0.88 level to keep...
AUD/USD suffered a sharp selloff towards the end of last week, when the world economic leaders in Davos confirmed that a slowdown is in the cards for the emerging nations. It didn’t help that China also printed...
AUDUSD’s downward movement from 0.9085 extended to as low as 0.8660. Resistance is located at the downward trend line on 4-hour chart, as long as this trend line resistance holds, the downtrend could be expected to continue,...
AUDUSD’s downward movement from 0.9756 extended to as low as 0.8660. Resistance is located at the downward trend line on daily chart, as long as the trend line resistance holds, the downtrend could be expected to continue,...
The AUD/USD pair fell during the session on Friday, further continuing the downtrend that we’ve seen. This market looks like it’s destined to continue falling, and therefore we feel that the market is heading to the 0.85...
The AUD/USD pair fell during the session on Thursday, breaking through the 0.88 level yet again. Nonetheless, this market continues the downtrend we have seen for some time and we have now broken fresh new lows. With...
After consolidation, AUDUSD broke below 0.8756 support and continued its downward movement from 0.9085. Further decline could be expected, and next target would be at 0.8650 area. Resistance is at 0.8887, only break above this level could...
