The AUD/USD pair fell hard during the session on Wednesday, closing at the very lows of the range. We still see significant support in the neighborhood of 0.90, so it’s a bit difficult to short in this...
The AUD/USD pair broke out to the upside during the session on Tuesday, closing at the 0.9150 level. However, it seems that the market is going to struggle in this area, and if we break the top...
The AUD/USD pair did almost nothing during the session on Monday, continuing the consolidation that we’ve seen recently. The real question now is whether or not this is accumulation, or simply a bit of sideways action before...
AUDUSD stays below a downward trend line on daily chart, and the fall extends to as low as 0.8990. Further decline to test 0.8847 support would likely be seen, a break down below this level will signal...
The AUD/USD pair fell during the session on Friday, but as you can see the 0.90 level offered enough support to push the market much higher. Ultimately, we close that the 0.91 handle, and formed a hammer...
AUD/USD has broken down to new lows yet again, dipping below the .9050 minor psychological support thanks to stronger than expected U.S. GDP data. This was enough to revive taper expectations for the FOMC meeting in December,...
The AUD/USD pair fell hard during the session on Wednesday, as GDP numbers out of that country came in a bit light. Because of this, it had people running from the Australian dollar, and we did in...
The AUD/USD pair fell during the session on Tuesday, but as you can see bounced rather hard from the 0.9550 handle. This resulted in a hammer, which of course is very supportive. However, we are most definitely...
The AUD/USD pair tried to rally during the session on Monday, but as you can see found far too much resistance and formed a shooting star. Because of this, we think that the market is going to...
After breaking below the neckline of the head and shoulders pattern on the 4-hour time frame, AUD/USD looks ready to make a quick pullback before resuming its selloff.
