AUDUSD continues its downward movement from 0.9756, and the fall extends to as low as 0.9140. Resistance is located at the falling trend line on daily chart, as long as the trend line resistance holds, further decline...
The AUD/USD pair tried to rally during the session on Friday, but as you can see gave back quite a bit of the gains. The real thing to pay attention to is the fact that we did...
The AUD/USD pair tried to rally during the session on Thursday, but as you can see gave up most of the gains. The resulting candle of course is a shooting star, and that is obviously a very...
The AUD/USD pair fell during the session on Wednesday, breaking down below the previous low set on Tuesday. Because of this, we think that several cell orders have been triggered, and we will head to the 0.90...
The AUD/USD pair fell during the session on Tuesday, but as you can see the 0.91 level offered a fair amount of support. That being the case though, we feel that any bounce from here will more...
The AUD/USD pair fell during the bulk of the session on Monday, but as you can see bounced and formed a nice looking hammer. This hammer suggests that the market is going to go higher, and because...
Just last week, AUD/USD broke below the neckline of the head and shoulders pattern on the 4-hour time frame, indicating that a long-term downtrend might be in the cards. However, the pair looks prime for a retracement...
AUDUSD stays below a downward trend line on daily chart, and remains in downtrend from 0.756, and the fall extends to as low as 0.9143. Initial resistance is at the trend line, as long as the trend...
The AUD/USD pair broke down during the session on Friday, closing at the 0.9165 level. This of course has broken down below the 0.9250 level, an area that we thought was significant support. In fact, the market...
The AUD/USD pair fell during the session on Thursday, but as you can see bounced slightly from the very lows. Nonetheless, we are closing below the 0.9250 handle, and as a result a break of the lows...
