The AUD/USD pair fell hard during the session on Wednesday, breaking the bottom of the range that we saw during the Tuesday session. As we plow into the supportive area though, we still have to get below...
AUD/USD has just come off a strong selloff and looks ready to make a pullback to the Fibonacci retracement levels marked on the 4-hour time frame. It seems that the right shoulder on the potential head and...
The AUD/USD pair rose during the session on Tuesday, breaking above the top of the shooting star on Monday, which of course is a very strong sign. However, we see quite a bit of noise all the...
The AUD/USD pair rose during the session on Monday, but found enough resistance in the vicinity of the 0.94 level to push the market back down and form a shooting star. The shooting star suggests that the...
AUDUSD’s downward movement from 0.9756 extends to as low as 0.9269. Resistance is now at 0.9545, as long as this level holds, the downtrend could be expected to continue, and next target would be at 0.9000 area,...
The AUD/USD pair rose during the session on Friday, but remains within the consolidation area we’ve seen over the last couple of sessions, as a result this market simply looks like its content to go back and...
The AUD/USD pair fell during the session on Thursday, but bounced enough above the 0.93 level in order to form a little bit of a hammer. That being the case, we think this market could go higher,...
A falling trend line can be seen connecting the highs of the price on AUD/USD’s 1-hour time frame, reflecting the ongoing downtrend for the pair. It has just bounced off the .9300 major psychological level and appears...
The AUD/USD pair rose during the session on Wednesday, bouncing off of the significant support area in the region of 0.93. As you can see on the chart, we actually have the line drawn that the 0.9250...
The AUD/USD pair went back and forth during the session on Monday, hovering above the 0.9350 level. We still see the 0.93 level as supportive, and as long as we are above that, we are not comfortable...
