The AUD/USD pair went straight up during the session on Monday, but as you can see the 0.90 handle offered resistance as predicted. That being the case, we are actually looking for sell signals in this general...
AUDUSD is facing 0.8847 support, a breakdown below this level will indicate that the downtrend from 1.0582 has resumed, then further decline to 0.8500 area could be seen.
The AUD/USD pair tried to rally during the session on Friday, but like its antipodean cousin, the New Zealand dollar, it failed to hang onto gains. The resulting candle of course formed a shooting star which is...
The AUD/USD pair fell during the session on Thursday after initially trying to rally, which of course it failed to do so. The resulting candle is a shooting star, but there is a hammer from the previous...
The AUD/USD pair fell during the session on Wednesday, but as you can see bounced enough in order to form a hammer. This hammer to us suggests that we are going to see more continuation of sideways...
The AUD/USD pair fell during the session on Tuesday, but as you can see got a little bit of a bounce off of the 0.8950 handle. The resulting bounce formed a hammer, which of course formed right...
The AUD/USD pair went back and forth during the session on Monday, bouncing off of the 0.90 handle again. In the end though, the markets were basically unchanged, in this suggests that the markets are ready to...
The AUD/USD fell initially during the session on Friday, but as you can see below the 0.90 handle we found enough support to cause the market to bounce and form a hammer.
AUDUSD stays in a trading range between 0.8847 and 0.9344. As long as 0.9344 resistance holds, the price action in the range could be treated as consolidation of the downtrend from 1.0582, one more fall to 0.8500...
The AUD/USD pair rose during the session on Thursday, as you can see bouncing around the 0.90 handle. In the end though, this area did prove to be somewhat supportive, so we think that this market could...
