The AUD/USD pair rose during the session on Friday, heading towards the 0.93 handle. That being the case, we feel that this market will more than likely try and find resistance in that general vicinity.
The AUD/USD pair fell during the session on Wednesday, but as you can see bounced enough to go back to the 0.90 handle. The resulting hammer suggests that the market is going to go higher from here,...
The AUD/USD pair rose during the session on Tuesday, slamming into the 0.90 handle. However, that area did offer enough resistance to keep the market down.
The AUD/USD pair fell initially during the session on Monday, but as you can see bounced enough to get back above the 0.89 handle, and form a hammer. Quite frankly, although this is a positive sign, we...
AUDUSD continues its downward movement from 1.0582, and the fall extends to as low as 0.8871. Further decline is still possible, and next target would be at 0.8500 area.
The AUD/USD pair had a negative session on Friday again, as we meander below the 0.90 handle. Below there, we feel that this market will continue to weaken, and eventually we will at the 0.85 handle and...
The AUD/USD pair went back and forth during the session on Thursday, printing a relatively neutral candle, it does look a bit like a shooting star though, and as a result we think this market should continue...
AUD/USD has finally broken below its recent range, with resistance at .9300 and support at .9050. The pair has dipped below the .900 handle but it could still make a retest of the former support before...
The AUD/USD pair fell during the session on Wednesday, breaking below the 0.90 handle. That being the case, it does look like the Australian dollar is without a doubt on the back foot at the moment.
The AUD/USD pair fell hard during the session on Tuesday, trying to break down to the 0.90 handle again. That level has been very supportive though, and to break down below there is probably going to take...
