AUDUSD remains in downtrend from 1.0582, the rise from 0.8998 could be treated as consolidation of the downtrend. Key resistance is at 0.9344, as long as this level holds, the downtrend could be expected to resume, and...
The AUD/USD pair went back and forth on Friday, and as you can see close slightly positive for the day. Nonetheless, we are still well underneath the resistance that needs to be overcome in order to even...
The AUD/USD pair went back and forth during the session on Wednesday, but as you can see essentially went nowhere. We are just underneath significant resistance, so we are willing to sell on a break of the...
AUD/USD’s rally might soon be over as the pair is finding resistance at the top of the falling channel on the 1-hour time frame. Stochastic just crossed down from the overbought region and is pointing down, suggesting...
The AUD/USD pair rose during the session on Tuesday, launching from the supportive candle that we had formed on Monday. However, you can see that we are approaching the top of the recent consolidation area, and beyond...
The AUD/USD pair fell initially during the session on Monday, but as you can see the 0.90 handle has offered enough support to keep the market somewhat buoyant.
AUDUSD continues its downward movement from 1.0582, and the fall extends to as low as 0.8998. Resistance is at the downward trend line on daily chart, as long as the trend line resistance holds, further decline is...
The AUD/USD pair fell on Friday, but we still remained above the 0.90 handle. We really need to break down below that area in order to be comfortable shorting at this point, although it must be stated...
The AUD/USD pair found itself grinding back and forth during the balance of the Thursday session, but as you can see the 0.93 level has offered a bit too much resistance yet again, and as a result...
The AUD/USD pair went back and forth during the session on Wednesday, showing that the market is still quite confused. Nonetheless, we think that this market will continue to be bearish overall, and any rally will simply...
