The AUD/USD pair rose during the session on Monday, as the market seems to be trying to find the bottom just above the 0.90 handle. However, the Australian dollar is one of the weakest currencies out there...
AUDUSD remains in downtrend from 1.0582, and the fall extends to as low as 0.9037. Resistance is located at the downwards trend line on daily chart, as long as the trend line resistance holds, the downtrend could...
The AUD/USD pair fell during the session on Friday, as the Australian dollar continues to get pummeled. This would have been exacerbated by the fact that the nonfarm payroll number came out much stronger than anticipated, causing...
The AUD/USD pair gained slightly during the session on Thursday, as the 0.9150 level has offered support again. Because of this, we feel that this market is simply going to grind sideways until the nonfarm payroll number...
AUD/USD has been undergoing heavy selling pressure, but it appears the pair has found support around the .9100 area. It could pull up for a quick retracement before the selloff resumes.
The AUD/USD pair initially rallied during the session on Wednesday, but as you see fell through the most recent support area and continues to fall towards the 0.90 handle. That area of course is a massive support...
The AUD/USD pair fell hard during the session on Tuesday, as we continue to grind around just above the 0.9150 level. This area has been supportive recently, and as a result we feel that the market is...
The AUD/USD pair rose during the session on Monday, bouncing hard off of the lows in order to form a strong looking green candle. However, we are approaching the 0.93 handle, an area that has been a...
China just printed its set of PMI figures from HSBC and the government in today’s Asian session, and both reports showed weaker performance in its manufacturing sector. The government figure fell from 50.8 to 50.1 while the...
AUDUSD stays below a downward trend line on daily chart, and remains in downtrend from 1.0582, and the fall extends to as low as 0.9113. Further decline is still possible after a minor consolidation, and next target...
