The AUD/USD pair fell significantly during the session on Tuesday, but as you can see the 0.9650 level has offered support again. This area has been very supportive recently, and it is important from a longer-term perspective...
The AUD/USD pair shot straight up during the session on Monday as the ISM numbers out of United States came in below 50, signaling that there could be some contraction in the economy.
AUDUSD’s downward movement from 1.0582 extends to as low as 0.9528. Resistance is now at 0.9800, as long as this level holds, the downtrend could be expected to continue, and next target would be at 0.9400 area,...
The AUD/USD pair fell hard during the Friday session, but as you can see bounced at the very end of the day. However, it looks like this market is trying to break down, and in this general...
The AUD/USD pair initially fell during the session on Thursday, but as you can see bounced enough to form a hammer. We are currently bouncing around the 0.9650 level, an area that is supportive for the longer-term...
The AUD/USD pair had a positive showing on Wednesday, which of course needed to happen if there was any hope whatsoever of this market not completely falling off of a cliff. This being the case, we think...
AUD/USD is once more sitting at a key inflection point, which has been an established support level on longer-term time frames. There is no report scheduled for release from Australia today, as this pair could be driven...
The AUD/USD pair went back and forth during the session on Monday, eventually going nowhere. We are sitting on significant support, and as a result this market looks like it’s trying to form a little bit of...
AUDUSD continues its downward movement from 1.0582, and the fall extends to as low as 0.9594. Further decline is still possible next week, and next target would be at 0.9500 area.
The AUD/USD pair did very little during the session on Friday, but held onto the 0.9650 level for support. This area is significant on the longer-term charts as well, holding up support for several years on the...
