The AUD/USD pair initially tried to rally during the session on Monday, but as you can see the parity level offered enough resistance to send the market lower. We now find this market at roughly 0.9950, and...
AUDUSD’s downward movement from 1.0582 extends to as low as 0.9961. Further decline could be expected after a minor consolidation, and next target would be at 0.9700 area. Resistance is at 1.0150, as long as this level...
The AUD/USD pair fell significantly during the Friday session, and even managed to pull down below the parity level during the session. However, you can see that the markets did bounce back above it and we formed...
The AUD/USD pair fell during the session on Thursday, after initially trying to rally. The fact that we have close below the 1.01 handle now houses very bearish on the Australian dollar, as this was significant support.
After several failed attempts in the past few months, AUD/USD finally made a convincing break below the 1.0200 major psychological level in yesterday’s trading.
The AUD/USD pair initially rallied during the session on Wednesday, but as you can see the 1.02 level did offer enough resistance in order to form a shooting star. This shooting star is at the bottom of...
The AUD/USD pair fell during the session on Tuesday, breaking below the 1.02 level for the first time in what seems like ages. This would’ve been predicated mainly upon the Reserve Bank of Australia cutting rates down...
The RBA just cut interest rates by 25 basis points from 3.00% to 2.75% earlier in today’s Asian session. This pushed AUD/USD below the support level around 1.0230 to a low of 1.0178 right after the statement.
The AUD/USD pair fell during the session on Monday, but bounced towards the end of the day just above the 1.02 support level. This level has been rather supportive lately, and as a result we are not...
AUDUSD remains in downtrend from 1.0582, the rise from 1.0220 is treated as consolidation of the downtrend. Resistance is at 1.0400, as long as this level holds, the downtrend could be expected to resume, another fall towards...
