The AUD/USD pair rose during the session on Friday, showing extreme strength after forming a hammer on Thursday. The Australian dollar did follow its New Zealand cousin, and as a result it appears that the commodity currencies...
The AUD/USD pair fell during the session on Thursday, but as you can see the 1.02 Regent continues to offer support. The bounce during the end of the session wasn’t exactly strong, but it was enough to...
The AUD/USD pair rose during the session on Tuesday, but failed to crack above the 1.04 level, as we had anticipated. This area will continue to be resistance, as it is the “middle point” of a much...
AUDUSD is in downtrend from 1.0582, the rise from 1.0220 is likely consolidation of the downtrend. Resistance is at 1.0400, as long as this level holds, the downtrend could be expected to resume, and another fall towards...
The AUD/USD pair tried to rally during the session on Friday, but as you can see had found far too much resistance at the 1.0340 level yet again. We have formed a shooting star in this general...
The AUD/USD pair rallied during the session on Thursday, but as you can see gave back most of the gains in order to form a shooting star. This shooting star is sitting above two hammers, which essentially...
The AUD/USD pair broke higher during the Wednesday session, tripping the buy orders that would’ve been at the top of the hammer from the Tuesday session, and formed a candle the looks very much like a hammer...
The AUD/USD pair fell during most of the session on Tuesday, but found support just above the 1.02 handle as expected. The reason for this is that the 1.02 handle has certainly been supportive over the last...
The recent risk-off market environment has pushed AUD/USD down from the top of the long-term range around 1.0600 towards the bottom. Another test of the 1.0200 major psychological level could be in the cards for this week.
The AUD/USD pair went back and forth during the session on Monday, hovering around the 1.0250 level. The resulting candle is very neutral, and therefore represents a very confused market at the moment. We still see the...
