The AUD/USD pair fell during the session on Tuesday as the 1.04 level offered far too much resistance. We had suggested previously that perhaps this level was going to be resistant, and that the 1.03 level could...
The AUD/USD pair broke higher during the session on Wednesday after first gapping lower. However, the 1.04 level is where we stopped, an area of significant resistance. Because of this, we are necessarily thinking that there is...
AUDUSD breaks above 1.0400 key resistance and reaches as high as 1.0413, suggesting that the downtrend from 1.0597 had completed at 1.0115 already. Further rise could be seen over the next several days, and next target would...
The AUD/USD pair rose during the Friday session and broke above the 1.04 level in order to break into the resistance area above. We think this market is bullish again, but we need to see some type...
The AUD/USD pair shot straight up during the session on Thursday, and smashed into the 1.04 resistance level. In fact, that is exactly where it stopped at the highs of the day. This leads us to believe...
The AUD/USD pair fell during the session on Wednesday, testing the 1.03 level for support. This area did hold, so it is likely that we will see a continuation of the move higher that we have seen...
The AUD/USD continued to rally during the Tuesday session, carving into the 1.0350 area. We did breakout, but this does show that there is underlying strength for the Australian dollar. Looking forward, we think that the market...
The AUD/USD pair had a strong showing on Monday, as the 1.02 level offered support yet again. It appears that we are trying to form a little bit of a base at this point in time, and...
AUDUSD’s downward movement from 1.0597 extends to as low as 1.0115. Further decline would likely be seen and next target would be at 1.0000 area. Key resistance is at 1.0400, only break above this level could signal...
The AUD/USD pair fell during the session on Friday, but found the 1.02 level as supportive. This area is vital for the strength of the Australian dollar to continue over the long run. The 1.02 level is...
