AUDUSD breaks below the lower line of the price channel on daily chart, suggesting that lengthier consolidation of the uptrend from 0.9581 is underway, deeper decline would likely be seen next week, and next target would be...
The AUD/USD pair initially rose during the Thursday session, but it must be said that it sold off rather drastically by the end of the day. Looking at this chart, it’s easy to see that there is...
The AUD/USD pair had a fairly bullish session on Wednesday, but did fail to close above the 1.05 level. This level continues to force the pair lower, but there is an up trending line that is below...
The aussie has broken down through a major trend-line and then recovered. There is a strong possibility the up-trend will resume and return to the 1.0610 highs as the final fifth wave higher unfolds – a move...
The AUD/USD pair had a bullish session during the Tuesday trading hours, but did manage to fail at the 1.05 level again. This is odd as it was an area that caused massive resistance almost 3 weeks...
AUD/USD rose during the session on Monday, albeit in a fairly weak fashion. The market is approaching the uptrend line from the ascending channel, and as such we think the support will start to step back into...
The AUD/USD pair had a very significant fall during the Friday session as the 1.05 level gave way. This was a strikingly strong move, but it should be mentioned that we are approaching the uptrend line of...
AUDUSD stays in a upward price channel on daily chart, and remains in uptrend from 0.9581, and the fall from 1.0612 is treated as consolidation of the uptrend. Support is now located at the lower border of...
The AUD/USD pair fell during the session originally, but bounced in order to break back above the 1.05 handle. The hammer from the Wednesday session suggested that we found support at the 1.0450 level, and as such...
The AUD/USD pair managed to bounce after falling through the 1.05 level that acted as support. The fact that the daily candle ended up is a hammer is also very bullish, and as such we think that...
