AUDUSD broke below the bullish trend line on the 4-hour chart and dropped sharply to as low as 0.7286, suggesting that the upside movement from 0.7202 had completed at 0.7381 already. Further decline is still possible and...
AUDUSD extended its upside movement from 1.7202 to as high as 0.7381. As long as the price is above the rising trend line on the 4-hour chart, the upside movement could be expected to continue and next...
AUDUSD’s upside movement from 0.7202 extended to as high as 0.7353. Further rise is still possible after a minor consolidation and next target would be at 0.7400 area. Support is at the bullish trend line on the...
AUDUSD extended its upside movement from 0.7202 to as high as 0.7319. Further rally is still possible and next target would be at 0.7350 area. Near term support is at 0.7245, only a breakdown below this level...
AUDUSD stays below a falling trend line on the daily chart and remains in the downtrend from 0.8135. As long as the trend line resistance holds, the bounce from 0.7202 could be treated as consolidation for the...
AUDUSD is facing 0.7283 resistance. A clear break of this level would indicate that the downside movement from 0.7453 had completed at 0.7202 already, then the pair would find next resistance level at around 0.7350. On the...
AUDUSD short-term Elliott wave view suggests that the bounce to 0.7455 high ended intermediate wave (B). Down from there, the pair has broken to new lows confirming the intermediate wave (C) lower. The internals of the decline is unfolding...
AUDUSD remains in the downtrend from 0.7453, the bounce from 0.7202 is likely consolidation for the downtrend. As long as 0.7283 resistance holds, the downtrend could be expected to resume and further decline to 0.7100 area is...
AUDUSD extended its downside movement from 0.7453 to as low as 0.7222. Further decline is still possible after a minor consolidation and next target would be at 0.7100 area. Near term resistance is at 0.7283, only a...
AUDUSD’s downside movement from 0.7453 extended to as low as 0.7256. Further decline is still possible and next target would be at 0.7200 area. Resistance is at 0.7321, only a break of this level could signal completion...
