AUDUSD failed to break above the falling trend line on the daily chart, indicating that the pair remains in the downtrend from 0.8135. A breakdown below 0.7412 support would indicate that the downside movement has resumed, then...
AUDUSD broke below the bullish support trend line on the 4-hour chart, suggesting that the upside movement from 0.7412 had completed at 0.7676 already. Deeper decline to test 0.7412 support would likely be seen and a breakdown...
AUDUSD extended its downside movement from 0.7676 to as low as 0.7529, facing the support of the rising trend line on the 4-hour chart. As long as the trend line support holds, the downside movement could be...
AUDUSD is facing 0.7560 support. A breakdown below this level would suggest that the downside movement from 0.7676 has resumed, then the pair would find support at the bullish trend line the 4-hour chart. Near term resistance...
AUDUSD’s fall from 0.7676 extended to as low as 0.7560. Further decline is still possible and next target would be at the rising trend line on the 4-hour chart. Resistance levels are at 1.7630 and 0.7676, only...
AUDUSD broke below 0.7594 support, suggesting that the upside movement from 0.7476 had completed at 0.7676 already. Further decline could be expected in the coming days and next target would be at the rising trend line on...
AUDUSD is facing 0.7594 support, a breakdown below this level would suggest that the short term uptrend from 0.7476 had completed at 0.7676 already, then the pair would find support at the rising trend line on the...
Australia Economy Posts Strong Q1 Growth Australia’s 1st quarter 2018 Gross Domestic Product is growing at 1.01%, beating the expectation of 0.9%. This is the largest increase since late 2011 and brings the year-on-year growth rate to...
AUDUSD extended its upside movement from 0.7476 to as high as 0.7676. Near term support is now at 0.7594. As long as this level holds, the upside movement could be expected to continue and next target would...
AUDUSD remains in the uptrend from 0.7476, the fall from 0.7666 is likely consolidation for the uptrend. Support is at 0.7580, as long as this level holds, the upside movement could be expected to continue and next...
