AUDUSD’s downside movement from 0.7813 extended to as low as 0.7546. Further decline is still possible after a minor consolidation and next target would be at 0.7500 area. Key resistance is at 0.7620, only a breakout of...
AUDUSD extended its downside movement from 0.7813 to as low as 0.7552. Key resistance is now at 0.7620, as long as this level holds, the downtrend could be expected to continue and further decline to 0.7500 area...
AUDUSD remains in the downtrend from 0.7813, the bounce from 0.7576 is likely consolidation for the downtrend. Further decline is still possible after the consolidation and a breakdown below 0.7576 support could take the price to 0.7500...
AUDUSD’s downside movement from 0.7813 extended to as low as 0.7655, facing the support level at 0.7642. A breakdown below this level could take the price to 0.7500 area. Resistance is at 0.7700, as long as this...
AUDUSD failed to breakout of the falling trend line on the daily chart, suggesting that the pair remains in the downtrend from 0.8135. A breakdown below 0.7642 support would indicate that the downside movement has resumed, then...
AUDUSD broke below 0.7738 key support, suggesting that the upside movement from 0.7642 had completed at 0.7813 already. Further decline could be expected after a minor consolidation and next target would be at 0.7650 area. Resistance levels...
AUDUSD moved sideways in a trading range between 0.7738 and 0.7809. As long as 0.7738 support holds, the uptrend from 0.7642 could be expected to continue and next target would be at 0.7850 area. On the downside,...
The Australian dollar has been very choppy during trading on Monday initially, but it does look like we are going to continue to try to go higher. The 0.78 level above will be the initial target, but...
AUDUSD remains in the uptrend from 0.7642, the fall from 0.7809 could be treated as consolidation for the uptrend. As long as 0.7738 support holds, the uptrend could be expected to resume and a breakout of 0.7809...
AUDUSD extended its upside movement from 0.7642 to as high as 0.7809. The key support is now at 0.7738, as long as this level holds, the upside movement could be expected to continue and next target would...
