The Australian dollar has broken above the 0.79 level during trading on Wednesday, clearing a significant barrier. However, as I record this video it looks as if we are pulling back slightly, so we may continue to...
AUDUSD extended its upside movement from 0.7712 to as high as 0.7916. As long as the price is above the bullish trend line on the 4-hour chart, the upside movement could be expected to continue and next...
The Australian dollar has been very noisy during trading on Tuesday, as CPI numbers coming out of the United States suggested that inflation was on track. This of course helps gold, but more importantly it helps the...
AUDUSD stays above a bullish trend line on its 4-hour and remains in the uptrend from 0.7712. As long as the trend line support holds, the uptrend could be expected to continue and next target would be...
The Australian dollar has been very choppy during trading on Monday, as we came back from the weekend. We are bit overextended after the huge move over the last couple of sessions, so a pullback or a...
AUDUSD extended its upside movement from 0.7712 to as high as 0.7884. The key support is located at the bullish trend line on the 4-hour chart. As long as the trend line support holds, the upside movement...
AUDUSD is trending lower on its 4-hour time frame and is testing the top of the descending channel. If this holds as resistance, price could fall back to support at the bottom of the channel around the...
AUDUSD broke above 0.7842 resistance, suggesting that the uptrend from 0.7712 has resumed. Further rally could be expected in a couple of days and next target would be at 0.7930 area. Support level is now at 0.7772,...
AUDUSD remains in the downtrend from 0.8135, the bounce from 0.7712 is likely consolidation for the downtrend. Further decline is still possible after the consolidation and next target would be at 0.7500 area. Near term support is...
The Australian dollar has rallied a bit after initially falling during the trading session on Thursday. The 0.78 level underneath is going to continue to be an area of interest, as it is a large, round, psychologically...
