AUDUSD’s short term uptrend from 0.7712 had completed at 0.7842 already. Another fall could be expected in the coming days and next target would be at 0.7712 support. Below this level would confirm that the downtrend from...
AUDUSD broke above the falling trend line on the 4-hour chart, suggesting that the downtrend from 0.7988 had completed at 0.7712 already. Further rise to test 0.7893 resistance is still possible, a break of this level could...
AUDUSD is now facing the resistance of the bearish trend line on its 4-hour chart. As long as the price is below the trend line, the bounce from 0.7712 could be treated as consolidation for the downtrend...
AUDUSD remains in the downtrend from 0.7988, the bounce from 0.7712 is likely consolidation for the downtrend. Near term resistance is at the bearish trend line on the 4-hour chart. As long as the trend line resistance...
AUDUSD broke below 0.7758 support and extended its downside movement from 0.8135 to as low as 0.7712. Further decline is still possible in a couple of weeks and next target would be at 0.7500 area. Near term...
AUDUSD stays below a falling trend line on its 4-hour chart and remains in the downtrend from 0.7893. As long as the trend line resistance holds, the bounce from 0.7712 could be treated as treated as consolidation...
The Australian dollar initially rally during the trading session on Wednesday, reaching towards the 0.7825 handle. We have fallen since then, and it looks as if we are going to consolidate around the 0.78 handle. I believe...
AUDUSD extended its downside movement from 0.7988 to as low as 0.7717. Further decline is still possible and next target would be at 0.7600 area. Near term resistance is located at the falling trend line on the...
The Australian dollar has drifted a little bit lower during the trading session on Tuesday, reaching down towards the 0.7825 handle. I think that bouncing from that level shows that there are plenty of buyers underneath, especially...
AUDUSD broke below 0.7790 support, indicating that the downtrend from 0.7988 has resumed. Further decline would likely be seen in the coming days and next target would be at 0.7700 area. Near term resistance is at 0.7830,...
