AUDUSD broke above 0.7880 resistance, indicating that the downside movement from 0.7988 had completed at 0.7790 already. Further rally would likely be seen and next target would be at 0.7950 area. Support is at 0.7790, only a...
The Australian dollar has fallen a bit during the beginning of the week, as Monday was a bit pro-US dollar. I think that the Australian dollar will continue to be noisy, but it also looks as if...
AUDUSD is facing 0.7880 resistance. As long as this level holds, the bounce from 0.7790 could be treated as consolidation for the downtrend from 0.7988, and another fall to test 0.7759 support is still possible after the...
AUDUSD is facing 0.7758 support. A breakdown below this level could signal resumption of the downtrend from 0.8135, then next target would be at 0.7500 area. Resistance is at 0.7988, only a breakout of this level could...
AUDUSD is now in the downtrend from 0.7988, the bounce from 0.7790 is likely consolidation for the downtrend. Further decline would likely be seen after the consolidation and next target would be at 0.7759 support. Resistance is...
The Australian dollar has broken down a little bit during the trading session on Tuesday, but we are starting to find support as I record this. If we can break above the 0.79 level substantially, I think...
AUDUSD remains in the uptrend from 0.7759, the fall from 0.7988 is likely correction for the uptrend. Near term support is at 0.7865, as long as this level holds, the uptrend could be expected to resume and...
AUDUSD is now in the uptrend from 0.7759, the fall from 0.7988 could be treated as consolidation of the uptrend. Support levels are at 0.7890 and 0.7865. As long as these levels hold, the uptrend could be...
AUDUSD remains in the downtrend from 0.8135, the bounce from 0.7758 is likely correction of the downtrend. Another fall could be expected to correction and a breakdown below 0.7758 support could trigger further downside movement towards 0.7500....
AUDUSD broke above 0.7910 resistance. Further rally would likely be seen and next target would be at 0.8000 area. Near term support is at 0.7860, only a breakdown below this level could bring price back to test...
