The Australian dollar has gone sideways initially during the trading session on Tuesday, but as you can see we started to sell off as the Americans came on board. However, there is a small uptrend line that...
AUDUSD’s bounce from 0.7759 extended to as high as 0.7876. Further rise to test 0.7910 resistance is still possible. A breakout of this level could trigger further upside movement towards 0.7970. Near term support is at 0.7825....
The Australian dollar has rallied a bit during the trading session on Monday, as it looks like value hunters are starting to return. Beyond that, Gold markets look a little bit bullion, so that should continue to...
AUDUSD is in corrective consolidation for the downtrend from 1.8135. Further rally is still possible in a couple of days and next target would be at 0.7910, followed by 0.7970. Support levels are at 0.7800 and 0.7759,...
AUDUSD broke above the top trend line of the price channel on the 4-hour chart, suggesting that the downside movement from 0.8135 had completed at 0.7759 already. Further rise would likely be seen and next target would...
AUDUSD continue its downside movement from 0.8135 and the fall extended to as low as 0.7759. Further decline is still possible after a minor consolidation next target would be at 0.7650 area. Near term resistance is at...
The Australian dollar has fallen a bit during the day on Thursday but seems to be finding a lot of support at the 0.78 handle. This is the 50% Fibonacci retracement from the massive move higher, and...
AUDUSD’s downside movement from 0.8135 extended to as low as 0.7759. Further decline is still possible after a minor consolidation and next target would be at 0.7700 area. Near term resistance is at the top trend line...
The Australian dollar has rolled over during the trading session on Tuesday, showing signs of weakness yet again. Pay attention to the gold markets, because they of course will have influence on what’s going on here, and...
AUDUSD extended its downside movement from 0.8135 to as low as 0.7810. As long as the price is in the falling price channel on the 4-hour chart, the downtrend could be expected to continue and next target...
