The Australian dollar did almost nothing during the day on Wednesday, as the 0.7650 level is likely the “fair value” for the short-term charts. I think that the markets are going to continue to struggle a...
AUDUSD continued its sideways movement in a trading range between 0.7635 and 0.7694. The sideways movement is likely consolidation of the uptrend from 0.7501 and a breakout of 0.7694 could take price to 0.7800 area. On the...
The Australian dollar had a noisy session on Tuesday, initially going higher, but then rolled over to show signs of weakness. If we can break down below the 0.7625 level, I think that the market could...
AUDUSD moved sideways in a narrow range between 0.7635 and 0.7694. As long as 0.7635 support holds, the sideways movement could be treated as consolidation of the uptrend from 0.7501 and a breakout of 0.7694 resistance could...
The Australian dollar rallied during the trading session on Monday, reaching as high as 0.7675, where we start to see a significant amount of noise. Recently rallied though, and I suspect we are trying to continue...
No changed in our view, AUDUSD remains in the uptrend from 0.7501, the pullback from 0.7694 could be treated as consolidation of the uptrend. Range trading between 0.7580 and 0.7694 would likely be seen in a couple...
AUDUSD remains in the uptrend from 0.7501, the fall from 0.7694 is likely consolidation of the uptrend. Range trading between 0.7580 and 0.7694 is possible in a couple of days. The uptrend could be expected to resume...
AUDUSD broke above the top trend line of the price channel on the daily chart, suggesting that the downtrend from 0.8124 had completed at 0.7501 already. Further rally to test 0.7729 would likely be seen next week,...
AUDUSD is now in uptrend from 0.7501. Further rise could be expected after a minor consolidation and next target would be at 0.7720, followed by 0.7800 area. Near term support is at 0.7630, a breakdown below this...
AUDUSD broke above 0.7653 resistance, suggesting that the downside movement from 0.8124 (Sep 8 high) had completed at 0.7501 already. Further rise would likely be seen and next target would be at 0.7720 area. Support levels are...
