The Australian dollar initially dipped during the day on Thursday, but found enough support to turn around Anna rally significantly, mainly upon the idea that tax reform may not get done in the United States. As...
The Australian dollar has rallied initially during the trading session on Tuesday, but has a negative look to it later in the day as the CPI figures came out stronger than anticipated, and a favorite of...
AUDUSD broke above 0.7545 resistance, suggesting that the short term downtrend from 0.7653 had completed at 0.7501 already. Further rally would likely be seen in the coming days and next target would be at 0.7653 resistance. Near...
With the Australian dollar rallied a bit during the day on Monday, we reached towards the 0.7550 region. We are starting to roll over a little bit as I record this, and we are most certainly...
AUDUSD remains in the downtrend from 0.7653. Further decline would likely be seen after a minor consolidation and next target would be at 0.7475 area. A breakdown below this level could trigger further downside movement towards 0.7328...
AUDUSD extended its downside movement from 0.8124 to as low as 0.7501. As long as the price is in the falling price channel on the daily chart, the downside movement could be expected to continue and next...
The Australian dollar has tried to rally during the trading session on Friday, but roll over as the jobs number in the United States added 225,000 for November. If we can break down below the 0.75...
This pair could be interesting, because if the US dollar strengthens due to strong jobs reporting, we could see this market break down below the 0.75 handle, which I see as massive support. A breakdown below...
AUDUSD extended its downside movement from 0.7653 to as low as 0.7500, breaking below 0.7532 support, suggesting that the downtrend from 0.8124 (Sep 8 high) has resumed. Further decline would likely be seen in the coming days...
AUDUSD is now facing 0.7532 support. A breakdown below this level will indicate that the downtrend from 0.8124 (Sep 8 high) has resumed, then next target would be at 0.7475 area. Below this level would aim 0.7328...
