The AUDUSD pair has been entrenched in a downtrend since its peak at 0.6817, with the recent bounce from 0.6635 being viewed as a corrective consolidation within this overall downtrend. Traders should closely monitor the price action...
The AUDUSD pair has been trading in a bearish trend, with prices breaking below a significant support level. Let’s take a look at some of the key factors driving the market and what we can expect in...
The AUDUSD currency pair has been forming a sideways consolidation pattern for the long-term downtrend from the February 2021 high. As the pair remains below the falling trend line on the weekly chart, the downside movement is...
The AUDUSD currency pair has been in an uptrend since Apr 28, but recent price action has shown signs of weakness. After touching resistance at 0.6805, the pair pulled back from 0.6817 and broke below the rising...
The AUDUSD pair has failed to break above the resistance level at 0.6805 and has subsequently pulled back from its recent high of 0.6803. This suggests that the pair is currently in a consolidation phase for the...
AUDUSD has been showing a strong uptrend since hitting a low of 0.6573. The pair remains above the rising trend line on the 4-hour chart, indicating the continued strength of the uptrend. However, as the pair approaches...
The AUDUSD currency pair has been showing a strong uptrend from its low of 0.6573. Currently, the pair is trading above a rising trend line on the 4-hour chart, indicating that the trend is still intact. As...
The Australian dollar has been in a long-term downtrend against the US dollar since reaching a high of 0.8006 in Feb 2021. The price action from the low of 0.6170 is likely a consolidation for the downtrend,...
The AUD/USD currency pair has been showing signs of bullishness lately, as it recently broke above the resistance level at 0.6716, signaling a resumption of the uptrend from 0.6573. The pair is now trading at its highest...
The AUDUSD pair has been in a short-term uptrend from the low of 0.6573. However, recent price action shows that the pair has broken below the rising trend line on the 4-hour chart. This indicates that the...
