The AUDUSD pair has made a decisive move, breaking below the key support level of 0.6468 after trading sideways between 0.6468 and 0.6543. This breakdown raises questions about the pair’s future direction. Let’s dive into the technical...
AUDUSD’s attempt to climb above the key resistance level of 0.6624 proved unsuccessful, leading to a sharp drop that breached the previous support at 0.6508 and reached as low as 0.6485. Let’s delve into the technical analysis...
The AUDUSD pair has shown a strong rebound after breaking below a particular level and is now faced with resistance. This article considers its potential future movements. Rebound after Breaking Below After breaching down the 0.6524 level,...
AUDUSD’s trend has taken yet another turn with a break below a notable support level: implications for the future of the AUDUSD trading range. Break Below the 0.6524 Support Level AUDUSD has managed to break below the...
The AUDUSD has been experiencing an ongoing downtrend, with the potential for significant market changes in the near future. Persistence of Current Downtrend Originating from 0.6870, AUDUSD continues to remain in a downtrend. Price action within the...
AUD/USD is currently approaching the key support level at 0.6330. If the price breaks below this level, it could initiate further downside momentum towards 0.6290, with the next support area being around 0.6220. Conversely, in the event...
AUD/USD has faced rejection at the 0.6521 resistance level once again and remains in a trading range between 0.6330 and 0.6521. Given the failed breakout attempt, there is a likelihood of another decline towards the 0.6330 support...
Hello fellow traders. In this technical article we’re going to take a look at the Elliott Wave charts charts of AUDUSD forex pair published in members area of the website. As our members know AUDUSD has recently...
AUD/USD faced resistance at the level of 0.6521 and was unable to break above it. As a result, the price pulled back to around the 0.6420 area. Based on this price action, there is a likelihood of...
AUD/USD recently experienced a breakdown below the 0.6363 support level. However, the currency pair rebounded from 0.6356 and reached as high as 0.6449. Based on this rebound, it is likely that a further rally could occur in...
