Tag: AUDUSD

AUDUSD is testing the support of the lower border of the price channel on daily chart. The fall from 0.7267 could possibly be resumption of the long term downtrend from 0.9849 (July 15, 2008 high). A break...

No changed in our view, AUDUSD remains in downtrend and the fall from 0.7267 extends further to 0.6418 level. Deeper decline is still in favor. Target would be at the lower border of the price channel, now...

AUDUSD drops sharply to as low as 0.6537 level. Deeper decline is still possible to test the support of the lower border of the price channel, now at 0.6300. Initial resistance is at 0.6810, rise above this...

AUDUSD breaks below 0.6755 key support and reaches as low as 0.6560 level. Deeper decline is now in favor, target would be at the bottom border of the price channel on daily chart, now at 1.6285 level....

AUDUSD breaks above 0.7140 resistance and reaches 0.7267 level only. Pullback to test 0.6755 support is possible next week. This level would more likely be held, and one more rise towards 0.7500 could be expected. Only fall...

AUDUSD breaks above 0.7140 resistance, suggesting that the uptrend from 0.6008 has resumed. Further rally could be seen to 0.7500 zone in next several days. Near term support is at 0.6755, only fall below this level will...

AUDUSD is testing 0.7140 resistance, a break above this level will indicate that the uptrend from 0.6008 has resumed, and then further rally could be seen to 0.7500 zone. Near term support is at 0.6755, below this...

AUDUSD is forming a cycle top at 0.7140 level on daily chart. Pullback towards 0.6300 is expected in a couple of weeks. Initial resistance is located at 0.7140, only rise above this level will signal further rally...

AUDUSD breaks above 0.7014 key resistance and reaches as high as 0.7140 only. The pair might be forming a cycle top on daily chart. Pullback is expected to 0.6300 zone in a couple of weeks. Initial resistance...

AUDUSD breaks above 0.7014 key resistance, suggesting that the down trend from 0.9849 (July 15 high) has completed. Further rise towards 0.7500 to reach the next cycle top on daily chart could be seen in next several...