Tag: AUDUSD

AUDUSD’s down trend remains, and the fall from 0.9849 extends further to as low as 0.9132 level. Deeper decline to test 0.8953 (Mar 20 low) could be expected in next few days. Initial resistance is at 1.9275,...

AUDUSD drops sharply to as low as 0.9285 level. Further fall towards 0.8953 (Mar 20 low) is still possible. Initial resistance is now at 0.9475, only rise above this level will turn price back to up trend.

AUDUSD is testing 0.9475 support. A break below this level will signal further pullback towards 0.9327 previous low. However, the next cycle bottom on daily chart is nearing, rebound would more likely be seen before breaking below...

AUDUSD is testing the support of the up trend line from 0.9327 to 0.9475. Deeper decline is still possible to test 0.9475 support. As long as 0.9475 level holds, we’d expect up trend to resume, and rebound...

AUDUSD is in consolidation to up trend. Pullback to test the support of the up trend line from 0.9327 to 0.9475 is possible. As long as the trend line support holds, we’d expect up trend to resume,...

AUDUSD pulled back from 0.9849 and is forming a sideways consolidation. Near term support is at the up trend line from 0.9327 to 0.9475. As long as the trend line support holds, we’d expect up trend to...

AUDUSD’s up trend extends further to as high as 0.9849 level. Further rise towards 1.0000 level is now in favor. Initial support is at the up trend line from 0.9327 to 0.9475, only fall below the trend...

AUDUSD broke above 0.9667 previous high resistance and recorded a new high at 0.9716 level. Further rise to 0.9800 is still possible next week. Initial support is at the up trend line from 0.9327 to 0.9475, break...

AUDUSD is forming a cycle top at 0.9667 on daily chart. Key support is at 0.9493, a break below this level will confirm the cycle top. As long as the pair stays above 0.9493, we’d expect uptrend...

AUDUSD is forming a sideways consolidation in a range between 0.9493 and 0.9667. A break below 0.9493 level will indicate that a cycle top has been formed at 0.9667 on daily chart, and deeper decline could be...