AUDUSD

  • AUDUSD Continues to Climb Higher, Eyes 0.6630 Resistance Level

    The Australian dollar has extended its upside move against the US dollar, with the AUD/USD currency pair rallying from the 0.6361 level to as high as 0.6586. This bullish momentum shows no signs of abating, and further gains could be in store in the coming days. The next target for the AUD/USD pair lies around…

  • AUDUSD Extends Gains, Further Upside Potential Ahead

    The AUDUSD currency pair has seen its bullish momentum accelerate, with the recent upside move from the 0.6361 low extending all the way up to 0.6529 so far. With the path of least resistance still appearing to favor the bulls at this stage, further AUDUSD gains could potentially be on the horizon over the coming…

  • AUDUSD Selloff Intensifies, 0.6350 Level in Focus

    The AUDUSD currency pair has seen a sharp acceleration of its bearish momentum, with the downside move from the 0.6644 high extending to a new low of 0.6385 so far. With the sellers firmly in control, the path of least resistance appears to be for further AUDUSD declines in the coming days. The next key…

  • AUDUSD: Navigating the Bearish Descent

    The AUDUSD pair has been on a downward trajectory, capturing the attention of traders and analysts alike. As the pair extends its downside move, it finds itself trapped within the confines of a falling price channel on the 4-hour chart, raising concerns about the potential for further bearish momentum. Downside Momentum Persists The AUDUSD pair…

  • AUDUSD: Navigating the Bearish Storm

    In the ever-changing landscape of the forex market, the AUDUSD pair has recently captured the attention of traders and analysts alike. The pair has broken through a critical support level, signaling a potential shift in momentum and setting the stage for further downside action. The Bearish Breakout The AUDUSD pair has breached the 0.6584 support…