AUDUSD Technical Analysis
AUDUSD Falls Below October Low Oversold at $0.620
In yesterday's trading session, AUD/USD dipped below the October low at $0.627. Meanwhile, the momentum indicators hint at an oversold market. The currency pair...
AUDUSD is Below $0.642 with Potential for More Losses
AUD/USD resumed its bearish trajectory from $0.642, hinted by the spinning top black candlestick pattern. Please note that a break below $0.634 could trigger...
AUDUSD Declines Toward $0.634 Amid Oversold Signals
FxNews—AUD/USD resumed its bearish trajectory from $0.647, a strong resistance area backed by the 75-period simple moving average.
As of...
AUDUSD Bearish Trend Resumed from $0.653
FxNews—The Australian dollar lost 1% of its value against the American dollar in today's trading session, trading at approximately...
AUDUSD Consolidates Near Critical Resistance at $0.653
FxNews—The AUD/USD pair trades in a bear market, below the 100-period simple moving average and the descending trendline. However,...
AUDUSD Nears Trigger Point for Bearish Turn
FxNews—The Australian dollar is downtrend, below the 100-period simple moving average. Yesterday, the currency pair began a mild correction...
Watch AUDUSD for Potential Drop Below $0.657
FxNews—The Australian dollar trades bearish in the channel and below the 100-period SMA against the U.S. Dollar. As of...
AUDUSD Holds Below Key Level as Traders Seek Safe Havens
The Australian dollar started the Thursday trading session by recovering from the bullish fair value gap, trading at approximately...