AUD/USD Price Analysis: Pending Consolidation Break to Fuel Next Leg

The Australian Dollar has continued to trade within a 2% range (150pips) since the start of May trade with price setting a well-defined monthly opening-range just above weekly support. While the broader risk remains weighted to the downside, the immediate bias remains vulnerable near-term while above this week’s lows. Here are the levels that matter […]

AUD/USD Technical Analysis: Aussie Dollar Reversal Brewing Ahead?

To receive Ilya’s analysis directly via email, please SIGN UP HERE Talking Points: AUD/USD Technical Strategy: Flat Aussie Dollar forms bullish candlestick pattern, hinting a rebound may be ahead Bearish long-term trend break still valid, hinting gains may yet prove corrective The Australian Dollar put in a bullish Morning Star candlestick pattern, hinting that a […]

AUD/USD Bull-Flag Breakout in the Works

To receive Michael’s analysis directly via email, please SIGN UP HERE AUD/USD Daily Chart Technical Outlook: AUDUSD rebounded off confluence support today at the lower parallel of this formation extending off the May & June lows. Note that this level also converges on the 50-line of the broader 2016 pitchfork formation. Join Michael on Friday […]