AUDUSD – Aussie Dollar Breaks Crucial Support Vs Dollar Post Fed Rate Hike

AUDUSD – Aussie Dollar Breaks Crucial Support Vs Dollar Post Fed Rate Hike Key Highlights The Aussie dollar broke a crucial support area at 0.7450 against the US dollar to ignite a downside move. There was a crucial bullish trend line formed on the 4-hours chart of AUDUSD, which was broken to open the doors for a bearish wave. The Fed interest rate was announced y...
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AUDUSD – Aussie Dollar Forming Short-term Top Vs USD?

AUDUSD – Aussie Dollar Forming Short-term Top Vs USD? Key Highlights The Aussie dollar recovered well after trading as low as 0.7310 against the US Dollar. The AUDUSD pair is currently facing a major resistance near a couple of trend lines formed on the 4-hours at 0.7480-0.7500. Today in Australia, the Building Permits released by the Australian Bureau of Statisti...
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AUDUSD – Aussie Dollar Breakdown Looks Like Real

AUDUSD – Aussie Dollar Breakdown Looks Like Real Deal Key Highlights The Aussie dollar traded lower and broke the 0.7600 support area against the US Dollar. There was a bullish trend line formed on the 4-hours chart of AUDUSD, which was broken to clear the way for 0.7500. The minutes of the Reserve Bank of Australia meetings were published, which failed to help th...
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AUDUSD – Aussie Dollar at Major Crossroads Vs USD

AUDUSD – Aussie Dollar at Major Crossroads Vs USD Key Highlights The Aussie dollar this past week failed to settle above the 0.7740 resistance area against the US Dollar. There is a monster resistance formed near 0.7720-40, acting as a resistance for the AUDUSD pair. Today, the Australian Consumer Price Index released by the RBA and republished by the Australian B...
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AUDUSD – Aussie Dollar Faces Monster Resistance On Upside

Key Highlights The Aussie dollar is trading positively versus the US Dollar, but faces a major resistance at 0.7700. There is a major bearish trend line on the daily chart of AUDUSD, which may stop the upside move. Today, the New Motor Vehicle Sales released by the Australian Bureau of Statistics posted a rise of 0.8% in Sep 2016. The minutes of the Reserve Bank o...
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AUDUSD – Can Aussie Dollar Push Further Higher?

AUDUSD – Can Aussie Dollar Push Further Higher? Key Highlights The Aussie dollar continued to enjoy good gains against the US Dollar, as it settled above 0.7600. There is a major support trend line formed on the hourly chart of the AUDUSD pair, acting as buying area for the bulls. Today, the Australian Building Permits released by the Australian Bureau of Statisti...
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AUDUSD – Aussie Dollar Approaching Crucial Resistance

AUDUSD – Aussie Dollar Approaching Crucial Resistance Key Highlights The Aussie dollar recently crawled above the 0.7500 resistance area against the US Dollar. The AUDUSD pair also managed to clear a minor bearish trend line formed on the 4-hours chart. Today, the Australian House Price Index released by the Australian Bureau of Statistics posted a rise of 2% in Q...
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AUDUSD – Aussie Dollar Remains a Sell Until this Changes

AUDUSD – Aussie Dollar Remains a Sell Until this Changes Key Highlights The Aussie dollar traded lower during the past few days versus the US Dollar and remained under pressure. There is a major bearish trend line formed on the 4-hours chart of the AUDUSD pair, which acted as a barrier for buyers. The pair is now below the 100 simple moving average (H4), which is ...
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AUDUSD – Aussie Dollar facing Significant Resistance At 0.7700

AUDUSD – Aussie Dollar facing Significant Resistance At 0.7700 Key Highlights The Aussie dollar after trading as low as 0.7580 against the US Dollar started recovering. There is a major bearish trend line waiting on the 4-hours chart of the AUDUSD pair to act as a resistance. Today during the Asian session, the Australian Construction Work Done report was released...
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AUDUSD – Downside Pressure Remain Intact On Aussie Dollar

AUDUSD – Downside Pressure Remain Intact On Aussie Dollar Key Highlights Aussie dollar started the week on a negative note against the US Dollar and may continue to weaken. The AUDUSD pair is currently following a bearish trend line on the hourly chart, which is acting as a resistance. The Australian New Motor Vehicle Sales released by the Australian Bureau of Sta...
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