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Author Archives: AUD Editor

AUDUSD FOREX EXCHANGE OPENED Tuesday August 22

Following up on my prior technical view for the AUDUSD, which i published last month here .. The pair has pulled-back towards the previously broken horizontal resistance-turned-support around 0.7835 where it was rejected last week. And that may have … ...

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AUDUSD still looking for higher levels ahead

This is a relatively quiet week for economic data out of Australia and the US so AUDUSD traders will be watching commodity price movements, at least until Federal Reserve Chair Janet Yellen delivers a speech on “Financial Stability” at the ...

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AUD/USD technically bullish towards 0.8000

Currently, AUD/USD is trading at 0.7935, down -0.06% on the day, having posted a daily high at 0.7942 and low at 0.7932. AUD/USD has been lifted by metal prices on the rise, specifically in iron ore’s 2.6% gains overnight. The ...

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AUD/USD analysis: building up, but 0.7962 caps

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AUDUSD FOREX EXCHANGE ROSE MIDDAY Monday August 21

AUD/USD remains mildly on the upside for retesting 0.8065. The pull back from there should have completed at 0.7807 already. Firm break of 0.8065 will resume the medium term rise and target 100% projection of 0.6826 to 0.7833 from 0.7328 ...

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AUD/USD refreshes session tops near mid-0.7900s

A fresh wave of greenback selling pressure has emerged over the past hour or so, lifting the AUD/USD pair fresh session tops, in the region of 0.7945-50 band. Fading optimism over the US President Donald Trump’s pro-growth economic agenda, coupled ...

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