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Author Archives: AUD Editor

AUDUSD Daily Analysis – Tuesday, August 15

AUDUSD formed a sideways consolidation in a range between 0.7838 and 0.7918. As long as 0.7918 resistance holds, the downside movement from 0.8065 could be expected to continue and next target would be at the bullish trend line on its ...

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Trade Idea: AUD/USD – Sell at 0.7915

Recent wave: Wave 5 ended at 1.1081 and major correction has commenced for fall to 0.7000 and then towards 0.6500-10 As aussie has remained under pressure after recent anticipated selloff, adding credence to our view that top has been formed ...

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AUD Slides Amid Broad USD Rally, German GDP On The Rise

The Australian dollar was little changed after the Reserve Bank of Australia published the minutes of its August meeting. AUD/USD was treading water at around $0.7870 following the release. However, in late Asian session the Aussie started to tumble amid ...

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AUDUSD extends weakness after RBA minutes

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AUD/USD pair extended losses

Note: All information on this page is subject to change. The use of this website constitutes acceptance of our user agreement. Please read our privacy policy and legal disclaimer. Trading foreign exchange on margin carries a high level of risk ...

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AUD/USD Longer Term Correction Resuming?

AUD/USD stalled after grabbing two year highs on July 27. Looking at the bigger picture Elliott Wave model, we can count the sideways correction as complete and AUD/USD is at risk of continuing its longer term downtrend. Do you struggle ...

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