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Author Archives: AUD Editor

AUD/USD re-takes 0.8000, despite North Korea risks

AUD/USD failed to sustain the overnight recovery above 0.80 handle on the latest reports of North Korea missile launch, while rising expectations of a Dec Fed rate hike also kept the upside in check. AUD/USD: Risk-off weighs Despite renewed North ...

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AUDUSD Bulls Fight to Keep Rally Alive

Over the weekend we discussed the bearish pin bar that had formed on the AUDUSD daily chart. Friday’s candlestick pattern left buyers on edge and signaled that a correction this week was likely. So far, the bearish formation hasn’t disappointed. ...

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AUDUSD Daily Analysis – Thursday, Sept. 14

AUDUSD extended its fall from 0.8124 to as low as 0.7970, facing the bottom support trend line of the price channel on the 4-hour chart. As long as the price is in the channel, the fall could be treated as ...

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AUD/USD Downside Pressures

AUD/USD is consolidating lower after the pair surged towards 0.8125 (08/09/2017 high). Hourly support below 0.7950 (former uptrend channel). Expected to further weaken. In the long-term, the trend is largely negative since 2011. Key supports stands at 0 … Read ...

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