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Elliott Wave Analysis: AUDUSD Breaking Higher

Today’s focus will be on AUDUSD and its rally. AUDUSD has finally turned up after very deep, slow and overlapping price action, that we see it as wave 4). This leg now appears completed after recent break out of a ...

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AUDUSD Forex Exchange Opened Thursday August 17

from 0.7818 in the previous trading session. Historically, the Australian Dollar reached an all time high of 1.10 in July of 2011 and a record low of 0.48 in April of 2001. AUD/USD gained momentum after the beginning of the ...

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AUD/USD Technical Analysis: Aussie Gains Most in 5 Months

The Australian Dollar shot sharply higher, posting the largest gain in five months against its US counterpart following the release of minutes from July’s FOMC meeting. Overall positioning hints that the rising trend established from May/June lows may be … ...

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AUD/USD Bull-Flag Breakout in the Works

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 ...

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