AUDUSD has been trending higher on its short-term time frames, moving inside an ascending channel visible on the 1-hour and 4-hour charts. Price is currently testing the top of the channel around the .7700 major psychological level and might be due for a drop towards support.
The EURUSD pair rose during the course of the day on Thursday, breaking above the top of the shooting star from the Wednesday session.
The AUDUSD pair initially tried to rally during the course of the session on Thursday, but turn right back around to form a shooting star.
The EURUSD pair initially fell during the day on Tuesday, but found enough support below to turn things around and skyrocket higher.
The AUDUSD pair initially fell during the course of the session on Tuesday, testing the 0.75 level for support. We believe that the support extends all the way down to the 0.74 level, and with that being the case it’s very difficult to imagine a scenario in which this pair should be sold, leased as long as we stay above the 0.74 level.
The EURUSD pair rose during the course of the day on Monday, as we see quite a bit of support at the 1.1150 level.
The AUDUSD pair broke higher during the course of the session on Monday, but pullback a little bit.
EURUSD stays above the upward trend line on daily chart, and remains in uptrend from 1.0517.
AUDUSD remains in uptrend from 0.6826, the fall from 0.7680 is likely consolidation of the uptrend.
The EURUSD pair initially fell during the course of the session on Tuesday, testing the 1.12 level.
