AUD/USD (Australian dollar/US dollar)

The Australian dollar has seen a lot of noisy behavior, as recovery was on the menu this past week. At this point, we are in the middle of the overall consolidation area that has been so important in this pair.

The Aussie dollar rallied on Friday, as we continue to see it swim upstream. The market was strong in the early hours of Friday but finds itself in the middle of the previous consolidation area.

The Aussie continues to see attempts to rally, as the market has possibly been overstretched to the downside. The market now look as if it is going to be running into a bit of trouble.

The AUD rallied again during the session on Wednesday, showing that there is a significant amount of momentum trading. However, the Aussie is running into major resistance just above.

The AUD is a currency that is trying to test a pervious support level, which now is likely to offer resistance.

The Aussie continues to be very noisy, but at this point I think a lot of what we are seeing is a market that is trying to find its footing more than anything else.

The week for the AUD/USD pair has been one sideways noise, especially as the geopolitical risks continue to take front and center stage for people’s attention.

The AUD/USD pair fell hard overnight as word got out that Israel attacked Iran. However, we have seen a complete turnaround.

The Aussie continues to attempt a recovery on Thursday, as the market is currently threatening a significant level in the market.

The Aussie dollar rallied early during the session on Wednesday, as we continue to see a lot of volatility.

The Australian dollar has fallen again on Tuesday, as we are now below a major support level.

The Aussie has fallen to test the bottom of the overall range. The Monday session saw the Aussie bounce a bit to show signs of relief. Whether or not this is a sign of a change remains to be seen.

The Aussie continues to see a lot of negativity, as the market is running to the USD in general.

The AUD has fallen hard in the early hours of Friday, as we are now looking very closely at major support underneath. This is an area that we have to be very careful with to say the least.

The Aussie is sitting near the bottom of a short-term range, looking for buyers at this point in time.

The Aussie dollar has fallen as the CPI numbers in the US were hotter than anticipated. Because of this, we are well within the center of the range that we have been in for some time.

The Aussie continues to see a lot of choppiness in general, as we wait for the CPI numbers in the USA. Also, we are going to have to watch the Asian economies as we have a lot of correlation between the AUD and that economic situation.

The Aussie dollar has gone back and forth for some time now, and it looks like we are still some kind of range and it is likely that we won’t be able to make a bigger move.

The Aussie continues to trade back and forth in a tight consolidation region, as we are simply just sideways overall.

The Aussie dollar has been a bit noisy in the session on Friday, as the markets react to the jobs figures in the USA.