AUD/USD Forecast August 8, 2017, Technical Analysis

by FX Empire | August 8, 2017 6:25 am
The Aussie dollar rolled over a bit during the early Monday session, as the 0.7950 level has offered a bit too much in the way of resistance. Interestingly enough, it is roughly the 50% Fibonacci retracement level...

AUDUSD Daily Analysis – August 8, 2017

by ForexCycle.com | August 8, 2017 4:00 am
AUDUSD is facing 0.7875 key support. A breakdown below this level will indicate that the uptrend from 0.7571 had completed at 0.8065 already, then the following correction pullback could bring price back into 0.7750 zone. However, as...

AUDUSD Daily Analysis – August 7, 2017

by ForexCycle.com | August 7, 2017 2:59 am
AUDUSD moved sideways in a trading range between 0.7875 and 0.8065. Key support is at 0.7875, as long as this level holds, the uptrend could be expected to resume and another rise towards 0.8150 is still possible....

AUDUSD Weekly Analysis – August 6, 2017

by ForexCycle.com | August 6, 2017 1:24 pm
AUDUSD stays above a bullish trend line on its daily chart and remains in the uptrend from 0.7328. Near term support is at 0.7875, as long as this level holds, the uptrend could be expected to continue...

AUD/USD Forecast August 7, 2017, Technical Analysis

by FX Empire | August 6, 2017 2:17 am
The Australian dollar started out on Friday rather bullish, but found enough resistance at the 0.7980 level to fall over. This was predicated upon the jobs number in the United States being better than anticipated, so that...

AUD/USD Forecast August 4, 2017, Technical Analysis

by FX Empire | August 4, 2017 6:47 am
The Australian dollar initially fell during the Thursday session but found a bit of support near the 0.79 level, a key support level on the longer-term charts. The market looks as if it is trying to build...

AUDUSD Daily Analysis – August 4, 2017

by ForexCycle.com | August 4, 2017 2:17 am
AUDUSD stays in a trading range between 0.7875 and 0.8065. As long as 0.7875 key support holds, the price action in the range could be treated as consolidation of the uptrend from 0.7571 and another rise towards...

AUD/USD Forecast August 3, 2017, Technical Analysis

by FX Empire | August 3, 2017 5:23 am
The Australian dollar was very volatile, as the Wednesday session has been massively supported at the 0.7950 level underneath. The 0.80 level above is significant resistance though, so it will be difficult to see a breakout above...

AUDUSD Daily Analysis – August 3, 2017

by ForexCycle.com | August 3, 2017 2:16 am
AUDUSD continued its sideways movement in a range between 0.7875 and 0.8065. Key support is at 0.7875, as long as this level holds, the uptrend could be expected to resume and another rise towards 0.8150 is still...

AUD/USD Forecast August 2, 2017, Technical Analysis

by FX Empire | August 2, 2017 5:29 am
The Australian dollar initially shot much higher during the day on Tuesday, but turned around at the 0.8050 region to fall below the 0.80 level again. This is an area that is important on charts going back...