AUDUSD Daily Analysis – July 26, 2017

by ForexCycle.com | July 26, 2017 3:55 am
Under pressure by the top trend line of the price channel on its monthly chart, AUDUSD pulled back from 0.7989 and moved sideways in a narrow range between 0.7875 and 0.7989. As long as 0.7830 support holds,...

AUD/USD Forecast July 25, 2017, Technical Analysis

by FX Empire | July 25, 2017 6:07 am
The Australian dollar initially when higher during the day and then pulled back on Monday as we continue to see volatility. The 0.80 level above should be massive resistance, but if we can break above there I...

AUDUSD Daily Analysis – July 25, 2017

by ForexCycle.com | July 25, 2017 2:08 am
AUDUSD is in consolidation of the uptrend from 0.7571. Range trading between 0.7830 and 0.7989 would likely be seen in a couple of days. Support is at 0.7830, as long as the pair is above this level,...

AUDUSD Daily Analysis – July 24, 2017

by ForexCycle.com | July 24, 2017 1:57 am
AUDUSD broke below the rising trend line on its 4-hour chart, indicating that the bullish movement from 0.7571 had completed at 0.7989 already. Range trading between 0.7830 and 0.7989 would likely be seen in a couple of...

AUDUSD Weekly Analysis – July 22, 2017

by ForexCycle.com | July 22, 2017 8:00 am
AUDUSD extended its bullish movement to as high as 0.7989. Now the pair is facing the resistance of the bearish price channel on its monthly chart at around 0.7900. A clear break above the channel resistance could...

AUD/USD Forecast July 24, 2017, Technical Analysis

by FX Empire | July 22, 2017 7:03 am
The Australian dollar fell initially during the day on Friday, but bounced somewhat significantly as we broke above the 0.79 handle again. Because of this, the market was very likely to continue to be choppy, but I...

AUD/USD Forecast July 21, 2017, Technical Analysis

by FX Empire | July 21, 2017 5:04 am
The Australian dollar initially fell during the day on Thursday, but turned around to reach towards the 0.7975 level. By doing so, we end up forming a very bullish looking candle, as it appears that we are...

AUDUSD Daily Analysis – July 21, 2017

by ForexCycle.com | July 21, 2017 2:01 am
AUDUSD stays above the bullish trend line on its 4-hour chart and remains in the uptrend from 0.7571. As long as the trend line support holds, the fall from 0.7989 could be treated as consolidation of the...

AUDUSD Daily Analysis – July 20, 2017

by ForexCycle.com | July 20, 2017 4:48 am
AUDUSD stays above a bullish trend line on its 4-hour chart and remains in uptrend from 0.7571. As long as the trend line support holds, the fall from 0.7989 could be treated as consolidation of the uptrend....

AUDUSD Broke Above 0.7834 Resistance

by ForexCycle.com | July 19, 2017 5:04 am
AUDUSD recently broke above a major resistance at the April 2016 high of 0.7834, indicating that the sideways movement in the range between 0.7144 and 0.7834 is complete. The AUDUSD pair stays above a bullish trend line...