AUD/USD Forecast April 3, 2017, Technical Analysis

by FX Empire | April 1, 2017 12:55 pm
AUD/USD daily chart, April 03, 2017 The AUD/USD pair had a volatile session during the day on Friday, as the 50-day exponential moving average continues to offer support. A break above the top of the candle should...

AUD/USD Forecast March 30, 2017, Technical Analysis

by FX Empire | March 30, 2017 7:15 am
AUD/USD daily chart, March 30, 2017 The AUD/USD pair broke higher during the day on Wednesday, clearing the 0.7650 level at one point. I believe that the market is going to continue to go higher, but there...

AUDUSD Daily Analysis – March 30, 2017

by ForexCycle.com | March 30, 2017 12:54 am
AUDUSD is now in uptrend from 0.7587. Further rise could be expected in a couple of days and next target would be at 0.7800 area. Support is at 0.7625, as long as this level holds, the uptrend...

AUD/USD Forecast March 29, 2017, Technical Analysis

by FX Empire | March 29, 2017 6:31 am
AUD/USD daily chart, March 29, 2017 The AUD/USD pair initially fell during the day on Tuesday but found enough support at the 61.8% Fibonacci retracement level to turn around and form a very bullish candle. Because of...

AUDUSD Daily Analysis – March 29, 2017

by ForexCycle.com | March 29, 2017 3:38 am
AUDUSD broke above 0.7648 resistance, indicating that the downward movement from 0.7749 had completed at 0.7587 already. Further rise could be expected in a couple of days and next target would be at 0.7700 area. Support level...

AUD/USD Forecast March 28, 2017, Technical Analysis

by FX Empire | March 28, 2017 9:17 am
AUD/USD daily chart, March 28, 2017 The AUD/USD pair initially tried to rally during the day on Monday, but turned around to form a negative candle. It looks as if the 50-day exponential moving average underneath will...

AUDUSD Daily Analysis – March 28, 2017

by ForexCycle.com | March 28, 2017 3:41 am
AUDUSD stays in the descending price channel on 4-hours chart and remains in downtrend from 0.7749. Further decline is still possible after a minor consolidation, and next target would be at 0.7550 area. Resistance is at 0.7648,...

AUDUSD Daily Analysis – March 27, 2017

by ForexCycle.com | March 27, 2017 2:19 am
AUDUSD remains in downtrend from 0.7749. Further decline could be expected in a couple of days and next target would be at 0.7550 area. Resistance is at the top of the price channel on 4-hours chart, only...

AUD/USD Forecast March 27, 2017, Technical Analysis

by FX Empire | March 26, 2017 2:18 am
AUD/USD daily chart, March 27, 2017 The AUD/USD pair went back and forth during the day on Friday but found enough support at the 50-day exponential moving average to find a bit of buying pressure. I think...

AUDUSD Weekly Analysis – March 25, 2017

by ForexCycle.com | March 25, 2017 12:59 am
AUDUSD failed to break above 0.7778 resistance again and pulled back to 0.7600 area, indicating that lengthier consolidation for the uptrend from 0.7158 is needed. However, as long as the pair stays above 0.7490 support, another rise...