AUD/USD Forecast March 1, 2017, Technical Analysis

by FX Empire | March 1, 2017 6:03 am
The AUD/USD pair bounced off the 0.7650 level during the session on Tuesday, as we continue to consolidate overall. The market should then reach towards the 0.7740 level, and eventually I think we break above the 0.7750...

AUDUSD Channel Breakout and Pullback (Mar 01, 2017)

by Kate Curtis | March 1, 2017 5:04 am
AUDUSD recently broke below its ascending channel visible on the 1-hour and 4-hour time frames. Price has dipped to a low of .7635 before showing signs of a pullback. Applying the Fib tool on the swing high...

AUDUSD Daily Analysis – March 1, 2017

by ForexCycle.com | March 1, 2017 2:48 am
AUDUSD broke below the bottom of the price channel on 4-hours chart, implying that the uptrend from 0.7159 (Dec 26, 2016 low) had completed at 0.7740 already. Further fall to test 0.7605 key support is possible, a...

AUD/USD Forecast February 28, 2017, Technical Analysis

by FX Empire | February 28, 2017 6:17 am
The AUD/USD pair chopped around during the day on Monday, as we continue to see quite a bit of volatility. The market should then try to reach towards the 0.7750 level above, so I feel that it’s...

AUDUSD Daily Analysis – February 27, 2017

by ForexCycle.com | February 27, 2017 2:47 am
AUDUSD is facing the support of the price channel on 4-hours chart. As long as the pair stays in the channel, the uptrend from 0.7159 (Dec 26, 2016 low) could be expected to continue, and next target...

AUDUSD Weekly Analysis – February 26, 2017

by ForexCycle.com | February 26, 2017 1:51 pm
AUDUSD remains in uptrend from 0.7158. Further rise is still possible after a minor consolidation, and next target would be at 0.8000 area. Key support is at 0.7511, only break below this level could bring price back...

AUD/USD Forecast February 27, 2017, Technical Analysis

by FX Empire | February 25, 2017 3:00 pm
The AUD/USD pair fell significantly during the day on Friday but bounced off the 0.7670 area, showing signs that there is plenty of support. We have a lot of resistance above, but given enough time I feel...

AUDUSD Daily Analysis – February 24, 2017

by ForexCycle.com | February 24, 2017 4:05 am
AUDUSD’s upward movement from 0.7159 (Dec 26, 2016 low) extended further to as high as 0.7740. Near term support is at the bottom of the price channel on 4-hour chart. As long as the channel support holds,...

AUD/USD Forecast February 23, 2017, Technical Analysis

by FX Empire | February 23, 2017 8:02 am
The Australian dollar rallied a bit during the day on Wednesday, but found a bit of resistance at the 0.77 handle. Nonetheless, I believe that it’s only a matter of time before the Aussie continues to climb,...

AUD/USD Forecast February 22, 2017, Technical Analysis

by FX Empire | February 22, 2017 8:17 am
The AUD/USD pair fell on Tuesday, but found enough support near the 0.7650 level to turn things around to form a hammer. The hammer of course is a very bullish sign, and if we can break above...