AUDUSD Daily Analysis – February 22, 2017

by ForexCycle.com | February 22, 2017 3:35 am
AUDUSD stays in a upward price channel on 4-hours chart. Near term support is located at the bottom of the channel. As long as the channel support holds, the uptrend from 0.7159 (Dec 26, 2016 low) could...

AUD/USD Forecast February 21, 2017, Technical Analysis

by FX Empire | February 21, 2017 8:59 am
The AUD/USD pair initially fell on Monday, but found enough bullish pressure at the 0.7650 level to show signs of continuation in the uptrend. The market should then reach towards the 0.7750 level. That area continues to...

AUDUSD Daily Analysis – February 20, 2017

by ForexCycle.com | February 20, 2017 4:22 am
AUDUSD remains in uptrend from 0.7159 (Dec 26, 2016 low), the fall from 0.7731 is likely consolidation of the uptrend. Key support is at 0.7605, as long as this level holds, the uptrend could be expected to...

AUDUSD Weekly Analysis – February 19, 2017

by ForexCycle.com | February 19, 2017 9:08 am
AUDUSD’s upward movement from 0.7158 extended to as high as 0.7731. Key support is at 0.7511 level. As long as this level holds, the uptrend could be expected to continue, and next target would be at 0.8000...

AUD/USD Forecast February 20, 2017, Technical Analysis

by FX Empire | February 19, 2017 1:43 am
The AUD/USD pair initially tried to rally on Friday, but then dropped down to the 0.7650 region. I think their significant support at the 0.76 handle underneath, so I’m waiting to see whether or not the market...

AUD/USD Forecast February 17, 2017, Technical Analysis

by FX Empire | February 17, 2017 8:09 am
AUD/USD had an interesting session during the Thursday trading hours, as we reached towards the 0.7750 level. We turned around to form and exhaustive candle, and as a result I think we will more than likely try...

AUD/USD Forecast February 16, 2017, Technical Analysis

by FX Empire | February 16, 2017 6:06 am
The AUD/USD pair initially fell on Wednesday, but found enough support to turn things around and break out to a fresh, new high. Because of this, I think we’re going to try to reach towards the 0.7750...

AUDUSD Countertrend Play (Feb 16, 2017)

by Kate Curtis | February 16, 2017 5:52 am
AUDUSD has been trending higher on its short-term time frames, moving inside an ascending channel on its 1-hour chart. Price is currently testing the resistance at the .7700 major psychological level and might be due for a...

AUDUSD Daily Analysis – February 16, 2017

by ForexCycle.com | February 16, 2017 3:19 am
AUDUSD broke above 0.7695 resistance and continued its upward movement from 0.7159 (Dec 26, 2016 low). Further rise could be expected in a couple of days, and next target would be at 0.7800 area. Key support is...

AUDUSD Short-Term Range (Feb 15, 2017)

by Kate Curtis | February 15, 2017 4:17 am
AUDUSD bounced off support around the .7615 area once more and is now making its way back to the top of its short-term range visible on the 1-hour time frame. Price could find resistance near .7700 and...