AUDUSD Daily Analysis – January 27, 2017

by ForexCycle.com | January 27, 2017 1:12 am
AUDUSD moved sideways in a trading range between 0.7493 and 0.7608. As long as 0.7493 support holds, the price action in the range could be treated as consolidation of the uptrend from 0.7159, and further rise to...

AUD/USD Forecast January 26, 2017, Technical Analysis

by FX Empire | January 26, 2017 7:21 am
The AUD/USD pair fell on Wednesday, but found enough support at the 0.75 level underneath. We turned around to form a hammer, which of course is a bullish candle. Looking at this market, it looks as if...

AUDUSD Daily Analysis – January 26, 2017

by ForexCycle.com | January 26, 2017 3:12 am
AUDUSD’s upward movement from 0.7159 extended to as high as 0.7608. Further rise could be expected after a minor consolidation, and next target would be at 0.7700 area. Support is now at 0.7493, only break below this...

AUDUSD Daily Analysis – January 23, 2017

by ForexCycle.com | January 23, 2017 2:11 am
AUDUSD remains in uptrend from 0.7159, and the rise extended to as high as 0.7588. Near term support is at the bottom of the price channel on 4-hour chart. As long as the channel support holds, the...

AUDUSD Weekly Analysis – January 22, 2017

by ForexCycle.com | January 22, 2017 5:44 am
AUDUSD is now in uptrend from 0.7158. Further rise could be expected over the next several weeks, and next target would be at 0.8000 area. Support is at 0.7300, only break below this level could trigger another...

AUD/USD Forecast January 23, 2017, Technical Analysis

by FX Empire | January 21, 2017 7:30 am
The AUD/USD pair went back and forth during the day on Friday, as we continue to see support at the 0.75 handle underneath. If we can break down below there, the market will go much lower but...

AUD/USD Forecast January 20, 2017, Technical Analysis

by FX Empire | January 20, 2017 6:14 am
The Australian dollar rallied on Thursday, showing that the 0.75 level as support. As we continue to grind back and forth just above the 0.75 level again as we see so much in the way of volatility...

AUDUSD Daily Analysis – January 20, 2017

by ForexCycle.com | January 20, 2017 3:21 am
AUDUSD failed to break below the upward trend line on 4-hour chart, and continued its upward movement from 0.7159. As long as the trend line support holds, the uptrend could be expected to continue, and next target...

AUD/USD Forecast January 19, 2017, Technical Analysis

by FX Empire | January 19, 2017 6:06 am
The Australian dollar fell initially on Wednesday, but found enough support to turn around and formed a hammer. If we can break above the top of the hammer, I believe that the market will continue to go...

AUDUSD Daily Analysis – January 19, 2017

by ForexCycle.com | January 19, 2017 3:42 am
AUDUSD is facing the support of the upward trend line on 4-hour chart. As long as the trend line support holds the fall from 0.7568 could be treated as consolidation of the uptrend from 0.7159, and further...