AUD/USD Forecast November 15, 2016, Technical Analysis

by FX Empire | November 15, 2016 6:09 am
The AUD/USD pair did very little on Monday, as we continue to meander just above the uptrend line that has been so supportive on the longer-term charts. Beyond that, we also have the 0.75 level just below,...

AUDUSD Daily Analysis – November 15, 2016

by ForexCycle.com | November 15, 2016 1:29 am
AUDUSD broke below 0.7557 support. Further decline could be expected in a couple of days, and next target would be at 0.7400 area. Resistance is at 0.7650, as long as this level holds, the downtrend will continue.

AUDUSD Weekly Analysis – November 13, 2016

by ForexCycle.com | November 13, 2016 7:14 am
AUDUSD continued its sideways movement in a range between 0.7441 and 0.7778. As long as 0.7441 key support holds, the sideways movement could be treated as consolidation of the uptrend from 0.7144, and further rise to 0.8000...

AUD/USD Forecast November 14, 2016, Technical Analysis

by FX Empire | November 13, 2016 5:47 am
The AUD/USD pair had a negative candle form for the session on Friday, reaching towards the 0.75 level. That is an area that has been important more than once, and the uptrend line of course continues to...

AUD/USD Forecast November 11, 2016, Technical Analysis

by FX Empire | November 11, 2016 6:03 am
The AUD/USD pair initially rallied on Thursday, but continues to find the 0.7750 level above massively resistive. Because of this, we did up falling rather significantly and now it looks like we are going to continue to...

AUDUSD Daily Analysis – November 11, 2016

by ForexCycle.com | November 11, 2016 3:04 am
AUDUSD is facing 0.7557 support, a breakdown below this level will confirm that the uptrend from 0.7506 had completed at 0.7778 already, then the following downward movement could bring price to 0.7000 area.

AUD/USD Forecast November 10, 2016, Technical Analysis

by FX Empire | November 10, 2016 5:34 am
The AUD/USD pair initially tried to break out above the 0.775 level on Wednesday, but found enough volatility and more importantly resistance to turn the market back around. The market looks absolutely exhausted though, and as a...

AUD/USD Forecast November 9, 2016, Technical Analysis

by FX Empire | November 9, 2016 7:08 am
The AUD/USD pair fell initially on Tuesday but we did have enough bullish pressure under need to continue the move higher. Because of this, I feel that it is only a matter of time before we reach...

AUDUSD Daily Analysis – November 9, 2016

by ForexCycle.com | November 9, 2016 2:34 am
AUDUSD’s upward movement from 0.7557 had completed at 0.7778 already. Deeper decline could be expected in a couple of days, and next target would be at 0.7550 area.

AUD/USD Forecast November 8, 2016, Technical Analysis

by FX Empire | November 8, 2016 7:41 am
The AUD/USD pair initially fell on Monday but then found buyers to push the market higher. The gold markets fell during the day, and then reached towards the 0.7750 level. There is an exhaustive amount of resistance...