AUDUSD Daily Analysis – October 26, 2016

by ForexCycle.com | October 26, 2016 2:11 am
AUDUSD broke above 0.7650 resistance, indicating that the downward movement from 0.7734 had completed at 0.7587 already. Further rise could be expected over the next several days, and next target would be at 0.7800 area. Support is...

AUD/USD Forecast October 25, 2016, Technical Analysis

by FX Empire | October 25, 2016 6:28 am
The Australian dollar initially tried to rally on Monday but turned right back around and sold off all of the gains. It appears that we will probably try to reach down towards the bottom of the recent...

AUDUSD Daily Analysis – October 25, 2016

by ForexCycle.com | October 25, 2016 3:00 am
AUDUSD remains in downtrend from 0.7734, the bounce from 0.7587 could be treated as consolidation of the downtrend. Resistance is at 0.7650, as long as this level holds, the downtrend could be expected to continue, and next...

AUDUSD Daily Analysis – October 24, 2016

by ForexCycle.com | October 24, 2016 3:03 am
AUDUSD’s downward movement from 0.7734 extended to as low as 0.7587. Further decline could be expected after a minor consolidation, and next target would be at 0.7500 area. Resistance is at 0.7650, only break above this level...

AUDUSD Weekly Analysis – October 23, 2016

by ForexCycle.com | October 23, 2016 2:27 pm
AUDUSD failed to break above 0.7755 resistance and stayed in the trading range between 0.7441 and 0.7755. Key support is at 0.7441, as long as this level holds, the price action in the range could be treated...

AUD/USD Forecast October 24, 2016, Technical Analysis

by FX Empire | October 22, 2016 6:07 am
The AUD/USD pair initially tried to rally during the day on Friday, and then turned back around to show a significant candle. At this point in time, the market breaking down below the bottom of the candle...

AUD/USD Forecast October 21, 2016, Technical Analysis

by FX Empire | October 21, 2016 6:48 am
The AUD/USD pair fell rather significantly during the course of the day on Thursday, forming a very significant bearish candle. In that being the case it’s likely that the markets will continue to see quite a bit...

AUDUSD Daily Analysis – October 21, 2016

by ForexCycle.com | October 21, 2016 2:45 am
AUDUSD broke below 0.7650 support, indicating that the uptrend from 0.7506 had completed at 0.7734 already. Further decline could be expected over the next several days, and next target would be at 0.7500 area. Resistance levels are...

AUD/USD Forecast October 20, 2016, Technical Analysis

by FX Empire | October 20, 2016 7:11 am
The AUD/USD pair initially tried to fall during the course of the day on Wednesday but found enough buyers to continue to push this market towards the 0.7750 level, which of course is a larger barrier that...

AUDUSD Daily Analysis – October 20, 2016

by ForexCycle.com | October 20, 2016 2:32 am
AUDUSD’s upward movement from 0.7506 extended to as high as 0.7734. Further rise is still possible after a minor consolidation, and next target would be at 0.7800 area. Support is at 0.7650, only break below this level...