AUDUSD Daily Analysis – September 13, 2016

by ForexCycle.com | September 13, 2016 2:18 am
Being contained by 0.7489 support, AUDUSD rebounded from 0.7493. However another fall to re-test this support level is still possible after a minor consolidation, below this level will indicate that the uptrend from 0.7144 (May 24 low)...

AUDUSD Daily Analysis – September 12, 2016

by ForexCycle.com | September 12, 2016 2:08 am
AUDUSD failed to break above 0.7755 resistance and is now facing 0.7489 support. A breakdown below this level will indicate that the uptrend from 0.7144 (May 24 low) had completed at 0.7755 already, then next target would...

AUDUSD Weekly Analysis – September 11, 2016

by ForexCycle.com | September 11, 2016 9:14 am
AUDUSD’s upward movement may have completed at 0.7755 already. Key support is at 0.7489, a breakdown below this level could bring price to 0.6900 zone. However, as long as 0.7489 support holds, one more rise to 0.8000...

AUD/USD Forecast September 12, 2016, Technical Analysis

by FX Empire | September 11, 2016 1:31 am
The AUD/USD pair fell rather rapidly during the course of the session on Friday, but as you can see there are a lot of support at various just below, so having said that I think that we...

AUD/USD Forecast September 9, 2016, Technical Analysis

by FX Empire | September 9, 2016 6:34 am
The AUD/USD pair initially tried to rally during the course of the day on Thursday, but then turned right back around to form a nasty looking shooting star. A break down below the bottom the candle is...

AUDUSD Daily Analysis – September 9, 2016

by ForexCycle.com | September 9, 2016 3:02 am
Being contained by 0.7755 resistance, AUDUSD pulled back from 0.7731. However, the fall would possibly be consolidation of the uptrend from 0.7489. Another rise is still possible after consolidation, and next target would be at 0.7800 area....

AUD/USD Forecast September 8, 2016, Technical Analysis

by FX Empire | September 8, 2016 7:57 am
The Australian dollar had a very neutral candle as we continue to hover around the 0.7650 level. Having said that, I think that pullbacks will eventually bring back buyers, on signs of support. A break above the...

AUDUSD Daily Analysis – September 7, 2016

by ForexCycle.com | September 7, 2016 6:01 am
AUDUSD broke above the downward trend line on 4-hour chart, indicating that the downtrend from 0.7755 had completed at 0.7489 already. Further rise to test 0.7755 resistance could be seen over the next several days. Support level...

AUD/USD Forecast September 7, 2016, Technical Analysis

by FX Empire | September 7, 2016 4:23 am
The AUD/USD pair broke higher during the course of the session on Tuesday, slamming into the 0.7675 handle. This is an area that was pretty big resistance, and now that we get an interest-rate announcement coming out...

AUD/USD Forecast September 6, 2016, Technical Analysis

by FX Empire | September 6, 2016 6:07 am
The AUD/USD pair rallied slightly during the day on Monday, but we await the Reserve Bank of Australia and its interest-rate announcement first thing in the morning. With this, it’s likely to see a lot of volatility...