AUD/USD Forecast August 10, 2016, Technical Analysis

by FX Empire | August 10, 2016 8:18 am
The AUD/USD pair fell initially during the course of the session on Tuesday, but turned back around to form a hammer as we press up against the massive resistance at the 0.7675 level. With this being the...

AUD/USD Forecast August 8, 2016, Technical Analysis

by FX Empire | August 8, 2016 7:44 am
The AUD/USD pair went back and forth during the course of the session on Friday, as we got stronger than anticipated jobs numbers coming out of the United States. However, this is a market that has been...

AUDUSD Weekly Analysis – August 7, 2016

by ForexCycle.com | August 7, 2016 2:27 pm
AUDUSD remains in uptrend from 0.7144. Further rise could be expected in a couple of weeks, and next target would be at 0.8000 area. Near term support is at 0.7400, only break below this level could bring...

AUD/USD Forecast August 5, 2016, Technical Analysis

by FX Empire | August 5, 2016 5:53 am
The AUD/USD pair rose slightly during the day on Thursday, as we continue to see bullish pressure. However, the 0.77 level above continues offer resistance, so we need a break above there before we can start buying...

AUD/USD Forecast August 4, 2016, Technical Analysis

by FX Empire | August 4, 2016 6:21 am
The AUD/USD pair went back and forth during the course of the day on Wednesday, essentially settling on a neutral candle. There is quite a bit of support just below though, so ultimately it’s very likely that...

AUD/USD Forecast August 3, 2016, Technical Analysis

by FX Empire | August 3, 2016 8:29 am
The AUD/USD pair went back and forth during the course of the day on Tuesday, crashing into the 0.75 level, and then shooting towards the 0.7650 handle. After the interest-rate announcement and statement, it appears that the...

AUD/USD Forecast August 2, 2016, Technical Analysis

by FX Empire | August 2, 2016 6:42 am
The AUD/USD pair initially tried to rally during the course of the session on Monday, but turn right back around to form a bit of a shooting star. However, we have an interest rate decision coming out...

AUD/USD Forecast August 1, 2016, Technical Analysis

by FX Empire | August 1, 2016 6:15 am
The AUD/USD pair rallied during the day on Friday, breaking the top of a couple of candles previously printed during the week. With this, I believe that the market continues to go higher as we crashed into...

AUDUSD Weekly Analysis – July 31, 2016

by ForexCycle.com | July 31, 2016 10:27 am
AUDUSD’s upward movement from 0.7144 extended to as high as 0.7676. Further rise would likely be seen after a minor consolidation, and next target would be at 0.8000 area. Near term support is at 0.7400, only break...

AUD/USD Forecast July 29, 2016, Technical Analysis

by FX Empire | July 29, 2016 5:59 am
The AUD/USD pair rose initially during the course of the session on Thursday, but turned back around form a bit of a shooting star. We are sitting just above the 0.75 handle, and that’s an area that...