AUDUSD Weekly Analysis – July 17, 2016

by ForexCycle.com | July 17, 2016 3:02 pm
AUDUSD’s upward movement from 0.7144 extended to as high as 0.7676. However, the rise would possibly be correction of the downtrend from 0.7834, another fall is still possible after correction, and next target would be at 0.6900.

AUD/USD Forecast July 13, 2016, Technical Analysis

by FX Empire | July 13, 2016 6:18 am
The AUD/USD pair broke out to the upside during the course the day on Tuesday, forming a very strong candle as we crashed into the 0.7650 level. Because of this, if we continue to go higher and...

AUD/USD Forecast July 12, 2016, Technical Analysis

by FX Empire | July 12, 2016 8:15 am
The AUD/USD pair initially tried to rally but then turn right back around during the day on Monday to turn back around and reach towards the 0.75 level. Any type of supportive candle in this general vicinity...

AUD/USD Forecast July 11, 2016, Technical Analysis

by FX Empire | July 11, 2016 6:06 am
The AUD/USD pair initially fell during the course of the day but then broke out to the upside as the 0.75 level gateway. This bullish candle should signal that we are going to continue going higher, and...

AUDUSD Weekly Analysis – July 10, 2016

by ForexCycle.com | July 10, 2016 1:37 pm
No changed in our view, AUDUSD remains in downtrend from 0.7834, the rise from 0.7144 would possibly be correction of the downtrend. Another fall could be expected after correction and next target would be at 0.6900.

AUD/USD Forecast July 8, 2016, Technical Analysis

by FX Empire | July 8, 2016 6:48 am
The AUD/USD pair had a slightly negative session as we continue to hug the 0.75 level. This is an area that continues to attract quite a bit of attention so at this point in time I believe...

AUD/USD Forecast July 7, 2016, Technical Analysis

by FX Empire | July 7, 2016 6:29 am
The AUD/USD pair initially fell during the course of the day on Wednesday but turn right back around to break above the 0.75 level. With this, I do believe that the Australian dollar will more than likely...

AUD/USD Forecast July 6, 2016, Technical Analysis

by FX Empire | July 6, 2016 5:49 am
The AUD/USD pair fell a bit during the course of the day on Tuesday as traders returned from the Independence Day holiday in America. The 0.76 level appears to be offering quite a bit of resistance, so...

AUD/USD Forecast July 5, 2016, Technical Analysis

by FX Empire | July 5, 2016 6:04 am
The AUD/USD pair broke above the 0.75 level during the day on Monday, but we are still below the pressure that had formed a shooting star from the previous week. Because of this I believe that the...

AUD/USD Forecast July 4, 2016, Technical Analysis

by FX Empire | July 4, 2016 7:16 am
The AUD/USD  rose slightly during the Friday, testing the 0.75 level. However, price did not break above it and there is a shooting star from the previous week to worry about. With that in mind, I think we...