AUD/USD Forecast May 4, 2016, Technical Analysis

by FX Empire | May 4, 2016 6:01 am
The AUD/USD pair fell significantly during the course of the session on Tuesday, crashing into the 0.75 support level. I believe that there is support all the way down to the 0.74 level, so a supportive candle...

AUD/USD Forecast May 3, 2016, Technical Analysis

by FX Empire | May 3, 2016 5:41 am
The AUD/USD pair rose during the course of the session on Monday, as we continue to find buyers every time this market pulls down. Ultimately, it appears that the 0.75 level below is massively supportive, and with...

AUDUSD Weekly Analysis – May 1, 2016

by ForexCycle.com | May 1, 2016 8:18 am
AUDUSD broke below the support of the upward price channel on daily chart. Deeper decline to test 0.7450 key support is possible next week, a breakdown below this level will indicate that the uptrend from 0.6826 had...

AUD/USD Forecast May 2, 2016, Technical Analysis

by FX Empire | April 30, 2016 2:03 pm
The AUD/USD pair fell during the course of the session on Friday, but there is plenty of support just below. That being the case, the market looks as if the buyers are below, and it should continue...

AUD/USD Forecast April 29, 2016, Technical Analysis

by FX Empire | April 29, 2016 6:46 am
The AUD/USD pair bounced a bit during the course of the session on Thursday, showing quite a bit of resilience. The market seems to have quite a bit of support below, near the 0.75 handle. With this,...

AUD/USD Forecast April 28, 2016, Technical Analysis

by FX Empire | April 28, 2016 8:09 am
The AUD/USD pair fell during the course of the session on Wednesday, breaking below the 0.76 level at one point. This is a market that has plenty of support below though, especially at the 0.75 handle. With...

AUD/USD Forecast April 27, 2016, Technical Analysis

by FX Empire | April 27, 2016 6:03 am
The AUD/USD pair tried to rally during the day on Tuesday, but failed to hang onto about half of the gains. This is a relatively weak looking candle, and with that being the case it looks as...

AUD/USD Forecast April 26, 2016, Technical Analysis

by FX Empire | April 26, 2016 6:05 am
The AUD/USD pair went back and forth during the course of the day on Monday, as we simply continue to test support at the 0.77 level. With this being the case, the market should continue to go...

AUDUSD Weekly Analysis – April 24, 2016

by ForexCycle.com | April 24, 2016 7:38 am
AUDUSD continued its upward movement from 0.6826, and the rise extended to as high as 0.7834. Further rise is still possible in a couple of weeks, and next target would be at 0.8000 area. Near term support...

AUD/USD Forecast April 25, 2016, Technical Analysis

by FX Empire | April 24, 2016 6:14 am
The AUD/USD pair initially tried to rally during the day on Friday, but turned back around to form a slightly negative candle. The 0.77 level offered a bit of support, and it now looks as if we...