AUDUSD Weekly Analysis – April 10, 2016

by ForexCycle.com | April 10, 2016 7:51 am
AUDUSD is facing the support of the upward price channel on daily chart. As long as the channel support holds, the fall from 0.7722 could be treated as consolidation of the uptrend from 0.6826, another rise could...

AUD/USD Forecast April 8, 2016, Technical Analysis

by FX Empire | April 8, 2016 6:18 am
The AUD/USD pair initially tried to rally during the course of the session on Thursday, but turn right back around to crash into the 0.75 level below. We believe that there is a significant amount of support...

AUD/USD Forecast April 7, 2016, Technical Analysis

by FX Empire | April 7, 2016 8:57 am
The AUD/USD pair initially fell on Wednesday but found enough support just above the 0.75 level again to bounce. Because of this, it’s very likely that we will continue to go higher forward, but we recognize it...

AUD/USD Forecast April 6, 2016, Technical Analysis

by FX Empire | April 6, 2016 6:02 am
AUD/USD pair initially tried to rally during the day on Tuesday but turn right back around to fall into the 0.75 handle. The 0.75 handle has support all the way to the 0.74 level below it, so...

AUD/USD Forecast April 5, 2016, Technical Analysis

by FX Empire | April 5, 2016 6:56 am
The AUD/USD pair fell slightly during the day on Monday, but essentially did nothing. Keep in mind that we have an interest rate decision coming out of the Reserve Bank of Australia today, and that of course...

AUD/USD Forecast April 4, 2016, Technical Analysis

by FX Empire | April 4, 2016 6:48 am
The AUD/USD pair initially fell during the course of the session on Friday, but turn right back around to form a bit of a hammer. This was preceded by a couple of shooting stars though, so it...

AUDUSD Ascending Channel (Apr 4, 2016)

by Kate Curtis | April 4, 2016 6:13 am
AUDUSD has been trending higher on its short-term time frames, moving inside an ascending channel visible on the 1-hour and 4-hour charts. Price is currently testing the top of the channel around the .7700 major psychological level...

AUDUSD Weekly Analysis – April 3, 2016

by ForexCycle.com | April 3, 2016 9:06 am
AUDUSD stays in the upward price channel on daily chart, and remains in uptrend from 0.6826. As long as the channel support holds, the uptrend could be expected to continue, and next target would be at 0.8000...

AUD/USD Forecast April 1, 2016, Technical Analysis

by FX Empire | April 1, 2016 5:53 am
The AUD/USD pair initially tried to rally during the course of the session on Thursday, but turn right back around to form a shooting star. With that being the case, the market looks as if it will...

AUD/USD Forecast March 31, 2016, Technical Analysis

by FX Empire | March 31, 2016 8:05 am
The AUD/USD pair initially rose during the course of the day on Wednesday, but turn right back around to form a bit of a shooting star. The shooting star of course is near the top of the...