AUD/USD Forecast March 4, 2016, Technical Analysis

by FX Empire | March 4, 2016 6:05 am
The AUD/USD pair broke higher during the course of the session on Thursday, as we have cleared a massive resistance barrier in the form of the previous uptrend line. Because of this, the market looks as if...

AUD/USD Forecast March 3, 2016, Technical Analysis

by FX Empire | March 3, 2016 7:35 am
The AUD/USD pair broke out during the day on Wednesday as we cleared the uptrend line that had previously been so resistive. Because of this, looks as if we should continue to go higher in the Australian...

AUD/USD Forecast March 2, 2016, Technical Analysis

by FX Empire | March 2, 2016 5:50 am
The AUD/USD pair broke higher during the course of the session on Tuesday, but we still see quite a bit of resistance above that could keep this market somewhat negative. Yes, we’ve been grinding higher for some...

AUD/USD Forecast March 1, 2016, Technical Analysis

by FX Empire | March 1, 2016 5:24 am
The AUD/USD pair bounced at the open on Monday, but quite frankly with the massively negative candle that we had formed on Friday, we are still very bearish of this market. On a break below the bottom...

AUDUSD Ascending Channel (Feb 29, 2016)

by Kate Curtis | February 29, 2016 6:50 am
AUDUSD has been trending higher in the past weeks, trading above an ascending channel on its 1-hour time frame. Price is currently testing the trend line support and might be due for a bounce or a break....

AUDUSD Weekly Analysis – February 28, 2016

by ForexCycle.com | February 28, 2016 1:19 pm
AUDUSD’s rise from 0.6826 extended to as high as 0.7258. Further rise to test 0.7439 key resistance is possible next week, as long as this level holds, the price action in the range between 0.6826 and 0.7439...

AUD/USD Forecast February 29, 2016, Technical Analysis

by FX Empire | February 27, 2016 7:09 am
The AUD/USD pair formed a massive bearish candle during the day on Friday, and as far as the week is concerned we ended up forming a shooting star. That being the case, if we break down below...

AUD/USD Forecast February 26, 2016, Technical Analysis

by FX Empire | February 26, 2016 6:25 am
The AUD/USD pair broke higher during the course of the session on Thursday, but we still remain well below the previous uptrend line that we have been using as a resistance barrier. It’s not until we get...

AUD/USD Forecast February 25, 2016, Technical Analysis

by FX Empire | February 25, 2016 9:03 am
The AUD/USD pair initially fell during the day on Wednesday, but found buyers near the 0.7125 level. By doing so, we turned around to form a hammer and it looks as if we are trying to build...

AUD/USD Forecast February 24, 2016, Technical Analysis

by FX Empire | February 24, 2016 5:57 am
The AUD/USD pair went back and forth during the day on Tuesday but turned back around to form a bit of a shooting star. The shooting star is right at the previous uptrend line that should now...