AUDUSD Daily Analysis – December 23, 2014

by ForexCycle.com | December 23, 2014 2:57 am
AUDUSD stays below the downward trend line on 4-hour chart, and remains in downtrend from 0.8794. Further decline would likely be seen, and next target would be at 0.8000 area. Key resistance is at 0.8275, only break...

AUDUSD Daily Analysis – December 22, 2014

by ForexCycle.com | December 22, 2014 3:31 am
AUDUSD remains in downtrend from 0.8794. As long as the trend line resistance holds, the downtrend could be expected to continue, and next target would be at 0.8000 area. Key resistance is at 0.8275, only break above...

AUDUSD Weekly Analysis – December 21, 2014

by ForexCycle.com | December 21, 2014 5:31 am
AUDUSD stays below the downward trend line on daily chart, and remains in downtrend from 0.9504. As long as the trend line resistance holds, the downtrend could be expected to continue, and next target would be at...

AUD/USD Forecast December 22, 2014, Technical Analysis

by FX Empire | December 21, 2014 5:25 am
The AUD/USD pair broke lower during the session on Friday, testing the lows yet again. With that, it appears that the market should continue to break down a little bit, heading towards the 0.80 level. Ultimately, the...

AUD/USD Forecast December 19, 2014, Technical Analysis

by FX Empire | December 19, 2014 5:55 am
The AUD/USD pair as you can see initially went higher during the course of the session on Thursday, but we feel that the sellers above of course should continue to punish the Australian dollar as not only...

AUDUSD Daily Analysis – December 19, 2014

by ForexCycle.com | December 19, 2014 1:10 am
AUDUSD stays below the downward trend line on 4-hour chart, and remains in downtrend from 0.8795. As long as the trend line resistance holds, the downtrend could be expected to continue, and next target would be at...

AUD/USD Forecast December 18, 2014, Technical Analysis

by FX Empire | December 18, 2014 8:05 am
The AUD/USD pair rose during the course of the day on Wednesday, bouncing slightly and breaking above the 0.82 level at one point. However, we think that any rally at this point in time should be a...

AUDUSD Daily Analysis – December 18, 2014

by ForexCycle.com | December 18, 2014 2:36 am
AUDUSD’s downward movement from 0.8795 extended to as low as 0.8106. Further decline could be expected, and next target would be at 0.8000 area. Near term resistance is at the falling trend line on 4-hour chart, only...

AUD/USD Forecast December 17, 2014, Technical Analysis

by FX Empire | December 17, 2014 5:26 am
The AUD/USD pair originally broke higher during the session on Tuesday, but as you can see the sellers step back in and started pushing the market down at the 0.8250 level. Ultimately, we ended up forming a...

AUDUSD Daily Analysis – December 17, 2014

by ForexCycle.com | December 17, 2014 3:48 am
AUDUSD continued its downward movement from 0.8795, and the fall extended to as low as 0.8162. Resistance is at the downward trend line on 4-hour chart, as long as the trend line resistance holds, the downtrend could...