AUDUSD Daily Analysis – November 19, 2014

by ForexCycle.com | November 19, 2014 3:14 am
AUDUSD broke below the upward trend line on 4-hour chart, indicating that the uptrend from 0.8540 had completed at 0.8795 already. Further decline to test 0.8540 support would likely be seen. Resistance is at 0.8795, only break...

AUD/USD Forecast November 18, 2014, Technical Analysis

by FX Empire | November 18, 2014 6:25 am
The AUD/USD pair fell during the session on Monday after initially gapping higher, testing the 0.88 level. That area of course is resistance as we have seen several times before, so it does not surprise us at...

AUDUSD Daily Analysis – November 18, 2014

by ForexCycle.com | November 18, 2014 2:56 am
AUDUSD stays above the upward trend line on 4-hour chart, and remains in uptrend from 0.8540, the fall from 0.8795 is likely consolidation of the uptrend. As long as the trend line support holds, the uptrend could...

AUDUSD Daily Analysis – November 17, 2014

by ForexCycle.com | November 17, 2014 2:16 am
AUDUSD continued its upward movement from 0.8540, and the rise extended to as high as 0.8784. Support is located at the rising trend line on 4-hour chart, only a clear break below the trend line support will...

AUDUSD Weekly Analysis – November 16, 2014

by ForexCycle.com | November 16, 2014 4:29 am
AUDUSD moved sideways in a trading range between 0.8540 and 0.8910. The price action in the range is likely consolidation of the downtrend from 0.9504, as long as 0.8910 resistance holds, the downtrend could be expected to...

AUD/USD Forecast November 17, 2014, Technical Analysis

by FX Empire | November 15, 2014 10:15 am
The AUD/USD pair initially fell during the course of the day on Friday, but then broke higher in order to test the 0.88 region. This is an area where we anticipate to see a lot of resistance,...

AUDUSD Daily Analysis – November 14, 2014

by ForexCycle.com | November 14, 2014 2:11 am
AUDUSD remains in uptrend from 0.8540, the fall from 0.8764 would possibly be consolidation of the uptrend. Support is located at the upward trend line on 4-hour chart, as long as the trend line support holds, the...

AUDUSD Daily Analysis – November 13, 2014

by ForexCycle.com | November 13, 2014 2:44 am
AUDUSD stays above the upward trend line on 4-hour chart, and remains in uptrend from 0.8540, and the rise extended to as high as 0.8744. As long as the trend line support holds, the uptrend could be...

AUD/USD Forecast November 12, 2014, Technical Analysis

by FX Empire | November 12, 2014 5:33 am
The AUD/USD pair broke higher during the course of the session on Tuesday, but as you can see we are heading towards the 0.88 level, an area that has been of great interest to several different moves,...

AUDUSD Daily Analysis – November 12, 2014

by ForexCycle.com | November 12, 2014 4:23 am
AUDUSD’s upward movement from 0.8540 extended to as high as 0.8719. Further rise is still possible and the target would be at 0.8750 area. Support levels are at 0.8590 and 0.8540, only break below these levels could...