AUDUSD Daily Analysis – August 1, 2014

by ForexCycle.com | August 1, 2014 1:22 am
AUDUSD’s downward movement from 0.9470 extended to as low as 0.9278. Further decline would likely be seen, and next target would be at 0.9250 area. Resistance is at 0.9325, only break above this level could signal completion...

AUD/USD Triangle Breakout (July 31, 2014)

by Kate Curtis | July 31, 2014 7:43 am
AUD/USD had been trading inside an ascending triangle chart pattern for quite some time before breaking to the downside and indicating that further losses could be in the cards. Price has found a bit of support at...

AUD/USD Forecast July 31, 2014, Technical Analysis

by FX Empire | July 31, 2014 5:48 am
The AUD/USD pair initially fell during the session on Wednesday, but as you can see found enough support near the 0.93 handle in order to turn things back around and show a bit of support towards end...

AUDUSD Daily Analysis – July 31, 2014

by ForexCycle.com | July 31, 2014 2:27 am
AUDUSD broke below 0.9328 support, and reached as low as 0.9302. Further decline is still possible in a couple of days, and next target would be at 0.9250 area. Resistance is at 0.9345, as long as this...

AUD/USD Forecast July 30, 2014, Technical Analysis

by FX Empire | July 30, 2014 6:52 am
The AUD/USD pair fell during the day on Tuesday, breaking the back of the hammer that informed on Monday. Because of this, it appears of the market is ready to drift lower, possibly down to the 0.9350...

AUDUSD Daily Analysis – July 30, 2014

by ForexCycle.com | July 30, 2014 2:33 am
AUDUSD continued its downward movement from 0.9470, and the fall extended to as low as 0.9373. Further decline to test 0.9328 support could be expected in a couple of days. Resistance is at 0.9415, only break above...

AUD/USD Forecast July 29, 2014, Technical Analysis

by FX Empire | July 29, 2014 6:28 am
The AUD/USD pair initially fell during the course of the day on Monday, but as you can see found enough support below to turn things back around and form a nice-looking hammer. This hammer of course suggests...

AUDUSD Daily Analysis – July 29, 2014

by ForexCycle.com | July 29, 2014 4:16 am
AUDUSD’s downward movement from 0.9470 extended to as low as 0.9384. Further decline to test 0.9328 support is possible in a couple of days. Resistance is at 0.9435, as long as this level holds, the downtrend from...

AUD/USD Ascending Triangle Setup (July 28, 2014)

by Kate Curtis | July 28, 2014 9:20 am
AUD/USD has been making higher lows and finding resistance at the .9460 area, creating an ascending triangle on its 4-hour time frame. The pair just found resistance at the top of the triangle and is on its...

AUDUSD Daily Analysis – July 28, 2014

by ForexCycle.com | July 28, 2014 2:34 am
AUDUSD broke below the upward trend line on 4-hour chart, indicating that the uptrend from 0.9328 had completed at 0.9470 already. Further decline could be expected, and next target would be at 0.9340 area. Resistance is at...