AUDUSD Weekly Analysis – July 26, 2014

by ForexCycle.com | July 26, 2014 11:52 am
AUDUSD stays in a trading range between 0.9202 and 0.9504. Key support is at 0.9202, a breakdown below this level will signal completion of the uptrend from 0.8660, then the following downward movement could bring price to...

AUD/USD Forecast July 28, 2014, Technical Analysis

by FX Empire | July 26, 2014 9:44 am
The AUD/USD pair fell during the course of the day on Friday, continuing to bounce around in the consolidation area that we’ve been in for some time, and as a result we feel that only short-term trades...

AUD/USD Forecast July 25, 2014, Technical Analysis

by FX Empire | July 25, 2014 6:34 am
The AUD/USD pair tried to break out to the upside during the session on Thursday, but as you can see failed out the 0.9450 area, and as a result we turned back around to form a shooting...

AUDUSD Daily Analysis – July 25, 2014

by ForexCycle.com | July 25, 2014 3:01 am
AUDUSD remains in uptrend from 0.9328, the fall from 0.9470 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...

AUD/USD Forecast July 24, 2014, Technical Analysis

by FX Empire | July 24, 2014 7:26 am
The AUD/USD pair fell rather significantly the session before, but we did have a nice bounce and rise during the session on Wednesday. This was partly in reaction to be stronger than anticipated CPI numbers out of...

AUDUSD Daily Analysis – July 24, 2014

by ForexCycle.com | July 24, 2014 3:41 am
AUDUSD broke above 0.9455 resistance. Further rise to test 0.9504 resistance could be seen, a break above this level will signal resumption of the longer term uptrend from 0.8660 (Jan 24 low), then next target would be...

AUD/USD Forecast July 23, 2014, Technical Analysis

by FX Empire | July 23, 2014 9:25 am
The AUD/USD pair tried to rally during the session on Tuesday, and in fact did. However, we gave up about half of the gains so it appears of the Australian dollar will continue to grind sideways overall,...

AUDUSD Daily Analysis – July 23, 2014

by ForexCycle.com | July 23, 2014 7:30 am
AUDUSD is facing 0.9455 resistance, a break above this level will signal resumption of the uptrend from 0.9208, then next target would be at 0.9600 area. However, as long as 0.9455 resistance holds, the bounces from 0.9328...

AUD/USD Forecast July 22, 2014, Technical Analysis

by FX Empire | July 22, 2014 5:50 am
The AUD/USD pair fell slightly during the session on Monday, but as you can see we are well supported near the 0.9350 level. Because of this, we feel that the fall will be short-term at best, and...

AUDUSD Daily Analysis – July 22, 2014

by ForexCycle.com | July 22, 2014 2:00 am
AUDUSD continued its sideways movement in a range between 0.9328 and 0.9455. Resistance is at 0.9455, as long as this level holds, the price action in the range could be treated as consolidation of the downtrend from...