AUDUSD Daily Analysis – July 21, 2014

by ForexCycle.com | July 21, 2014 2:51 am
AUDUSD failed to break below 0.9328 support, indicating that lengthier sideways movement in a range between 1.9328 and 1.9455 is underway. Resistance is at 0.9455, as long as this level holds, another fall to test 0.9328 support...

AUDUSD Weekly Analysis – July 20, 2014

by ForexCycle.com | July 20, 2014 3:58 am
AUDUSD moved sideways in a trading range between 0.9202 and 0.9504. As long as 0.9202 support holds, the price action in the range could be treated as consolidation of the uptrend from 0.8660, another rise to 1.0000...

AUD/USD Forecast July 21, 2014, Technical Analysis

by FX Empire | July 19, 2014 12:33 pm
The AUD/USD pair rallied during the session on Friday, but remains within the previous consolidation area so we aren’t necessarily interested in placing money into the market. If we can break above the 0.95 level, we feel...

AUD/USD Forecast July 18, 2014, Technical Analysis

by FX Empire | July 18, 2014 7:33 am
The AUD/USD pair tried to rally during the course of the session on Thursday, but as you can see pulled back to form a shooting star. The shooting star was preceded by a hammer, and we do...

AUDUSD Daily Analysis – July 18, 2014

by ForexCycle.com | July 18, 2014 12:37 am
AUDUSD is testing 0.9328 support, a breakdown below this level will signal resumption of the downtrend from 0.9504, then next target would be at 0.9250 area. Resistance levels are at 0.9400 and 0.9455, only break above these...

AUD/USD Forecast July 16, 2014, Technical Analysis

by FX Empire | July 16, 2014 7:02 am
The AUD/USD as you can see fell during the session on Tuesday, only to turn back around and form a hammer. Because of this, it looks like the market is still trying to build up enough momentum...

AUDUSD Daily Analysis – July 16, 2014

by ForexCycle.com | July 16, 2014 3:33 am
AUDUSD is facing 0.9328 support, a breakdown below this level will indicate that the downtrend from 0.9504 has resumed, then next target would be at 0.9250 area. Resistance is at 0.9455, only break above this level will...

AUD/USD Forecast July 15, 2014, Technical Analysis

by FX Empire | July 15, 2014 6:10 am
The AUD/USD pair rose during the course of the session on Monday, but didn’t really cause too much in the way of a splash with the tight trading range. That being the case, we are still bullish...

AUDUSD Daily Analysis – July 15, 2014

by ForexCycle.com | July 15, 2014 3:49 am
AUDUSD remains in downtrend from 0.9504, the bounce from 0.9328 to 0.9455 is likely correction of the downtrend. Resistance is at 0.9455, as long as this level holds, another fall could be expected, and next target would...

AUDUSD Daily Analysis – July 14, 2014

by ForexCycle.com | July 14, 2014 1:53 am
AUDUSD remains in downtrend from 0.9504, the rise from 0.9328 is likely correction of the downtrend. Another fall could be expected after correction, and next target would be at 0.9250 area. Support is at 0.9328, a breakdown...