AUDUSD Daily Analysis – May 16, 2014

by ForexCycle.com | May 16, 2014 2:27 am
AUDUSD moved sideways in a range between 0.9318 and 0.9408. As long as 0.9318 support holds, the price action in the range could be treated as consolidation of the uptrend from 0.9202, another rise to 0.9500 area...

AUD/USD Forecast May 15, 2014, Technical Analysis

by FX Empire | May 15, 2014 4:28 am
The AUD/USD pair broke to the upside during the session on Wednesday, but as you can see fell and formed a shooting star. The shooting star sits just above the sideways grind that we have been in...

AUDUSD Daily Analysis – May 15, 2014

by ForexCycle.com | May 15, 2014 2:03 am
AUDUSD’s upward movement from 0.9202 extended to as high as 0.9408. Key support is at 0.9318, as long as this level holds, the uptrend could be expected to continue, and next target would be at 0.9500 area....

AUD/USD Forecast May 14, 2014, Technical Analysis

by FX Empire | May 14, 2014 5:55 am
The AUD/USD pair went back and forth during the session on Tuesday, continuing the sideways grind that we have seen for several days. If that’s the case, it still looks like we are going to go higher,...

AUDUSD Daily Analysis – May 14, 2014

by ForexCycle.com | May 14, 2014 3:16 am
AUDUSD moved sideways in a trading range between 0.9318 and 0.9394. The sideways movement is likely consolidation of the uptrend from 0.9202. As long as 0.9318 support holds, the uptrend could be expected to resume, and next...

AUD/USD Forecast May 13, 2014, Technical Analysis

by FX Empire | May 13, 2014 5:29 am
The AUD/USD pair did very little during the session on Monday, as it tried to rally but failed in the end. That failure formed a shooting star which of course is relatively negative. Nonetheless, we think that...

AUDUSD Daily Analysis – May 13, 2014

by ForexCycle.com | May 13, 2014 3:45 am
AUDUSD stays in a trading range between 0.9318 and 0.9394. As long as 0.9318 support holds, the price action in the range could be treated as consolidation of the uptrend from 0.9202, another rise to 0.9500 area...

AUDUSD Daily Analysis – May 12, 2014

by ForexCycle.com | May 12, 2014 2:34 am
AUDUSD remains in uptrend from 0.9202, the fall from 0.9394 is likely consolidation of the uptrend. Near term support is at 0.9315, as long as this level holds, the uptrend could be expected to resume, and next...

AUDUSD Weekly Analysis – May 10, 2014

by ForexCycle.com | May 10, 2014 2:57 pm
AUDUSD remains in uptrend from 0.8660, the fall from 0.9461 is likely consolidation of the uptrend. One more rise to 0.9550 – 0.9600 area to complete the upward movement is still possible. Support is now at 0.9202,...

AUD/ USD Forecast May 12, 2014, Technical Analysis

by FX Empire | May 10, 2014 5:23 am
The AUD/USD pair fell during the bulk of the Friday session, but kept in a somewhat tight range. That being the case, we feel that the market will start buying on a break above the highs from...