AUDUSD Weekly Analysis – March 16, 2014

by ForexCycle.com | March 16, 2014 6:15 am
AUDUSD moved sideways in a trading range between 0.8890 and 0.9133. As long as 1.8890 support holds, the price action in the range could be treated as consolidation of the uptrend from 0.8660, one more rise to...

AUD/USD Forecast March 17, 2014, Technical Analysis

by FX Empire | March 15, 2014 1:52 pm
The AUD/USD pair went back and forth during the session on Friday, but as you can see we still sit just above the 0.90 level. In other words, this market really isn’t going anywhere fast. This is...

AUD/USD Forecast March 13, 2014, Technical Analysis

by FX Empire | March 13, 2014 6:51 am
The AUD/USD pair fell initially during the session on Wednesday, but found enough support near the 0.8950 level to turn things back around and form a hammer. This hammer of course suggests that the market is going...

AUDUSD Daily Analysis – March 13, 2014

by ForexCycle.com | March 12, 2014 11:49 pm
Being contained by the lower line of the price channel on 4-hour chart, AUDUSD rebounded from 0.8924, indicating that the fall from 0.9133 is complete. Further rally could be expected and next target would be at 0.9100...

AUD/USD Forecast March 12, 2014, Technical Analysis

by FX Empire | March 12, 2014 5:36 am
The AUD/USD pair initially try to rally during the session on Tuesday, but as you can see found enough resistance to push the market back down. We find yourselves now below the 0.90 handle, and we will...

AUDUSD Daily Analysis – March 12, 2014

by ForexCycle.com | March 12, 2014 3:53 am
AUDUSD’s fall from 0.9133 extended to as low as 0.8946. Deeper decline would likely be seen, and the target would be at the lower line of the price channel on 4-hour chart. Key support is at 0.8890,...

AUD/USD Forecast March 11, 2014, Technical Analysis

by FX Empire | March 11, 2014 5:23 am
The AUD/USD pair fell during the session on Monday, but remains above the 0.90 handle. We do see a significant amount of support all the way down to the 0.9 handle, so any type of supportive candle...

AUDUSD Daily Analysis – March 11, 2014

by ForexCycle.com | March 11, 2014 3:00 am
AUDUSD remains in uptrend from 0.8890, the fall from 0.9133 is likely correction of the uptrend. Support is at 0.9000, as long as this level holds, the uptrend could be expected to resume, and next target would...

AUDUSD Daily Analysis – March 10, 2014

by ForexCycle.com | March 10, 2014 3:30 am
AUDUSD remains in uptrend from 0.8890, the fall from 0.9133 could be treated as consolidation of the uptrend. Another rise could be expected, and next target would be at 0.9250 area. Support is at 0.9000, only break...

AUDUSD Weekly Analysis – March 9, 2014

by ForexCycle.com | March 9, 2014 7:36 am
AUDUSD broke above 0.9085 resistance, indicating that the downtrend from 0.9756 had completed at 0.8660 already. Further rise could be expected over the next several weeks, and the target would be at 0.9600 area. Support is now...