AUDUSD Daily Analysis – February 24, 2014

by ForexCycle.com | February 24, 2014 1:56 am
AUDUSD stayed in a trading range between 0.8906 and 0.9080 for several days. The price action in the range is likely consolidation of the uptrend from 0.8660. As long as 0.8906 support holds, the uptrend could be...

AUDUSD Weekly Analysis – February 22, 2014

by ForexCycle.com | February 22, 2014 2:54 pm
AUDUSD is testing 0.9085 resistance. As long as this level holds, the rise from 0.8660 could be treated as consolidation of the downtrend from 0.9756, one more fall to 0.8500 area is still possible. However, a break...

AUD/USD Forecast February 24, 2014, Technical Analysis

by FX Empire | February 22, 2014 4:30 am
The AUD/USD pair fell during the session on Friday, proving the 0.90 level to be resistive. That being the case, we feel that this market is trying to fall, but the Thursday candle of course is a...

AUD/USD Forecast February 21, 2014, Technical Analysis

by FX Empire | February 21, 2014 7:16 am
The AUD/USD pair fell hard during the session initially on Thursday, but found enough support just above the 0.89 level in order to bounce higher and form a nice-looking hammer. This hammer is essentially based on the...

AUDUSD Daily Analysis – February 21, 2014

by ForexCycle.com | February 21, 2014 4:01 am
AUDUSD moves sideways in a trading range between 0.8906 and 0.9080, the price action in the range could be treated as consolidation of the uptrend from 0.8660. As long as 0.8906 support holds, the uptrend could be...

AUD/USD Forecast February 20, 2014, Technical Analysis

by FX Empire | February 20, 2014 4:53 am
The AUD/USD pair initially rallied during the session on Wednesday, but found the area above to be far too resistive yet again. This is the second shooting star in a row, and as a result we feel...

AUDUSD Daily Analysis – February 20, 2014

by ForexCycle.com | February 20, 2014 2:42 am
AUDUSD broke below the lower line of the price channel on 4-hour chart. However, the price action in the trading range between 0.8906 and 0.9080 is likely consolidation of the uptrend from 0.8660, as long as 0.8906...

AUDUSD Daily Analysis – February 19, 2014

by ForexCycle.com | February 19, 2014 2:06 am
AUDUSD stays in a upward price channel on 4-hour chart and remains in uptrend from 0.8660, the price action in the range between 0.8906 and 0.9080 could be treated as consolidation of the uptrend. Key support is...

AUD/USD Forecast February 18, 2014, Technical Analysis

by FX Empire | February 18, 2014 5:19 am
The AUD/USD pair fell during the session on Monday, filling the gap after initially gapping higher. That being said, we are still above the 0.90 level which of course could offer significant support, but we are below...

AUDUSD Daily Analysis – February 18, 2014

by ForexCycle.com | February 18, 2014 3:26 am
AUDUSD remains in uptrend from 0.8660, and the rise extended to as high as 0.9080. The uptrend could be expected to continue, and next target would be at 0.9200 area. Initial support is at the lower line...