AUDUSD Daily Analysis – February 17, 2014

by ForexCycle.com | February 17, 2014 2:38 am
AUDUSD breaks above 0.9067 resistance, suggesting that the uptrend from 0.8660 has resumed. Further rise could be expected and next target would be at 0.9200 area. Initial support is at the bottom of the price channel on...

AUDUSD Weekly Analysis – February 16, 2014

by ForexCycle.com | February 16, 2014 7:50 am
AUDUSD is facing 0.9085 key resistance, a break above this level will indicate that the downtrend from 0.9756 had completed at 0.8660 already, then further rise to 0.9600 area could be seen to follow. On the downside,...

AUD/USD Forecast February 17, 2014, Technical Analysis

by FX Empire | February 15, 2014 8:45 am
The AUD/USD pair rose during the session on Friday, breaking above the 0.90 handle. However, the market still see is a significant amount resistance above as shown by the Wednesday shooting star. If we can get above...

AUD/USD Forecast February 14, 2014, Technical Analysis

by FX Empire | February 14, 2014 8:52 am
The AUD/USD pair initially fell during the session on Thursday, but you can see found enough support below in order to bounce and form a hammer. This hammer of course suggests that we are going to try...

AUDUSD Daily Analysis – February 14, 2014

by ForexCycle.com | February 14, 2014 2:58 am
AUDUSD stays within a upward price channel on 4-hour chart, and remains in uptrend from 0.8660. Further rise to test 0.9085 resistance would likely be seen, a break above this level will indicate that the downtrend from...

AUDUSD Daily Analysis – February 13, 2014

by ForexCycle.com | February 13, 2014 4:02 am
AUDUSD failed to break above 0.9085 resistance and pulled back from 0.9067. However, the fall would possibly be consolidation of the uptrend from 0.8660, one more rise to test 0.9085 resistance is still possible after consolidation. Support...

AUD/USD Forecast February 13, 2014, Technical Analysis

by FX Empire | February 13, 2014 3:56 am
The AUD/USD pair rose during the bulk of the session on Wednesday, but as you can see fell from the 0.9050 handle, forming a shooting star. The shooting star sitting on top of the 0.90 level, and...

AUD/USD Short-Term Retracement (February 12, 2014)

by Kate Curtis | February 12, 2014 9:32 am
AUD/USD made a strong break above a recent resistance level, thanks to reassuring comments from Fed Chairperson Janet Yellen. However, price seems to be stalling around the .9000 major psychological level and might need to make a...

AUD/USD Forecast February 12, 2014, Technical Analysis

by FX Empire | February 12, 2014 6:40 am
The AUD/USD pair broke out during the session on Tuesday, slamming through the 0.90 handle. However, we did not break the highs from early January, so even though it’s a strong sign, we haven’t technically broken out...

AUDUSD Daily Analysis – February 12, 2014

by ForexCycle.com | February 12, 2014 3:41 am
AUDUSD is facing 0.9085 resistance, as long as this level holds, the price action from 0.8820 (Dec 18, 2013 low) could be treated as consolidation of the downtrend from 0.9756 (Oct 23, 2013 high), another fall towards...