AUDUSD Analysis – June 15, 2013

by ForexCycle.com | June 15, 2013 10:27 am
AUDUSD continues its downward movement from 1.0582, and the fall extends to as low as 0.9326. Further decline is still possible after a minor consolidation, and next target would be at 0.9200 area.

AUD/USD Forecast June 17, 2013, Technical Analysis

by FX Empire | June 15, 2013 9:41 am
The AUD/USD pair tried to rally during the session on Friday, but as you can see it gave back the gains in order to form a shooting star. This pair has been extraordinarily weak for quite some...

AUD/USD Forecast June 14, 2013, Technical Analysis

by FX Empire | June 14, 2013 5:03 am
The AUD/USD pair initially fell during the early hours of the Thursday session, but turned around and close well above the 0.96 handle. That being the case, this market looks like it’s trying to form a pretty...

AUD/USD Forecast June 13, 2013, Technical Analysis

by FX Empire | June 13, 2013 6:45 am
The AUD/USD pair tried to rally during the session on Wednesday, but as you can see the previous support area at the 0.95 level has in fact shown itself to be resistive now.

AUD/USD Forecast June 12, 2013, Technical Analysis

by FX Empire | June 12, 2013 6:43 am
The AUD/USD pair fell during the balance of the session on Tuesday, but as you can see found enough support just above the 0.93 handle in order to form a hammer. Bouncing that hard, we still find...

AUDUSD Analysis – June 9, 2013

by ForexCycle.com | June 9, 2013 2:30 am
AUDUSD remains in downtrend from 1.0582, and the fall extends to as low as 0.9429. Further decline is still possible, and next target would be at 0.9200 area. Key resistance is at 0.9800, only break above this...

AUD/USD Forecast June 10, 2013, Technical Analysis

by FX Empire | June 8, 2013 7:30 am
The AUD/USD pair fell during the session on Friday, but as you can see formed a double bottom down near the 0.9420 level. The shape of the candle for the Friday session is a hammer, in this...

AUD/USD Forecast June 7, 2013, Technical Analysis

by FX Empire | June 7, 2013 5:46 am
The AUD/USD pair had a wild ride on Thursday as it initially plunged, but based upon the US dollar falling apart against the Japanese yen, the US dollar got absolutely pummeled against every other currency, and this...