AUDUSD Analysis – April 21, 2013

by ForexCycle.com | April 21, 2013 3:49 am
Being contained by 1.0597 resistance, AUDUSD pulled back from 1.0582, suggesting that lengthier sideways movement in a range between 1.0115 and 1.0624 (Sep 14, 2012 high) is underway.

AUD/USD Forecast April 19, 2013, Technical Analysis

by FX Empire | April 19, 2013 6:06 am
The AUD/USD pair went back and forth during the session on Thursday, basically focusing on the 1.03 handle. However, at the end of the session we did settle much and it appears that we have essentially stopped...

AUD/USD Forecast April 18, 2013, Technical Analysis

by FX Empire | April 18, 2013 5:19 am
The AUD/USD pair fell during the session on Wednesday, breaking down below the 1.03 level yet again. However, unlike the last couple of sessions, this pair actually stayed below it. This of course is a very bearish...

AUD/USD Forecast April 17, 2013, Technical Analysis

by FX Empire | April 17, 2013 6:15 am
The AUD/USD pair rose during the session on Tuesday, slamming into the 1.04 level. This level has been the “middle line” of the larger consolidation area that we have been stuck in for ages now.

AUD/USD: Potential Retest of 1.0400 (April 16, 2013)

by Kate Curtis | April 16, 2013 8:02 am
AUD/USD had a sharp selloff since Thursday last week as weak Chinese data and weak Australian data have been weighing the pair down. The recent release of the weaker than expected Chinese GDP, which came short at...

AUD/USD Forecast April 16, 2013, Technical Analysis

by FX Empire | April 16, 2013 5:13 am
The AUD/USD pair fell drastically during the Monday session as the pair cleared two handles at one point. We are now well below the 1.04 handle, and have actually broken below 1.03 at one point during the...

AUDUSD Analysis – April 14, 2013

by ForexCycle.com | April 14, 2013 3:21 am
AUDUSD is facing 1.0597 resistance, a break above this level will indicate that the sideways movement in a range between 1.0115 and 1.0624 (Sep 14, 2012 high) has completed, then further rise to 1.0700 – 1.0800 area...

AUD/USD Forecast April 15, 2013, Technical Analysis

by ForexCycle.com | April 13, 2013 7:06 am
The AUD/USD pair fell during the session on Friday, but did get a bit of a bounce once we got to the 1.0480 handle. The resulting candle ended up closing above the 1.05 handle, and as a...

AUD/USD Forecast April 12, 2013, Technical Analysis

by FX Empire | April 12, 2013 6:05 am
The AUD/USD pair had a back and forth wild session on Thursday, as we were both very bullish, and then very bearish. Looking at the charts, you can see that we failed to crack above the 1.06...

AUD/USD Potential Retracement to 1.0500 (April 11, 2013)

by Kate Curtis | April 11, 2013 6:24 am
AUD/USD suffered a quick selloff during today’s early Asian session when Australia printed weaker than expected jobs data. The actual report showed a 36.1K drop in hiring, worse than the estimated 6.1K decrease, bringing the jobless rate...