AUDUSD Analysis – March 30, 2013

by ForexCycle.com | March 30, 2013 1:55 pm
AUDUSD may be forming a cycle top at 1.0496 on daily chart. Pullback to 1.0200 – 1.0300 area would likely be seen in a couple of weeks. However, the fall from 1.0496 would possibly be correction of...

AUD/USD Forecast April 1, 2013, Technical Analysis

by FX Empire | March 30, 2013 8:55 am
The AUD/USD pair attempted to rally during the Friday session, but even in the low liquidity could not do so. The candle formed for the session is a shooting star, but it sits just above a massive...

AUD/USD Forecast March 29, 2013, Technical Analysis

by FX Empire | March 29, 2013 5:29 am
The AUD/USD pair fell during the session on Thursday, slamming into the 1.04 level. However, you can see that that level held as support, as we thought it might. This is a perfect place to see supportive...

AUD/USD Forecast March 28, 2013, Technical Analysis

by FX Empire | March 28, 2013 5:51 am
The AUD/USD pair fell during the session on Wednesday, but found enough support at the 1.04 level in order to bounce and produce a hammer for the session. This suggests to us that we are going to...

AUD/USD Forecast March 27, 2013, Technical Analysis

by FX Empire | March 27, 2013 5:50 am
The AUD/USD pair had a positive showing on Tuesday as the commodity markets did quite well. The Australian dollar tends to correlate quite heavily with the gold markets, and today was simply a “catch-up session” as we...

AUD/ USD Forecast March 26, 2013, Technical Analysis

by FX Empire | March 26, 2013 5:42 am
The AUD/USD pair had a slightly positive session on Monday, but just barely so. The 1.0450 level is the top of the cluster that sits just above 1.04 previously, and because of this there should be a...

AUDUSD Analysis – March 23, 2013

by ForexCycle.com | March 23, 2013 9:54 am
AUDUSD is now in uptrend from 1.0115. Support is at 1.0340, as long as this level holds, further rise could be expected next week, and next target would be at 1.0600 area, only break below 1.0340 support...

AUD/USD Forecast March 25, 2013, Technical Analysis

by FX Empire | March 23, 2013 6:09 am
The AUD/USD pair had a fairly neutral session on Friday, taking a break after busting through the 1.04 level finally on Thursday. This is a relatively significant breakout, but we need to see the highs of the...

AUD/USD Forecast March 22, 2013, Technical Analysis

by FX Empire | March 22, 2013 7:21 am
The AUD/USD pair broke above the 1.04 level for the first time over the last few months on Thursday, finally getting through an area that had been so stubborn for the last week or so.

AUD/USD Forecast March 21, 2013, Technical Analysis

by FX Empire | March 21, 2013 6:21 am
The AUD/USD pair rallied during the session on Wednesday and even broke above the 1.04 level yet again during the session. However, just as it has the last three days in a row, the Australian dollar could...