AUS/USD
AUDUSD stays within a downward price channel
By ForexCycle.com at 28 February, 2013, 3:28 am
AUDUSD stays within a downward price channel on 4-hour chart, and remains in short term downtrend from 1.0373, the rise from 1.0182 could be treated as consolidation of the downtrend. Resistance is located at the upper line of the channel, as long as the channel resistance holds, the downtrend could be expected to resume, and …
AUDUSD breaks above channel resistance
By ForexCycle.com at 5 December, 2012, 3:18 am
AUDUSD breaks above the upper line of the price channel on 4-hour chart, suggesting that the fall from 1.0488 has completed at 1.0392 already. The pair is now facing 1.0488 resistance, a break above this level will confirm that the longer term uptrend from 1.0149 (Oct 8 low) has resumed, then further rise towards 1.0550 …
AUDUSD stays in a downward price channel
By ForexCycle.com at 4 December, 2012, 2:52 am
AUDUSD stays in a downward price channel on 4-hour chart, and remains in downtrend from 1.0488. Initial resistance is now at the upper line of the channel, as long as the channel resistance holds, the downtrend could be expected to continue, and the target would be at 1.0350 area. Key resistance is located at 1.0460, …
AUDUSD is facing 1.0410 support again
By ForexCycle.com at 24 August, 2012, 1:56 am
AUDUSD is facing 1.0410 support again, a breakdown below this level will indicate that the downtrend from 1.0612 has resumed, then another fall to 1.0300 area could be seen. However, as long as 1.0410 support holds, one more rise to test 1.0612 previous high resistance is still possible, a break above this level will signal …
AUDUSD fails to break below 1.0410 support
By ForexCycle.com at 23 August, 2012, 2:12 am
AUDUSD fails to break below 1.0410 support, and rebounds to as high as 1.0543, suggesting that a cycle bottom has been formed on 4-hour chart. Further rise to test 1.0612 previous high resistance could be expected, a break above this level will signal resumption of the longer term uptrend from 0.9581 (Jun 1 low), then …
AUD/USD: technical analysis
By forex4you at 20 October, 2011, 1:36 pm
Strong resistance at 1.0400/10 level halted growth and the price commenced its consolidation. Having tested 1.0170/60 support range, the price began to ascend. At the moment trading is being carried out at 1.0200/10 level. Indicators, that have recently turned down, now seem unclear, which may indicate rising uncertainty in the market and a possible reversal …
AUD/USD: bearish consolidation
By forex4you at 23 September, 2011, 8:11 pm
Longer term the pair looks more bearish now with momentum signalling sell and MACD below the zeroline on both the daily and weekly charts. Meanwhile, shorter term, yesterday’s sheer-drop appears to have slowed and begun consolidating within a range. It is currently falling and should re-touch the recent lows at 0.9690. After that it will …
