Tag: AUDUSD

AUD/USD Forecast June 26, 2012, Technical Analysis

by FX Empire | June 26, 2012 7:22 am
The AUD/USD pair fell for much of the session on Monday as the markets around the world backed away from the idea of taking risk. The pair managed to find support at the parity level though, and...

AUD/USD Forecast June 25, 2012, Technical Analysis

by FX Empire | June 25, 2012 8:54 am
The AUD/USD pair managed to bounce on Friday, in order to form a bit of a hammer. What is most interesting about this hammer is that it is sitting just above the parity level. Because of this,...

AUDUSD Analysis – June 23, 2012

by ForexCycle.com | June 23, 2012 1:24 pm
AUDUSD may be forming a cycle top at 1.0223 on daily chart. Further decline would likely be seen next week, and next target would be at 0.9850 area. However, the fall from 1.0223 would possibly be consolidation...

AUD/USD Forecast June 22, 2012, Technical Analysis

by FX Empire | June 22, 2012 7:30 am
The AUD/USD pair fell hard on Thursday as the “risk off” trade is now in control again. The lack of risk taking makes sense, as the economic numbers out of Germany and more importantly to the Aussie...

AUD/USD Forecast June 21, 2012, Technical Analysis

by FX Empire | June 21, 2012 6:36 am
The AUD/USD pair rose slightly at the end of the session on Wednesday, to form a green doji. The candle suggests that we are looking for some kind of direction at the moment, and the 1.02 level...

AUD/USD Forecast June 20, 2012, Technical Analysis

by FX Empire | June 20, 2012 6:25 am
The AUD/USD pair shot up on Tuesday as the “risk on” trade came back into play. The Aussie is often used as a proxy for global growth, and with the Federal Reserve meeting ending today; there is...

AUD/USD Forecast June 19, 2012, Technical Analysis

by FX Empire | June 19, 2012 7:22 am
The AUD/USD pair fell for most of the session on Monday, only to turn around and bounce hard to form a hammer. The market is currently hanging around the 1.02 level and the 61.8% Fibonacci level as...