AUDUSD Daily Analysis – December 13, 2018

by ForexCycle.com | December 13, 2018 1:47 am
AUDUSD continued its sideways movement in a trading range between 0.7178 and 0.7241. As long as 0.7241 resistance holds, the downtrend from 0.7393 could be expected to resume and further decline towards 0.7100 is still possible after...

AUDUSD Daily Analysis – December 12, 2018

by ForexCycle.com | December 12, 2018 2:00 am
AUDUSD stays in a narrow range between 0.7178 and 0.7241. The price action in the range is likely consolidation for the downtrend from 0.7393. As long as 0.7241 resistance holds, the downside movement could be expected to...

AUDUSD Daily Analysis – December 11, 2018

by ForexCycle.com | December 11, 2018 4:33 am
AUDUSD moved sideways in a trading range between 0.7178 and 0.7241. As long as 0.7241 resistance holds, the bounce from 0.7178 could be treated as consolidation for the downtrend from 0.7393, further decline could be expected after...

AUDUSD Daily Analysis – December 10, 2018

by ForexCycle.com | December 10, 2018 3:14 am
AUDUSD extended its downside movement from 0.7393 to as low as 0.7178. Further decline is still possible and next target would be at 0.7100 area. Near term resistance is at 0.7241, a break of this level would...

AUDUSD Weekly Analysis – December 9, 2018

by ForexCycle.com | December 9, 2018 12:28 am
AUDUSD pulled back from 0.7393, facing the key support at 0.7164. A breakdown below this level would confirm that the upside movement from 0.7020 is complete, then the pair would find next support at around 0.7100. Near...

AUDUSD Daily Analysis – December 7, 2018

by ForexCycle.com | December 7, 2018 2:27 am
AUDUSD’s downside movement from 0.7393 extended to as low as 0.7191. Resistance is at 0.7270, as long as this level holds, the down trend could be expected to continue and next target would be at 0.7150 area....

AUDUSD Daily Analysis – December 6, 2018

by ForexCycle.com | December 6, 2018 3:42 am
AUDUSD extended its downside movement from 0.7393 to as low as 0.7224. Further decline is still possible and next target would be at 0.7200, followed by 0.7150. Near term resistance is at 0.7270, a break of this...

AUDUSD Daily Analysis – December 5, 2018

by ForexCycle.com | December 5, 2018 3:37 am
AUDUSD broke below the bullish trend line on the 4-hour chart, suggesting that the upside movement from 0.7199 had completed at 0.7393 already. Further decline could be expected and next target would be at 0.7260, followed by...

AUDUSD Daily Analysis – December 4, 2018

by ForexCycle.com | December 4, 2018 3:10 am
AUDUSD stays in a bullish trend line on the 4-hour chart and remains in the uptrend from 0.7199. As long as the price is above the trend line, the pullback from 0.7393 could be treated as consolidation...

AUDUSD Daily Analysis – December 3, 2018

by ForexCycle.com | December 3, 2018 1:25 am
AUDUSD’s upside movement from 0.7199 extended to as high as 0.7380. As long as the price is above the rising trend line on the 4-hour chart, the upside movement could be expected to continue and next target...