AUDUSD Weekly Analysis – September 20, 2020

by ForexCycle.com | September 20, 2020 12:44 pm
AUDUSD remains in the uptrend from 0.5507, the pullback from 0.7413 is likely consolidation for the uptrend. As long as the price is in the rising price channel on the daily chart, the upside movement could be...

AUDUSD Weekly Analysis – September 13, 2020

by ForexCycle.com | September 13, 2020 2:05 pm
AUDUSD stays in a rising price channel on the daily chart and remains in the uptrend from 0.5507. As long as the channel support holds, the upside movement could be expected to continue and next target would...

AUDUSD Weekly Analysis – August 23, 2020

by ForexCycle.com | August 23, 2020 1:38 pm
AUDUSD extended its upside movement from 0.5507 to as high as 0.7275. Further rise is still possible next week and next target would be at 0.7500 area. Near term support is at 0.7060, a breakdown below this...

AUDUSD Daily Analysis – August 21, 2020

by ForexCycle.com | August 21, 2020 1:51 am
AUDUSD stays above a rising trend line on the 4-hour chart and remains in the uptrend from 0.6776 (Jun 15 low). As long as the trend line support holds, the upside movement could be expected to continue...

AUDUSD Daily Analysis – August 17, 2020

by ForexCycle.com | August 16, 2020 10:42 pm
AUDUSD continued its sideways movement in a trading range between 0.7063 and 0.7242. The sideways movement is likely consolidation for the uptrend from 0.6776 (Jun 15 low), and further rise to 0.7350 area is possible after the...

AUDUSD Weekly Analysis – August 16, 2020

by ForexCycle.com | August 16, 2020 2:13 pm
AUDUSD remains in the uptrend from 0.5507. Further rise would likely be seen after a minor consolidation and next target would be at 0.7500 area. Near term support is at 0.7060, a breakdown below this level could...

AUDUSD Daily Analysis – August 14, 2020

by ForexCycle.com | August 14, 2020 2:25 am
AUDUSD moved sideways in a trading range between 0.7063 and 0.7242. As long as 0.7063 support holds, the upside movement from 0.6776 (Jun 15 low) could be expected to continue, and next target would be at 0.7350...

AUDUSD Daily Analysis – August 13, 2020

by ForexCycle.com | August 12, 2020 10:38 pm
AUDUSD continued its sideways movement in a trading range between 0.7063 and 0.7242. As long as 0.7063 support holds, the upside movement from 0.6776 (Jun 15 low) could be expected to resume, and further rise to 0.7350...

AUDUSD Daily Analysis – August 12, 2020

by ForexCycle.com | August 12, 2020 4:56 am
AUDUSD moved sideways in a trading range between 0.7063 and 0.7242. The sideways movement is likely consolidation of the uptrend from 0.6776 (Jun 15 low), and further rise towards 0.7350 is possible after the consolidation. Key support...

AUDUSD Daily Analysis – August 11, 2020

by ForexCycle.com | August 10, 2020 10:26 pm
AUDUSD remains in the uptrend from 0.6776 (Jun 15 low), the price action in the trading range between 0.7063 and 0.7242 is likely consolidation for the uptrend. As long as 0.7063 support holds, the upside movement could...