AUDUSD Daily Analysis – June 14, 2019

by ForexCycle.com | June 14, 2019 3:32 am
AUDUSD stays in a falling price channel on the 4-hour chart and remains in the downtrend from 0.7021. As long as the channel resistance holds, the downside movement could be expected to continue and next target would...

AUDUSD Daily Analysis – June 13, 2019

by ForexCycle.com | June 13, 2019 2:32 am
AUDUSD extended its downside movement from 0.7021 to as low as 0.6913. Further decline is still possible after a minor consolidation and next target would be at 0.6860 area. Near term resistance is at 0.6950, only break...

AUDUSD Daily Analysis – June 12, 2019

by ForexCycle.com | June 12, 2019 2:50 am
AUDUSD is now in the downtrend from 0.7021. Further decline could be expected after a minor consolidation and next target would be at 0.6900 area. Near term resistance is at 0.6990, only break above this level could...

AUDUSD Daily Analysis – June 11, 2019

by ForexCycle.com | June 11, 2019 2:44 am
AUDUSD broke below 0.6962 key support, suggesting that the upside movement from 0.6864 had completed at 0.7021 already. Further decline could be expected in the coming days and next target would be at 0.6900 area. Near term...

AUDUSD Daily Analysis – June 10, 2019

by ForexCycle.com | June 10, 2019 12:59 am
AUDUSD’s upside movement from 0.6864 extended to as high as 0.7021. Further rise is still possible and next target would be at 0.7050 area. Key support is at 0.6962, only a breakdown below this level would indicate...

AUDUSD Weekly Analysis – June 8, 2019

by ForexCycle.com | June 8, 2019 12:17 pm
AUDUSD’s bounce from 0.6864 extended to as high as 0.7021. Further rally is still possible in a couple of weeks and next target would be at the top trend line of the price channel on the daily...

AUDUSD Daily Analysis – June 6, 2019

by ForexCycle.com | June 6, 2019 1:13 am
AUDUSD broke below the bullish trend line on the 4-hour chart, suggesting that the upside movement from 0.6898 had completed at 0.7007 already. Further decline could be expected in a couple of days and next target would...

AUDUSD Daily Analysis – June 5, 2019

by ForexCycle.com | June 5, 2019 2:55 am
AUDUSD’s upside movement from 0.6898 extended to as high as 0.7003. As long as the price is above the bullish trend line on the 4-hour chart, the upside movement could be expected to continue and next target...

AUDUSD Daily Analysis – June 4, 2019

by ForexCycle.com | June 4, 2019 3:08 am
AUDUSD extended its upside movement from 0.6864 to as high as 0.6982. Further rise is still possible in a couple of days and next target would be at 0.7000 area. Near term support is at 0.6945, only...

AUDUSD Daily Analysis – June 3, 2019

by ForexCycle.com | June 3, 2019 2:10 am
AUDUSD broke above 0.6934 resistance, suggesting that the downside movement from 0.7205 had completed at 0.6864 already. Further rally could be expected and next target would be at 0.7000 area. Near term support is at 0.6898, only...