AUDUSD Daily Analysis – December 9, 2019

by ForexCycle.com | December 9, 2019 12:30 am
AUDUSD stays in a narrow range between 0.6812 and 0.6861. As long as 0.6812 support holds, the price action in the range could be treated as consolidation for the uptrend from 0.6754, a breakout of 0.6861 resistance...

AUDUSD Weekly Analysis – December 8, 2019

by ForexCycle.com | December 8, 2019 10:35 am
AUDUSD stays below a falling trend line on the daily chart and remains in the downtrend from 0.7295. As long as the trend line resistance holds, the price action in the trading range between 0.6670 and 0.6929...

AUDUSD Daily Analysis – December 6, 2019

by ForexCycle.com | December 6, 2019 3:23 am
AUDUSD moved sideways in a trading range between 0.6812 and 0.6861. As long as 0.6812 support holds, the sideways move could be treated as consolidation for the uptrend from 0.6754, further rise to 0.6900 area is possible...

AUDUSD Daily Analysis – December 5, 2019

by ForexCycle.com | December 5, 2019 3:20 am
AUDUSD remains in the uptrend from 0.6754, the pullback from 0.6861 is likely consolidation for the uptrend. As long as 0.6800 support holds, the upside movement could be expected to resume, and further rise to 0.6900 area...

AUDUSD Daily Analysis – December 4, 2019

by ForexCycle.com | December 4, 2019 4:54 am
AUDUSD extended its upside movement from 0.6754 to as high as 0.6861. As long as 0.6800 support holds, the upside movement could be expected to continue and next target would be at 0.6900 area. On the downside,...

AUDUSD Daily Analysis – December 3, 2019

by ForexCycle.com | December 3, 2019 4:28 am
AUDUSD broke above the falling trend line on the 4-hour chart and extended its upside movement from 0.6754 to as high as 0.6825. As long as 0.6800 support holds, the upside movement could be expected to continue...

AUDUSD Daily Analysis – December 2, 2019

by ForexCycle.com | December 2, 2019 1:32 am
AUDUSD extended its downside movement from 0.6834 to as low as 0.6753. As long as the price is below the falling trend line on the 4-hour chart, the downside movement could be expected to continue and next...

AUDUSD Weekly Analysis – December 1, 2019

by ForexCycle.com | December 1, 2019 2:08 pm
AUDUSD moved sideways in a trading range between 0.6670 and 0.6929 for several months. As long as the price is below the falling trend line on the daily chart, the sideways movement could be treated as consolidation...

AUDUSD Daily Analysis – November 29, 2019

by ForexCycle.com | November 29, 2019 3:33 am
AUDUSD stays in a falling price channel on the 4-hour chart and remains in the downtrend from 0.6834. As long as the price is in the channel, the downside movement could be expected to continue and next...

AUDUSD Daily Analysis – November 28, 2019

by ForexCycle.com | November 28, 2019 1:45 am
AUDUSD extended its downside movement from 0.6834 to as low as 0.6758. As long as the channel resistance holds, the downside movement could be expected to continue and next target would be at 0.6700 area. Key resistance...