AUDUSD Analysis – October 3, 2023

by ForexCycle.com | October 3, 2023 2:55 am
AUD/USD is currently approaching the key support level at 0.6330. If the price breaks below this level, it could initiate further downside momentum towards 0.6290, with the next support area being around 0.6220. Conversely, in the event...

AUDUSD Analysis – October 2, 2023

by ForexCycle.com | October 2, 2023 2:22 am
AUD/USD has faced rejection at the 0.6521 resistance level once again and remains in a trading range between 0.6330 and 0.6521. Given the failed breakout attempt, there is a likelihood of another decline towards the 0.6330 support...

AUDUSD Found Sellers After Elliott Wave Double Three Pattern

by elliottwave-forecast.com | September 26, 2023 4:44 pm
Hello fellow traders. In this technical article we’re going to take a look at the Elliott Wave charts charts of AUDUSD forex pair published in members area of the website. As our members know AUDUSD has recently...

AUDUSD Analysis – September 21, 2023

by ForexCycle.com | September 21, 2023 1:07 am
AUD/USD faced resistance at the level of 0.6521 and was unable to break above it. As a result, the price pulled back to around the 0.6420 area. Based on this price action, there is a likelihood of...

AUDUSD Analysis – September 12, 2023

by ForexCycle.com | September 12, 2023 3:57 am
AUD/USD recently experienced a breakdown below the 0.6363 support level. However, the currency pair rebounded from 0.6356 and reached as high as 0.6449. Based on this rebound, it is likely that a further rally could occur in...

AUDUSD Daily Analysis – September 6, 2023

by ForexCycle.com | September 6, 2023 1:58 am
AUD/USD has recently broken below the support level at 0.6363. This breakdown suggests that further decline is likely in the coming days, with the next target potentially being in the 0.6300 area. The immediate resistance level to...

AUDUSD Daily Analysis – September 5, 2023

by ForexCycle.com | September 5, 2023 10:31 am
AUD/USD is currently encountering support at the 0.6363 level. If the price breaks below this support level, it could potentially trigger additional downside movement towards the 0.6300 area. On the other hand, the immediate resistance to monitor...

AUDUSD Daily Analysis – September 1, 2023

by ForexCycle.com | September 1, 2023 9:29 am
AUD/USD is currently in an uptrend from the 0.6363 level. The pair is expected to continue its rally in the coming days, with the next target set around the 0.6600 area. The immediate support level can be...

AUDUSD Daily Analysis – August 31, 2023

by ForexCycle.com | August 31, 2023 7:41 am
AUD/USD has made a significant breakthrough by surpassing the 0.6487 resistance level. This breakout indicates that the previous downward movement from 0.6894 to 0.6363 has likely concluded. As a result, it is likely to see a further...

AUDUSD Daily Analysis – August 29, 2023

by ForexCycle.com | August 29, 2023 3:22 am
AUDUSD is currently experiencing a sideways consolidation within a trading range bounded by 0.6363 and 0.6487. As long as the resistance level at 0.6487 remains intact, the lateral price movement can be interpreted as a consolidation phase...