AUDUSD Daily Analysis – August 19, 2019

by ForexCycle.com | August 19, 2019 3:02 am
AUDUSD stays in a trading range between 0.6735 and 0.6821. As long as 0.6735 support holds, the price action in the trading range could be treated as consolidation for the uptrend from 0.6677, further rise to 0.6900...

AUDUSD Daily Analysis – August 15, 2019

by ForexCycle.com | August 15, 2019 2:48 am
AUDUSD remains in the uptrend from 0.6677, the fall from 0.6821 is likely corrective consolidation for the uptrend. Another rise could be expected after the consolidation, a breakout of 0.6821 resistance could take the price into 0.6900...

AUDUSD Daily Analysis – August 14, 2019

by ForexCycle.com | August 14, 2019 4:15 am
AUDUSD is facing 0.6821 resistance, a break of this level could signal resumption of the uptrend from 0.6677, then another rise towards 0.6900 could be seen. Support is at 0.6744, below this level could bring the price...

AUDUSD Daily Analysis – August 13, 2019

by ForexCycle.com | August 13, 2019 2:26 am
AUDUSD’s fall from 0.6821 extended to as low as 0.6744. However, the fall is likely corrective consolidation for the uptrend from 0.6677, another rise could be expected after the consolidation, a break of 0.6821 resistance could trigger...

AUDUSD Daily Analysis – August 12, 2019

by ForexCycle.com | August 12, 2019 4:19 am
AUDUSD remains in the uptrend from 0.6677, the pullback from 0.6821 is likely consolidation for the uptrend, further rise could be expected after the consolidation and next target would be at 0.6867 resistance. Near term support is...

AUDUSD Daily Analysis – August 9, 2019

by ForexCycle.com | August 9, 2019 2:35 am
AUDUSD broke above 0.6805 resistance, suggesting that the downside movement from 0.7081 had completed at 0.6677 already. Further rally could be expected and next target would be at 0.6867 resistance. Near term support is at 0.6770, below...

AUDUSD Daily Analysis – August 8, 2019

by ForexCycle.com | August 8, 2019 1:42 am
AUDUSD remains in the downtrend from 0.7081, as long as 0.6805 resistance holds, the bounce from 0.6677 could be treated as consolidation for the downtrend. Further decline is still possible after the consolidation and next target would...

AUDUSD Daily Analysis – August 7, 2019

by ForexCycle.com | August 7, 2019 2:01 am
AUDUSD stays in a trading range between 0.6747 and 0.6805. As long as 0.6805 resistance holds, the sideways movement could be treated as consolidation for the downtrend from 0.7081, further decline to 0.6700 area is still possible...

AUDUSD Daily Analysis – August 6, 2019

by ForexCycle.com | August 5, 2019 10:46 pm
AUDUSD remains in the downtrend from 0.7081, further decline is still possible after consolidation and next target would be at 0.6700 area. Resistance is at 0.6805, above this level could bring the price back to next resistance...

AUDUSD Daily Analysis – August 5, 2019

by ForexCycle.com | August 5, 2019 4:34 am
AUDUSD extended its downside movement from 0.7081 to as low as 0.6747. Further decline is still possible after a minor consolidation and next target would be at 0.6730 area. Near term resistance is at 0.6805, above this...