AUDUSD Weekly Analysis – June 28, 2020

by ForexCycle.com | June 28, 2020 1:56 am
AUDUSD stays above a rising trend line on the daily chart and remains in the uptrend from 0.5507. As long as the trend line support holds, the pullback from 0.7063 could be treated as consolidation for the...

AUDUSD Daily Analysis – June 15, 2020

by ForexCycle.com | June 14, 2020 10:57 pm
AUDUSD is testing that support of the rising trend line on the 4-hour chart. A breakdown below the trend line support would confirm that the upside movement from 0.6401 had completed at 0.7063 already, then the pair...

AUDUSD Daily Analysis – June 12, 2020

by ForexCycle.com | June 12, 2020 1:27 am
AUDUSD is facing the support of the rising trend line on the 4-hour chart. As long as the trend line support holds, the fall from 0.7063 would possibly be consolidation for the uptrend from 0.6401, another rise...

AUDUSD Daily Analysis – June 11, 2020

by ForexCycle.com | June 11, 2020 3:37 am
AUDUSD extended its upside movement from 0.6401 to as high as 0.7063. Further rise could be expected after consolidation and next target would be at 0.7200 area. Near term support is at 0.6898, a breakdown below this...

AUDUSD Daily Analysis – June 9, 2020

by ForexCycle.com | June 9, 2020 3:37 am
AUDUSD stays above a rising trend line on the 4-hour chart and remains in the uptrend from 0.6401. As long as the trend line support holds, the upside movement could be expected to continue and next target...

AUDUSD Daily Analysis – June 8, 2020

by ForexCycle.com | June 8, 2020 2:40 am
AUDUSD extended its upside movement from 0.6401 to as high as 0.7012. Further rise would likely be seen and next target would be at 0.7100 area. Support is at 0.6856, a breakdown below this level could bring...

AUDUSD Daily Analysis – June 5, 2020

by ForexCycle.com | June 5, 2020 1:27 am
AUDUSD is in consolidation for the uptrend from 0.6401. Range trading between 0.6856 and 0.6987 would likely be seen. As long as 0.6856 support holds, the upside movement could be expected to continue and next target would...

AUDUSD Daily Analysis – June 4, 2020

by ForexCycle.com | June 4, 2020 1:49 am
AUDUSD’s upside movement from 0.6401 to as high as 0.6983. Further rise would likely be seen and next target would be at 0.7100 area. Near term support is at 0.6850, a breakdown below this level could bring...

AUDUSD Daily Analysis – June 2, 2020

by ForexCycle.com | June 2, 2020 2:25 am
AUDUSD extended its upside movement from 0.6401 to as high as 0.6812. As long as the price is above the rising trend line on the 4-hour chart, the upside movement could be expected to continue and next...

AUDUSD Daily Analysis – June 1, 2020

by ForexCycle.com | June 1, 2020 3:10 am
After consolidation, AUDUSD broke above 0.6680 resistance and extended its upside movement from 0.6401 to as high as 0.6742. As long as the price is above the rising trend line on the 4-hour chart, the upside movement...