AUDUSD Analysis – Apr 12, 2008

by ForexCycle.com | April 12, 2008 6:36 am
AUDUSD is forming a sideways consolidation in a range between 0.8953 and 0.9496. Further rebound to 0.9400 area to reach the next cycle top on daily chart is still possible in the next several days. As long...

AUDUSD Analysis – Apr 9, 2008

by ForexCycle.com | April 8, 2008 8:28 pm
AUDUSD breaks above 0.9252 resistance and reaches as high as 0.9328. Further rally to 0.9400 area to reach the next cycle top on daily chart is still possible in the next several days. As long as 0.9496...

AUDUSD Analysis – Apr 5, 2008

by ForexCycle.com | April 4, 2008 8:30 pm
AUDUSD is testing 0.9252 resistance, and further rise to 0.9400 area to reach the next cycle top on daily chart could be seen if 0.9252 resistance gives way. However, rebound from 0.8953 is treated as correction to...

AUDUSD Analysis – Apr 2, 2008

by ForexCycle.com | April 1, 2008 8:09 pm
AUDUSD is in consolidation to the down trend. A break below 0.8953 will signal the resumption of the down trend, and further fall to retest 0.8512 previous low support could be seen. Near term resistance is now...

AUDUSD Analysis – Mar 30, 2008

by ForexCycle.com | March 29, 2008 7:08 pm
No changed in our view, AUDUSD is in down trend. Rebound from 0.8953 is treated as correction to the down trend. Deeper decline to retest 0.8512 previous low support is still possible after correction and a break...

AUDUSD Analysis – Mar 26, 2008

by ForexCycle.com | March 25, 2008 7:56 pm
AUDUSD is in down trend. Rebound from 0.8953 is treated as correction to the down trend. Deeper decline to retest 0.8512 previous low support is still possible after correction and a break of 0.8953 level will confirm...

AUDUSD Analysis – Mar 22, 2008

by ForexCycle.com | March 21, 2008 9:18 pm
AUDUSD is in down trend. The fall from 0.9496 extends to as low as 0.8953 level. Deeper decline to retest 0.8512 previous low support is still in favor. Near term resistance is now at 0.9330, as long...

AUDUSD Analysis – Mar 19, 2008

by ForexCycle.com | March 18, 2008 10:00 pm
AUDUSD formed a cycle top at 0.9496 level on daily chart. As long as the previous high resistance at 0.9496 holds, pullback to retest 0.8512 support is in favor, and a break down below 0.9127 level will...

AUDUSD Analysis – Mar 15, 2008

by ForexCycle.com | March 14, 2008 9:15 pm
AUDUSD formed a cycle bottom at 0.9147 level on daily chart. Sideways consolidation in a range between 0.9147 and 0.9496 is expected next week. A break below 0.9147 will signal the resumption of the down trend, and...

AUDUSD Analysis – Mar 12, 2008

by ForexCycle.com | March 11, 2008 7:23 pm
AUDUSD broke below the price channel support and formed a cycle top at 0.9496 level on daily chart. The pair is now in down trend. Pullback to test 0.8512 previous low support is expected. Near term resistance...