AUDUSD Analysis – September 12, 2009

by ForexCycle.com | September 12, 2009 3:48 am
AUDUSD remains in uptrend from 0.6248, and the rise extends to as high as 0.8674 level. Further rally is still possible next week and next target would be at 0.8900-0.9000 area. Key support is at 0.8155, as...

AUDUSD Analysis – September 5, 2009

by ForexCycle.com | September 5, 2009 2:57 am
AUDUSD broke above 0.8477 resistance, suggesting that the uptrend from 0.6248 has resumed. Further rise is expected next week and next target would be at 0.8600-0.8700 area. Key support is at 0.8155, only fall below this level...

AUDUSD Analysis – August 30, 2009

by ForexCycle.com | August 30, 2009 2:33 am
AUDUSD is testing 0.8477 previous high resistance, a break above this level will suggest that the uptrend from 0.6248 has resumed, and then further rally could be seen to 0.8600 zone. As long as 0.8477 resistance holds,...

AUDUSD Analysis – August 22, 2009

by ForexCycle.com | August 22, 2009 3:46 am
AUDUSD might be forming a cycle top at 0.8477 level on daily chart. Key support is now at 0.8155, a break below this level will confirm the cycle top and indicate that the uptrend from 0.7703 has...

AUDUSD Analysis – August 15, 2009

by ForexCycle.com | August 15, 2009 2:41 am
AUDUSD remains in uptrend from 0.6248 and the rise extends to as high as 0.8477 level. As long as 1.8180 support holds, wed expect further rally to 0.8600 zone. However, below this level will indicate that the...

AUDUSD Analysis – August 8, 2009

by ForexCycle.com | August 8, 2009 2:56 am
No changed in our view, AUDUSD remains in uptrend from 0.6248. Further rise to 0.8500 zone to reach the next cycle top on daily chart is possible next week. Key support is now at 0.8124, a break...

AUDUSD Analysis – August 1, 2009

by ForexCycle.com | August 1, 2009 5:47 am
AUDUSD remains in uptrend from 0.6248, and the rise extends to as high as 0.8365 level. Further rally to 0.8500 zone to reach the next cycle top is still possible next week. Near term support is at...

AUDUSD Analysis – July 29, 2009

by ForexCycle.com | July 29, 2009 1:28 am
As expected, AUDUSD breaks above 0.8263 previous high resistance. Further rally to 0.8500 is still possible in next several days. Near term support is now at 0.8050, as long as this level holds, we would expect the...

AUDUSD Analysis – July 25, 2009

by ForexCycle.com | July 25, 2009 1:27 am
AUDUSD is testing 0.8263 previous high resistance. Breaking above this level would more likely be seen next week and further rally to 0.8500 zone to reach the next cycle top on daily chart is expected to follow....

AUDUSD Analysis – July 21, 2009

by ForexCycle.com | July 21, 2009 3:25 am
AUDUSD breaks above the resistance of the upper border of falling price channel, suggesting that a cycle bottom has been formed at 0.7703 level on daily chart, and the uptrend from 0.6248 has resumed. Further rally is...