AUDUSD formed a cycle top at 0.7014 on daily chart. Pullback is expected to retest 0.6008 support, a break down below this level will signal deeper decline towards 0.5500 zone. Key resistance is now located at 0.7014,...
AUDUSD formed a cycle bottom at 0.6008 on daily chart. Further rise to test 0.7238 resistance is still possible next week. As long as this level holds, the rise from 0.6008 is treated as consolidation to down...
AUDUSD is forming a sideways consolidation in a range between 0.6008 and 0.7238. As long as 0.7238 resistance holds, we’d expect down trend to resume and deeper decline is still possible to 0.5700 zone. However, above 0.7238...
AUDUSD remains in down trend, and the rise from 0.6008 is treated as correction to down trend. Further rise to test the key resistance at 0.7238 is possible. As long as this level holds, we’d expect down...
AUDUSD breaks below 0.6330 previous low and the downtrend from 0.9849 extends further to as low as 0.6056 level. Deeper decline is still possible to 0.5700 zone next week. Initial resistance is at 1.6500, as long as...
AUDUSD remains in down trend. The rebound from 0.6330 is treated as correction to down trend. Deeper decline is still possible to 0.6000 zone after correction. Initial resistance is now located at 0.7425, only rise above this...
AUDUSD breaks below 0.6775 (June 2004 low) long term support, and drops sharply to 0.6330 level. Deeper decline is still possible to 0.6000 zone next week. Initial resistance is located at 0.7150, as long as this level...
AUDUSD breaks below 0.7802 previous low support and reaches as low as 0.7698 level. Deeper decline could be seen to 0.7500 zone next week. Near term resistance is now at 0.7900, as long as this level holds,...
AUDUSD pulls back sharply from 0.8519 and formed a cycle top on 4-hour chart. Further fall is still possible to test 0.7802 previous low support. As long as this level holds, the fall from 0.8519 is treated...
AUDUSD is in up trend, and the fall from 0.8519 is treated as consolidation to up trend. Initial support is at 0.8075, as long as this level holds, we’d expect up trend to resume and further rise...
