AUDUSD Analysis. Jan 20, 2008

by ForexCycle.com | January 19, 2008 7:11 pm
Being supported by the key support at 0.8682 level, AUDUSD rebounded from 0.8699 level. Further rise towards 0.9398 is still possible, and a break above 0.9018 previous high will signal the resumption of the up trend. On...

AUDUSD Analysis. Jan 16, 2008

by ForexCycle.com | January 15, 2008 7:33 pm
AUDUSD pulled back from 0.9018 level, further fall to test the key support at 0.8682 is still possible, a break below this level will signal the reversal to the up trend, and further fall below 0.8551 previous...

AUDUSD Analysis. Jan 13, 2008

by ForexCycle.com | January 13, 2008 3:16 am
AUDUSD broke above the previous high resistance at 0.8846 and reached as high as 0.8975. Further rise towards 0.9300 area is expected to follow next week. Near term support is at 0.8810, followed by 0.8682.

AUDUSD Analysis. Jan 9, 2008

by ForexCycle.com | January 8, 2008 8:08 pm
AUDUSD is testing the previous high resistance at 0.8846, only above this level will indicate lengthier correction to the down trend. Near term support is at 0.8680, a break below this level will signal the resumption of...

AUDUSD Analysis, Jan 5, 2008

by ForexCycle.com | January 5, 2008 5:16 am
AUDUSD is forming a cycle top at 0.8846 level. Further fall towards 1.8300 area may be expected, and a break below 0.8551 previous low will confirm such case. Near term resistance is at 0.8846, only break of...