AUDUSD Daily Analysis – November 29, 2018

by ForexCycle.com | November 29, 2018 3:52 am
AUDUSD broke above 0.7277 resistance, suggesting that the upside movement from 0.7020 has resumed. Further rise would likely be seen and a breakout of 0.7337 resistance could take the price to 0.7400 area. Support is at 0.7260,...

AUDUSD Daily Analysis – November 28, 2018

by ForexCycle.com | November 28, 2018 3:02 am
AUDUSD stays in a trading range between 0.7201 and 0.7277. As long as 0.7277 resistance holds, the price action in the range could be treated as consolidation for the downtrend from 0.7337, and further decline to 0.7100...

AUDUSD Daily Analysis – November 27, 2018

by ForexCycle.com | November 27, 2018 1:59 am
AUDUSD is facing 0.7201 support, a breakdown below this level could take the price to 0.7100 area. Resistance is at 0.7277, only a break of this level would indicate that the downside movement from 0.7337 had completed...

AUDUSD Daily Analysis – November 26, 2018

by ForexCycle.com | November 26, 2018 3:38 am
AUDUSD moved sideways in a trading range between 0.7201 and 0.7277. As long as 0.7277 resistance holds, the sideways movement could be treated as consolidation for the downtrend from 0.7337 and a breakdown below 0.7201 support could...

AUDUSD Weekly Analysis – November 24, 2018

by ForexCycle.com | November 24, 2018 3:23 am
AUDUSD extended its upside movement from 0.7020 to as high as 0.7337. Support is at 0.7160, as long as this level holds, the upside movement could be expected to continue and next target would be at 0.7500...

AUDUSD Daily Analysis – November 23, 2018

by ForexCycle.com | November 23, 2018 3:43 am
No changed in our view, AUDUSD remains in the downtrend from 0.7337, the bounce from 0.7201 could be treated as correction of the downtrend. Resistance is at 0.7280, as long as this level holds, the downtrend could...

AUDUSD Daily Analysis – November 22, 2018

by ForexCycle.com | November 22, 2018 3:12 am
AUDUSD remains in the downtrend from 0.7337, the bounce from 0.7201 is likely corrective consolidation for the downtrend. Another fall could be expected after the consolidation and next target would be at 0.7100 area. Resistance is at...

AUDUSD Daily Analysis – November 21, 2018

by ForexCycle.com | November 21, 2018 1:49 am
AUDUSD broke below the bullish trend line on the 4-hour chart, suggesting that the upside movement from 0.7164 had completed at 0.7337 already. Deeper decline to test l0.7164 support would likely be seen and a breakdown below...

AUDUSD Daily Analysis – November 20, 2018

by ForexCycle.com | November 20, 2018 4:58 am
AUDUSD broke below the bullish trend line on the 4-hour chart, suggesting that the upside movement from 0.7164 had completed at 0.7337 already. Deeper decline is possible and next target would be at 0.7200 area. Near term...

AUDUSD Daily Analysis – November 19, 2018

by ForexCycle.com | November 19, 2018 2:34 am
AUDUSD broke above 0.7302 resistance and extended its upside movement from 0.7164 to as high as 0.7337. As long as the price is above the bullish trend line on the 4-hour chart, the upside movement could be...