AUDUSD Daily Analysis – November 6, 2018

by ForexCycle.com | November 6, 2018 12:34 am
AUDUSD formed a sideways consolidation in a trading range between 0.7180 and 0.7258. As long as 0.7180 support holds, the upside movement from 0.7020 could be expected to resume and further rise to 0.7300 area is still...

AUDUSD Daily Analysis – November 5, 2018

by ForexCycle.com | November 5, 2018 2:05 am
AUDUSD extended its upside movement from 0.7020 to as high as 0.7258. Further rise is still possible after consolidation and next target would be at 0.7300 area. Support is at 0.7150, a breakdown below this level would...

AUDUSD Weekly Analysis – November 3, 2018

by ForexCycle.com | November 3, 2018 4:02 am
AUDUSD is facing the resistance of the bearish trend line on the daily chart. As long as the trend line resistance holds, the bounce from 0.7020 could be treated as consolidation for the downtrend from 0.8135 and...

AUDUSD Daily Analysis – November 2, 2018

by ForexCycle.com | November 2, 2018 2:20 am
AUDUSD broke above 0.7159 resistance and extended its upside movement from 0.7020 to as high as 0.7213. Further rise is still possible after a minor consolidation and next target would be at 0.7300 area. Near term support...

AUDUSD Daily Analysis – November 1, 2018

by ForexCycle.com | November 1, 2018 4:56 am
AUDUSD extended its upside movement from 0.7020 to as high as 0.7133. Further rally is still possible and next target would be at 0.7159 resistance. Support is located at the rising trend line on the 4-hour chart,...

AUDUSD Daily Analysis – October 31, 2018

by ForexCycle.com | October 31, 2018 2:27 am
AUDUSD remains in the short term uptrend from 0.7020. Further rally is still possible in a couple of days and next target would be at 0.7150 area. Support is at 0.7020, only a breakdown below this level...

AUDUSD Daily Analysis – October 30, 2018

by ForexCycle.com | October 30, 2018 2:07 am
AUDUSD’s short term downtrend from 0.7159 had completed at 0.7020 already. Further rally would likely be seen and next target would be at 0.7150 area. Support is at 0.7020, only a breakdown below this level could trigger...

AUDUSD Daily Analysis – October 29, 2018

by ForexCycle.com | October 29, 2018 5:48 am
AUDUSD broke above the bearish price channel on the 4-hour chart, suggesting that the short term downtrend from 0.7159 had completed at 0.7020 already. Further rally would likely be seen and next target would be at 0.7150...

AUDUSD Weekly Analysis – October 28, 2018

by ForexCycle.com | October 28, 2018 6:58 am
AUDUSD extended its downside movement from 0.8135 to as low as 0.7020. As long as the price is below the bearish trend line on the daily chart, further decline could be expected and next target would be...

AUDUSD Daily Analysis – October 26, 2018

by ForexCycle.com | October 26, 2018 2:25 am
AUDUSD stays in a falling price channel on the 4-hour chart and remains in the downtrend from 0.7159. Deeper decline to test 0.7041 support is still possible and a breakdown below this level could trigger further downside...