AUDUSD Daily Analysis – October 25, 2018

by ForexCycle.com | October 25, 2018 2:52 am
AUDUSD remains in the downtrend from 0.7159. As long as the price is in the falling price channel on the 4-hour chart, the downside movement could be expected to continue and next target would be at 0.7041...

AUDUSD Daily Analysis – October 24, 2018

by ForexCycle.com | October 24, 2018 2:41 am
AUDUSD stays in a falling price channel on its 4-hour chart and remains in the downtrend from 0.7159. As long as the channel resistance holds, the downside movement could be expected to continue and further decline to...

AUDUSD Daily Analysis – October 23, 2018

by ForexCycle.com | October 23, 2018 3:58 am
AUDUSD extended its downside movement from 0.7159 to as low as 0.7063. Deeper decline to test 0.7041 support is possible, below this level would aim 0.6900 area. Resistance is at 0.7110, only a break of this level...

AUDUSD Daily Analysis – October 22, 2018

by ForexCycle.com | October 22, 2018 2:50 am
AUDUSD is now in downtrend from 0.7159. Further decline would likely be seen in the coming days and next target would be at 0.7041 previous low. Resistance is at 0.7159, only a breakout of this level could...

AUDUSD Weekly Analysis – October 20, 2018

by ForexCycle.com | October 20, 2018 8:02 am
AUDUSD remains in the downtrend from 0.8135, the bounce from 0.7041 is likely consolidation for the downtrend. As long as the price is below the bearish trend line on the daily chart, the downside movement could be...

AUDUSD Daily Analysis – October 19, 2018

by ForexCycle.com | October 19, 2018 2:47 am
AUDUSD broke below 0.7095 support, suggesting that the short term uptrend from 0.7041 had completed at 0.7159 already. Further decline could be expected and next target would be at 0.7041 previous low. Resistance is at 0.7130, only...

AUDUSD Daily Analysis – October 18, 2018

by ForexCycle.com | October 18, 2018 3:22 am
AUDUSD failed to break below 0.7095 support, suggesting that the pair remains in the uptrend from 0.7041. Further rally could be expected and next target would be at 0.7200 area. Key support is at 0.7095, only a...

AUDUSD Daily Analysis – October 17, 2018

by ForexCycle.com | October 17, 2018 5:21 am
AUDUSD extended its upside movement from 0.7041 to as high as 0.7151. Further rally could be expected in a couple of days and next target would be at 0.7200 area. Support is at 0.7095, only a breakdown...

AUDUSD Daily Analysis – October 16, 2018

by ForexCycle.com | October 16, 2018 3:02 am
AUDUSD broke above 0.7130 resistance, suggesting that the downside movement from 0.7314 had completed at 0.7041 already. Further rally could be expected in the coming days and next target would be at 0.7200 area. Near term support...

AUDUSD Daily Analysis – October 15, 2018

by ForexCycle.com | October 15, 2018 2:44 am
AUDUSD pulled back into the trading range between 0.7041 and 0.7130 after touching 07130 resistance, suggesting that the pair remains in the downtrend from 0.7314. Another fall to towards 0.7041 previous low would likely be seen, a...