AUDUSD Daily Analysis – September 5, 2018

by ForexCycle.com | September 5, 2018 1:15 am
AUDUSD broke below 0.7165 support, suggesting that the downside movement from 0.7381 has resumed. Further decline is still possible in the coming days and next target would be at 0.7100 area. Resistance is at 0.7235, only a...

AUDUSD Daily Analysis – September 4, 2018

by ForexCycle.com | September 4, 2018 1:32 am
AUDUSD remains in the downtrend from 0.7381, the bounce from 0.7165 is likely consolidation for the downtrend. Range trading between 0.7165 and 0.7250 would likely be seen in a couple of days. Support is at 0.7165, a...

AUDUSD Daily Analysis – September 3, 2018

by ForexCycle.com | September 3, 2018 3:35 am
AUDUSD broke below 0.7202 support and extended its downside movement from 0.7381 to as low as 0.7165. Near term resistance is at 0.7230, only a break of this level could bring the price back towards 0.7381 resistance.

AUDUSD Weekly Analysis – September 2, 2018

by ForexCycle.com | September 2, 2018 2:41 am
AUDUSD broke below 0.7202 support and extended its downside movement from 0.8135 to as low as 0.7175. As long as the price is below the bearish trend line on the daily chart, the downside movement could be...

AUDUSD Daily Analysis – August 31, 2018

by ForexCycle.com | August 31, 2018 3:00 am
AUDUSD is facing 0.7237 support, a breakdown below this level could take the price to next support level at 0.7200. Near term resistance is at 0.7290, only a break of this level could bring the price back...

AUDUSD Daily Analysis – August 30, 2018

by ForexCycle.com | August 30, 2018 3:00 am
AUDUSD failed to break above 0.7381 resistance and pulled back to 0.7275. Lengthier sideways movement in a trading range between 0.7202 and 0.7381 could be expected in the coming days.

AUDUSD Daily Analysis – August 28, 2018

by ForexCycle.com | August 28, 2018 2:13 am
AUDUSD is facing 0.7381 resistance, a break of this level could trigger further bullish move to 0.7450 area. Near term support is at 0.7290, only a breakdown below this level could bring the price back towards 0.7202...

AUDUSD Daily Analysis – August 27, 2018

by ForexCycle.com | August 27, 2018 1:55 am
AUDUSD failed to break below 0.7202 support and rebounded strongly from 0.7237. Further rally to test 0.7381 resistance is possible in the coming days, a break of this level could trigger further bullish move to 0.7450 area....

AUDUSD Weekly Analysis – August 26, 2018

by ForexCycle.com | August 26, 2018 5:57 am
AUDUSD remains in the downtrend from 0.8135, the price action from 0.7202 is likely consolidation for the downtrend. As long as the price is below the falling trend line on the daily chart, the downside movement could...

AUDUSD Daily Analysis – August 24, 2018

by ForexCycle.com | August 24, 2018 4:04 am
AUDUSD’s downside movement from 0.7381 extended to as low as 0.7237. Deeper decline to test 0.7202 support is still possible after a minor consolidation. Resistance is at 0.7310, only a break of this level could bring the...