AUDUSD Daily Analysis – August 1, 2018

by ForexCycle.com | August 1, 2018 3:56 am
AUDUSD continued its sideways movement in a trading range between 0.7310 and 0.7483. Another fall towards 0.7330 is possible in the coming days. Resistance is at the falling trend line on the 4-hour chart, a clear break...

AUDUSD Daily Analysis – July 31, 2018

by ForexCycle.com | July 31, 2018 1:01 am
AUDUSD moved sideways in a trading range between 0.7310 and 0.7483. Another fall towards 0.7300 would likely be seen in a couple of days. Near term resistance is at 0.7425, only break above this level could trigger...

AUDUSD Daily Analysis – July 30, 2018

by ForexCycle.com | July 30, 2018 1:53 am
AUDUSD is in short term downtrend from 0.7464. Deeper decline is still possible after a minor consolidation and next target would be at 1.7300 area. Near term resistance is at 0.7425, only break above this level could...

AUDUSD Weekly Analysis – July 29, 2018

by ForexCycle.com | July 29, 2018 7:41 am
AUDUSD stays below a falling trend line on the daily chart and remains in the downtrend from 0.8135. As long as the trend line resistance holds, the sideways movement in a trading range between 0.7310 and 0.7483...

AUDUSD Daily Analysis – July 27, 2018

by ForexCycle.com | July 27, 2018 12:32 am
AUDUSD failed to break above 0.7483 resistance and pulled back from 0.7464. Deeper decline would likely be seen in a couple of days and next target would be at 0.7300 area. On the upside, a break of...

AUDUSD Daily Analysis – July 26, 2018

by ForexCycle.com | July 26, 2018 1:09 am
AUDUSD broke above 0.7442 resistance and extended its upside movement from 0.7317 to as high as 0.7464. Further rise to test 0.7483 resistance could be expected and a break of this level could trigger further upside movement...

AUDUSD Daily Analysis – July 25, 2018

by ForexCycle.com | July 25, 2018 2:40 am
AUDUSD pulled back to 0.7410 area after touching 0.7442 resistance. Another fall towards 0.7300 would likely be seen in the coming days. Only a clear break above 0.7442 resistance could trigger further upside movement towards 0.7550.

AUDUSD Daily Analysis – July 24, 2018

by ForexCycle.com | July 24, 2018 2:14 am
AUDUSD failed to break above 0.7442 resistance and pulled back to 0.7370 area. Another fall towards 0.7300 would likely be seen in a couple of days. However, a break of 0.7442 resistance could trigger further upside movement...

AUDUSD Daily Analysis – July 23, 2018

by ForexCycle.com | July 23, 2018 3:08 am
AUDUSD failed to break below 1.7310 support and is now facing 0.7442 resistance. A break of this level could trigger further upside movement towards 0.7550. Support is at 0.7380, only a breakdown below this level could bring...

AUDUSD Weekly Analysis – July 22, 2018

by ForexCycle.com | July 22, 2018 12:31 pm
AUDUSD moved sideways in a trading range between 0.7310 and 0.7483. As long as 0.7483 resistance holds, the sideways move could be treated as consolidation for the downtrend and further decline to 0.7000 area is still possible...