AUDUSD Daily Analysis – July 10, 2018

by ForexCycle.com | July 10, 2018 2:47 am
AUDUSD’s upside movement from 0.7310 extended to as high as 0.7483. Further rise is still possible in a couple of days and next target would be at 0.7550 area. Support is now at 0.7420, only a breakdown...

AUDUSD Daily Analysis – July 9, 2018

by ForexCycle.com | July 9, 2018 3:34 am
AUDUSD extended its upside movement from 0.7310 to as high as 0.7461, breaking above 0.7443 resistance. Further rise is still possible in the coming days and next target would be at 0.7550 area. Support is at 0.7400,...

AUDUSD Weekly Analysis – July 8, 2018

by ForexCycle.com | July 8, 2018 3:52 am
AUDUSD stays below the falling trend line on the daily chart and remains in the downtrend from 0.8135, the bounce from 0.7310 is likely consolidation for the downtrend. Near term resistance is at 0.7443, as long as...

AUDUSD Daily Analysis – July 6, 2018

by ForexCycle.com | July 5, 2018 10:19 pm
AUDUSD moved sideways in a trading range between 0.7310 and 0.7443. As long as 0.7443 resistance holds, the sideways movement could be treated as consolidation for the downtrend from 0.7676, and a breakdown below 0.7310 support could...

AUDUSD Daily Analysis – July 5, 2018

by ForexCycle.com | July 5, 2018 12:29 am
AUDUSD extended its upside movement from 0.7310 to as high as 0.7424, breaking above the falling trend line on the 4-hour chart. Further rise to test 0.7443 resistance would likely be seen in the coming days, and...

AUDUSD Daily Analysis – July 4, 2018

by ForexCycle.com | July 4, 2018 2:14 am
AUDUSD is testing that resistance of the falling trend line on the 4-hour chart. A clear break above the trend line resistance could take the price to next resistance level at 0.7443. Above this level would indicate...

AUDUSD Daily Analysis – July 3, 2018

by ForexCycle.com | July 3, 2018 2:31 am
AUDUSD broke below 0.7322 support and extended its downside movement from 0.7676 to as low as 0.7310. Further decline is still possible and next target would be at 0.7200 area. Near term resistance is at the falling...

AUDUSD Daily Analysis – July 2, 2018

by ForexCycle.com | July 2, 2018 3:40 am
AUDUSD moved sideways in a trading range between 0.7322 and 0.7443. As long as 0.7443 resistance holds, the sideways movement could be treated as consolidation for the downtrend from 0.7676 and a breakdown below 0.7322 support could...

AUDUSD Weekly Analysis – July 1, 2018

by ForexCycle.com | July 1, 2018 8:25 am
AUDUSD’s downside movement from 0.8135 extended to as low as 0.7322. Near term resistance is at 0.7443, as long as this level holds, the downside movement could be expected to continue and next target would be at...

AUDUSD Daily Analysis – June 29, 2018

by ForexCycle.com | June 29, 2018 2:12 am
AUDUSD’s downside movement from 0.7676 extended to as low as 0.7322. Further decline could be expected after a minor consolidation and next target would be at 0.7200 area. Resistance is now at 0.7375, a breakout of this...