AUDUSD Daily Analysis – June 28, 2018

by ForexCycle.com | June 28, 2018 3:01 am
AUDUSD broke below 0.7345 support, suggesting that the downside movement from 0.7676 has resumed. Further decline could be expected and next target would be at 0.7200 area. Resistance is at 0.7390, only a break of this level...

AUDUSD Daily Analysis – June 27, 2018

by ForexCycle.com | June 27, 2018 2:15 am
AUDUSD is facing 0.7345 support, a breakdown below this level could signal resumption of the downtrend from 0.7676, then next target would be at 0.7200 area. On the upside, as long as 0.7345 support holds, the bounces...

AUDUSD Daily Analysis – June 26, 2018

by ForexCycle.com | June 26, 2018 3:03 am
AUDUSD is now in short term uptrend from 0.7345, the pullback from 0.7443 is likely consolidation for the uptrend. Further rally is still possible after the consolidation and next target would be at 0.7520 area. Support is...

AUDUSD Daily Analysis – June 25, 2018

by ForexCycle.com | June 25, 2018 3:22 am
AUDUSD broke above the top trend line of the price channel on the 4-hour chart, indicating that the downside movement from 0.7676 had completed at 0.7345 already. Further rise could be expected and next target would be...

AUDUSD Weekly Analysis – June 24, 2018

by ForexCycle.com | June 24, 2018 6:47 am
AUDUSD extended its downside movement from 0.8135 to as low as 0.7345, breaking below 0.7412 support. Further decline could be expected and next target would be at 0.7000 area. Resistance is at the falling trend line on...

AUDUSD Daily Analysis – June 22, 2018

by ForexCycle.com | June 22, 2018 3:36 am
AUDUSD stays in a falling price channel on the 4-hour chart and remains in the downtrend from 0.7676. As long as the channel resistance holds, the downside movement could be expected to continue and next target would...

AUDUSD Daily Analysis – June 21, 2018

by ForexCycle.com | June 21, 2018 3:10 am
No changed in our view, AUDUSD remains in the downtrend from 0.7676, the bounce from 0.7347 is likely consolidation for the downtrend. Resistance is now at the top of the price channel on the 4-hour chart. As...

AUDUSD Daily Analysis – June 20, 2018

by ForexCycle.com | June 20, 2018 3:17 am
AUDUSD remains in the downtrend from 0.7676, the bounce from 0.7347 is likely consolidation for the downtrend. Resistance is now at 0.7440, only a breakout of this level could signal completion of the downtrend.

AUDUSD Daily Analysis – June 19, 2018

by ForexCycle.com | June 19, 2018 2:18 am
AUDUSD broke below 0.7412 support. Resistance is at 0.7480, as long as this level holds, the downtrend from 0.7676 could be expected to continue and further decline towards 0.7300 is possible. Only a breakout of 0.7480 resistance...

AUDUSD Daily Analysis – June 18, 2018

by ForexCycle.com | June 18, 2018 2:59 am
AUDUSD extended its downside movement from 0.7676 to as low as 0.7625, facing the 0.7412 support. A breakdown below this level could trigger further downside movement towards 0.7300. Resistance is at 0.7520, as long as this level...