AUDUSD Weekly Analysis – June 24, 2023

by ForexCycle.com | June 24, 2023 1:29 am
The AUDUSD currency pair has been trading within a sideways range, oscillating between the levels of 0.6170 and 0.7157. This period of consolidation comes after a long-term downtrend from 0.8006. Traders are closely monitoring the price action...

AUDUSD Daily Analysis – June 23, 2023

by ForexCycle.com | June 23, 2023 10:39 am
The AUDUSD currency pair has witnessed an extended downside move, reaching as low as 0.6684. This decline suggests that the pair remains under selling pressure, and there is a possibility of further downside in the near term....

AUDUSD Daily Analysis – June 22, 2023

by ForexCycle.com | June 22, 2023 2:31 am
The AUDUSD currency pair has continued its downward trajectory, extending its move from the 0.6899 level to as low as 0.6740. This ongoing decline suggests that further downside movement could be expected in the coming days. With...

AUDUSD Daily Analysis – June 21, 2023

by ForexCycle.com | June 21, 2023 2:19 am
The AUDUSD currency pair has experienced a short-term downtrend, with a recent rebound observed after touching the 0.6755 support level. The bounce occurred from a low of 0.6752, suggesting a period of consolidation for the downtrend from...

AUDUSD Daily Analysis – June 20, 2023

by ForexCycle.com | June 20, 2023 2:54 am
The AUDUSD currency pair experienced a significant development as it broke below the rising price channel on the 4-hour chart. This breach suggests that the upside move from 0.6457 has potentially completed at the recent high of...

AUDUSD Daily Analysis – June 19, 2023

by ForexCycle.com | June 19, 2023 12:46 am
The AUDUSD currency pair has demonstrated significant strength as it continued its upward trajectory from 0.6457 and reached a high of 0.6899. This extended rally suggests that the pair may have further room to climb, with the...

AUDUSD Weekly Analysis – June 18, 2023

by ForexCycle.com | June 18, 2023 7:48 am
The AUDUSD currency pair has made a significant breakthrough, surpassing the key resistance level at 0.6800. This breakout suggests that another upward move is underway, with the pair potentially targeting the falling trend line on the weekly...

AUDUSD Daily Analysis – June 15, 2023

by ForexCycle.com | June 15, 2023 1:09 am
The AUDUSD currency pair has shown remarkable strength, extending its upward move from 0.6457 to reach as high as 0.6835, surpassing the key resistance level at 0.6817. This breakthrough signifies a continuation of the bullish trend and...

AUDUSD Daily Analysis – June 14, 2023

by ForexCycle.com | June 14, 2023 1:00 am
The AUDUSD currency pair has displayed impressive strength, extending its upward move from 0.6457 to reach as high as 0.6806. This surge indicates a continuation of the bullish trend that has been in place for some time....

AUDUSD Daily Analysis – June 13, 2023

by ForexCycle.com | June 13, 2023 7:18 am
The AUDUSD currency pair has experienced an extended upside movement, reaching as high as 0.6782 from the 0.6457 level. This upward trend is anticipated to persist, with the next target set at the previous high of 0.6817....