AUDUSD Daily Analysis – August 14, 2020

by ForexCycle.com | August 14, 2020 2:25 am
AUDUSD moved sideways in a trading range between 0.7063 and 0.7242. As long as 0.7063 support holds, the upside movement from 0.6776 (Jun 15 low) could be expected to continue, and next target would be at 0.7350...

AUDUSD Daily Analysis – August 13, 2020

by ForexCycle.com | August 12, 2020 10:38 pm
AUDUSD continued its sideways movement in a trading range between 0.7063 and 0.7242. As long as 0.7063 support holds, the upside movement from 0.6776 (Jun 15 low) could be expected to resume, and further rise to 0.7350...

AUDUSD Daily Analysis – August 12, 2020

by ForexCycle.com | August 12, 2020 4:56 am
AUDUSD moved sideways in a trading range between 0.7063 and 0.7242. The sideways movement is likely consolidation of the uptrend from 0.6776 (Jun 15 low), and further rise towards 0.7350 is possible after the consolidation. Key support...

AUDUSD Daily Analysis – August 11, 2020

by ForexCycle.com | August 10, 2020 10:26 pm
AUDUSD remains in the uptrend from 0.6776 (Jun 15 low), the price action in the trading range between 0.7063 and 0.7242 is likely consolidation for the uptrend. As long as 0.7063 support holds, the upside movement could...

AUDUSD Daily Analysis – August 10, 2020

by ForexCycle.com | August 10, 2020 5:01 am
AUDUSD moved sideways in a trading range between 0.7063 and 0.7242. As long as the price is above the rising trend line on the 4-hour chart, the sideways movement could be treated as consolidation for the uptrend...

AUDUSD Weekly Analysis – August 9, 2020

by ForexCycle.com | August 9, 2020 8:20 am
AUDUSD extended its upside movement from 0.5507 to as high as 0.7242. Further rise would likely be seen next week and next target would be at 0.7500 area. Near term support is at 0.7060, a breakdown below...

AUDUSD Daily Analysis – August 6, 2020

by ForexCycle.com | August 5, 2020 10:35 pm
AUDUSD broke above 0.7227 resistance, suggesting that the uptrend from 0.6776 has resumed. Further rise could be expected in the coming days, and next target would be at 0.7350 area. Key support is at 0.7063, only break...

AUDUSD Daily Analysis – August 5, 2020

by ForexCycle.com | August 5, 2020 3:33 am
AUDUSD moved sideways in a trading range between 0.7063 and 0.7227. As long as the price is above the rising trend line on the 4-hour chart, the sideways movement could be treated as consolidation for the uptrend...

AUDUSD Daily Analysis – August 4, 2020

by ForexCycle.com | August 3, 2020 10:01 pm
AUDUSD remains in the uptrend from 0.6776, the price action from 0.7182 is likely consolidation for the uptrend. As long as the price is above the rising trend line on the 4-hour chart, the upside movement could...

AUDUSD Daily Analysis – August 3, 2020

by ForexCycle.com | August 2, 2020 10:31 pm
AUDUSD stays above a rising trend line on the 4-hour chart and remains in the uptrend from 0.6776. As long as the trend line support holds, the upside movement could be expected to continue and next target...