AUDUSD Weekly Analysis – August 2, 2020

by ForexCycle.com | August 2, 2020 2:04 pm
AUDUSD’s upside movement from 0.5507 extended to as high as 0.7227. As long as the price is above the rising trend line on the daily chart, the upside movement could be expected to continue and next target...

AUDUSD Daily Analysis – July 30, 2020

by ForexCycle.com | July 29, 2020 10:18 pm
AUDUSD broke above 0.7182 resistance, suggesting that the uptrend from 0.6832 has resumed. Further rise could be expected in the coming days and next target would be at 0.7300 area. Near term support is at 0.7100, a...

AUDUSD Daily Analysis – July 28, 2020

by ForexCycle.com | July 28, 2020 12:58 am
AUDUSD is facing 0.7182 resistance, a break of this level could signal resumption of the uptrend from 0.6776, then next target would be at 0.7300 area. Near term support is at 0.7063, a breakdown below this level...

AUDUSD Daily Analysis – July 27, 2020

by ForexCycle.com | July 26, 2020 10:48 pm
AUDUSD remains in the uptrend from 0.6776, the pullback 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 be...

AUDUSD Weekly Analysis – July 26, 2020

by ForexCycle.com | July 26, 2020 10:11 am
AUDUSD broke above 0.7063 resistance and extended its upside movement from 0.5507 to as high as 0.7182. Further rise is still possible next week and next target would be at 0.7300 area. Support is located at the...

AUDUSD Daily Analysis – July 24, 2020

by ForexCycle.com | July 24, 2020 3:11 am
AUDUSD stays above a rising trend line on the 4-hour chart and remains in the uptrend from 0.6832. As long as the trend line support holds, the upside movement could be expected to continue and next target...

AUDUSD Daily Analysis – July 23, 2020

by ForexCycle.com | July 22, 2020 10:29 pm
AUDUSD extended its upside movement from 0.6832 to as high as 0.7182. Further rise is still possible after a minor consolidation and next target would be at 0.7250 area. Near term support is at 0.7090, a breakdown...

AUDUSD Daily Analysis – July 22, 2020

by ForexCycle.com | July 22, 2020 1:55 am
AUDUSD broke above 0.7063 resistance and extended its upside movement from 0.6832 to as high as 0.7146. Further rise could be expected after a minor consolidation and next target would be at 0.7250 area. Near term support...

AUDUSD Daily Analysis – July 21, 2020

by ForexCycle.com | July 21, 2020 4:37 am
AUDUSD is facing 0.7037 resistance. A breakout of this level could trigger further upside movement towards 0.7100. Support is located at the rising trend line on the 4-hour chart, only a breakdown below the trend line support...

AUDUSD Daily Analysis – July 20, 2020

by ForexCycle.com | July 19, 2020 10:39 pm
AUDUSD stays above a rising trend line on the 4-hour chart and remains in the uptrend from 0.6832. As long as the trend line support holds, the upside movement could be expected to continue and next target...