AUDUSD Daily Analysis – June 11, 2020

by ForexCycle.com | June 11, 2020 3:37 am
AUDUSD extended its upside movement from 0.6401 to as high as 0.7063. Further rise could be expected after consolidation and next target would be at 0.7200 area. Near term support is at 0.6898, a breakdown below this...

AUDUSD Daily Analysis – June 9, 2020

by ForexCycle.com | June 9, 2020 3:37 am
AUDUSD stays above a rising trend line on the 4-hour chart and remains in the uptrend from 0.6401. As long as the trend line support holds, the upside movement could be expected to continue and next target...

AUDUSD Daily Analysis – June 8, 2020

by ForexCycle.com | June 8, 2020 2:40 am
AUDUSD extended its upside movement from 0.6401 to as high as 0.7012. Further rise would likely be seen and next target would be at 0.7100 area. Support is at 0.6856, a breakdown below this level could bring...

AUDUSD Daily Analysis – June 5, 2020

by ForexCycle.com | June 5, 2020 1:27 am
AUDUSD is in consolidation for the uptrend from 0.6401. Range trading between 0.6856 and 0.6987 would likely be seen. As long as 0.6856 support holds, the upside movement could be expected to continue and next target would...

AUDUSD Daily Analysis – June 4, 2020

by ForexCycle.com | June 4, 2020 1:49 am
AUDUSD’s upside movement from 0.6401 to as high as 0.6983. Further rise would likely be seen and next target would be at 0.7100 area. Near term support is at 0.6850, a breakdown below this level could bring...

AUDUSD Daily Analysis – June 2, 2020

by ForexCycle.com | June 2, 2020 2:25 am
AUDUSD extended its upside movement from 0.6401 to as high as 0.6812. As long as the price is above the rising trend line on the 4-hour chart, the upside movement could be expected to continue and next...

AUDUSD Daily Analysis – June 1, 2020

by ForexCycle.com | June 1, 2020 3:10 am
After consolidation, AUDUSD broke above 0.6680 resistance and extended its upside movement from 0.6401 to as high as 0.6742. As long as the price is above the rising trend line on the 4-hour chart, the upside movement...

AUDUSD Daily Analysis – May 29, 2020

by ForexCycle.com | May 29, 2020 3:41 am
AUDUSD moved sideways in a trading range between 0.6567 and 0.6680. 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 – May 28, 2020

by ForexCycle.com | May 28, 2020 2:45 am
AUDUSD stays above a rising trend line on the 4-hour chart and remains in the uptrend from 0.6401. As long as the trend line support holds, the upside movement could be expected to continue and next target...

AUDUSD Daily Analysis – May 27, 2020

by ForexCycle.com | May 27, 2020 4:13 am
AUDUSD broke above 0.6615 resistance, suggesting that the uptrend from 0.6401 has resumed. Further rising could be expected and next target would be at 0.6800 area. Near term support is at 0.6600, a breakdown below this level...