AUDUSD Daily Analysis – April 20, 2020

by ForexCycle.com | April 20, 2020 1:07 am
AUDUSD moved sideways in a trading range between 0.6263 and 0.6444. As long as 0.6263 support holds, the sideways movement could be treated as consolidation for the uptrend from 0.5507, and further rise towards 0.6600 is possible...

AUDUSD Weekly Analysis – April 19, 2020

by ForexCycle.com | April 19, 2020 2:48 am
AUDUSD extended its upside movement from 0.5507 to as high as 0.6444, facing the resistance at the falling trend line on the daily chart, a breakout of the trend line resistance could trigger further upside movement to...

AUDUSD Daily Analysis – April 17, 2020

by ForexCycle.com | April 17, 2020 1:48 am
AUDUSD rebounded strongly from 0.6263, suggesting that the fall from 0.6444 had completed. Further rise would likely be seen and next target would be at 0.6444 resistance, followed by 0.6550 area. Support is at 0.6263, only break...

AUDUSD Daily Analysis – April 16, 2020

by ForexCycle.com | April 16, 2020 1:30 am
AUDUSD broke below the bullish trend line on the 4-hour chart, suggesting that the upside movement from 0.5979 had completed at 0.6444 already. Deeper decline would likely be seen in a couple of days and next target...

AUDUSD Daily Analysis – April 15, 2020

by ForexCycle.com | April 15, 2020 1:56 am
AUDUSD stays above a bullish trend line on the 4-hour chart and remains in the uptrend from 0.5979. As long as the trend line support holds, the upside movement could be expected to continue and next target...

AUDUSD Daily Analysis – April 14, 2020

by ForexCycle.com | April 14, 2020 2:38 am
AUDUSD’s upside movement from 0.5979 extended to as high as 0.6431. 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 target...

AUDUSD Daily Analysis – April 13, 2020

by ForexCycle.com | April 13, 2020 2:41 am
AUDUSD extended its upside movement from 0.5979 to as high as 0.6367. 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 Weekly Analysis – April 12, 2020

by ForexCycle.com | April 12, 2020 9:32 am
AUDUSD extended its upside movement from 0.5507 to as high as 0.6367. Further rise would likely be seen and next target would be at the falling trend line on the daily chart. Near term support is at...

AUDUSD Daily Analysis – April 10, 2020

by ForexCycle.com | April 10, 2020 12:27 am
AUDUSD stays above a bullish trend line on the 4-hour chart and remains in the uptrend from 0.5979. As long as the trendline support holds, the upside movement could be expected to continue and next target would...

AUDUSD Daily Analysis – April 9, 2020

by ForexCycle.com | April 9, 2020 2:02 am
AUDUSD broke above 0.6213 resistance, suggesting that the uptrend from 0.5507 has resumed. 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...