AUDUSD Tumbles Below Support: Uptrend Over or Temporary Dip?

by ForexCycle.com | March 18, 2024 2:55 am
AUDUSD has displayed a fresh wave of decline, breaking below a key support level. This analysis examines the technical situation and explores potential scenarios for the currency pair. Downside Move Gains Momentum: Further Decline Expected: Signs of...

AUDUSD Uptrend Takes a Breather: Correction or Reversal?

by ForexCycle.com | March 13, 2024 5:04 am
AUDUSD has displayed a recent pullback after a strong uptrend, prompting a closer look at the technical situation. This analysis explores the potential scenarios for the currency pair. Uptrend Intact, But Correction Likely: Key Levels to Watch:...

AUDUSD Charges Higher: Uptrend in Motion, But Can It Hold?

by ForexCycle.com | March 7, 2024 11:49 pm
AUDUSD has been on a bullish run, climbing from 0.6477 and reaching new highs. This analysis examines the technical outlook and explores potential scenarios for the currency pair. Uptrend in Control: Support Levels to Watch: Overall Sentiment:...

AUDUSD Stages Rebound: Can the Bulls Break Higher or Face Reversal?

by ForexCycle.com | March 7, 2024 12:38 am
AUDUSD has displayed a positive turn, bouncing from recent lows and exceeding key resistance. This analysis delves into the technical situation and explores potential scenarios for the currency pair. Bulls Emerge After Sharp Drop Resistance Awaits: Bulls...

AUDUSD Under Pressure: Downtrend in Control or Potential Reversal?

by ForexCycle.com | March 1, 2024 10:49 am
AUDUSD remains under pressure, staying below the falling trend line on the 4-hour chart. This technical analysis explores the current situation and potential future scenarios for the currency pair. Downtrend Prevails: Lower Lows Expected? Bullish Signal: Watching...

AUDUSD Tumbles Below Support: Downtrend Confirmed or False Breakdown?

by ForexCycle.com | February 29, 2024 2:27 am
AUDUSD has displayed a bearish signal, breaking below the crucial support level of 0.6521. This breakdown suggests a potential completion of the upside move that began at 0.6442 and peaked at 0.6594. Let’s analyze the situation further...

AUDUSD in Stasis: Uptrend Pause or Reversal Signal?

by ForexCycle.com | February 27, 2024 4:33 am
AUDUSD has been caught in a sideways movement between 0.6521 and 0.6594, leaving the near-term direction unclear. This analysis explores the potential implications of this price action, considering both bullish and bearish scenarios. Uptrend on Hold? Consolidation...

AUDUSD Breaks Free: Uptrend Resumption or False Dawn?

by ForexCycle.com | February 23, 2024 4:54 am
AUDUSD has clawed its way back from recent lows, breaking above the confines of a falling price channel on the 4-hour chart. This bullish breakout raises questions: has the downtrend truly ended, or is this just a...