AUDUSD Weekly Analysis – January 5, 2020

by ForexCycle.com | January 5, 2020 12:05 pm
AUDUSD is now in the uptrend from 0.6754. 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 would be at...

AUDUSD Daily Analysis – January 3, 2020

by ForexCycle.com | January 3, 2020 4:20 am
AUDUSD broke below 0.6990 support, suggesting that the upside movement from 0.6838 had completed at 0.7031 already. Further decline could be expected after a minor consolidation and the target would be at the rising trend line on...

AUDUSD Daily Analysis – January 2, 2020

by ForexCycle.com | January 2, 2020 2:06 am
AUDUSD’s upside movement from 0.6838 extended to as high as 0.7031. Further rise is still possible after a minor consolidation and next target would be at 0.7070 area. Near term support is at 0.6990, a breakdown below...

AUDUSD Daily Analysis – December 20, 2019

by ForexCycle.com | December 20, 2019 6:37 am
AUDUSD stays above a rising trend line on the 4-hour chart and remains in the uptrend from 0.6754. As long as the trend line support holds, the upside movement could be expected to continue and next target...

AUDUSD Daily Analysis – December 19, 2019

by ForexCycle.com | December 19, 2019 3:02 am
AUDUSD failed to break below the support of the rising trend line on the 4-hour chart and rebounded from 0.6838. Further rally could be expected in the coming days and next target would be at 0.6920 area....

AUDUSD Daily Analysis – December 18, 2019

by ForexCycle.com | December 18, 2019 3:08 am
AUDUSD is facing the support of the rising trend line on the 4-hour chart. A breakdown below the trend line support would indicate that the upside movement from 0.6754 had completed at 0.6938 already, then further decline...

AUDUSD Daily Analysis – December 17, 2019

by ForexCycle.com | December 17, 2019 3:50 am
AUDUSD is in consolidation for the uptrend from 0.6754. As long as the price is above the rising trend line on the 4-hour chart, the upside movement could be expected to resume, and further rise to 0.7000...

AUDUSD Forecasting The Rally After Double Three Pattern

by elliottwave-forecast.com | December 16, 2019 4:46 pm
In this technical blog we’re going to take a quick look at the Elliott Wave charts of AUDUSD published in the membership area of the elliottwave-forecast  . As our members know, AUDUSD recently gave us rally within...

AUDUSD Weekly Analysis – December 15, 2019

by ForexCycle.com | December 15, 2019 5:30 am
AUDUSD broke above the falling trend line on the daily chart. Further rally would likely be seen over the next several days and next target would be at 0.7050 area. Near term support is at 0.6795, a...

AUDUSD Daily Analysis – December 13, 2019

by ForexCycle.com | December 13, 2019 3:30 am
AUDUSD extended its upside movement from 0.6800 to as high as 0.6938. Further rise is still possible after a minor consolidation and next target would be at 0.7000. Near term support is at 0.6890, below this level...