AUDUSD Weekly Analysis – December 1, 2019

by ForexCycle.com | December 1, 2019 2:08 pm
AUDUSD moved sideways in a trading range between 0.6670 and 0.6929 for several months. As long as the price is below the falling trend line on the daily chart, the sideways movement could be treated as consolidation...

AUDUSD Daily Analysis – November 29, 2019

by ForexCycle.com | November 29, 2019 3:33 am
AUDUSD stays in a falling price channel on the 4-hour chart and remains in the downtrend from 0.6834. As long as the price is in the channel, the downside movement could be expected to continue and next...

AUDUSD Daily Analysis – November 28, 2019

by ForexCycle.com | November 28, 2019 1:45 am
AUDUSD extended its downside movement from 0.6834 to as low as 0.6758. As long as the channel resistance holds, the downside movement could be expected to continue and next target would be at 0.6700 area. Key resistance...

AUDUSD Daily Analysis – November 27, 2019

by ForexCycle.com | November 27, 2019 3:58 am
AUDUSD stays in a falling price channel on the 4-hour chart and remains in the short term downtrend from 0.6834. As long as the channel resistance holds, the downtrend could be expected to continue and next target...

AUDUSD Daily Analysis – November 26, 2019

by ForexCycle.com | November 26, 2019 3:58 am
AUDUSD broke below 0.6769 support, suggesting that the downtrend from 0.6929 has resumed. Further decline could be expected and next target would be at 0.6700 area. Near term resistance is at 0.6800, above this level could trigger...

AUDUSD Daily Analysis – November 25, 2019

by ForexCycle.com | November 25, 2019 2:58 am
AUDUSD stays in a trading range between 0.6769 and 0.6840. The price action in the range is likely consolidation for the downtrend from 0.6929, further decline towards 0.6700 is possible after the consolidation. Only break above 0.6840...

AUDUSD Daily Analysis – November 22, 2019

by ForexCycle.com | November 22, 2019 3:07 am
AUDUSD continued its sideways movement in a trading range between 0.6769 and 0.6840. As long as 0.6840 resistance holds, the downside movement from 0.6929 could be expected to resume, and further decline to 0.6700 area is still...

AUDUSD Daily Analysis – November 21, 2019

by ForexCycle.com | November 21, 2019 2:06 am
AUDUSD failed to break above 0.6840 resistance and stays in a trading range between 0.6769 and 0.6840. As long as 0.6840 resistance holds, the price action in the range could be treated as consolidation for the downtrend...

AUDUSD Daily Analysis – November 20, 2019

by ForexCycle.com | November 20, 2019 2:11 am
AUDUSD is facing 0.6840 resistance, a break of this level would indicate that the downside movement from 0.6929 had completed at 0.6769 already, then another rise towards 0.6900 could be seen. On the downside, as long as...

AUDUSD Daily Analysis – November 19, 2019

by ForexCycle.com | November 19, 2019 4:27 am
AUDUSD is in consolidation for the downtrend from 0.6929. Range trading between 0.6769 and 0.6840 would likely be seen in the coming days. Resistance is at 0.6840, as long as this level holds, the downtrend could be...