AUDUSD Daily Analysis – November 18, 2019

by ForexCycle.com | November 17, 2019 11:43 pm
AUDUSD broke above the resistance of the falling price channel on the 4-hour chart, suggesting that consolidation for the downtrend from 0.6929 is underway. Range trading between 0.6769 and 0.6840 would likely be seen in the coming...

AUDUSD Weekly Analysis – November 17, 2019

by ForexCycle.com | November 17, 2019 10:51 am
AUDUSD stays below a falling trend line on the daily chart and remains in the downtrend from 0.7205. As long as the trend line resistance holds, the downtrend could be expected to continue and next target would...

AUDUSD Daily Analysis – November 15, 2019

by ForexCycle.com | November 15, 2019 4:21 am
AUDUSD’s downside movement from 0.6929 extended to as low as 0.6769. As long as the price is in the falling channel on the 4-hour chart, the downside movement could be expected to continue and next target would...

AUDUSD Daily Analysis – November 14, 2019

by ForexCycle.com | November 13, 2019 10:18 pm
AUDUSD extended its downside movement from 0.6929 to as low as 0.6821. Further decline would likely be seen in a couple of days and next target would be at 0.6800 area. Resistance is at 0.6865, a break...

AUDUSD Daily Analysis – November 13, 2019

by ForexCycle.com | November 12, 2019 10:58 pm
AUDUSD’s downside movement from 0.6929 extended to as low as 0.6831. As long as 0.6865 resistance holds, the downside movement could be expected to continue and next target would be at 0.6800 area. Only break above 0.6865...

AUDUSD Daily Analysis – November 12, 2019

by ForexCycle.com | November 12, 2019 12:40 pm
AUDUSD extended its downside movement from 0.6929 to as low as 0.6831. Further decline would likely be seen in the coming days and next target would be at 0.6800 area. Near term resistance is at 0.6865, a...

AUDUSD Daily Analysis – November 11, 2019

by ForexCycle.com | November 10, 2019 10:55 pm
AUDUSD broke below the support of the rising price channel on the 4-hour chart, suggesting that the upside movement from 0.6670 had completed at 0.6929 already. Further decline could be expected in the coming days and next...

AUDUSD Weekly Analysis – November 10, 2019

by ForexCycle.com | November 10, 2019 9:41 am
AUDUSD failed to break above the resistance of the falling trend line on the daily chart and pulled back to 0.6900 area. Deeper decline to test 0.6800 support is possible next week, a breakdown below this level...

AUDUSD Daily Analysis – November 8, 2019

by ForexCycle.com | November 8, 2019 4:59 am
AUDUSD stays in a rising price channel on the 4-hour chart and remains in the uptrend from 0.6670. As long as the channel support holds, the pullback from 0.6929 could be treated as consolidation for the uptrend,...

AUDUSD Daily Analysis – November 7, 2019

by ForexCycle.com | November 7, 2019 1:43 am
AUDUSD’s fall from 0.6929 extended to as low as 0.6868. Deeper decline would likely be seen in the coming days and next target would be at 0.6840 area. However, as long as 0.6840 support holds, the fall...