AUDUSD Daily Analysis – November 6, 2019

by ForexCycle.com | November 6, 2019 2:38 am
AUDUSD is in consolidation for the uptrend from 0.6670. Range trading between 0.6840 and 0.6929 would likely be seen in a couple of days. As long as 0.6840 support holds, the uptrend could be expected to resume,...

AUDUSD Daily Analysis – November 5, 2019

by ForexCycle.com | November 5, 2019 3:53 am
AUDUSD broke below the rising trend line on the 4-hour chart, suggesting that the upside movement from 0.6809 had completed at 0.6929 already. Deeper decline could be expected in the coming days and next target would be...

AUDUSD Daily Analysis – November 4, 2019

by ForexCycle.com | November 4, 2019 2:17 am
AUDUSD remains in the uptrend from 0.6809, the pullback from 0.6929 is likely consolidation for the uptrend. As long as the price is above the rising trend line on the 4-hour chart, the upside movement could be...

AUDUSD Weekly Analysis – November 3, 2019

by ForexCycle.com | November 3, 2019 9:03 am
AUDUSD is facing the resistance of the falling trend line on the daily chart. A break of the trend line resistance would indicate that the downside movement from 0.7295 had completed at 0.6670 already, then next target...

AUDUSD Daily Analysis – November 1, 2019

by ForexCycle.com | November 1, 2019 4:22 am
AUDUSD stays above a rising trend line on the 4-hour chart and remains in the uptrend from 0.6809. As long as the trend line support holds, the pullback from 0.6929 could be treated as consolidation for the...

AUDUSD Daily Analysis – October 31, 2019

by ForexCycle.com | October 31, 2019 1:45 am
AUDUSD’s upside movement from 0.6809 extended to as high as 0.6917. Further rise would likely be seen after a minor consolidation and next target would be at 0.6950 area. Near term support is at 0.6890, a breakdown...

AUDUSD Daily Analysis – October 30, 2019

by ForexCycle.com | October 30, 2019 3:26 am
AUDUSD extended its upside movement from 0.6809 to as high as 0.6871. Further rise is still possible in the coming days and next target would be at 0.6900 area. Near term support is at 0.6845, below this...

AUDUSD Daily Analysis – October 29, 2019

by ForexCycle.com | October 29, 2019 12:25 am
AUDUSD broke above the falling trend line on the 4-hour chart, suggesting that the downside movement from 0.6882 had completed at 0.6809 already. Further rally could be expected and next target would be at 0.6860 area. Support...

AUDUSD Daily Analysis – October 28, 2019

by ForexCycle.com | October 27, 2019 11:14 pm
AUDUSD stays below a falling trend line on the 4-hour chart and remains in the downtrend from 0.6882. As long as the trend line resistance holds, the downtrend could be expected to continue and next target would...

AUDUSD Weekly Analysis – October 27, 2019

by ForexCycle.com | October 27, 2019 1:57 pm
AUDUSD is in consolidation for the downtrend from 0.7295. Further rally would likely be seen in the coming days and the target would be at the bearish trend line on the daily chart. As long as the...