AUDUSD Daily Analysis – October 25, 2019

by ForexCycle.com | October 25, 2019 1:36 am
AUDUSD extended its downside movement from 0.6882 to as low as 0.6810. As long as the price is below the bearish trend line on the 4-hour chart, the downside movement could be expected to continue and next...

AUDUSD Daily Analysis – October 24, 2019

by ForexCycle.com | October 24, 2019 1:50 am
AUDUSD is now in the downtrend from 0.6882, further decline would likely be seen and next target would be at 0.6800 area. Resistance levels are at 0.6865 and 0.6882, only break above these levels could trigger another...

AUDUSD Daily Analysis – October 23, 2019

by ForexCycle.com | October 22, 2019 11:05 pm
AUDUSD broke below 0.6860 support, suggesting that the upside movement from 0.6723 had completed at 0.6882 already. Further decline could be expected in the coming days and next target would be at 0.6820 area. Resistance is at...

AUDUSD Daily Analysis – October 22, 2019

by ForexCycle.com | October 22, 2019 4:10 am
AUDUSD’s upside movement from 0.6723 extended to as high as 0.6882. As long as 0.6860 support holds, the upside movement could be expected to continue and next target would be at 0.6900 area. On the downside, a...

AUDUSD Daily Analysis – October 21, 2019

by ForexCycle.com | October 21, 2019 3:12 am
AUDUSD extended its upside movement from 0.6723 to as high as 0.6865. Further rise is still possible after a minor consolidation and next target would be at 0.6900 area. Near term support is at 0.6835, a breakdown...

AUDUSD Weekly Analysis – October 20, 2019

by ForexCycle.com | October 20, 2019 12:02 pm
AUDUSD’s bounce from 0.6670 extended to as high as 0.6856. Further rally would likely be seen next week and the target would be at the falling trend line on the daily chart. However, as long as the...

AUDUSD Daily Analysis – October 18, 2019

by ForexCycle.com | October 18, 2019 3:09 am
AUDUSD broke above 0.6810 resistance, suggesting that the uptrend from 0.6670 has resumed. Further rise could be expected in a couple of days and next target would be at 0.6880 area. Near term support is at 0.6810,...

AUDUSD Daily Analysis – October 17, 2019

by ForexCycle.com | October 16, 2019 11:09 pm
AUDUSD stays below a falling trend line on the 4-hour chart and remains in the downtrend from 0.6810. As long as the trend line resistance holds, the downtrend could be expected to continue and next target would...

AUDUSD Daily Analysis – October 16, 2019

by ForexCycle.com | October 16, 2019 3:28 am
AUDUSD broke below the rising trend line on the 4-hour chart, suggesting that the upside movement from 0.6670 had completed at 0.6810 already. Deeper decline could be expected and next target would be at 0.6650 area. Near...

AUDUSD Daily Analysis – October 15, 2019

by ForexCycle.com | October 15, 2019 3:38 am
AUDUSD remains in the uptrend from 0.6670, the pullback from 0.6810 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...