AUDUSD Daily Analysis – September 9, 2019

by ForexCycle.com | September 8, 2019 10:44 pm
AUDUSD extended its upside movement from 0.6687 to as high as 0.6861. Further rise is still possible after a minor consolidation and next target would be at 0.6900 area. Support is at 0.6800, below this level could...

AUDUSD Weekly Analysis – September 8, 2019

by ForexCycle.com | September 8, 2019 4:51 am
AUDUSD broke above 0.6821 resistance, suggesting that the downtrend from 0.7081 had completed at 0.6677 already. Further rally could be expected in a couple of weeks and next target would be at 0.7000 area. Support is at...

AUDUSD Daily Analysis – September 6, 2019

by ForexCycle.com | September 6, 2019 3:15 am
AUDUSD’s upside movement from 0.6687 extended to as high as 0.6829. Further rise is still possible after a minor consolidation and next target would be at 0.6900 area. Near term support is at 0.6800, below this level...

AUDUSD Daily Analysis – September 5, 2019

by ForexCycle.com | September 5, 2019 3:57 am
AUDUSD extended its upside movement from 0.6687 to as high as 0.6824. Further rise could be expected after a minor consolidation and next target would be at 0.6880 area. Near term support is at 0.6790, below this...

AUDUSD Daily Analysis – September 4, 2019

by ForexCycle.com | September 4, 2019 3:33 am
AUDUSD broke above the upper border of the triangle pattern on the 4-hour chart. Further rally could be expected and next target would be at 0.6820 area. Near term support is at 0.6750, a breakdown below this...

AUDUSD Daily Analysis – September 3, 2019

by ForexCycle.com | September 3, 2019 3:07 am
AUDUSD is facing the lower border of the triangle pattern on the 4-hour chart, below the pattern support could trigger further downside movement towards 0.6600. Near term resistance is at 0.6725, above this level could bring the...

AUDUSD Daily Analysis – September 2, 2019

by ForexCycle.com | September 2, 2019 1:24 am
AUDUSD is forming a triangle pattern on the 4-hour chart. The triangle pattern is likely consolidation for the downtrend from 0.7081, a breakdown below the lower border of the triangle pattern could trigger further downside movement to...

AUDUSD Weekly Analysis – September 1, 2019

by ForexCycle.com | September 1, 2019 12:16 pm
AUDUSD moved sideways in a trading range between 0.6677 and 0.6821. As long as 0.6821 resistance holds, the price action in the trading range could be treated as consolidation for the downtrend from 0.7081, further decline towards...

AUDUSD Daily Analysis – August 30, 2019

by ForexCycle.com | August 30, 2019 3:29 am
AUDUSD is facing the support of the lower border of the triangle pattern on the 4-hour chart, a breakdown below could take the price to 0.6600 area. On the other side, a breakout of the upper border...

AUDUSD Daily Analysis – August 29, 2019

by ForexCycle.com | August 29, 2019 3:40 am
AUDUSD formed a triangle pattern on its 4-hour chart. The triangle pattern is likely consolidation for the downtrend from 0.7081, a breakdown below the bower border of the pattern could take the price to 0.6600 area. On...