AUDUSD Daily Analysis – August 13, 2019

by ForexCycle.com | August 13, 2019 2:26 am
AUDUSD’s fall from 0.6821 extended to as low as 0.6744. However, the fall is likely corrective consolidation for the uptrend from 0.6677, another rise could be expected after the consolidation, a break of 0.6821 resistance could trigger...

AUDUSD Daily Analysis – August 12, 2019

by ForexCycle.com | August 12, 2019 4:19 am
AUDUSD remains in the uptrend from 0.6677, the pullback from 0.6821 is likely consolidation for the uptrend, further rise could be expected after the consolidation and next target would be at 0.6867 resistance. Near term support is...

AUDUSD Daily Analysis – August 9, 2019

by ForexCycle.com | August 9, 2019 2:35 am
AUDUSD broke above 0.6805 resistance, suggesting that the downside movement from 0.7081 had completed at 0.6677 already. Further rally could be expected and next target would be at 0.6867 resistance. Near term support is at 0.6770, below...

AUDUSD Daily Analysis – August 8, 2019

by ForexCycle.com | August 8, 2019 1:42 am
AUDUSD remains in the downtrend from 0.7081, as long as 0.6805 resistance holds, the bounce from 0.6677 could be treated as consolidation for the downtrend. Further decline is still possible after the consolidation and next target would...

AUDUSD Daily Analysis – August 7, 2019

by ForexCycle.com | August 7, 2019 2:01 am
AUDUSD stays in a trading range between 0.6747 and 0.6805. As long as 0.6805 resistance holds, the sideways movement could be treated as consolidation for the downtrend from 0.7081, further decline to 0.6700 area is still possible...

AUDUSD Daily Analysis – August 6, 2019

by ForexCycle.com | August 5, 2019 10:46 pm
AUDUSD remains in the downtrend from 0.7081, further decline is still possible after consolidation and next target would be at 0.6700 area. Resistance is at 0.6805, above this level could bring the price back to next resistance...

AUDUSD Daily Analysis – August 5, 2019

by ForexCycle.com | August 5, 2019 4:34 am
AUDUSD extended its downside movement from 0.7081 to as low as 0.6747. Further decline is still possible after a minor consolidation and next target would be at 0.6730 area. Near term resistance is at 0.6805, above this...

AUDUSD Daily Analysis – August 2, 2019

by ForexCycle.com | August 1, 2019 11:38 pm
AUDUSD’s downside movement from 0.7081 extended to as low as 0.6794. Further decline could be expected and next target would be at 0.6750 area. Key resistance is now at 0.6867, only break above this level could signal...

AUDUSD Daily Analysis – August 1, 2019

by ForexCycle.com | August 1, 2019 2:13 am
AUDUSD extended its downside movement from 0.7081 to as low as 0.6827, breaking below 0.6831 support. Further decline is still possible after a minor consolidation and next target would be at 0.6800 area. Key resistance is at...

AUDUSD Daily Analysis – July 31, 2019

by ForexCycle.com | July 31, 2019 2:32 am
AUDUSD extended its downside movement from 0.7081 to as low as 0.6862. The subsequent bounce is likely consolidation for the downtrend. Range trading between 0.6862 and 0.6916 would likely be seen over the next several days. As...