Tag: AUDUSD

As expected, AUDUSD breaks below previously mentioned key support of 0.6780 and has formed a cycle top at 0.7092 level on daily chart. Further pullback is now in favor and the next target would be at 0.6500...

AUDUSD might be forming a cycle top at 0.7092 on daily chart. Key support is located at 0.6780, a clear break below this level will confirm the cycle top and then deeper decline could be seen to...

AUDUSD breaks above 0.6849 resistance. Further rally is expected next week, and the next target would be at 0.7100-0.7150 area. Key support is now located at 0.6565, below this level will indicate that the rise from 0.6284...

AUDUSD broke above 0.6553 resistance. Further rise to 0.6700-0.6750 area to reach the next cycle top on daily chart is possible next week. Key support is now located at 0.6248, only fall below this level will signal...

AUDUSD is in medium term downtrend from 0.7267. Deeper decline is possible to 0.6100 zone next week. Initial resistance is now at 0.6553, as long as this level holds, we’d expect the downtrend to continue.

AUDUSD stays in a trading range between 0.6248 and 0.6849. Deeper decline would more likely be seen next week. Near term support is located at 0.6248, a break below this level will signal further fall to test...

AUDUSD formed a cycle top at 0.6849 level on daily chart. However, range trading between 0.6248 and 0.7267 is expected and rebound towards 0.7100 zone would more likely be seen in a couple of weeks. Near term...

AUDUSD might be forming a cycle top at 0.6849 on daily chart. Key support is now at 0.6248, a break below this level will confirm the cycle top, and then deeper decline could be seen below 0.6008...

AUDUSD formed a cycle bottom at 0.6248 level on daily chart. Further rise is expected to 0.7150 zone in a couple of weeks. Near term support is located at 0.6248, only break below this level will indicate...

AUDUSD breaks above the key resistance at 0.6729, suggesting that a cycle bottom has been formed at 0.6248 on daily chart. Further rise is now in favor, and the target would be at 0.7100 zone. Key support...