AUDUSD Analysis – May 28, 2008

by ForexCycle.com | May 27, 2008 8:10 pm
AUDUSD is in up trend. Pullback from 0.9653 is treated as consolidation to the up trend. Further rally to 1.0000 area is expected after consolidation. Initial support is at 0.9510, and followed by the up trend line...

AUDUSD Analysis – May 24, 2008

by ForexCycle.com | May 23, 2008 8:00 pm
AUDUSD’s up trend remains and the pullback from 0.9653 is treated as consolidation to the up trend. Further rise to 1.0000 area is expected after consolidation. Initial support is at 0.9510, and followed by the up trend...

AUDUSD Analysis – May 21, 2008

by ForexCycle.com | May 20, 2008 7:41 pm
AUDUSD is in up trend. Further rise to 1.0000 area is expected after consolidation. Initial support is at the up trend line from 0.8953 to 0.9291, and followed by 0.9275, as long as 0.9275 support holds, up...

AUDUSD Analysis – May 17, 2008

by ForexCycle.com | May 17, 2008 4:16 am
AUDUSD breaks above 0.9541 previous high and up trend from 0.8953 resumes. Further rise to 1.0000 is now in favor. Initial support is at the up trend line and followed by 0.9275, as long as 0.9275 support...

AUDUSD Analysis – May 14, 2008

by ForexCycle.com | May 13, 2008 6:37 pm
AUDUSD traded in range between 0.9275 and 0.9541. Deeper decline to retest 0.8953 support is still in favor and a break of 0.9275 will confirm such case. Key resistance is at 0.9541, only rise above this level...

AUDUSD Analysis – May 11, 2008

by ForexCycle.com | May 10, 2008 7:07 pm
AUDUSD failed to test 0.9541 precious high resistance and traded in range between 0.9275 and 0.9541. Deeper decline to retest 0.8953 support is possible, and a break of 0.9275 is needed to confirm such case. Key resistance...

AUDUSD Analysis – May 7, 2008

by ForexCycle.com | May 6, 2008 7:39 pm
AUDUSD is testing 0.9541 resistance, a break of this level will signal resumption of the long term up trend. Pullback from 0.9541 to test 0.9275 key support would more likely be seen, break below this level will...

AUDUSD Analysis – May 3, 2008

by ForexCycle.com | May 2, 2008 10:49 pm
AUDUSD formed a cycle top at 0.9541 on daily chart. Deeper decline to retest 0.8953 previous low support is expected to follow. Key resistance is at 0.9541, only rise above this level will signal resumption of the...

AUDUSD Analysis – Apr 30, 2008

by ForexCycle.com | April 29, 2008 7:53 pm
The up trend line support is broken below, AUDUSD is forming a cycle top at 0.9541 on daily chart. Further fall to test 0.9205 key support is still possible in a couple of days, a break below...

AUDUSD Analysis – Apr 26, 2008

by ForexCycle.com | April 25, 2008 9:40 pm
AUDUSD broke above 0.9496 previous high and pulled back from 0.9541. Further fall to test 0.8953 previous low support is still possible, and a break of 0.9205 level will confirm such case. Key resistance is at 0.9541,...