AUDUSD Analysis – Apr 23, 2008

by ForexCycle.com | April 22, 2008 8:09 pm
AUDUSD breaks above 0.9496 previous high. Further rise to 0.9600 area to reach the next cycle top on daily chart is still possible in the next several days. Near term support is at the up trend line...

AUDUSD Analysis – Apr 19, 2008

by ForexCycle.com | April 19, 2008 12:58 am
AUDUSD is moving to 0.9450 area to reach the next cycle top on daily chart. Key support is now located at 0.9205, a break down below this level will confirm the cycle top. Long term key resistance...

AUDUSD Analysis – Apr 16, 2008

by ForexCycle.com | April 15, 2008 7:15 pm
AUDUSD may be forming a cycle top at 0.9346 on daily chart, but a break of the key support at 0.9031 is needed to confirm the cycle top. Key resistance is at 0.9496, only rise above this...

AUDUSD Analysis – Apr 12, 2008

by ForexCycle.com | April 12, 2008 6:36 am
AUDUSD is forming a sideways consolidation in a range between 0.8953 and 0.9496. Further rebound to 0.9400 area to reach the next cycle top on daily chart is still possible in the next several days. As long...

AUDUSD Analysis – Apr 9, 2008

by ForexCycle.com | April 8, 2008 8:28 pm
AUDUSD breaks above 0.9252 resistance and reaches as high as 0.9328. Further rally to 0.9400 area to reach the next cycle top on daily chart is still possible in the next several days. As long as 0.9496...

AUDUSD Analysis – Apr 5, 2008

by ForexCycle.com | April 4, 2008 8:30 pm
AUDUSD is testing 0.9252 resistance, and further rise to 0.9400 area to reach the next cycle top on daily chart could be seen if 0.9252 resistance gives way. However, rebound from 0.8953 is treated as correction to...

AUDUSD Analysis – Apr 2, 2008

by ForexCycle.com | April 1, 2008 8:09 pm
AUDUSD is in consolidation to the down trend. A break below 0.8953 will signal the resumption of the down trend, and further fall to retest 0.8512 previous low support could be seen. Near term resistance is now...

AUDUSD Analysis – Mar 30, 2008

by ForexCycle.com | March 29, 2008 7:08 pm
No changed in our view, AUDUSD is in down trend. Rebound from 0.8953 is treated as correction to the down trend. Deeper decline to retest 0.8512 previous low support is still possible after correction and a break...

AUDUSD Analysis – Mar 26, 2008

by ForexCycle.com | March 25, 2008 7:56 pm
AUDUSD is in down trend. Rebound from 0.8953 is treated as correction to the down trend. Deeper decline to retest 0.8512 previous low support is still possible after correction and a break of 0.8953 level will confirm...

AUDUSD Analysis – Mar 22, 2008

by ForexCycle.com | March 21, 2008 9:18 pm
AUDUSD is in down trend. The fall from 0.9496 extends to as low as 0.8953 level. Deeper decline to retest 0.8512 previous low support is still in favor. Near term resistance is now at 0.9330, as long...