AUDUSD Analysis – Mar 19, 2008

by ForexCycle.com | March 18, 2008 10:00 pm
AUDUSD formed a cycle top at 0.9496 level on daily chart. As long as the previous high resistance at 0.9496 holds, pullback to retest 0.8512 support is in favor, and a break down below 0.9127 level will...

AUDUSD Analysis – Mar 15, 2008

by ForexCycle.com | March 14, 2008 9:15 pm
AUDUSD formed a cycle bottom at 0.9147 level on daily chart. Sideways consolidation in a range between 0.9147 and 0.9496 is expected next week. A break below 0.9147 will signal the resumption of the down trend, and...

AUDUSD Analysis – Mar 12, 2008

by ForexCycle.com | March 11, 2008 7:23 pm
AUDUSD broke below the price channel support and formed a cycle top at 0.9496 level on daily chart. The pair is now in down trend. Pullback to test 0.8512 previous low support is expected. Near term resistance...

AUDUSD Analysis – Mar 9, 2008

by ForexCycle.com | March 8, 2008 7:50 pm
AUDUSD is testing the support of the price channel, a breakdown of the channel support will confirm the cycle top at 0.9496 level, and further fall to 0.8600 area is expected to follow. Near term resistance is...

AUDUSD Analysis – Mar 5, 2008

by ForexCycle.com | March 4, 2008 6:45 pm
No changed in our view, AUDUSD is forming a cycle top at 0.9496 on daily chart, key support is at the rising price channel, a break of the channel support will confirm the cycle top, and pullback...

AUDUSD Analysis – Mar 1, 2008

by ForexCycle.com | February 29, 2008 8:08 pm
AUDUSD is forming a cycle top at 0.9496 on daily chart, key support is at the rising price channel, a break of the channel support will confirm the cycle top, and pullback to 0.8600 area is expected...

AUDUSD Analysis – Feb 27, 2008

by ForexCycle.com | February 26, 2008 8:25 pm
AUDUSD is in up trend. The rise from 0.8512 extends to as high as 0.9348 level. Further rally to test 0.9398 previous high resistance is still possible in a couple of days, and break of this resistance...

AUDUSD Analysis – Feb 24, 2008

by ForexCycle.com | February 23, 2008 8:21 pm
AUDUSD’s up trend remains. Further rally to test 0.9398 (Nov 7, 2007 high) is expected. Near term support is at the rising price channel, as long as the channel support holds, we’d expect up trend to continue....

AUDUSD Analysis – Feb 20, 2008

by ForexCycle.com | February 19, 2008 6:59 pm
AUDUSD broke above 0.9100 and reached as high as 0.9236 level. Further rally to test previous high resistance at 0.9398 is expected. Near term support is at the up trend line from 0.8512 to 0.8922, as long...

AUDUSD Analysis – Feb 17, 2008

by ForexCycle.com | February 16, 2008 9:14 pm
AUDUSD is testing resistance at 0.9100, a break of this level will signal the resumption of the up trend, and further rally towards 0.9398 previous high is expected to follow. Near term support is at 0.8920 and...