AUDUSD Daily Analysis – July 29, 2019

by ForexCycle.com | July 29, 2019 2:49 am
AUDUSD’s downside movement from 0.7081 to as low as 0.6902. Further decline could be expected after a minor consolidation and next target would be at 0.6850 area. Resistance is at 0.6930, a break of this level could...

AUDUSD Daily Analysis – July 26, 2019

by ForexCycle.com | July 26, 2019 2:39 am
AUDUSD extended its downside movement from 0.7081 to as low as 0.6940. Further decline is till possible after a minor consolidation and next target would be at 0.6900 area. Resistance is at 0.6970, a break of this...

AUDUSD Daily Analysis – July 24, 2019

by ForexCycle.com | July 24, 2019 1:03 am
AUDUSD’s downside movement from 0.7081 extended to as low as 0.6985. Further decline could be expected after a minor consolidation and next target would be at 0.6950 area. Resistance is at 0.7020, only break above this level...

AUDUSD Daily Analysis – July 23, 2019

by ForexCycle.com | July 23, 2019 12:27 am
AUDUSD broke below the rising price channel on the 4-hour chart, suggesting that the upside movement from 0.6910 had completed at 0.7081 already. Deeper decline could be expected over the next several days and next target would...

AUDUSD Daily Analysis – July 22, 2019

by ForexCycle.com | July 22, 2019 3:01 am
AUDUSD stays in a rising price channel on the 4-hour chart and remains in the uptrend from 0.6910. As long as the channel support holds, the pullback from 0.7081 could be treated as consolidation for the uptrend,...

AUDUSD Weekly Analysis – July 20, 2019

by ForexCycle.com | July 20, 2019 8:00 am
AUDUSD’s upside movement from 0.6831 extended to as high as 0.7081. As long as the price is above the rising trend line on the daily chart, the upside movement could be expected to continue and next target...

AUDUSD Daily Analysis – July 19, 2019

by ForexCycle.com | July 19, 2019 12:53 am
AUDUSD broke above 0.7047 resistance and extended its upside movement from 0.6910 to as high as 0.7081. Further rise could be expected after a minor consolidation and next target would be at 0.7150 area. Support is located...

AUDUSD Daily Analysis – July 18, 2019

by ForexCycle.com | July 18, 2019 3:23 am
AUDUSD is in consolidation for the uptrend from 0.6910. Range trading between 0.6975 and 0.7047 would likely be seen over the next several days. Another rise to test 0.7047 is possible, a break of this level could...

AUDUSD Daily Analysis – July 17, 2019

by ForexCycle.com | July 17, 2019 12:21 am
AUDUSD failed to break above 0.7047 resistance and pulled back from 0.7044. Range trading between 0.6975 and 0.7047 would likely be seen over the next several days. As long as 0.6975 support holds, the upside movement from...

AUDUSD Daily Analysis – July 16, 2019

by ForexCycle.com | July 16, 2019 1:53 am
AUDUSD is facing 0.7047 resistance, a breakout of this level could signal resumption of the uptrend from 0.7910, then next target would be at 0.7100 area. Near term support is at 0.7020, below this level could bring...