AUDUSD Analysis. Feb 6, 2008

by ForexCycle.com | February 5, 2008 6:54 pm
AUDUSD is in up trend, the rise from 0.8512 extended to as high as 0.9100, and the fall from 0.9100 is treated as consolidation to the up trend. Further rise towards 0.9398 previous high could still be...

AUDUSD Analysis. Feb 2, 2008

by ForexCycle.com | February 1, 2008 9:22 pm
AUDUSD broke above 0.9018 resistance, and is now in up trend. Further rise towards 0.9398 previous high can be seen after consolidation. Near term support is at 0.8819, as long as this support holds, up trend will...

AUDUSD Analysis. Jan 30, 2008

by ForexCycle.com | January 29, 2008 7:42 pm
AUDUSD is forming a cycle bottom at 0.8512 on daily chart. Further rise towards 0.9018 previous high is possible after consolidation, a break above this level will confirm the cycle bottom, and rise to test the previous...

AUDUSD Analysis. Jan 26, 2008

by ForexCycle.com | January 25, 2008 8:07 pm
AUDUSD is forming a cycle bottom at 0.8512 on daily chart. Further rise towards 0.9018 previous high is possible next week, a break above this level will confirm the cycle bottom, and rise towards 0.9398 is expected...

AUDUSD Analysis. Jan 23, 2008

by ForexCycle.com | January 22, 2008 8:46 pm
AUDUSD broke below 0.8551 previous low and rebounded sharply from 0.8512, further rise to test the resistance at 0.9018 previous high is still possible, and a break above 0.8818 (high of this week) level will signal the...

AUDUSD Analysis. Jan 20, 2008

by ForexCycle.com | January 19, 2008 7:11 pm
Being supported by the key support at 0.8682 level, AUDUSD rebounded from 0.8699 level. Further rise towards 0.9398 is still possible, and a break above 0.9018 previous high will signal the resumption of the up trend. On...

AUDUSD Analysis. Jan 16, 2008

by ForexCycle.com | January 15, 2008 7:33 pm
AUDUSD pulled back from 0.9018 level, further fall to test the key support at 0.8682 is still possible, a break below this level will signal the reversal to the up trend, and further fall below 0.8551 previous...

AUDUSD Analysis. Jan 13, 2008

by ForexCycle.com | January 13, 2008 3:16 am
AUDUSD broke above the previous high resistance at 0.8846 and reached as high as 0.8975. Further rise towards 0.9300 area is expected to follow next week. Near term support is at 0.8810, followed by 0.8682.

AUDUSD Analysis. Jan 9, 2008

by ForexCycle.com | January 8, 2008 8:08 pm
AUDUSD is testing the previous high resistance at 0.8846, only above this level will indicate lengthier correction to the down trend. Near term support is at 0.8680, a break below this level will signal the resumption of...

AUDUSD Analysis, Jan 5, 2008

by ForexCycle.com | January 5, 2008 5:16 am
AUDUSD is forming a cycle top at 0.8846 level. Further fall towards 1.8300 area may be expected, and a break below 0.8551 previous low will confirm such case. Near term resistance is at 0.8846, only break of...