AUDUSD Daily Analysis – March 29, 2019

by ForexCycle.com | March 29, 2019 3:03 am
AUDUSD broke below 0.7065 support, suggesting that the upside movement from 0.7003 had completed at 0.7168 already. Further decline could be expected in the coming days and next target would be at 0.7000 area. Near term resistance...

AUDUSD Daily Analysis – March 28, 2019

by ForexCycle.com | March 28, 2019 3:31 am
AUDUSD is facing 0.7065 support, a breakdown below this level could trigger further downside movement towards 0.7000 area. Near term resistance is at 0.7100, a break of this level could bring the price back towards 0.1768.

AUDUSD Daily Analysis – March 27, 2019

by ForexCycle.com | March 27, 2019 2:43 am
AUDUSD is in the downtrend from 0.7168, the bounce from 0.7065 is likely correction for the downtrend. Another fall could be expected and next target would be at 0.7000 area. Resistance is at 0.7168, only break above...

AUDUSD Daily Analysis – March 26, 2019

by ForexCycle.com | March 26, 2019 4:42 am
AUDUSD rebounded from 0.7065 after touching the rising trend line on the 4-hour chart. However, the bounce is likely correction for the downtrend from 0.7168, another fall towards 0.7000 would likely be seen after the correction.

AUDUSD Daily Analysis – March 25, 2019

by ForexCycle.com | March 25, 2019 3:48 am
AUDUSD broke below the bullish trend line on the 4-hour chart, suggesting that the upside movement from 0.7003 had completed at 0.7168 already. Further decline is still possible and next target would be at 0.7000 area. Resistance...

AUDUSD Weekly Analysis – March 24, 2019

by ForexCycle.com | March 24, 2019 12:52 pm
AUDUSD remains in the downtrend from 0.7295, the bounce from 0.7003 is likely consolidation for the downtrend. As long as 0.7206 resistance holds, the downside movement could be expected to resume and one more fall towards 0.6900...

AUDUSD Daily Analysis – March 22, 2019

by ForexCycle.com | March 22, 2019 3:17 am
AUDUSD stays above a bullish trend line on the 4-hour chart and remains in the uptrend from 0.7003. As long as the trend line support holds, the pullback from 0.7168 could be treated as consolidation for the...

AUDUSD Daily Analysis – March 21, 2019

by ForexCycle.com | March 21, 2019 1:49 am
AUDUSD broke above 0.7119 resistance and extended its upside movement from 0.7003 to as high as 0.7168. Further rise could be expected in the coming days and next target would be at 0.7200 area. Near term support...

AUDUSD Daily Analysis – March 20, 2019

by ForexCycle.com | March 20, 2019 2:52 am
AUDUSD broke below the bullish support trend line on the 4-hour chart, suggesting that the short term uptrend from 0.7003 had completed at 0.7119 already. Further decline is still possible and next target would be at 0.7000...

AUDUSD Daily Analysis – March 19, 2019

by ForexCycle.com | March 19, 2019 12:56 am
AUDUSD broke above 0.7097 resistance and extended its upside movement from 0.7003 to as high as 0.7119. As long as the price is above the bullish trend line on the 4-hour chart, the upside movement could be...