AUDUSD Daily Analysis – March 18, 2019

by ForexCycle.com | March 18, 2019 12:26 am
AUDUSD moved sideways in a trading range between 0.7041 and 0.7097. As long as 0.7041 support holds, the price action in the range could be treated as consolidation for the uptrend from 0.7003, further rise towards 0.7170...

AUDUSD Weekly Analysis – March 16, 2019

by ForexCycle.com | March 16, 2019 8:44 am
AUDUSD stays below a falling trend line on the daily chart and remains in the downtrend from 0.7295. As long as the trend line resistance holds, the downside movement could be expected to continue and next target...

AUDUSD Daily Analysis – March 15, 2019

by ForexCycle.com | March 15, 2019 1:03 am
AUDUSD broke below 0.7048 support, suggesting that the short term uptrend from 0.7003 had completed at 0.7097 already. Another fall could be expected and next target would be at 0.7000 area. Resistance is at 0.7097, only a...

AUDUSD Daily Analysis – March 14, 2019

by ForexCycle.com | March 14, 2019 6:06 am
AUDUSD moved sideways in a trading range between 0.7048 and 0.7097. As long as 0.7048 support holds, the price action in the range could be treated as consolidation in the uptrend from 0.7003, further rise to 0.7170...

AUDUSD Daily Analysis – March 13, 2019

by ForexCycle.com | March 13, 2019 5:28 am
AUDUSD remains in the uptrend from 0.7003, the pullback from 0.7091 is likely correction for the uptrend. Another rise could be expected after the correction and next target would be at 0.7170 area. Key support is at...

AUDUSD Daily Analysis – March 12, 2019

by ForexCycle.com | March 12, 2019 2:45 am
AUDUSD broke above the falling trend line on the 4-hour chart, suggesting that the downside movement from 0.7198 had completed at 0.7003 already. Further rally could be expected and next target would be at 0.7150 area. Support...

AUDUSD Daily Analysis – March 11, 2019

by ForexCycle.com | March 11, 2019 3:50 am
AUDUSD stays below a bearish trend line on the 4-hour chart and remains in the downtrend from 0.7198. As long as the trend line resistance holds, the downside movement could be expected to continue and next target...

AUDUSD Weekly Analysis – March 10, 2019

by ForexCycle.com | March 10, 2019 6:29 am
AUDUSD extended its downside movement from 0.7295 to as low as 0.7003. Further decline could be expected and next target would be at 0.6900 area. Resistance is located at the falling trend line on the daily chart,...

AUDUSD Daily Analysis – March 8, 2019

by ForexCycle.com | March 8, 2019 3:08 am
AUDUSD extended its downside movement from 0.7198 to as low as 0.7004. As long as 0.7051 resistance holds, the downside movement could be expected to continue and next target would be at 0.6950 area. Only a break...

AUDUSD Daily Analysis – March 7, 2019

by ForexCycle.com | March 7, 2019 3:30 am
AUDUSD’s downside movement from 0.7198 extended to as low as 0.7020. Further decline is still possible after a minor consolidation and next target would be at 0.6950 area. Resistance is at 0.7070, only a break of this...