AUDUSD Daily Analysis – March 6, 2019

by ForexCycle.com | March 6, 2019 1:43 am
AUDUSD extended its downside movement from 0.7198 to as low as 0.7051. Further decline is still possible after a minor consolidation and next target would be at 0.7000 area. Resistance is at 0.7100, only break above this...

AUDUSD Daily Analysis – March 5, 2019

by ForexCycle.com | March 5, 2019 3:09 am
AUDUSD remains in the downtrend from 0.7198. Further decline could be expected in a couple of days and next target would be at 0.7000 area. Resistance is at 0.7120, above this level could bring the price back...

AUDUSD Weekly Analysis – March 3, 2019

by ForexCycle.com | March 3, 2019 9:38 am
AUDUSD is facing 0.7054 support, a breakdown below this level would indicate that the downside movement from 0.7295 has resumed, then further decline towards 0.6900 could be seen. Near term resistance is at 0.7206, above here could...

AUDUSD Daily Analysis – March 1, 2019

by ForexCycle.com | March 1, 2019 3:47 am
AUDUSD is facing 0.7069 support, a breakdown below this level could trigger further downside movement towards 0.7000. near term resistance is at 0.7130, a break of this level could bring the price back towards 0.7200.

AUDUSD Daily Analysis – February 28, 2019

by ForexCycle.com | February 28, 2019 5:07 am
AUDUSD failed to break above 0.7206 resistance and pulled back from 0.7198. Deeper decline would likely be seen and next target would be at 0.7080 area. Only a break above 0.7206 resistance could trigger another rise towards...

AUDUSD Daily Analysis – February 27, 2019

by ForexCycle.com | February 27, 2019 2:15 am
AUDUSD is facing 0.7206 resistance, a break of this level would indicate that the uptrend from 0.7054 has resumed then further rise towards 0.7300 could be seen. Near term support is at 0.7140, a breakdown below this...

AUDUSD Daily Analysis – February 26, 2019

by ForexCycle.com | February 26, 2019 3:24 am
No changed in our view, AUDUSD remains in the downtrend from 0.7206, the bounce from 0.7069 is likely correction for the downtrend. Another fall is possible after the correction and next target would be at 0.7000 area....

AUDUSD Daily Analysis – February 25, 2019

by ForexCycle.com | February 25, 2019 3:30 am
AUDUSD remains in the downtrend from 0.7206, the bounce from 0.7069 is likely correction for the downtrend. Another fall could be expected after the correction and next target would be at 0.7000 area. Support is at 0.7069,...

AUDUSD Weekly Analysis – February 24, 2019

by ForexCycle.com | February 24, 2019 3:11 am
AUDUSD remains in the downtrend from 0.7295, the bounce from 0.7054 is likely corrective consolidation for the downtrend. Further decline could be expected and next target would be at 0.6900 area. Resistance is at 0.7200, only break...

AUDUSD Daily Analysis – February 22, 2019

by ForexCycle.com | February 22, 2019 2:01 am
AUDUSD broke below the rising trend line on the 4-hour chart, suggesting that the upside movement from 0.7054 had completed at 0.7206 already. Further decline is still possible in the coming days and next target would be...