AUD/USD Forex Report - 1st July 2018


AUD/USD PRimary & Weekly cycles

At the moment I'm treating the AUD is still in a BEAR TRend but with a short-term counter-trend move upwards. (previous Report)



AUD looks to be moving down into the 2018 lows @ 7232 - 7214  (SUPPORT)

If it does continue down into that level in the early part of July, look for a counter-trend move upwards.

First target - .7455 (first resistance)

2018 50% level @ 76.94 (major resistance)

Any rise upwards is still part of a PRIMARY trend that looks to be heading further down in 2019.
(2-wave cycle - Dilernia Principle)

FOREX REport - AUD/USD 3rd June 2018 - Monthly Report

AUD / USD Primary & Weekly Cycles

AUD looks like it will move lower into .7455 (random Support) and as far as the MAY lows @ .7374 

 If the AUD moves down to the MAY lows and moves upwards, then 7455 becomes support whilst the yearly 50% level and @.7802 becomes random resistance during the end of this quarter (30th June) (Previous Report)

.7455 formed support and now looks to be moving back up towards a number of resistance zones.

First resistance @ 7633
2nd resistance @ .7713

At the moment I'm treating the AUD is still in a BEAR TRend but with a short-term counter-trend move upwards.

That will change only in the 3rd Quarter if the AUD begins is trading above .7723 in July.
This same level in July is seen as a major resistance zone

Forex Report AUD/USD 6th May 2018 Monthly report


AUD/USD Primary & Weekly Cycles

AUD looks weak with a trend bias down towards .7455.


AUD looks like it will move lower into .7455 (random Support) and as far as the MAY lows @ .7374

If the AUD moves down to the MAY lows and moves upwards, then .7455 becomes support whilst the yearly 50% level and @.7802 becomes random resistance during the end of this quarter (30th June)





  • All Daily forex reports are written before 11.00am Sydney Time, which is approximately Midnight GMT


  • Exact levels shown for current day aren't confirmed until midnight GMT
  • FOREX Report - AUD /USD 3rd April 2018 Monthly Report

    AUD/USD Primary & Weekly Cycles

    AUD has moved down into the 50% level of the Yearly cycle at .7719.

    If it's going to go higher, then there needs to be a 5-day high break out and then a 5-day consolidation above the March 50% level, which is then used as support in the following week. (late March) Previous Report

    Yearly 50% level Support & 5-day high breakout.
    consolidation above
    but then it failed.

    AUD looks weak with a trend bias down towards .7455.

    Trend based on the yearly 50% level @ .7719

    Resistance @ .7802 





    Forex Currencies AUD/USD Monthly Report 7th March 2018





    AUD/USD Primary & Weekly cycles

    I would like to think the AUD will continue higher after reaching next week's lows at .7839 (look for a 5-day high breakout thereafter. (Weekly 50%)

    Anything below that and the AUD is slowing making it's way back towards 2018 50% level  @ .7719 (SUPPORT)


    AUD has moved down into the 50% level of the Yearly cycle at .7719.

    If it's going to go higher, then there needs to be a 5-day high break out and then a 5-day consolidation above the March 50% level, which is then used as support in the following week. (late March)

    Forex Report Currencies AUD/USD 4th February 2018 - Monthly Report

    AUD/USD Primary & Weekly Cycles

    I would like to think the AUD will continue higher after reaching next week's lows at .7839 (look for a 5-day high breakout thereafter. (Weekly 50%)

    Anything below that and the AUD is slowing making it's way back towards 2018 50% level  @ .7719 (SUPPORT)

    FOREX USD/AUD Report 6th January 2018

    AUD/USD Primary & Weekly Cycles

    AUD remains under pressure, as it follows the Weekly cycles lower and looks to be drifting into the end of the Year to align with the new 2018 Primary 50% level that will be confirmed on the 1st January.

    The Trend is down, but once again things can change quickly if it breaks out above the Weekly highs. (PREVIOUS REPORT)

    The trend quickly changed on the AUD with the precise breakout of the Weekly highs and then the consolidation above .7637

    AUD looks to be moving towards the 2018 highs with .7719 as robust Support - 2018 50%

    Random resistance the January highs @ .7975

    FOREX Report AUD/USD 3rd December 2017 Monthly Analysis


    AUD/USD Primary & Weekly Cycles


     we've seen in the past this Quarterly level (YELLOW) can form a robust support zone and then see another move upwards, but that's not going to occur unless it confirms support with a breakout of the weekly highs and begin trading above the November 50%.

    AUD remains under pressure, as it follows the Weekly cycles lower and looks to be drifting into the end of the Year to align with the new 2018 Primary 50% level that will be confirmed on the 1st January.

    The Trend is down, but once again things can change quickly if it breaks out above the Weekly highs.

    AUD/USD Forex report 4th November 2017

    AUD / USD  Primary and Weekly Cycles

    It's currently in a PRIMARY Breakout therefore there's an expectation it's trending up into 2018.

    2017 target -  heading towards $0.8289 (previous Report)

    What the AUD should have done was continue with the Primary breakout towards the 100% yearly highs, instead the Australian dollar showed it's weakness in the last week of September with the Weekly low breakout and the Yearly highs formed resistance.

    As we've seen in the past this Quarterly level (YELLOW @ .7687 can form a robust support zone and then see another move upwards, but that's not going to occur unless it confirms support with a breakout of the weekly highs and begin trading above the November 50%.

    TREND- Short term trend is weak and could continue down into this week's lows

    Australian Dollar USD Forex Report September 2017

    AUSTRALIA DOLLAR PRIMARY & WEEKLY 

    Aussie dollar a lot stronger than expected, as it has broken the Primary Resistance levels and now heading towards the 100% target @ 82.89

    Support -  August 50% level and Weekly lows

    Australian Dollar remains in a tight band within the Weekly cycles after dipping earlier in the month into Support levels.

    It's currently in a PRIMARY Breakout therefore there's an expectation it's trending up into 2018.

    2017 target -  heading towards $0.8289