AUD / USD FOREX MONTHLY REPORT 6 NOVEMBER 2022
AUD YEARLY & PRIMARY CYCLES
Expectation that price will try and rise up by the end of the year to 0.68 and then continue lower into new lows in 2023
AUD PRIMARY AND WEEKLY CYCLES
early resistance in the weekly highs 0.66
whilst the 50% level is seen as support 0.6386
if it's rising up to .68, then it's zig-zag until December.
AUD-USD Forex Report 1st October 2022 Monthly Report
AUD Yearly and Primary Cycles
We've seen global currencies collapse against the USD and I\m expecting more downside before a larger counter-trend move upwards.
If there's an up move early next week, (above 0.6451) then it will probably struggle to rise higher than 0.6632/0.68 in October
Ideally it would be better to see a move down early next week to 0.6128 / 0.6242, and then a counter trend move upwards.
Note : - break and extend pattern in 2022 Yearly cycles, therefore looking for lower lows in 1st Quarter 2023
AUD / USD FOREX 5TH SEPTEMBER 2022
AUD / USD
3RD QUARTER SUPPORT AROUND .6766.
However, below the 2022 lows has all the hallmarks for moving down to the 100% level at .64 cents
Trend guide on further weakness is 0.6909
AUD/USD MONTHLY REPORT 7TH AUGUST 2022
AUD /USD PRIMARKET CYCLES
Trading around the Yearly lows, so my expectation is to continue to push higher from .6915
Below .6915 and could revisit 0.6633- 0.6766
AUS/USD MONTHLY REPORT 2ND JULY 2022
AUD YEARLY AND MONTHLY CYCLES.
My gut feeling suggests a July up move to retest the Yearly 50% levels (.74) and then another sell off from later September & October.
if there's a push down as the start of next week - then 0.65 is your support level - July's lows
AUSTRALIAN DOLLAR US/AUD 5TH JUNE 2022 MONTHLY REPORT
AUD/USD YEARLY AND PRMIARY CYCLES
Right on 2022 Yearly and Quarterly Support.
I would expect a decent bounce off these levels (might push down into May lows at 0.686)
Certainly a decent bounce off the May lows. and into the June 50% level.
However, I'm not sure it's going to continue to trend higher or stall and move sideways into July.
AUD/ USD FOREX REPORT 11th May 2022
AUD Yearly & Monthly
Right on 2022 Yearly and Quarterly Support.
I would expect a decent bounce off these levels (might push down into May lows at 0.686)
However, the risk of the Yearly lows failing to hold support, comes later in the year.
AUSTRALIAN DOLLAR AUD/USD 4TH APRIL 2022 MONTHLY REPORT
YEARLY AND PRIMARY CHARTS
Above the 2022 50% level .7423 and heading up towards the 2022 highs.7930
1st target April 0.7715
AUSTRALIAN DOLLAR FOREX REPORT AUD-USD 6TH MARCH 2022
AUD/USD PRIMARY AND MONTHLY CYCLES
Price didn't get down as low as I wanted (FEB lows) and it has taken off on the back of interest in Australian commodities, as they dump Russian commodities.
It's still in a BEAR trend, as it's below the 2022 50% level 0.7423, however, keep and eye on price pushing up into the MARCH highs and the 0.7423 forming support
AUD/USD FOREX REPORT 7TH FEBRUARY 2022
AUD YEARLY AND PRIMARY CYCLES
AUD looks like it wants to go down into the February lows and touch the 2022 lows around 0.68/69 before any larger upside swing taking place.
AUSTRALIAN | US DOLLAR MONTHLY REPORT 4-1-2022
AUD/USD PRIMARY AND WEEKLY CYCLES
AUSTRALIAN DOLLAR IS IN A BEAR TREND BELOW THE 2022 50% LEVEL.
THEREFOR 0.74 CENTS IS SEEN AS RESISTANCE
0.68 CENTS IS SEEN AS SUPPORT
AUD/ USD Forex 7th November 2021 Monthly Report
AUD Primary & Weekly Cycles
Looks to be moving up towards 0.7663 in November - December.
Hard to see more gains than this is in 2021, but in 2022, that can change,
with either a move upwards...
but as much as it can move down into the yearly lows of 0.69cents
FROEX REPORT AUD/USD 4TH OCTBOER 2021
AUD/USD PRIMARY & WEEKLY CYCLES
Remains in a down trend, will be lucky to break above 0.7450 during October.
3 months is a long time in Forex, but looks like it's drifting down towards the 2022 lows, which matches the 2021 50% level @ 0.6988
0.6988 is seen as major support in 2021., in case it moves down towards the October lows
#FOREX #CURRENCIES
AUD/USD Forex 4th September 2021 - Monthly Report
AUD/USD Primary & Weekly Cycles
Strong close on AUD, with the Weekly close back above the September 50% level @.74 and looks likely to push higher into next week's highs @.7586.
However, the 3rd Quarterly level (Yellow @ 7533) might form resistance.
I'd be surprise to see the next 3 weeks go straight up to .78/.80
But it would not surprise me to see consolidation for 2 weeks and then the last week of the month of September starts to move higher.
if below 0.74 in the last week of September and price could be heading towards the 4th Quarterly lows, which matches the 2021 50% level 0.6988
FOREX REPORT AUD / USD 1ST AGUSUT 2021
AUD/USD FOREX REPORT
Primary cycles look bearish and could see price down into the 2021 50% level at .6988
However, we often see double bottoms play out and the reverse upwards - June down into July lows.
We have just recently seen the same patterns in Crypto Markets.
Therefore, an open above 0.7380 could see a move back up into .7533, which will form resistance.
A weekly close above the August 50% level, will then see another attempt at the 2021 highs in the back half of the 3rd Quarter.
AUS/USD Forex Report 4th July 2021
AUD/ USD Primary & Monthly Cycles
I still have the view that the AUD will reach the 2021 highs
at 0.81.
We often see this price action in markets, especially price
comes down into June lows, then dips down into July lows 0.73’s (Double bottom)
and then swings higher.
If that plays out, then validate it with price back above
0.7533 (July – October) - Secondary Cycle
FOREX REPORT - AUD/USD 6th JUNE 2021 Monthly Report
AUD/USD PRIMARY AND WEEKLY CYCLES.
AUD LOOKS TO BE PUSHING HIGHER TOWARDS 0.81
IT TESTED THE MONTHLY LOW IN JUNE, FOUND SUPPORT AND NOW JUST NEEDS TO CONTINUE HIGHER FROM NEXT WEEK.
TREND GUIDE 0.7734
AUD/USD FOREX MONTHLY REPORT - 1st May 2021
AUD/USD PRIMARY AND WEEKLY CYCLES
TARGET REMAINS THE 2021 HIGHS AT 0.81
IT COULDN'T CONTINUE HIGHER IN APRIL AND WILL BE OPENING BELOW THE 50% LEVEL IN MAY .7752
IF BELOW 0.7701 THEN A PUSH DOWN IN THE WEEKLY LOWS AND THE THE MAY LOWS THE FOLLOWING WEEK, WILL BE A GOOD SUPPORT ZONE FOR A MOVE HIGHER IN LATE MAY EARLY JUNE.
SUPPORT 0.7460
AUD /USD FOREX REPORT 4TH APRIL 2021
AUD/FOREX REPORT PRIMARY CYCLES
QUARTERLY 50% LEVEL (APRIL - JUNE) IS 0.7439
WHICH MATCHES THE APRIL LOWS (RIGHT CHART)
THESE ZONES ARE SERIOUS SUPPORT LEVELS IN THE PRIMARY CYCLES, FOR ANOTHER MOVE TOWARDS THE 2021 HIGHS
ANTHING BELOW 0.7415 AND IT MUST BE TREATED AS A BREAKDOWN.
AT THE MOMENT - I'M LOOKING FOR THE TREND TO GO UP, AS PART OF THE 2020 HIGH BREAK AND EXTEND PATTERN INTO 2021 HIGHS.
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