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
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