Forex Spread

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.

AUD/USD Forex report 6th March 2021

AUD/USD Forex Primary & Weekly Cycles

Trend guide 0.7684, as to whether it has a go towards the 2021 highs in late March / Early April @ 0.8101.

My view is up, as it's part of the 2020 breakout to the 2021 highs - Break & Extend pattern

if below the Weekly lows, then the 2020 50% level is always a possibility 0.6988

AUD/USD FOREX REPORT 31st January 2021

AUD /USD Primary Cycles

There is always a risk that the AUD could drop back down into the Primary 50% level

@ . 6988

However, I have the view that there is a break and extend pattern in the Yearly time frames and continuing to extend up into the 2021 highs .7980 to .81+

Support - 0.7487 / .7556

#Forex # AustralianDollar #USD

AUD/USD Forex Report 4th January 2021 Monthly

AUD/USD Primary & Weekly Cycles

Tend bias is to continue up to 0.7980 in January and then 0.81+ in February, as it completes the Break & Extend pattern in the Yearly Timeframe 2020 into 2021

Manage the upside using the weekly 50% level

AUD/USD FOREX REPORT 6th December 2020

AUD/USD PRIMARY CYCLES

Heading up towards the 4th quarter highs .7596

and most likely continue towards the 2021 highs in the 1st quarter

AUD/USD FOREX REPORT 1ST NOVEMBER 2020

AUD PRIMARY & WEEKLY CYCLES AUD/USD PRIMARY & WEEKLY CYCLES AUD IS BACK TO THE 2020 50% LEVEL .7005:- THIS IS SEEN AS SUPPORT FOR A POTENTIAL MOVE TOWARDS THE 2021 HIGHS 0.76+ CENTS. HOWEVER, FOR THAT TO HAPPEN, WE NEED TO SEE A BREAKOUT OF THE WEEKLY HIGHS. DAILY CYCLES AREN'T ALIGNED, \AND WE COULD SEE A MOVE DOWN INTO THE NOVEMBER LOWS 0.6866

Australian Dollar AUD/USD 3rd October 2020

AUD/USD Primary & Weekly Cycles

Primary Cycles are bullish on the AUD, with a 4th Quarter target of 0.7620, but it needs to be trading above 0.72cents and the October 50% level.

A breakout of the previous Monthly lows in September and now resistance at the October 50% level, could actually see price move back down into the lows at 0.69cents and the 2020 50% level once again.

Two Key Levels

Bullish Above 0.72cents

Bearish below 0.7135/50