Forex Spread

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.

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

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