Buoyed by a weak US dollar, the Australian Dollar keeps rallying to close the week on a bullish tone. Going into the new, all eyes shall be on the RBA meeting minutes, Unemployment Rate, and Employment change to decipher if a breakout of the 0.67000 level will happen or not.
Risk Disclaimer:
Margin trading in the foreign exchange market (including commodity trading, CFDs, stocks etc.) has a high risk and is not suitable for all investors. The content of this speculation (including all data) is organized and published by me for the sole purpose of education and assistance in making independent investment decisions. All information herein is for your reference only and I take no responsibility.
You are hereby advised to carefully consider your investment experience, financial situation, investment objective, risk tolerance level, and consult your independent financial adviser as to the suitability of your situation prior to making any investment.
I do not guarantee its accuracy and is not liable for any loss or damage which may result directly or indirectly from such content or the receipt of any instruction or notification therewith.
Past performance is not necessarily indicative of future results.
Risk Disclaimer:
Margin trading in the foreign exchange market (including commodity trading, CFDs, stocks etc.) has a high risk and is not suitable for all investors. The content of this speculation (including all data) is organized and published by me for the sole purpose of education and assistance in making independent investment decisions. All information herein is for your reference only and I take no responsibility.
You are hereby advised to carefully consider your investment experience, financial situation, investment objective, risk tolerance level, and consult your independent financial adviser as to the suitability of your situation prior to making any investment.
I do not guarantee its accuracy and is not liable for any loss or damage which may result directly or indirectly from such content or the receipt of any instruction or notification therewith.
Past performance is not necessarily indicative of future results.
Trade active:
Waiting for signals
Good morining
Good morining
Trade active:
Buying pressure continues around the resistance level of the channel.
Good morning
Good morning
Trade active:
A final breakout of the key level at $0.67000 sets a potential bullish tone for the week; securing the current buy position as we look forward to the market presenting another opportunity for an additional position.
Trade active:
As the price edges towards TP target, ensure current buy position is secured
Trade active:
Secure buy position(s) as second position is triggered
Good morning
Good morning
Trade active:
QUICK UPDATE
Selling pressure below the 0.67620 level on the lower time frames confirms selling opportunity as participants anticipate the retail sales event. Update coming up soon...
Selling pressure below the 0.67620 level on the lower time frames confirms selling opportunity as participants anticipate the retail sales event. Update coming up soon...
Trade active:
Securing sell position as sell pressure continues
Trade active:
Securing sell position as sell pressure continues
Trade active:
Secure position as selling pressure continues
Good morning
Good morning
Trade active:
Securing position
Trade active:
Looking forward to adding more position if price breakdown/retest the key level at the 0.67000 level.
Good morning
Good morning
Trade active:
Secure the current position
Trade active:
The sell is position currently running with 35pips in profit at the time of this publication. Secure position
Happy weekend to you
Happy weekend to you
Trade smart. Trade consciously
