albertos
Short

AUDUSD oversold the Australian dollar

FX:AUDUSD   Australian Dollar / U.S. Dollar
145 6 7
oversold the Australian dollar             , the sale starts at 0.75000 to continue the short channel up to 0.7000. favored short, starting in upward and then test area 0.74000 - 0.75000 max and then on to 0.7000.
Oversold conditions add to uncertainty as traders looks for bottoms , the overriding consideration is sentiment thats what drives markets and with all the negative news surrounding falling commodity prices dangerous to fish for bottoms, but admit done the same myself !!
+1 Reply
albertos MarkLangley
thanks Comment
+1 Reply
IvanLabrie PRO MarkLangley
Indeed, market bottoms are rare, and take time to form. More often than not, trend continuation is in order.
+1 Reply
albertos IvanLabrie
Thanks Ivan
+1 Reply
won't go 0.7077 ?
Reply
very Oversold
+1 Reply
English
English (UK)
English (IN)
Deutsch
Français
Español
Italiano
Polski
Türkçe
Русский
Português
Bahasa Indonesia
Bahasa Melayu
ภาษาไทย
Tiếng Việt
日本語
한국어
简体
台灣
Home Stock Screener Forex Signal Finder Cryptocurrency Signal Finder Economic Calendar How It Works Chart Features House Rules Moderators Website & Broker Solutions Widgets Stock Charting Library Feature Request Blog & News FAQ Help & Wiki Twitter
Profile Profile Settings Account and Billing My Support Tickets Contact Support Ideas Published Followers Following Private Messages Chat Sign Out