YProsper

AUD/USD Weekly Analysis

FX:AUDUSD   Australian Dollar/U.S. Dollar
19 0 1
Back like I never left! Been away from the charts letting this heat from da FED die down.
At the moment I only see downside potential; but i'm uneasy because we're approaching the end of the month, Bank holiday and the Monthly TF candle looks like its putting in a dirty Doji which could open up doors for upside moves.

But besides from this. To go through some of my technicals...

Weekly TF:

We rejected off faster EMA so we're still under MA's (Downtrend;) - Weekly TF.
After last weeks madting we still closed below EMA which should of been an early sign we're going down - Weekly TF
We failed to close above Descending TL with a clean break - Weekly TF
Could be forming a Bearish Engulfing Candle. - Weekly TF
We put in a very long wick indicating too much pressure on buyers, sellers in control - Weekly TF

Just look for confluences and trade em'
Good Luck
Ideas Scripts Chart
United States
United Kingdom
India
España
France
Italia
Brasil
Россия
Türkiye
日本
한국
Home Stock Screener Forex Signal Finder Economic Calendar How It Works Chart Features House Rules Moderators For the WEB Widgets Stock Charting Library Priority Support Feature Request Blog & News FAQ Help & Wiki Twitter
Private Messages Chat Ideas Published Followers Following Priority Support Public Profile Profile Settings Account and Billing Sign Out