FXSalt London Session Watch - AUDUSD

FX:AUDUSD   Australian Dollar / U.S. Dollar
84 0 1

There is a false break of the multiple-bar inside bar candlestick pattern on AUD/USD             . This false break trapped those buyers who bought at the breakout of this inside bar candlestick pattern which could potentially lead the price lower in today's London session. Note that this false break of the inside bar candlestick pattern also formed at the 200 period golden moving average which increases the odds for sellers. The Stochastic indicator and Commodity Channel Index ( CCI ) are also showing the price is currently in overbought territory which adds fuel to the bears. The long term trend is still down, as price remains below the 200 period moving average. With all that being said, we could potentially have selling opportunities in today's London session.
EN English
EN English (UK)
EN English (IN)
DE Deutsch
FR Français
ES Español
IT Italiano
PL Polski
SV Svenska
TR Türkçe
RU Русский
PT Português
ID Bahasa Indonesia
MS Bahasa Melayu
TH ภาษาไทย
VI Tiếng Việt
JA 日本語
KO 한국어
ZH 简体中文
ZH 繁體中文
AR العربية
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