Educational Analysis says AUDUSD may go SHORT. According to my technical. This is not an entry signal. I have no concern with your profit and loss from this analysis. Why SHORT? On 4HR AND 1HR timeframe pair is making LOWER HIGH AND LOWER LOWS. I HAVE NO CONCERNS WITH YOUR PROFIT OR LOSS HOW TO TAKE ENTRY ON THIS? On 15 min timeframe, the pair changes its...
Overview: Pair: AUD/USD (Australian dollar/US dollar). The main trend: Bearish. The secondary trend : Bullish. Volatility: High. Forecast bias: Uptrend in short term. The Australian dollar has shown slight gains against the US dollar during today's Euro session. The AUD/USD pair traded between 0.7007 and 0.7190, it reached 0.7190, which was the highest price...
Weekly To monthly Base: The AUD/USD pair has been moving up in a trend and recently the bulls have managed to break through the upper ascending channel boundary and made a new local high 4 MONTHS at the level of 1.6980. Next few Week Expecting Big correction downside. Australia's gross domestic product was down a seasonally adjusted 0.3 per cent on quarter in...