AUD/USD has done a very strong rally over the last 3 months. But, it seems like a reversal has happened in AUD/USD. Repeated Failures to break the 0.7070 level has strengthened the bears. Looking at price action, the chance for a drop to 0.66 is increasing. So, the best trading plan would be to sell the rallies.
Hello Sophisticated Trader, The $AUDUSD as finally showed some form of reversal that now put .6700 in view. The break of the 100MA on the 4hr indicates that the pair may test the breakout levels before deciding what it wants to do. The double top with January high could also be an indication that a long term top is in place. However, we will wait and see. For...
Price is currently testing a strong level of support, once broken its a sell to the green area Price will ALWAYS retrace so dont expect a profit straight away but the fall will be lovely
Price has tested this area of support several times, once broken price should fall towards the green area Dont over complicate your charts kids!
AUDUSD have tested a key level around 0.7032 and fell quite sharply, momentum have started weakening across the time frames, this is counter trend trade so I am expecting a pullback to 0.6650. Trade Safe!
Hello. What you can see ? - The movement of the bulls is coming to an end. This is implied by the subsequent adjustment that must be made. The price formed two good areas of support. The trand start his movement in the middle of March. There are good chances to see a little consolidation area in the next two days. So in this time the price will gather the...
As we suggested earlier, the counter completed its long-term uptrend. Now, it has been confirmed through the formation of a head and shoulder pattern. Hence, the pair can move to lower levels in search of support and we have marked the best points to emerge as support.
we have consolidate chart I am looking for buying opportunity
AUDUSD bounced off 0.68653 where it could potentially rise further to 0.70130. Trading CFDs on margin carries high risk. Losses can exceed the initial investment so please ensure you fully understand the risks.
AUDUSD is approaching its resistance at 0.68354 where it is could reverse down to its support at 0.65568. Trading CFDs on margin carries high risk. Losses can exceed the initial investment so please ensure you fully understand the risks.
AUDUSD reversed off its resistance at 0.65750 where it could potentially drop further to 0.64737. Trading CFDs on margin carries high risk. Losses can exceed the initial investment so please ensure you fully understand the risks.
AUDUSD to reverse from its downside confirmation at 0.65700 where it could potentially drop further to 0.64861. Trading CFDs on margin carries high risk. Losses can exceed the initial investment so please ensure you fully understand the risks.
AUDUSD expected to rise up to 1st resistance at 0.655542 where it could potentially react off and drop down to 1st support at 0.64608. Trading CFDs on margin carries high risk. Losses can exceed the initial investment so please ensure you fully understand the risks.
AUDUSD expected to rise up to 1st resistance at 0.64739 where it could potentially react off and drop down to 1st support at 0.63779. Trading CFDs on margin carries high risk. Losses can exceed the initial investment so please ensure you fully understand the risks.
Confirmations: 1-Bullish trend on Daily TF 2-Offer zone 3-Order block 4-Fibonacci level
AUDUSD expected to rise up to 1st resistance at 0.65528 where it could potentially react off and drop down to 1st support at 0.62733. Trading CFDs on margin carries high risk. Losses can exceed the initial investment so please ensure you fully understand the risks.