RECOMMENDATION:BUY SUMMARY: The secondary trend of AUD/USD is bullish on charts and price is trading below the trend line in its daily chart. In daily chart the price is sustaining below 200 day SMA and taking support of 50 day SMA indicating uptrend of the pair. It is having an important resistance at the level of 0.7240 and support at the level of 0.6825. If...
Great spot to be in guys... SUMMARY: The secondary trend of AUD/USD is bullish on charts and price is trading below the trend line in its hourly chart. In hourly chart the price is sustaining above 50 day SMA and taking support of 200 day SMA indicating uptrend of the pair. It is having an important resistance at the level of 0.7152 and support at the level of...
Behold for PRICE BREAKOUT. Buy above : 0.71080 Sell below : 0.70870
Trying to keep it simple. - Head and shoulder formation forming on 4H chart
Expect for PRICE BREAKOUT. Buy above : 0.71080 Sell below : 0.70870
RECOMMENDATION: SELL SUMMARY: The primary trend of AUD/USD is bearish on charts and price is trading below the trend line in its 4 hourly chart. In 4 hourly chart the price is sustaining below 200 day SMA and taking resistance of 50 day SMA indicating downtrend of the pair. It is had an important resistance at the level of 0.7150 and support at the level of...
Head & Shoulders formation on support
So I know there are a lot of people jumping on the bandwagon for AUDUSD Shorts but as you can see that Aussie broke below the daily/4 hourly triangle and is retesting. This is also confluent with important fib levels. As you can also see there is RSI Divergence on the 4 hour chart. This is used additional confluence. I would have stops above 0.7250 and targets...
Expect for PRICE BREAKOUT. Buy above : 0.70319 Sell below : 0.69979
Hope for PRICE BREAKOUT. Buy above : 0.70870 Sell below : 0.70700
We had a recent symmetrical triangle that lasted four months time. This past week we saw many pairs begin their pullbacks and with the AUDUSD pair we have a lot of confluence supporting a trend continuation.
Target is there.
Hope for PRICE BREAKOUT. Buy above : 0.70319 Sell below : 0.69979
After two retrenchments among two vertical channels, price will swing higher and higher to test 0.72000 as a fundamental level, this reversal based on double bottom that took placed around 0.68250
Outlook for PRICE BREAKOUT. Buy above : 0.70319 Sell below : 0.69979
Hello Traders! 2-nd variant! Dear Trader Johnm600, you we're right! Aussie is in the 3-d wave! Local target - 0.60000 Wait next variant >>>