The price is currently showing a significant reaction on the (.77354) 61.8% Daily Fibonacci level. It is also supported by multiple support below the current price.
AUDUSD is approaching its resistance at 0.67490 where it is could reverse down to its support at 0.68130. Trading CFDs on margin carries high risk. Losses can exceed the initial investment so please ensure you fully understand the risks.
AUDUSD bounced off 0.67530 where it could potentially rise further to 0.67830. Trading CFDs on margin carries high risk. Losses can exceed the initial investment so please ensure you fully understand the risks.
I believe AUDUSD has also created an inverted head and shoulders, so we should be looking for an available pullback on the lower timeframe.
Disclaimer - I could be wrong/Trade at your own risk...
I feel very confident we will see upside on AUDUSD as we have many confirmations here. Let's see how it plays out!
So you could count the Australian dollar against the US dollar as abcde formation. Breaking out of the two red trend channels (strong & weak falling), I would expect the activation of this trading plan on a weekly basis. The target point would be on the AC line and should be in the 0.84 range, depending on how the move develops in the next 9 months. On a daily...
Hi traders, we are having very nice setup. AUDUSD is still Bullish. Don't miss this long. It has a huge potential. Currently short term trend on lower time frame is Bearish. Buy at bottom and hold. As per my analysis, price action shall further move up to the below targets. Entry: 0.75035 (or) Entry @ CMP Take Profit:...
AUDUSD to $.80 cents - This is due to the interest hike in the US which is negative to the economy. - Australian and New Zealand Markets are booming. - Employment is very good in both countries. - US Economy against AUD is in a down trend based on Weekly Charts. (USDAUD)
Uptrend in sub wave "C" will continue. All the best Traders.
Clear breakout and pullback. Target is included.
SUMMARY: The primary trend of AUD/USD is bullish on charts and price is trading below the trend line in its 30 min. chart. In 30 min. chart the price is sustaining above 200 day SMA and is taking support of 50 day SMA indicating uptrend of the pair. It is having an important resistance at the level of 0.7626 and support at the level of 0.7565. If it breaks its...
AUD/USD ( HOURLY ) SUMMARY: The short term trend of AUD/USD is bullish on charts and price is trading above 200 DMA and 50 DMA on 4 hourly charts with appearance of golden cross. It is having an important resistance at the level of 0.7260 and support at the level of 0.7110. If it breaks its resistance level on the higherside and sustains above it then we...
AUD/USD ( DAILY ) 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 0.7242 and support at the...
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...