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...
WE RECENTLY HAD RISING WEDGE PATTERN (BEARISH) BREAK ON THE DOWNSIDE, CONFIRMING SHORT TRADE. SOME DEMAND ZONES TO KEEP AN EYE ON FOR POSSIBLE RETRACES ON DAY AND SWING TRADING. FINAL TARGET IS .6825
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...
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 >>>
Hi everyone! I would really appreciate any comments or thoughts on this analysis, what are you missing here, if there is anything unclear. Your time is greatly appreciated! Thank you. Bullish movement has stopped at the cluster of Resistance zone - Pivot Points and 382 Fibonacchi retracement. This might be a place where profit is taken or bears will be selling...
EWA/EWP & VOLUME analysis! FLAT &SHORT!
Hello Traders! 6A (AUDUSD) - The downtrend is confirmed! As we mentioned earlier, If the price break throw 0.68899 - downward tendency will continue! (EWA/EWP) Main target 0.65956. Sincerely yours, Powerful Traders!