Australian Dollar
AUSTRALIAN DOLLAR FUTURES (CONTINUOUS: CURRENT CONTRACT IN FRONT)
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Hello Traders I expect AUDUSD to reach a strong resistance line at 0.688 and then begin to fall to 0.68
AUDUSD Pushing up a little bit. We have been calling AU quite nicely but right now its looking very choppy. Not liking AU right now there is a lot of indecision in the market and I feel there is a lot better options for us right now. With AU I am going to sit on my hands and let it play out for a bit.
I am Expecting an Upside move BullFlag maximum break upside so in AUDUSD making same scenario , i Hope we can see a move Upside. let see how peform,
Price most propably will test decending blue trendline and local ressistance before next move.
Support Levels: S-1 = 0.6800 S-2= 0.6725 Resistance Level: R-1 =0.6855 R-2 =0.6914 @Allmypips Analysis Please like, share/follow us and get daily/weekly/ monthly Analysis/Also Join Telegram. If you like the idea, please push like and subscribe, it motivates me to post ideas more often. AUD/USD pair is not able to break through the resistance at the 0.6820 level,...
Market Commentary: If the trend is upside or in downside i will inform in the chart and there will be a PB can occur and some correction may start so MIND that DONT TRADE THE CORRECTION and what i am expecting the CORRECTION....Wait for the PB ends...and give entry in the trend side...If u r doing the PB and correction u will took loss ....trade only in trend...
Daily Chart Explanation: This pair has been on a bearish trend for the last two years, and recently has found a support zone at 0.6700. It has been moving sideways since then, but now it is about to face the Descending Trendline again. We expect a bounce there and a potential retest of the Support zone, and, if the support zone is broken, then there is potential...
Price reversed from top of horizontal channel and has the potential to reach the bottom of the channel towards the demand zone.
Hey traders, On AUDUSD on the daily chart we can see that price has started to move back down after testing the mini blue trendline. The overall bigger green trendline is intact, and right now it looks like bears are in control. Bears will be looking to continue to push price down. But if buyers can push past the blue trend line we may see another retest of...
Right now, the aussie has managed to work its way past both the 200-hour MA (blue line) and the 100-hour MA (red line) against the dollar as buyers seize back near-term control. In overnight trading, buyers leaned on support close to the 0.6800 handle and that has helped to provide a platform to build on a move higher in trading today. Looking ahead, there is...
AUDUSD break channel trend line. We can prepare SELL LIMIT setup on supply. But don't forget to place your safety belt.
MArket has created a H&S pattern. Expecting for price to anticipate to the upside. the push down thats been happening was just a re-test to the W that was being formed thr out the entire month of November. Lets take this to the TOP !