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audusd pair strong buy kay trend main hay aor ab tk ki price movement audusd ki 0.7330 sy 0.7362 tk ki howi hay aor pair strong buy main hay aor Trader audusd ko 0.7300 sy 0.7330 sy buy kr sakta hay aor Trader audusd ko take profit 0.7400 , 0.7430 aor 0.7470 tk ka laga sakta hay aor Trader stop loss ka point 0.7300 tk ka laga kr trading ko safe kar sakta hay
Audusd pair trading down levels movement with my today forecast and analysis audusd pair trend is down :
Up Levels are : 0.7425
Normal Levels are : 0.7365
Down Levels are : 0.7315
audusd in sell trend today and i give you audusd price movement prices and today support aor resistance level details , see the prices of audusd give below ------------------------
Resistance levels: R1: $0.7420 R2: $0.7440 R3: $0.7460.
Support levels: S1: $0.7320 S2: $0.7300 S3: $0.7280.
Chart hour :: 1
date :: 29.06.2018
strong support level @ s2:0.7353 buy
buy at s2 level ,stop loss :0.7310
support levels: S1:0.7370 s2:0.7353 s3:0.7342
resistance evels: R1:0.7496 r2:0.7528 r3:0.7556
The AUD/USD has been struggling to keep its head above water and there are more signs that things are slowing up.
As I’ve mentioned numerous times in the past, one of the keys to the Aussie economy is housing. The RBA is unable to cut rates because it will contribute to an overheating of the housing market. Which they are trying to contain.
So what’s been happening instead is to tighten access to credit. Today we saw private sector credit miss the market again coming in at 0.2% vs 0.4%.
While not a major market mover, the number shows us that credit conditions are continuing to bite which will keep the economy stagnate.
audusd pair strong buy kay trend main hay aor ab tk ki price movement audusd ki 0.7336 sy 0.7401 tk ki howi hay aor pair strong buy main hay aor Trader audusd ko 0.7320 sy 0.7350 sy buy kr sakta hay aor Trader audusd ko take profit 0.7450 , 0.7500 aor 0.7550 tk ka laga sakta hay aor Trader stop loss ka point 0.7260 tk ka laga kr trading ko safe kar sakta hay
time frame - Daily
currency pair - AUD/USD
sell @ 0.7390
take profit @ 0.7346
stop loss @ 0.7422
risk reward ratio - 1 : 3
the pair may go bearish and possible retracement downtrend. sell at the top
Spoiler:
AudUsd bullish trend can continue , now current price at 0.7405 and strong support at level 0.7385 in hourly time frame. there is possible chance AudUsd price will move to up side. then next high price is 0.7455
I suggest to entry buy with stoploss at 0.7370 and take profit at 0.7455
Morning Update:
AUD was corrected downwards from the highs at the level of 0.7408 due to Australian Monday’s statistics. AiG Performance of Mfg Index fell to 57.4 points in June from 57.5 points a month earlier. MoM TD Securities Inflation stayed at the level of 0% in June. YoY value fell to 2.0% in June from 2.1% a month earlier. During the day, the dynamics of the rate can be influenced by US statistics.
Current trend
On Friday, AUD strengthened significantly against USD, partially balancing the decline at the beginning of last week.
The growth of the instrument was due mainly to technical factors, while macroeconomic statistics from Australia was ignored. New Home Sales (MoM) fell to –4.4% in April from –4.2% a month earlier. Private Sector Credit (YoY) fell to 4.8% in May from 5.1% a month earlier, and in monthly terms the indicator fell to 0.2% in May from 0.4% a month earlier.
Today, during the Asian session, the pair is trading downwards. Investors are not going to open new positions before RBA Interest Rate Decision will be published on Tuesday, July 3. June TD Securities Inflation and May Building Permits releases are expected today.
Support and resistance
On the daily chart, Bollinger bands are steadily declining. The price range is narrowing, reflecting the mixed nature of trading in the short term. MACD grows, keeping a weak buy signal (the histogram is above the signal line). Stochastic turned up after a confident decline at the beginning of last week.
According to the indications of technical indicators, it is better to open long positions in the short and super short term.
Resistance levels: 0.7409, 0.7442, 0.7474, 0.7500.
Support levels: 0.7384, 0.7355, 0.7322.
https://preview.ibb.co/hTokWd/cc7c0e...1e986e39b8.png
https://preview.ibb.co/i8OxcJ/a28cde...24c3e5298f.png
Trading tips
Long positions can be opened after the breakout of the level of 0.7409 with the targets at 0.7474 or 0.7500–0.7520 and stop loss 0.7370.
Short positions can be opened after the breakdown of the level of 0.7355 with the targets at 0.7322–0.7300 or 0.7270 and stop loss 0.7390.
Implementation period: 2–3 days.