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Although it has shown an increase in AUDCHF not necessarily alter the downside and current decline should be seen back to 0.7919 low. On the upside, a break above the resistance level of 0.7935 is needed to signal short term bottoming. If not, in the short term will remain bearish in case of recovery.
Economic growth will be the theme in the financial markets this week. Japan and the UK will announce data on economic growth in the second quarter of 2019, which could be a sentiment driving the market.
Japan will announce the preliminary reading of economic growth in the second quarter of 2019 on August 8. Market participants expect the Japanese economy to slow down quite badly. Market consensus gathered by Reuters estimates that the quarterly annualized economy of the Rising Sun Country is 0.4%.
Slower than the quarter I-2019 which is 2.2%. Understandably, Japanese exports have contracted alias dropped for seven consecutive months due to the trade war of the United States (US) -China and a slowdown in the global economy. Japan's trade friction with South Korea made things even more complicated.
In July, exports of the Bamboo Curtain country were estimated to contract 2.2% YoY, 7.6% YoY imports, and a trade balance surplus of US $ 37.49 billion, citing the consensus of Trading Economics. This data is important because it can determine the direction of US-China trade negotiations.
If China's trade surplus (especially against the US) continues to swell, then the US might become inflamed. US President Donald Trump can be more confident in implementing import duties for the import of products made in China valued at US $ 300 billion starting next September.
Yes, investors also seem obliged to continue to monitor the development of US-China trade relations that are getting hot again. Because, China will reply if the US really imposed the import duty. Instead of trade peace, the US-China will instead lead to the umpteenth volume of trade war.
today this currency pair on date 26sep19.
i predicted this pair have being bearish down direction.
the price is break Resistance and Trend Line and it is moving down side with having the long signal from the parabolic SAR.
the market trend could remain in this position and I expected support resistance levels.
A dot below the candles that indicates a downtrend direction
in addition to that we can see a SELL signal on the MACD indicator.
I suggest to take short terms position on SELL today.
time frame that is considered while making support and resistance levels – Daily and Weekly time frame,
consider the daily economic news before taking the trade.
Resisrance level 0.8350
Support level 0.8260
Thanks shukria for the help
Today Market trend:sell
Current price aur previous price market ke down hony ka ishara de rahe hain
Resistance and Support points bhi market ke down hony ka ishara de rahe hain
Isliye hum ko sell main trade laga deni chahiye
Today Technical Analysis of Aud/Usd
indicators show Trend
Moving average indicators: sell
Parabolic indicators :sell
Current Rate of this pair :0.6760
Strong Resistance and Supporting Level today,s
Resistance level is:
1: Resistance level is : 0.7014
2: Resistance level is : 0.6941
3: Resistance level is : 0.6821
Supporting level is :
1: Supporting level is : 0.6645
2: Supporting level is : 0.6523
3: Supporting level is : 0.6412
Today market trend: buy
Mere experience aur indicators ko dekhte hoye market up side ki tarf ja ri hai
Hamain buy main trade profit de gi
Hamesha apne experience se trading karen aur acha profit hasil karen
Aud/Chf trends to Bullish
* Resistance 0.7031
* Resistance 0.6999
* Resistance 0.6963
* Supporting 0.6895
* Supporting 0.6851
* Supporting 0.6823
Today Market analysis and trend:ßuy
Current price , Previous price
And
Resistance points , Support points given is message about market up
All famous indicators:
Bollinger band
Parabolic sar
RSI
And
Moving average
Given are strong signals about market up so could the trading of ßuy
If you want become Successful Trader In Forex so could the hardwork and get a knowledge and experience about forex trading
currency pair : audchf
Daily analysis
I predict this pair have bullish direction
the price is break Resistance and Trend Line and it is Flying Up side with having the Long signal from the parabolic SAR.
the market trend could remain in this position and I expected support resistance levels
I suggest to take LONG position today
time frame that is considered while making support and resistance levels – use Daily and Weekly time frame,
consider the daily economic news before taking the trade.
money management is very effective for getting profits with stop loss and take profits method with current trading position.