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AUD/USD - currency Trade pair.
Today forex signal - Buy
Support 3 - Support 2 - Support 1.
0.6811 - 0.6824 - 0.6832
Resistance 1 - Resistance 2 - Resistance 3.
0.6853 - 0.6866 - 0.6873
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.
Aud/Usd
Resistance Level
Resistance Level (R3): 0.692
Resistance Level (R2): 0.690
Resistance Level (R1): 0.687
Pivot Point: 0.685
Supporting Level
Support Level (S1): 0.682
Support Level (S2): 0.680
Support Level (S3): 0.677
Technical analysis indicates many good trading opportunities and entry points but sometimes the timing of the exit points it indicates is premature. With fundamental analysis and fundamental forex signals you maximize the benefits of a good trade by keeping it open until the fundamentals shift and that position has run its full course. The technical indicators often reach oversold/overbought levels too early, which means that a technical trader has to close the position. Sometimes, technical analysis doesn’t point to anything so focus on yourself.
Technical analysis indicates many good trading opportunities and entry points but sometimes the timing of the exit points it indicates is premature. With fundamental analysis and fundamental forex signals you maximize the benefits of a good trade by keeping it open until the fundamentals shift and that position has run its full course. The technical indicators often reach oversold/overbought levels too early, which means that a technical trader has to close the position. Sometimes, technical analysis doesn’t point to anything so focus on yourself.
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AUD/USD
The Australian Dollar declined by 48 basis points or 0.70% in value against the US Dollar on Thursday. The currency pair breached the 50– and 100– hour SMAs during yesterday's trading session.
The exchange rate is currently trading near a resistance cluster formed by the 50– hour simple moving average and the weekly S1 at 0.6849.
If the resistance cluster holds, the AUD/USD pair will most likely continue to decline in the descending channel pattern within this session.
Although, if the currency exchange rate breaks the resistance line, a surge towards the upper border of the channel pattern could be expected today.
Pivot, Resistance Levels and Support Levels for AUD / USD
For Stop Loss and Trading Targets
Calculation For Trading:
Resistance Level (R3): 0.692
Resistance Level (R2): 0.690
Resistance Level (R1): 0.687
Pivot Point: 0.685
Support Level (S1): 0.682
Support Level (S2): 0.680
Support Level (S3): 0.677
SL should be around 1.6040 there H4 trend line is there price don't break that, we may see some drop to that level and then bounce back, 1.7050 has Big resistance price will test it again you can put TF as 1.7050
AUDUSD pair kafi time se trong chal raha tha lekin kal isme kafi weakness dikhi aur isne lagatar kayi candles down ternd ki banayi
1.0600 pe iska 1 support dikhta hai aur agar ye tuut gaya to iske baad iski selling ke ache chanecs ho jayenge
The AUDUSD keeps its positive stability
The AUDUSD pair settles near the bullish channel’s support line, and stochastic continues to provide the positive signals, to keep the bullish trend scenario valid for the upcoming period, waiting to surpass 0.6880 level to ease the mission of heading towards our main expected target at 0.7015, reminding you that it is important to hold above 0.6805 to continue the suggested rise.
The expected trading range for today is between 0.6830 support and 0.6900
The expected trend for today: Bullish
predictions for the day.
trading is risky if no analysis is done
AUD/USD - is the currency pair we will be focusing on
major low levels also known as supports 0.6809
major high levels also known as resistance - 0.6829