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Today market trend: Bullish
Resistance and Support points are depend on market news
So before trading see indicators and then take a decision for trading
Always keep patience and get a huge profit in your trading
Come in forex trading and become a ßillionaire
Ap achay se kaam karen ge to acha bonus aur acha profit hasil kar sakein ge
I think this pair still in a bullish trend. yesterday's bearish candle is just a correction before it will continue its bullish trend if seen from the weekly time frame in the form of bullish and overall last week the price movement was still controlled by the buyer while on the daily time frame itself
the trend reversal pattern has been formed quite well so that the opportunity for prices to continue moving up is quite open
AUD/USD pushed higher after breaking above 0.7200 on Monday.
USD remains under selling pressure amid slumping T-bond yields.
Reserve Bank of Australia will release August Meeting Minutes on Tuesday.
After spending the first half of the day in a relatively tight range below 0.7200, the AUD/USD pair gained traction during the American session and rose to its highest level in 10 days at 0.7228. As of writing, the pair was up 0.63% on a daily basis at 0.7216
hello my dear friends how are you , I hope you will be fine everyday I predict this pair will reach to the next resistance level, maybe this pair will make some correction to the next high level.
Up trend is indicated from the Simple Moving Average and Bollinger Bands indicator .
BUY position is better choice now, you can set target profit level 35 pips from current price
that’s according to the green color shown by the Bollinger Bands indicator determining by that the main market direction.
bullish signal is indicated from the Simple Moving Average indicator and that is by giving us buy signal.
this pair can continue bullish trend today and there is possible chance price will move to up side.
AUD/USD marks second U-turn from 0.7220-30 area after flashing two-day winning streak.
Broad US dollar weakness, gold price rally favor the Aussie buyers.
Worries concerning the US-China tussle, American stimulus largely ignored.
RBA minutes will offer more details on the central bank’s recent dovish tone.
AUD/USD seesaws around 0.7215 at the start of Tuesday’s Asian session. The pair rose during Friday and Monday but the gains of the previous day challenged a seven-day top while taking clues from the surge in the gold prices and weak US dollar. Though, the Sino-American tension, coronavirus (COVID-19) woes and uncertainty concerning the US aid package push back the buyers around 0.7220-30 off-late. Hence, traders are waiting for more clues and will observe RBA minutes closely for fresh impetus
in my opinion this pair will go up again because it still looks bullish so I am more confident we need to open buy again even if it goes down I think it's just a correction and because the market is closed
don't forget if you experience an error always self-evaluate and try to improve don't forget to pray first before doing anything, that way we can be calm in carrying it out and later we can accept whatever results we have tried and be aware that the rise is still far away.
happy trading all, this pair is still moving sideways until now from the H4 time frame it is known that pair movement is still moving above the 161.8% fibo level if later the price breaks below it then the next price will target the support level below the price
but if the price rises it is possible that the possible level for the price to be touched is the SBR level which I marked with a line the top this is where we can do selling reentry with the condition that the price reject from here
AUD/USD eases from the one-week high as RBA policymakers stay, as per the latest minutes.
Risk-tone recovers amid a light calendar day, better-than-forecast weekly consumer sentiment for Australia adds to the pair’s strength.
The city of Sydney added to NSW’s COVID-19 hotspots, Victoria marked 222 new cases, the lowest in a month, with death toll being 17.
US housing market data, risk catalysts awaited for fresh impulse.
AUD/USD drops to 0.7220 during the early Tuesday. In doing so, the aussie pair react to the latest RBA minutes from the August month’s monetary policy meeting. Even so, the quote remains close to the one week high and flashes a three-day winning streak by the press time
Currently monitoring what appears to be a typical market market move.
Price is currently trapped in a range and created a double top.
As retail traders we taught to trade certain patterns and the market maker uses this knowledge to create liquidity
When retail traders saw the double top they started selling, price the spiked out of the contraction to the downside inducing more selling from breakout traders, some sell traders will be in profit for a moment.
The market maker will drive price up ,in the process turning the sell positions into buys and inducing breakout traders to buy even more in this process they will create enough liquidity to fill there sell orders.
I expect price to move into the area marked supply then we will wait for our confirmation to sell and ride the wave with the market maker.
I think this pair still in a bullish trend. yesterday's bearish candle is just a correction before it will continue its bullish trend if seen from the weekly time frame in the form of bullish and overall last week the price movement was still controlled by the buyer while on the daily time frame itself
the trend reversal pattern has been formed quite well so that the opportunity for prices to continue moving up is quite open