The Aussie dollar is unwinding against the Japanese yen, following its sharp pattern breakout which extended beneath key support at 80.42 (61.8% Fib). The move adds to current risk aversion in the global financial community.
The Aussie dollar is unwinding against the Japanese yen, following its sharp pattern breakout which extended beneath key support at 80.42 (61.8% Fib). The move adds to current risk aversion in the global financial community.
LIKE MY POST.THEN DO NOT FORGET TO GIVE THANKS!!!
zainm6050 (2019-05-10)
Australian Dollar recovery from last week lows at 0.9925, extended higher yesterday favoured by higher demand for risk, to reach fresh 6-day highs at 1.0515, to trim gains as risk aversion returned on Tuesday and retreat to 1.0405 low so far.
LIKE MY POST.THEN DO NOT FORGET TO GIVE THANKS!!!
zainm6050 (2019-05-10)
audusd 1.0418 now. After 50% bullish correction, after top confirmation
larger bearish trend resume. So SELL now.
Though trading on financial markets involves high risk, it can still generate extra income in case you apply the right approach. By choosing a reliable broker such as InstaForex you get access to the international financial markets and open your way towards financial independence. You can sign up here.
zainm6050 (2019-05-10)
audusd made 50% retrace (bullish). It is still inside general downtrend.
So Iam waiting on SELL entry very soon.
Though trading on financial markets involves high risk, it can still generate extra income in case you apply the right approach. By choosing a reliable broker such as InstaForex you get access to the international financial markets and open your way towards financial independence. You can sign up here.
zainm6050 (2019-05-10)
The AUD/USD pair fell, and then rose on Friday as traders took on more risk in the later hours of the session. The recent consolidation area looks like it wants to be supportive of the market, and we feel that we will see the 1.05 level tested fairly soon
Though trading on financial markets involves high risk, it can still generate extra income in case you apply the right approach. By choosing a reliable broker such as InstaForex you get access to the international financial markets and open your way towards financial independence. You can sign up here.
zainm6050 (2019-05-10)
the pair and as we can see from the chart has closed it's daily candle under the level of 1.0500 , so , that's mean the down trend is still standing and the pair is heading to 1.0460 then 1.0430
Though trading on financial markets involves high risk, it can still generate extra income in case you apply the right approach. By choosing a reliable broker such as InstaForex you get access to the international financial markets and open your way towards financial independence. You can sign up here.
zainm6050 (2019-05-10)
In the interim, look for intraday rallies to be well capped ahead of 1.0600. The price is also contemplating the establishment back below the 200-Day SMA which further strengthens downside bias.
Though trading on financial markets involves high risk, it can still generate extra income in case you apply the right approach. By choosing a reliable broker such as InstaForex you get access to the international financial markets and open your way towards financial independence. You can sign up here.
zainm6050 (2019-05-10)
Gold is looking like it wants to rise again and that will put in a bid for the Aussie. We buy at a break of the highs on Friday. If it doesnt break it, we think more consolidation could be in order
Though trading on financial markets involves high risk, it can still generate extra income in case you apply the right approach. By choosing a reliable broker such as InstaForex you get access to the international financial markets and open your way towards financial independence. You can sign up here.
zainm6050 (2019-05-10)
The latest violent bearish reversal off of post-float record highs is significant with the market now looking to carve out a major top. The recent acceleration and close below 1.0390 has triggered a more substantial topping formation that projects deeper setbacks towards 0.9700 over the coming sessions. In the interim, look for intraday rallies to be well capped ahead of 1.0600. The price is also contemplating the establishment back below the 200-Day SMA which further strengthens downside bias.
Though trading on financial markets involves high risk, it can still generate extra income in case you apply the right approach. By choosing a reliable broker such as InstaForex you get access to the international financial markets and open your way towards financial independence. You can sign up here.
zainm6050 (2019-05-10)
In this moment audusd is still inside bullish correction inside shortterm/midterm downtrend.
Iam still waiting on sell entry but it seems it wont be today.
In other oairs with usd we can see general usd weakness in this moment but this have to change soon.
Though trading on financial markets involves high risk, it can still generate extra income in case you apply the right approach. By choosing a reliable broker such as InstaForex you get access to the international financial markets and open your way towards financial independence. You can sign up here.
Sahilkhan75 (2020-07-10), zainm6050 (2019-05-10)
There are currently users online. members and guests
Threads:
Posts:
Member: