Aud/Usd

[Mazz]

I am guided by indicators Stochasis (7,5,3) which break high and fibbo indicator trend down and assuming that there are several possible markets trend is overbought then I will use the trapping strategy with market position BUY I predict this pair have bullish direction
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.

[Akhterp]

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

[Huma755]

Dear friends
Forex forum is the best forum in the world online earning in part time .
In this forum we use and make money. I like zigzag indicater
Rsi
Parabolic SAR
Friends I expert in 3 indicater plz use this and gain good profit.

[billyboy00007]

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

Good luck everyone

[Adnanali]

Pivot, Resistance Levels and Support Levels for AUD / USD

For Stop Loss and Trading Targets
Calculation For Trading:
Resistance Level (R3): 0.7034
Resistance Level (R2): 0.7017
Resistance Level (R1): 0.699
Pivot Point: 0.697
Support Level (S1): 0.694
Support Level (S2): 0.693
Support Level (S3): 0.690

[Ali260]

Forex is the greatest trading website to earning huge profits.

So all of friends join forex trading and earn good.*
I have use some good indicators to earn good profit.*

These indicators are
RSI
Zigzag
If indicator shows markit markit going up you trade on buy and if indicator shows markit going down you*
trading on sell to earn good profit.*

So forex trading is a good earning website.

[Roshan12]

Today market technical analysis trend is buy according to some best indicator Zigzag,RSI
Market is going up position so if you want to gain good profit must open order buy. Also money management keep you safe from loss. Before trade open must recognize market trend .Your knowledge about market give you chance to earn good profit .
Best of luck .

[Klm123]

Today position :buy
Ye kaafi weak chal raha hai aur esliye esme usd strong hone ki wajah se ye pair up ho raha hai,esme ka level agar break hota hai to esme fir buy nahi karna chahiye,.aur sabse strong support esme long term trading ke liye hai tabb takk esme trader buy the dip karke market me sahi entry lekar apne trade ko open aur close kar sakta hai.
Aj k liye buy Karna zaida better rahay ga

[QasimShop]

Respected members of Indian forum

This pair surely increas the movement down
Side, because of indicators show that the down
Trend

Pivot Point, Moving average ,Crunt price, Rsi,
Resistance and Supporting points, MACD,
Parabolic sar, Bollinger Band, H4, H1, M30,

All the indicators running the favor down
Side
So market trend this time is sell

[Muhammadfaizan]

AUD/USD is currently trading at 0.6961 between a range of 0.6958 and 0.6964 as bears chip away at the hourly trendline support below 0.7000.

The pair lost its footing since yesterday's trade, succumbing to the coronavirus risk-off themes throughout the session overnight.

Here in Asia on Friday, bears will be keen to see a break and retest of the support line before committing to shorts below it ahead of the weekend.

As for data from overnight, the Initial claims were better than expected, falling 99k in the week ended 4 July to 1.314k vs expectations of 1.375k.

Encouragingly, continuing claims fell 700k to 18.06m suggesting return to work is continuing despite the recent rise in COVID-19 cases,

analysts at ANZ Bank explained.

Meanwhile, last week, the Australian Government announced a near AUD75bn upgrade to the defence budget over the coming decade. "The bottom line is that, as well as being an important statement on the geostrategic environment, there is conservatively AUD190bn of Defence business up for grabs between now and 2029-30," analysts at ANZ Bank explained.

Geopolitics is definitely a driver of the Aussie and trade war risk is never too far from the radar.

As for commodities, we have seen a slump in global oil prices and gold was unable to hold on to the 1800 levels with much conviction. copper prices also took a turn for the worst which have all sewed the seeds for the Aussie bears.