Thread: Aud/Usd
The Lira is seen under increasing selling pressure for the time being. The broader sentiment around the EM FX space should continue to influence on TRY via rising uncertainty around the US-China trade talks. In addition, friction between the AKP and its main opposition party ahead of the municipal elections in Istanbul is also emerging as another source for Lira weakness.
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Ask (2019-05-10), buttar (2019-05-10), Shahzadahmed4850 (2019-05-11), zainm6050 (2019-05-10)
Right now the aud/usd rate 1.6997
Today the suitable selling point will be 1.6935
And today the most suitable buying point is 1.7030
Good luck
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Ask (2019-05-10), Shahzadahmed4850 (2019-05-11), zainm6050 (2019-05-10)
USD/CHF Might Go for a Retest of 1.0240Dear Traders,The USD/CHF has been in a bullish consolidation phase after briefly spiking to 1.0235 on Friday. 1.0185-95 might provide a fresh bullish momentum –>The POC Zone is still strong as we can see from the marubozu candle and T-89 rejections at the EMA and D L3. Bollinger Bands are
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The present pattern down developments 1.0560 yet If the value split 1.0650 it s Up developments 1.0720.
so better only chk out this pair if 1.0650 get it from my conclusion
AUDUSD pair kafi time se trong chal raha tha lekin kal isme kafi shortcoming 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 throb chanecs ho jayenge
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109.41 (Fibo 38.2% of 104.57/112.40) is needed to confirm scenario and spark fresh bearish acceleration.
Conversely, penetration and close within daily cloud would sideline immediate bears, but only extension above cloud top (110.81) would neutralize and signal reversal.
Res: 110.00; 110.14; 110.31; 110.55
Sup: 109.71; 109.58; 109.41; 109.00
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Geh pair Australian dollar against the U.S. dollar to settle above the daily closing level of 1.0365, and this is what gives a good boost of positive expectations towards more goals emerging.
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The next stop located at 1.0470 ahead, note that the penetration will open the way for further gains towards 1.0550 and then 1.0660
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Expected trading range for today is between: Support and Resistance 1.0295 1.0660
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General tendency is expected for today: rising
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Thread is Aud /usd
Early-April started with the hope that EUR/USD may sink below the support side of range formation that’s now almost half-a-year old; and then last week saw EUR/JPY spike with strength as the Yen sold-off aggressively in an apparent return of risk tolerance across major currencies.
Best of luck to all members of forax community.
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Audusd
resistance level and support level
r3 0.7005
r2 0.7001
r1 0.6998
pp 0.6994
s1 0.6993
s2 0.6989
s3 0.6984
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.
Early-April started with the hope that EUR/USD may sink below the support side of range formation that’s now almost half-a-year old; and then last week saw EUR/JPY spike with strength as the Yen sold-off aggressively in an apparent return of risk tolerance across major currencies.
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.
Ahmad22 (2019-05-10)
The has formed an inverted head and shoulders pattern as the price is rejecting above W l3 camarilla support.
0.8580-90 is the zone where the price might bounce. We can also see HVT trading setup within the marubozu bullish candle as the price is rejecting off the 88.6 fib of the HVT candle (diamond).
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.
FM1881 (2019-05-10)
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