Thread: Aud/Usd
Is a moving average of 50 ground support good instantaneous now at 0.7035, which hinder attempts Australian dollar versus the US dollar to resume the main bearish direction, while Stochastic provides a negative signal clear wait to stimulate the price to break this level and then push the price lower.
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Touched the Australian dollar against the US dollar the main descending channel resistance which now fall to 0.7095, where maintaining price stability without this resistance, noting that the stochastic starts to provide a negative crossover on the time frame of four hours, which supports the continued bearish scenario during level the next period, which targets start at 0.6920 and extend to 0.6800.
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It continued the Australian dollar against the US dollar to rise yesterday to near the descending channel resistance which resides at 0.7125 level, accompanied by the emergence of a large saturation signals in the purchase through the stochastic, which supports the chances of resuming the main bearish direction, relying mainly on the stability of the price within the channel mentioned.
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Aussie pair did not show against the US dollar any strong movement since the morning, to continue to fluctuate near the level of 0.6950 keeping the stability without him, and therefore, the downside bias will remain constant in the coming period with the support of 50 EMA, with the reminder following our goal, which resides at 0.6800, and the requirement stability below 0.7145 to achieve.
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Our preference: Short selling center under .706. Target 0.695,0.6900,0.6850
Alternative: break above .706, to open 0.7085,0.7150 scenario
Technical comments: Prospects to resume landing after the end of the bullish correction.
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Keep the Australian dollar against the US dollar on the stability below the psychological barrier 0.7000, which keeps the negative pressure in place until now, supported by SMA 50, reinforcing expectations of continued overall downward trend, which slowed the current positive stochastic indicator.
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hanji ye pair bahut time se down he hua hai aur poore august me bhi down he raha hai,ess pair me buy karne ka chance tabhi hoga jabb aap technical levels ko achhe se samajh sakein aur tabb esme trade lagaye..Originally Posted by dareking
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.
The expectations for the downside will remain effective during the coming period, supported by SMA 50, provided that the price maintains stability below 0.7155.
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.
bhai aud/usd par to waise main trading nahi kar raha hoon, lekin iska trend bahtu hi samay se down hai, kafi niche pair move ho raha hai, acha mauka milega to isko buy karna bhai ek dum thik rahega.
Sabka Malik Ek
Spammers Hate Me
Australian dollar versus the US dollar starts trading today passively noticeable to near the level of 0.6950, waiting to break this level to confirm open the way towards our main expected at 0.6800.
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.
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