Thread: Aud/Usd
Won the Australian dollar against the US dollar pair breached the 0.7700 and closed last four hours without a candle, than does the scenario bearish intraday direction that the main targets start at 0.7560, to be a downside bias is probable that as long as the price below 0.7700.
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bhai AU to jayda niche ho raha hai, aur ek dum low par hai, abhi to waise trend down hai, is pair par humare ko bahut hi acha mauke milte hai pips lene ke liye, main to bhai waise is par trading hi nahi karta hoon.
Sabka Malik Ek
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We recall that penetrate the resistance mentioned above will complete the formation of a double bottom pattern has the ability to pay the price to achieve positive goals up towards 0.8035, while a break of support negative factor will push the price to 0.7560 targeting areas of the new.
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.
Spoiler:
[IMG]vvcap.net/db/ZVOrbun10xAGSc0xSgYj.png[/IMG]
Daily Forecast
Major Trend: Bullish
Time Frame: H1
Reason: second daily support has direject at 0.7684. Furthermore, the market will still be heading to the Fibonacci 423.6 which is above the second resistance today at 0.7825
Recommendation: Buy
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 Australian dollar was unable to pair against the dollar to overcome a directional keys that have been referred to in recent our reports, which is the support 0.7700 and resistance 0.7815, to continue in neutral until now, waiting to get the most accurate signal following confirmation of the trend.
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.
A double top on AUD/USD right on the 61.80% fibonacci based on the swing between 1.0752 and 0.9663 looks like a good opportunity for a short trade.
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.
AUD/USD. Bias is still bullish in nearest term, with constant move above 0.7730 area should trigger further bullish momentum to target 0.7815 area or even 0.7880 and 0.7945 region. Meanwhile, if the price managed to stay below 0.7730 area, it should trigger further bearish pressure to re-test 0.7600 area before testing 0.7530 region.
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.
We recall that the resistance mentioned above represent neckline for a double bottom that is currently forming, which means that the penetration will pay the price to achieve positive goals up towards 0.8035, while breaking the 0.7700 support will put the price under negative pressure year, to start with the main targets at 0.7560 and extend to 0.7415.
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.
[IMG]vvcap.net/db/b-ZpZ-bVxiuxF-UyoT5Z.png[/IMG]
Daily Forecast
Major Trend: Bullish
Time Frame: H1
Reason: Stochastic has entered oversold area 2, and is predicted to lead to the Fibonacci 423.6 in the second resistance at 0.7818
Recommendation: Buy
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.
Still the Australian dollar versus stuck dollar between confirm trend levels that have been referred to in Thaditna mid-day yesterday, which is the support 0.7700 and resistance 0.7815, waiting for a breakthrough one of these levels to determine the point of the following price more accurately, and this is what makes us continue to neutral so far.
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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