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.
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.
Today there has been no economic data is expected to be slow motion and in the Range tight without break or penetrate subsidies or resistors task
We expect 0.7800 support will hold before landing for a couple of Australian dollars and our target is expected during the day is the key resistance at 0.7860 at the very least keep stop losses with the closure of 4 hours candle lowest levels of 0.7800.
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.
Australian dollar versus the US dollar negatively noticeable trading after moving average test 50 last Friday, to touch our goal first major at 0.7800, reinforced expectations of continued bearishness over intraday and short term, and breaking this level will confirm the extension of the bearish wave towards our next target at 0.7680.
Therefore, we will continue tipping the downward trend in the coming period with the support of the negative pressure from the SMA 50, noting that the breach of 0.7925 could halt the downward tendency and pay the price to retest the 0.8040 areas before any new attempt to drop.
Expected trading range for today between 0.7700 support and 0.7925 resistance range
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.
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.
AUDUSD 0.9052 yesterday opened lower on Friday last week previously at 0.9146 and the price downtrend still dominating for this pair. technically use fibonaci 0.9063 and the price is now trying to get to the bearish price break on the price of 0.9081 and if it is able to price in the possibility of price breaks will go to pivot at the price of 0.9114 - 0.9176 but if the bearish break can not afford in translucent then the price will continue down to the bottom back the price to 0.9048 - 0.8982.so price will uptreds.
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Australian dollar against the US dollar shows some upside bias now approaching the test horizontal resistance 0.7935, which form a barrier initial resistance which keeps our expectations for the downside List, noting that Stochastic is approaching overbought areas to support the continued downside bias.
MA 50 supports the negative outlook, average, and its objectives, which begins at 0.7800 and extends to 0.7680 while downside bias will remain valid and effective unless there is a breakthrough price of 0.7935 then 0.8015 levels and stability above.
Expected trading range for today between 0.7800 support and 0.8015 resistance range
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.
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.
Aussie pair did not appear against the US dollar any strong movement since the morning, to remain stable without the horizontal level 0.7935, noting that the stochastic loses his intention rookie significantly to reach overbought areas, thus supporting the chances of resuming the expected bearish trend on the intraday and short term, and that targets start at 0.7800 then 0.7680.
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.
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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