Subscribeprice look down at friday to support area 1.0215 and some correction happen at the end of market, at monday correction possible to happen move to fibo 61,8 and then price will going down again as bearish trend.
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Thread: Aud/Usd
price look down at friday to support area 1.0215 and some correction happen at the end of market, at monday correction possible to happen move to fibo 61,8 and then price will going down again as bearish trend.
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Before closed market in this week, price go down and hold by indicator hma 32. But it may become sinyal retracement up for AUD/USD for next week. Level 1.0335 will be a barrier level if price can rise.
they tried big interventions small ones hidden ones they all dont work. These imbalances get reverted just like bubbles aka 2008 crash. I truly blv market will need to reverse slowly without intervention. Real money has to come in a sell yen instead of the ppl printing it.
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AUDUSD next week
Elliott: flat correction down 1.0164
It may attempt a test higher to 1.0262 - 1.0300 after which weakness may set it to a drift down to below 1.0156 limit.
Warning: End of trend
Technical points
Key point 1.0199
Entry point 1.0211
Elliott 1.0625
Closing 1.0231
Projection 1.0164
Trendline 1.0279
Trendline 1.0184
Supports / Resistances
Res 2 1.0369
Ex-High 1.0294
Res 1 1.0300
Pivot 1.0225
Sup 1 1.0156
Ex-Low 1.0150
Sup 2 1.0081
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AUDUSD wait for correction and if the re-penetrated resistance at 1.0255 take buy position at 1.0260 to 1.0320 and stop loss targets at 1.0220, bullish target probability until 1.0338.
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still went south. pair failed to strengthen the resistance above 0280 and then with the opening of the U.S. session, the beginning of fall, while my main goal is to support about 0160, which I hope will also be broken.
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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 fair is trade 1.0244. 4H chart shows 3 candle down. 1H chart shows 4 candle down.
Daily chart shows 1 candle down. so, this fair now down trend. Next target may be 1.0180.
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pair maintains on the stability above 1.0270 so far, remains bullish momentum based on the pair, and that's what makes us continue our positive expectations for the day, provided stability above 1.0165
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Climbed back into the purchase of a support level 0250 (4-hour chart is also located near the sliding alligator), stop-coup below support 0240, also at the break of 0290 resistance will make another purchase.
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