Aud/Usd

[sasa0220]

AUD/USD came down to 0.09800 level. But did not break the 0.09800 psychological barrier. RSI is below 30 in almost all the charts showing over sold situation in the market. Despite all the positive news to the pair price still came down from yesterday mid night. But i think this is the last attempt to continue the bearish trend. Soon it will return to the original up trend.

[ashaab]

Aussie managed to resume the bearish wave surpassing the recent swing low at 0.9860, stability below this level shall keep the bearish bias in favor for the rest of the day, but as momentum indicators have dipped strongly within oversold areas, a pullback to retest the breached support levels is possible.



Recommendation : Based on the charts and explanations above our opinion is, selling the pair below 0.9860 targeting 0.9800 and 0.9750. Stop loss above 0.9900 might be appropriate.

[simpleforex68]

Let's have a look at the daily chart of the pair. The price has made a long time decrease from about 1.0847. But I think the price will retrace to the Fibonacci 32.8% level and then it will continue to decrease strongly.

[simpleforex68]

In H4 chart, the price has a long time decrease. But I think the price will be up soon because:
1. The Ichimoku Kumo Cloud is flat, this will attract the price.
2. Many tweezers candlestick. This is a reversal signal.
So, I think the price will be up.

[ashaab]

Aussie could have formed a short term bottom above 0.9860, as RSI has been providing a bullish divergence while price is pushing to 0.9950 level. If we see steady trading above this level an extension of the pullback towards 1.0015 will be likely. However, we remain bearish on the pair over the near term and look to short it at a better price.



Recommendation : Based on the charts and explanations above, we recommend selling the pair around 1.0000 targeting 0.9950 and 0.9885.stop loss above 1.0050.

[delpacing]

Resistance Level : 0.9970, 1.0020, 1.0110
Support Level : 0.9870, 0.9845, 0.9790
Trading Range : 0.9845 � 128.75
Trend : Bearish

[simpleforex68]

Now, in H1 chart of the pair. The price is in downtrend because it is below the EMA 200 and there is also a downtrend line. Based on these signals, I think the price will be down.

[Nabi Ahmed Gill]

Main ye thread AUD/USD ke discussion ke liye bana raha hain. Sabhi members ko ya post karne ke liye swagat karta hoon.

yar main na es pair ko ka dafa used ka ha lkina muja es pair na koi response nahi da es laya mara parya ab main sirf or sirf EUR/USD pair ko sirf or sfir used karta hoon main es pair ko abi used karna band kar da ha es laya ab main sirf eur usd ko used karta hoon or main na kafi profit be earned kar laya ha.

[mahmoud mohamed tawfik]

australian dollar continues moving downwareds the bears are supported by the H4 super trends line the price is just one level away from the target level the 0/8 one the pair may reach it within the next several days

[ashaab]

The pair resumed the expected decline after a minor upside pullback; to surpass the previous low near 0.9940. The downside bias continues to be strong, where pullbacks are short lived and limited. The overall bearish outlook remains intact for the pair, where 0.9950 and 1.0015-1.0030 should limit any rallies within the upcoming period for this strong bearish bias to remain evident.



Recommendation : Based on the charts and explanations above, we recommend selling the pair around 0.9960 targeting 0.9900 and 0.9850.stop loss above 1.0030.