Thread: Aud/Usd
From H4 chart , the pair is still moving in triangle between up and down trend , i expect the pair to move down as it tested the down trend and couldn't close above it and also there is a resistance level at 50.0% so we can make sell and take profit about 50 points below .
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This pair is goes down wards for a long time it Also break the resistance but now it going upward little bid but not sure how much it will go but we can invest here if you have good deposite.
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There is a long downtrend. The price broke out and tested successfully this trend. So, the price will continue to rise.
This is the chart.
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I think this pair is already in down trend but we cant take sell order now we must wait for the broken of the support level. after breaking that level we will go for short for this pair.
our targeted take profit pips willl be -15
our targeted stop loss pips willl be-35
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.
From H4 chart , there is a triangle which will be broken soon , the pair now is testing the up trend and if it can break it , it will continue in down direction else it will rise and test the down trend again .
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 week against the united state dollar in my 1hour time frame chart
current trend in sideways condition and near in buying area
thanks and happy pips
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.
in this pair the market going down for short term position.i want to make a sell entry.
but i am still waiting for conformation
any body can suggest me for this trade
and happy pip
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 spiked as australian job data released much stronger than expected ,but i think this spike will be short lived,there is estimation in the market that RBA will cut rates next mounth and this view can push AUDUSD much lower.in technical observation ausi is moving through it's downtrend channel ,and already has reached to the top of the channel.
What wins cool headed and ability to change as fast as the market changes
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