SubscribeThe Australian dollar and other higher yielding currencies benefited from the drop of the greenback, as expectations refer to further losses for the reserve currency once the Federal Reserve announces further easing
Thread: Aud/Usd
The Australian dollar and other higher yielding currencies benefited from the drop of the greenback, as expectations refer to further losses for the reserve currency once the Federal Reserve announces further easing
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If a M15 close above 1.0800 buy only and do not sell. If price closes back below it again do nothing.
If a M15 close below 1.0696 sell only and do not buy. If price closes back above it again do nothing
The range 1.0800 and 1.0690 is neutral area, any trade done in between is personal decision and not part of this analysis
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Constructive price action offers scope for further gains in due course. Next upside targets are at 1.0786 and 1.0827. Dips should be well supported by 1.0621/1.0601 area. Below however risks deeper setback to 1.0561/35.
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.
the chart is showing that the pair has closed it's daily candle under the level of 1.0700, and that's mean that the down trend is still standing and the pair might reach 1.0660 and then 1.0630
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Settled back from the 1.0686 high with shallow dips seen giving way to further strength ahead. Higher to target the 1.0710/30 area next then 1.0786 and 1.0800 level. Support is at 1.0640 then the 1.0610/00 area
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the chart is showing that he pair has succeeded in breaking the level of 1.0700 , so that's mean the uptrend is still standing and the pair might continue it's up movements heading to 1.0740 and then 1.0770
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.
If a M15 close above 1.0750 buy only and do not sell. If price closes back below it again do nothing.
If a M15 close below 1.0650 sell only and do not buy. If price closes back above it again do nothing
The range 1.0750 and 1.0650 is neutral area, any trade done in between is personal decision and not part of this analysis
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 market was trying to edge higher, whereas the overall trend is still bearish. This significant rally may cause swing traders to sell higher. I dont have a new position on this pair.
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 pair and as we can see from the chart has closed it's daily candle under the level of 1.0700, so , that's mean the down trend is still standing and the pair is heading to 1.0630 then 1.0600
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.
Bulls continue to press higher with focus now on 1.0679. Above opens the way to 1.0733 then 1.0786. Look for dips to hold 1.0551/14 support area. Below grows more bearish confirmed by breach of 1.0464.
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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