Trading suggestion:
. There is still a possibility of temporary retracement to suggested resistance line (0.7785). if so, traders can set orders based on Price Action and expect to reach short-term targets.
Technical analysis:
. AUDUSD is in a range bound and the beginning of downtrend is expected.
.The price is above the 21-Day WEMA which acts as a...
Trading suggestion:
. There is still a possibility of temporary retracement to suggested resistance line (0.7668). if so, traders can set orders based on Price Action and expect to reach short-term targets.
Technical analysis:
. AUDUSD is in a range bound and the beginning of downtrend is expected.
. The price is below the 21-Day WEMA which acts as a...
Despite recently easing from the yearly high, AUDUSD stays well beyond the 50-day SMA, not to forget being inside the ascending triangle, amid the absence of overbought RSI conditions. As a result, the buyers are hopeful of crossing January’s peak near 0.7820, which in turn enables the optimists to eye 61.8% Fibonacci Expansion (FE) level around 0.7910 during the...
Trading suggestion:
". There is still a possibility of temporary retracement to suggested resistance line (0.76060).
if so, traders can set orders based on Price Action and expect to reach short-term targets."
Technical analysis:
. AUDUSD is in a downtrend and the continuation of downtrend is expected.
. The price is below the 21-Day WEMA which acts as a...
Despite no change in RBA’s interest rate announcement, AUDUSD remains depressed below a short-term bearish chart formation. The reason could be traced from the RBA statement suggesting the downward pressure on the inflation target, which in turn pushed the Aussie central bank to extend the Quantitative Easing (QE) beyond the current expiry of April by the same...
Trading suggestion:
. There is a possibility of temporary retracement to suggested support line (0.77). if so, traders can set orders based on Price Action and expect to reach short-term targets.
Technical analysis:
. AUDUSD is in a range bound and the beginning of uptrend is expected.
. The price is below the 21-Day WEMA which acts as a dynamic resistance....
With the virus-led risk-off weighing on the Antipodeans, not to forget the surprise drop in the Aussie retail sales, AUDUSD sellers attack an upwards sloping support line from Monday, currently around 0.7733. While expectations of the continuous cautious sentiment favor the pair’s further weakness, the 0.7700 round-figure and lower line of a descending trend...
AUDUSD is still in the long-term uptrend channel.
The Australian Dollar (AUDUSD) fell from the high of 0.7820 on January 6 to the low of 0.7659 on January 18. It rebounded in the past two trading days and returned to above the 0.7700 integer.
From the long-term trend and the FED Chairman Powell's dovish attitude, as well as the 1.9 trillion dollar stimulus plan...
iam seeing a swing point reversing for top side so i decided to get in at the market at the 15 mins so i thrown my fibonacci at 15 i got my entry my minimum r:r shiould be 2 in this case i have 2+ so i took this trade
AUDUSD fades the previous day’s upside momentum as risks turn heavy amid the coronavirus (COVID-19) fears. The quote steps back from a downward sloping trend line from last Wednesday while staying inside an ascending trend channel formation established from December 17. Also portraying the bull’s dominance is the pair’s successful trading above 200-SMA. As a...
AUD/USD teases a 33-month high around 0.7780 inside a bearish chart pattern as global markets await Georgia’s Senate runoff. Although Democrats are likely to snatch Republicans’ control over the upper US House, the thin majority and odds of President Trump’s likely plot to defy the results can probe the bulls. As a result, the AUDUSD is knocking the multi-month...
AUDUSD BROKE ITS LAST RESISTANCE LEVEL AND NOW IT TESTING BACK THE AREA AS A SUPPORT ......THE PULLBACK IS COMPARATIVELY WEAK THIS COULD BE A GOOD OPPORTUNITY TO ENTER INTO A LONG POSTION
Trading suggestion:
. There is still a possibility of temporary retracement to suggested resistance line (0.768). if so, traders can set orders based on Price Action and expect to reach short-term targets.
Technical analysis:
. AUDUSD is in a range bound and the beginning of downtrend is expected.
.The price is above the 21-Day WEMA which acts as a dynamic...
#SWSOLAR
NSE:SWSOLAR
Sterling and Wilson Solar Ltd.
CMP: 236
Target: 337 +
SL: 220
Time Frame: < 3 months
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