AUDUSD
Don't miss the great sell opportunity in AUDUSDTrading suggestion:
. There is still a possibility of temporary retracement to suggested resistance line (0.6370). 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 support.
. The RSI is at 40.
Take Profits:
TP1= @ 0.6310
TP2= @ 0.6265
TP3= @ 0.6205
SL: Break Above R2
A good sell opportunity in AUDUSDTrading suggestion:
. There is still a possibility of temporary retracement to suggested resistance line (0.6373). if so, traders can set orders based on Price Action and expect to reach short-term targets.
Technical analysis:
. AUDUSD is in aptrend and the beginning of downtrend is expected.
. The price is above the 21-Day WEMA which acts as a dynamic support.
. The RSI is at 43.
Take Profits:
TP1= @ 0.62490
TP2= @ 0.62030
TP3= @ 0.5977
SL: Break Above R2
AUDUSD Trade Setup The daily right side is down & the 4 hour right side is down against the .7035 highs from 12/31/19. While above .5978 where the hourly right side is up the pair can correct the cycle lower from the 12/31/19 highs.
Short Term Signal
Sell AUDUSD
@63.45- 63.70
Target: 62.50
SL: 63.90
good luck
AUDUSD Intraday ForecastAs we forecast uptrend for this day, so Forecast City suggests buy (limit) above S1=0.619.
But the short term forecast is range bound, so we expect to reach the following targets:
TP3: R1=0.625.
TP4: R2=0.6315.
Set the stoploss of these orders at breakout of S2=0.6155.
Stop and reverse:
If trend gets reversed, sell (stop) orders will be opened at breakout of S2=0.6155.
In this situation, there is an expectation to reach the target S3=0.606.
Set the stoploss of reverse orders at breakout of S1=0.619.
If you would like to trade in the next 24 hours , the intraday forecasts of ForecastCity will show you the most accurate and the most likely actions and swings of the market. Our intraday forecasts are available before those of all the other sites. Our intraday forecasts are available very early in the day. It is one of ForecastCity’s glorious and positive qualities. This quality has made us the first forecaster that forecast tomorrow for you!
AUDUSD Intraday ForecastAs we forecast uptrend for this day, so Forecast City suggests buy (limit) above S1=0.6045.
But the short term forecast is range bound, so we expect to reach the following targets:
TP3: R1=0.6115.
TP4: R2=0.616.
Set the stoploss of these orders at breakout of S2=0.6035.
Stop and reverse:
If trend gets reversed, sell (stop) orders will be opened at breakout of S2=0.6035.
In this situation, there is an expectation to reach the target S3=0.5965.
Set the stoploss of reverse orders at breakout of S1=0.6045.
If you would like to trade in the next 24 hours , the intraday forecasts of ForecastCity will show you the most accurate and the most likely actions and swings of the market. Our intraday forecasts are available before those of all the other sites. Our intraday forecasts are available very early in the day. It is one of ForecastCity’s glorious and positive qualities. This quality has made us the first forecaster that forecast tomorrow for you!
AUDUSD Intraday ForecastAs we forecast uptrend for this day, so Forecast City suggests buy (limit) above S1=0.572.
But the short term forecast is range bound, so we expect to reach the following targets:
TP3: R1=0.5845.
TP4: R2=0.5895.
Set the stoploss of these orders at breakout of S2=0.5695.
Stop and reverse:
If trend gets reversed, sell (stop) orders will be opened at breakout of S2=0.5695.
In this situation, there is an expectation to reach the target S3=0.556.
Set the stoploss of reverse orders at breakout of S1=0.572.
If you would like to trade in the next 24 hours , the intraday forecasts of ForecastCity will show you the most accurate and the most likely actions and swings of the market. Our intraday forecasts are available before those of all the other sites. Our intraday forecasts are available very early in the day. It is one of ForecastCity’s glorious and positive qualities. This quality has made us the first forecaster that forecast tomorrow for you!
AUDUSD Intraday ForecastAs we forecast downtrend for this day, so Forecast City suggests sell (limit) below R1=0.665.
But the short term forecast is range bound, so we expect to reach the following targets:
TP3: S1=0.6605.
TP4: S2=0.6585.
Set the stoploss of these orders at breakout of R2=0.6665.
Stop and reverse:
If trend gets reversed, buy (stop) orders will be opened at breakout of R2=0.6665.
In this situation, there is an expectation to reach the target R3=0.6735.
Set the stoploss of reverse orders at breakout of R1=0.665.
If you would like to trade in the next 24 hours , the intraday forecasts of ForecastCity will show you the most accurate and the most likely actions and swings of the market. Our intraday forecasts are available before those of all the other sites. Our intraday forecasts are available very early in the day. It is one of ForecastCity’s glorious and positive qualities. This quality has made us the first forecaster that forecast tomorrow for you!
AUDUSD TRADE SETUP The weekly right side is down against the .8130 highs from 1/26/2018 & the daily right side is down against the 1/31/2019 highs at .7299. The 4 hour is favored to turn up soon when the pair corrects the cycle from the .7032 highs from 12/31/19 & while below there expect the pair turns back lower.