Once 0.72 resistance is gone we are headed for 0.77
Midterm forecast: . 0.7030 is a major support, while this level is not broken, the Midterm wave will be uptrend. Technical analysis: . While the RSI support #1 at 51 is not broken, the probability of price decrease would be too low. . A peak is formed in daily chart at 0.7176 on 07/22/2020, so more losses minimum to Major Support (0.7030) is expected. . Price...
as we see descending pattern trend is likely to go down(short).
Trading suggestion: . There is still a possibility of temporary retracement to suggested resistance line (0.714). 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...
All traget achived nicly. 3rd time will be 76772. buyers accoupied 68075 Aim 0.76722 check my previous chart .. its helpful support and comment
Trading suggestion: . There is a possibility of temporary retracement to suggested support line (0.7075). 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 above the 21-Day WEMA which acts as a dynamic support. ....
From a monthly perspective, the graph is about to retest the previous support level From a weekly perspective there is chance for the retest From a Daily Perspective there is a high probability for the graph to retrace at the 0.32 Fibonacci level and the to the .5 or .6 by forming a head and shoulders the short to the weekly support level Hope it helps...
FX:AUDUSD Hey there, Here's a view on AUDUSD. 1H Trendline which has been acting as a major support for AUDUSD for a very long time has been broken and price has retested the level twicw. Will be a nice shorting Opportunity from now if the USD gets strong. Thank you.
AUDUSD is showing the formation of a Bearish triple top pattern in M30, H1, and H4. Possible short opportunity.
AUDUSD looking good buy with small riskreward
TP1 0.68907 TP2 0.69073 TP3 0.69275 SL 0.68225 Technical Support from Komu Cloud in daily chart, Fib levels on 4 hr chart and Fundamental Analysis
The market has been in an uptrend for the past few weeks,we can also see clearly how price has been obeying the 200EMA.We might be expecting price to retest the 200EMA or a continued move to the upside thereby breaking the 0.70359 daily level and coming back for the retest of that level.We would be watching out how PA plays out at the retest of the 0.70359 level...
Trading suggestion: . There is a possibility of temporary retracement to suggested support line (0.6835). 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 above the 21-Day WEMA which acts as a dynamic support. ....