The Australian dollar has reversed directions and is in negative territory on Wednesday. In the European session, AUD/USD is trading at 0.7724, down 0.36% on the day. Australia's economy rose 1.8% (QoQ) in the first quarter of the year, down from 3.2% in Q4. This was above the consensus of 1.5%. The level of economic activity currently is 0.8% above the fourth...
AUDUSD bulls step back from a convergence of a three-week-old resistance line and 100-SMA following RBA’s hints to July action. The Aussie pair drops to 0.7735 before the European session amid cautious sentiment ahead of the US ISM Manufacturing PMI for May, expected to remain unchanged near 60.7 level. In addition to the 0.7760-65 resistance confluence, a...
AUDUSD BUY @ 0.7720 SL 0.7690 TP 0.7790 Use proper money management Close this trade when you are satisfied tip: Never be so greedy.
In Daily graph we are able to see a triangular pattern which may give us a potential breakout towards the upside
OANDA:AUDUSD LOOKING TO SELL NEAR MY POI AREA Disclaimer All Videos/Information on this channel are for Education purpose only .They are not buy/Sell Recommendations . Please consult your financial Advisor before taking any trade or investment decisions .
Trading suggestion: ". There is still a possibility of temporary retracement to the suggested resistance line (0.7765). 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 a downtrend is expected. . The price is below the 21-Day WEMA, which acts...
Going for buy after a deeper correction in the lower time frame. Will look for another entry even if stop hits.