Edit Your Comment
AUDUSD bullish
Member Since Sep 01, 2018
18 posts
Member Since Oct 11, 2013
775 posts
Member Since Oct 11, 2013
775 posts
Member Since Oct 11, 2013
775 posts
Oct 24, 2018 at 00:59
Member Since Oct 11, 2013
775 posts
The AUDUSD stays in a very good bearish channel, with a good support at the 55 day EMA. At the moment the pair consolidates around the 0.7100 level and even though the price may head in any direction, the pair may continue falling to the 0.7000 level.
Member Since Oct 25, 2018
9 posts
Oct 25, 2018 at 12:24
Member Since Oct 25, 2018
9 posts
AUDUSD could be bottoming now and start to head upwards but it would be a brave man to go long now. I would need a clear move upwards before committing any funds to that. I am still bearish on AUDUSD but may change if the price stagnates for a longer period
Member Since Oct 11, 2013
775 posts
Oct 26, 2018 at 01:36
Member Since Oct 11, 2013
775 posts
Indeed, the AUDUSD has lost its bearish momentum, but the downtrend is still in place in daiy chart. As long as the pair stays below the 55 day EMA, it could still drop some more. To the downside, the 0.7000 level could act as support. Above the 0.7100 level, the 0.7200 could act as resistance.
Member Since Jan 25, 2010
1360 posts
Oct 28, 2018 at 09:39
Member Since Jan 25, 2010
1360 posts
I'm Long AUDCHF... hope it stays bullish!
*Commercial use and spam will not be tolerated, and may result in account termination.
Tip: Posting an image/youtube url will automatically embed it in your post!
Tip: Type the @ sign to auto complete a username participating in this discussion.