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AUSUSD
FX_Alchemist

Member Since Sep 13, 2017  12 posts FX_Alchemist Nov 10 2017 at 11:04
Currently consolidating on the daily with a potential breakout to the downside at .75750. If it beaks the current bearish trendline, I see a testing of the key resistance at .7900

If you follow the herd...the grass is already eaten!
FX_Alchemist

Member Since Sep 13, 2017  12 posts FX_Alchemist Nov 14 2017 at 07:40
Still consolidating at support (.76512 on the daily), which is the 61.8 fib level on the weekly, as well as the 71 ema. A continuation in its overall bullish direction will see targets at .7900

If you follow the herd...the grass is already eaten!
FX_Alchemist

Member Since Sep 13, 2017  12 posts FX_Alchemist Nov 17 2017 at 11:27
With a testing of the support at .75750 the last 2 days we are in a period of consolidation. I see a bit of weakness on the bearish side which leads me to believe there will be a testing of the new resistance at .76550


If you follow the herd...the grass is already eaten!
FX_Alchemist

Member Since Sep 13, 2017  12 posts FX_Alchemist Nov 21 2017 at 07:45
With the current bearish momentum showing signs of weakness, I look for a retesting of the upper resistance level area of .76200

If you follow the herd...the grass is already eaten!
BaldoN

Member Since Feb 12, 2016  429 posts Baldo (BaldoN) Nov 21 2017 at 15:27
Broken downtrend line on 4H, a kind of 2B formation - looks some bull momentum is coming. 60 points rally, so perhaps would be good to wait for a pullback before considering new buy position. :)

FX_Alchemist

Member Since Sep 13, 2017  12 posts FX_Alchemist Nov 27 2017 at 15:59
Currently retesting the bottom of the previous consolidation range from earlier in the month. We could see a rejection which would see a move to recent lows. However, if we get a close above .7700, look for bullish momentum to take over.

If you follow the herd...the grass is already eaten!
FX_Alchemist

Member Since Sep 13, 2017  12 posts FX_Alchemist Dec 06 2017 at 15:50
After a rejection of last months opening range low (this month's opening range high), we now see a testing of this months opening range low and possibly last months low as well.

If you follow the herd...the grass is already eaten!
Irnest

Member Since Nov 21, 2017  20 posts Irnest Goodman (Irnest) Dec 12 2017 at 15:50
I believe that the price will go down to the point of 0.75188. And then turn around and go up to the point of 0.75862. And maybe even higher to the point of 0,76280.
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challenger

Member Since Aug 07, 2014  82 posts Loic Hellard (challenger) Dec 13 2017 at 09:24
Irnest posted:
I believe that the price will go down to the point of 0.75188. And then turn around and go up to the point of 0.75862. And maybe even higher to the point of 0,76280.


According to the weekly candle this one is about to form

FX_Alchemist

Member Since Sep 13, 2017  12 posts FX_Alchemist Dec 15 2017 at 12:20
With a switch in COT back on 11/20 and a retest of that low again back on 12/8, the sentiment is now bullish with a target of .77250. A retracement is expected at .76885, which is the 72 EMA. Weekly and monthly both show bullish formations.

If you follow the herd...the grass is already eaten!
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