Jul 29 2018 at 05:46
Channel broken to the downside. Momentum has now stalled but if price falls below 0.7300, I am shorting all the way down
The pair has been in consolidation mood in July, waiting for breakout points to determine a clear direction.
Jul 30 2018 at 10:08
Target Level : 0.7367
Target Period : 2 days
Analysis :
Triangle identified at 30-Jul-01:00 2018 GMT-2. This pattern is still in the process of forming. Possible bearish price movement towards the support 0.7367 within the next 2 days.
Supporting Indicators :
Downward sloping Moving Average
Resistance Levels :
( B ) 0.7406Last resistance turning point of Triangle.
Support Levels
( A ) 0.7367Last support turning point of Triangle.
Target Period : 2 days
Analysis :
Triangle identified at 30-Jul-01:00 2018 GMT-2. This pattern is still in the process of forming. Possible bearish price movement towards the support 0.7367 within the next 2 days.
Supporting Indicators :
Downward sloping Moving Average
Resistance Levels :
( B ) 0.7406Last resistance turning point of Triangle.
Support Levels
( A ) 0.7367Last support turning point of Triangle.
The upbeat Australian data released this morning, failed to support the Aussie and AUD/USD is trading around 0.74. Readings on the H4 provide bearish short-term picture.
Traders were selling into the good news so this has to be a strong sign that price is going to fall for quite some time on aussie
Aug 05 2018 at 06:04
Target Level : 0.7328
Target Period : 6 hours
Analysis :
Descending Triangle has broken through the support line at 03-Aug-06:00 2018 GMT-2.
Target Period : 6 hours
Analysis :
Descending Triangle has broken through the support line at 03-Aug-06:00 2018 GMT-2.
The pair remains under pressure trading within the range around 0.74 zone, continue to be lack of directional strength.
The pair has recovered the bearish gap over the weekend, immediate support at 1.2720 breaks below will further the decline.
i believe the next serious support level as per the weekly charts for the pair is at the 0.72024-0.71759 level
respect the process
Aug 13 2018 at 14:42
I can see that being blown through unless momentum starts to fall soon
SarahDW posted:
The pair has recovered the bearish gap over the weekend, immediate support at 1.2720 breaks below will further the decline.
I believe the momentum has started picking up as the [air has broken through the .72633 support that has been the barrier for a large part of the day.
respect the process
Aussie has entered an upward correction movement, currently trading just above 0.73 level, but the pair still remains in the negative territory. Support level can be found at 0.72 level.
Yeah, I'm still negative on this pair. As soon as the price starts falling again I am re-entering
Nov 13 2021 at 08:03
The Australian to US dollar (AUD/USD) pairing, informally known as the 'Aussie', is a popular forex pair and represents around five percent of the entire fx market by volume. Day traders can often witness high levels of both volume and volatility due to the interest rate disparity of both currencies.
Please login to comment .
