AUDUSD

Aug 03, 2017 at 06:58
3,588 Views
73 Replies
Member Since Jul 27, 2018   10 posts
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
Member Since Dec 11, 2017   229 posts
Jul 30, 2018 at 06:03
The pair has been in consolidation mood in July, waiting for breakout points to determine a clear direction.
Member Since Mar 28, 2016   93 posts
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.
Member Since Dec 06, 2017   256 posts
Aug 02, 2018 at 05:13
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.
Member Since Jul 22, 2018   11 posts
Aug 02, 2018 at 08:53
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
Member Since Jul 12, 2016   78 posts
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.
Member Since Dec 11, 2017   229 posts
Aug 06, 2018 at 06:03
The pair remains under pressure trading within the range around 0.74 zone, continue to be lack of directional strength.
Member Since Dec 11, 2017   229 posts
Aug 13, 2018 at 06:40
The pair has recovered the bearish gap over the weekend, immediate support at 1.2720 breaks below will further the decline.
Member Since Nov 15, 2017   2 posts
Aug 13, 2018 at 08:15
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
Member Since Jul 27, 2018   10 posts
Aug 13, 2018 at 14:42
I can see that being blown through unless momentum starts to fall soon
Member Since Nov 15, 2017   2 posts
Aug 14, 2018 at 06:34
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
Member Since Dec 11, 2017   229 posts
Aug 19, 2018 at 21:27
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.
Member Since Aug 09, 2018   12 posts
Aug 21, 2018 at 06:54
Yeah, I'm still negative on this pair. As soon as the price starts falling again I am re-entering
Member Since Aug 17, 2021   94 posts
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.
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