Thread: AUD/USD

Originally Posted by ;

quote Gap down???

I would say the US dollar will likely drop down to 88. Xx, which would push uuuuuup, but what do I know!!!

Oil and Gold UP.

already moving UP. Check XE.com.

Permit#8217;s wait and watch.

The coordinated a tack in Syria was limited and so will be the impact on the market.

Originally Posted by ;

The coordinated a tack in Syria was restricted and so will most likely be the influence on the market.

Agree, lot of time between when it happened and Sunday open

Originally Posted by ;

quote Agree, lot of time between when it occurred and Sunday open

But it might have a gradually strengthening effect, as the shareholders continue to be anxious about the final result of this battle. The investors' concern might not materialize immediately in the opening time, but as (and when) the situation escalates, the US dollar will probably get hurt, the stocks and commoditie prices will react and thereafter we'll have a scenario with rallies and sell-offs.

Just my opinion

Fantastic analyses. I visit DXY is appropriate at multi-year support/resistance zone. I've never watched this before, so that I do know what I am talking about. In the same time EURUSD is in its very own multi-year support/resistance zone (comparative, as it can swing DXY).

Away from the war news, I watch AUDUSD become powerful bullish, like it had been in December producing its yearly turn. We didn't possess the wars in December and it was. I don't know, but ready for another opp.

Originally Posted by ;

Excellent analyses. I see DXY is right at multi-year support/resistance zone. I've never watched this before, so I don't necessarily know what I'm talking about. At the same time EURUSD is in its very own multi-year support/resistance zone (relative, because it can swing DXY). Away from the war news, I see AUDUSD become powerful bullish, like it was in December making its twist. We didn't have the wars in December and it was a holiday, so who knows exactly what will be come of it. I don't know, but prepared for the opp.

Yes, if you have a look at weekly and monthly, you'll see accenting channel. In both timeframes the price is at its turning zone in its way upward towards the top channel line. In my view the price will hit the top line at about 0.83xx. Eventually this is the long term target, although it may take time until we arrive.

I'm sure many people don't agree with my opinion, but if the price in December was in the base of the channel I said that AUD/USD is bullish and it'll hit 0.82xx in some months time. It almost did. Let us see if we can get it. AUD/USD is trapped in a bullish channel so that's at least clear. And this installment is legitimate unless we get a breakout below the lower channel line.

Good luck

Originally Posted by ;

quote Yes, even when you have a look at monthly and weekly, you will see accenting station. In both timeframes that the price is at its rotation zone in its way up towards the top channel line. In my opinion the price will strike the top line at about 0.83xx. Until we arrive it may take time, but this is the long term target. I am certain that a lot of folks don't agree with my view, but when the price in December was at the bottom of the station I said AUD/USD is bullish and it will hit 0.82xx in some months time. It did. Let's see if we can get it...

Yeah. I took a peek. I concur with you. Not real sure how to describe it, but now the bears are playing. As soon as they realize their losses as well as others accept their profits, she is a buy imo. Might hard kick off among those trend lines you mentioned.

Pair Analysis
Time frame Daily
Indior line MA, Fibo, and Supdem, RSI.
Pair AUDUSD at daily time frame with market closing price at 0.7765, This price is below Fifo lineup 50 and thus tendency remains bearish with retracement correction or condition. In addition to the candle position is between the two MA lines, the RSI also shows from the level of 50-60.
For next week the trend setting remains bearish provided that no fracture resistance is made at the 0.7820 level

Originally Posted by ;

Beautiful piece of art. Consolidation around .7650 is most likely currently forming a base for another lap up. Daily Chart picture

Agreed. A/U has now formed the base for another leg up to 0.80
moving Long is good idea for next 2 weeks

Daily Pin Bar sell AUDUSD 7782 SL 7812