Thread: AUD/USD

TL in tact

I think 150-200 pips left to the upside from here

Originally Posted by ;

it's been stuck in 0.784, I will Try to Market from here

Trying to invite Individuals who are not in (Brief) yet- Creating nice entry for them

Originally Posted by ;

quote 2016 picture 2017 picture Plenty of more tasks to go... coming soon.

2018


We have only just started...

Someone wishes to brief this pair?
I may be wholly wrong, but I really don't find anything suggesting that AUD/USD will create any big down-move until it visits 0.82xx. Approximately there the price will touch the line of this weekly bullish channel.

Originally Posted by ;

Somebody still wants to brief this pair? I may be totally wrong, but I truly don't see anything suggesting that AUD/USD will create any huge down-move before it visits 0.82xx. Approximately there the price will probably touch the top line of this bullish channel.

It seems like it wants to push up but It's disabled

Originally Posted by ;

quote it looks like it wants to push up but it's handicapped

There are several sub channels inside the bullish weekly channel. A little messy formation with a lot of R/S levels. Thus a lot of little ranging in this area. It'll breakout eventually. The question is where to. I don't see any substantial down-move being made by it before the weekly upper channel line rolls.

I've gone on the Daily chart from today.

Technically the AUDUSD is struggling in the center of a few consolidation patterns - a weekly ascending channel (chocolate traces) and its mid-line and a service trendline (navy) from your daily time period. Basically, the current mode is up until the mid-line is broken but there is minimal potential for much profit.

Trade safe and prosper


KP

Originally Posted by ;

Somebody still wants to short this pair? I may be completely wrong, but I truly don't see anything indiing that AUD/USD will make any big down-move before it visits 0.82xx. Around there the price will touch the top line of the bullish channel.

Short term bullish; extended term bearish