Assalamu alaikum friends and respected forum members.Hope the weekend is going good for all.Last week we have seen Australian currency a bit weakening and USD strengthening against all major pairs , same shows in the currency strength meter too.
AUD/USD, Hour four chart analysis
On the H4 graph, a horizontal pattern is framing. The instrument amended to the middle line of Bollinger Bands; the pointer cloud is limited and all things considered, parallel pattern will persevere for the time being. MACD histogram is in the positive zone, its volumes are negligible; the sign line is coordinated evenly without shaping an unmistakable sign to enter the market. Stochastic is in the impartial zone and the oscillator lines have switched downwards from the boundary with the overbought zone, the sell signal is shaping.
AUD/USD, Daily chart analysis
D1 graph shows the amendment of upward development. The instrument is exchanging between the upper and focus lines of Bollinger Bands; the pointer cloud is extended; the upturn is probably going to endure in the medium term. MACD histogram is in the positive zone saving stable volumes and a consistent sign for opening long positions. Stochastic is in the nonpartisan zone; the sign line is coordinated evenly, without shaping a distinct sign to enter the market.
As currently it is falling, we need to properly look at the supporting levels: 0.7730, 0.7700, 0.7670, 0.7640, 0.7600.
Long positions might be opened from the degree of 0.7770 with focus at 0.7820 and stop-misfortune at 0.7740. Short positions might be opened from the degree of 0.7720 with focus at 0.7670. Stop-misfortune – 0.7750.
AUD/USD, Hour four chart analysis
On the H4 graph, a horizontal pattern is framing. The instrument amended to the middle line of Bollinger Bands; the pointer cloud is limited and all things considered, parallel pattern will persevere for the time being. MACD histogram is in the positive zone, its volumes are negligible; the sign line is coordinated evenly without shaping an unmistakable sign to enter the market. Stochastic is in the impartial zone and the oscillator lines have switched downwards from the boundary with the overbought zone, the sell signal is shaping.
AUD/USD, Daily chart analysis
D1 graph shows the amendment of upward development. The instrument is exchanging between the upper and focus lines of Bollinger Bands; the pointer cloud is extended; the upturn is probably going to endure in the medium term. MACD histogram is in the positive zone saving stable volumes and a consistent sign for opening long positions. Stochastic is in the nonpartisan zone; the sign line is coordinated evenly, without shaping a distinct sign to enter the market.
As currently it is falling, we need to properly look at the supporting levels: 0.7730, 0.7700, 0.7670, 0.7640, 0.7600.
Long positions might be opened from the degree of 0.7770 with focus at 0.7820 and stop-misfortune at 0.7740. Short positions might be opened from the degree of 0.7720 with focus at 0.7670. Stop-misfortune – 0.7750.
تبصرہ
Расширенный режим Обычный режим