Menu
Brokers
MT4 Forex Brokers
MT5 Forex brokers
PayPal Brokers
Skrill Brokers
Oil Trading Brokers
Gold Trading Brokers
Web Browser Platform
Brokers with CFD Trading
ECN Brokers
Bitcoin FX Brokers
PAMM Forex Brokers
With Cent Accounts
With High Leverage
Cryptocurrency Brokers
Forums
All threads
New threads
New posts
Trending
Search forums
What's new
New threads
New posts
Latest activity
Log in
Register
Search
Search titles only
By:
Search titles only
By:
Menu
Install the app
Install
Reply to thread
Forums
Advertisements
Advertisements
Atirox.com - Daily Analysis
JavaScript is disabled. For a better experience, please enable JavaScript in your browser before proceeding.
You are using an out of date browser. It may not display this or other websites correctly.
You should upgrade or use an
alternative browser
.
Message
[QUOTE="andy.atx, post: 174938, member: 58758"] [SIZE=7][B]AUD/USD: TECHNICAL ANALYSIS 31.12.19[/B][/SIZE] [URL='https://atirox.com/wp-content/uploads/AUDUSDH43112.png'][IMG]https://atirox.com/wp-content/uploads/AUDUSDH43112.png[/IMG][/URL] [B]Current trend[/B] On the 4-hour chart, the AUD/USD pair shows a moderate positive dynamic. At the moment the price has met the resistance at the level of 0.70063. The general upward trend is still maintained, but the slightly overbought conditions on the chart could be a sign if of downward correction formation. The breakout of 0.70063 and the pair’s sustained trading above it will let the price grow to the area of 0.70190-0.70496 resistance. [B]Alternative scenario[/B] The pullback below 0.69885 will be a sign of a downward correction's extension and give a prospect of decline to 0.69670 support area. Should prices continue slipping under 0.67650, the level of 0.69580 might try activating an upward rebound. [B]Technical indicators[/B] Technical indicators maintain a buy signal, but the downward correction is possible in the short term. Bollinger Bands are pointed upwards. MACD volumes are in the positive zone. Stochastic is preparing to exit the overbought zone and is directed downwards, signaling the development of a downward correction. [B]Support and resistance[/B] Support levels: 0.69885, 0.69680, 0.69580. Resistance levels: 0.70063, 0.70190, 0.70496. [B]Trading recommendations[/B] Short positions can be opened below the level of 0.69885 with the target at around 0.69680-0.69580 and stop-loss at 0.69986. Long positions can be opened above the level of 0.70063 with the target at around 0.70190-0.70496 and stop-loss at 0.69918. [/QUOTE]
Insert quotes…
Verification
Post reply
Top
Bottom
This site uses cookies to help personalise content, tailor your experience and to keep you logged in if you register.
By continuing to use this site, you are consenting to our use of cookies.
Accept
Learn more…