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: 179572, member: 58758"] [SIZE=7][B]AUD/USD: TECHNICAL ANALYSIS 14.04.20[/B][/SIZE] [URL='https://atirox.com/wp-content/uploads/AUDUSDH414042020.png'][IMG]https://atirox.com/wp-content/uploads/AUDUSDH414042020.png[/IMG][/URL] [B]Current trend[/B] On the 4-hour chart, the instrument is growing along the upper line of the Bollinger Bands. The price went up above the strong resistance level of 0.64087 and can grow further to the level of 0.64697. This mark seems a strong resistance, which can activate a downward reverse of the price. Meanwhile, its breakout and sustained trading above it will give a prospect of growth to 0.65000-0.65300 resistance. [B]Alternative scenario[/B] The downward rebound from 0.64300 and pullback below 0.64087 level will be a sign of the downward correction formation. The breakdown of the 0.63952 support will let the price decline to the area of 0.63734-0.63477. The lower border of this channel seems a key support zone for the pair in a short-term period. There is a high chance of an upward rebound, while its breakdown would allow the fall to continue to the area of 0.63000. [B]Technical indicators[/B] Technical indicators maintain a buy signal. Bollinger Bands are diverging on the background of bullish momentum. MACD is growing in a positive zone. Stochastic is pointed upwards, reflecting the high possibility of upward movement formation. [B]Support and resistance[/B] Support levels: 0.64087, 0.63952, 0.63734, 0.63477. Resistance levels: 0.64300, 0.64697, 0.65000, 0.65300. [B]Trading recommendations[/B] Short positions can be opened below the level of 0.63734 with the target at around 0.63477 and stop-loss at 0.63819. Long positions can be opened above the level of 0.64320 with the target at around 0.64697 and stop-loss at 0.64194. [/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…