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Audusdforecast

AUDUSD forecast and signal The price chart of the Australian dollar vs the US dollar continues its downtrend and moves to reach the weekly and daily resistance zone. Below the minimum price of the latest two-hour candles is the right price to enter a sell trade. Good luck.. --------------------------------------------------------- Please write any advice or suggestions. Dear friends, request any cryptocurrency pair, currencies pair for forex, and any index that you want to be analyzed and ask any questions. Thanks for your attention
Short
by Arash-RK
Will the AUD turn on Tuesday’s rate hike? The Reserve Bank of Australia (RBA) will release its interest rate decision on Tuesday September 6. Forecasts are for another half-percent increase in the cash rate. If forecasts hold up, Tuesday’s rate hike will be the fourth consecutive 50-basis-points increase from the RBA, lifting the cash rate to 2.35% from the current 1.85%. Still, even with another rate hike under RBA’s belt, not many investors are pegging the AUD to start outperforming the USD to any great degree or for any sustained period. To analyse the current trend for the AUD/USD, we can use the Trend Meter Indicator. This indicator can help confirm whether the direction of a pair might turn. The Trend Meter Indicator aggregates the data from several other indicators to measure the current strength of the movement, such as the MACD, RSI signal line cross, and MA cross. If the Trend Meter Indicator shows green dots consecutively, the trend is seemingly bullish and will likely continue so long as it stays on the green side. However, if a red dot appears after a long streak of green dots, the trend might be thought to reverse. With the use of the trend meter indicator, we can see that the indicator has already given a bearish signal at the end of August on the daily timeframe by providing a red dot indication. Since then, there has been no sign of green dots, which means that the trend on the downside is still intact, even with support being created at 0.67800. Traders who want to trade the pullback to the upside might want to wait for the green dot signal using this indicator. Otherwise, it may be wiser to looking for a bullish Australian dollar with other AUD pairs.
by BlackBull_Markets
1
AUDUSD - CURRENT SITUATION AND FUNDA & TECHNICAL BIAS#AUDUSD - According to the analysis we gave the previous day, the AUDUSD DOWN SIDE WAVE has been down about 125++ PIPS. We hope you get it anyway. It still went DOWN SIDE as we gave it yesterday. - Currently the MARKET SENTIMENT for AUD is on the DOWN SIDE. But because the RISK is off for AUDUSD, there is currently a DOWNSIDE BIAS for it. The main reason for that is that the STOCKS and COMMODITIES MARKETS are now slightly DOWN due to MARKET RISK DOWN. It is heavily influenced by the Australian dollar. - Definitely AUDUSD can go up to the high RESISTANCE LEVEL. The reason for that is because there is a good DOWN SIDE BIAS in the MARKET for USD. Accordingly, AUDUSD can go up to the 0.6850 level. And after that, AUDUSD can SELL to the 0.6670 LEVEL if the MARKET SENTIMENT changes and STOCKS and COMMODITIES start going UP. Anyway, after that, AUDUSD can be BUY at 0.6997 LEVEL. So keep an eye on it.
by benny_marshall
AUDUSD: Gains will be capped!AUDUSD Intraday - We look to Sell at 0.6875 (stop at 0.6915) We are trading at oversold extremes. A higher correction is expected. With the Ichimoku cloud resistance above we expect gains to be limited. Preferred trade is to sell into rallies. Our profit targets will be 0.6760 and 0.6540 Resistance: 0.6910 / 0.7055 / 0.7170 Support: 0.6680 / 0.6540 / 0.6465 Please be advised that the information presented on TradingView is provided to Vantage (‘Vantage Global Limited’, ‘we’) by a third-party provider (‘Signal Centre’). Please be reminded that you are solely responsible for the trading decisions on your account. There is a very high degree of risk involved in trading. Any information and/or content is intended entirely for research, educational and informational purposes only and does not constitute investment or consultation advice or investment strategy. The information is not tailored to the investment needs of any specific person and therefore does not involve a consideration of any of the investment objectives, financial situation or needs of any viewer that may receive it. Kindly also note that past performance is not a reliable indicator of future results. Actual results may differ materially from those anticipated in forward-looking or past performance statements. We assume no liability as to the accuracy or completeness of any of the information and/or content provided herein and the Company cannot be held responsible for any omission, mistake nor for any loss or damage including without limitation to any loss of profit which may arise from reliance on any information supplied by Signal Centre.
Short
by VantageMarkets
AudUsd to break under supportAfter the low made in mid-July, AudUsd has started to rise and managed to pass above 0.7 important figure. However, bears quickly took control and the pair fell under 0.7 again, a new attempt from last week is also quickly reversed leaving a strong bearish engulfing candle formation at the end of last week. Also, in August PA is an H&S and now AudUsd is trading in its neck-line support. I believe this support will also fall and the pair will dive to 0.67 next important one. Sell rallies is my strategy for this pair with negation above last week's high
Short
by Mihai_Iacob
12