AUD/USD: bulls gave up

AUD/USD: bulls gave up


SELL 0.7715 SL 0.7770 TP1 0.7615 TP2 0.7570 TP2 0.7525

SELL 0.7650 SL 0.7705 TP1 0.7550 TP2 0.7525

On the daily chart of AUD/USD, the inability of bulls to keep the pair inside the long-term uptrend channel with the following decline of the pair below the important support area of 0.7745-0.776 showed that buyers gave up. A break of support at 0.7635-0.774 will lead to the further decline to 161.8% target of AB=CD.


On H1, after AUD/USD reached 88.6% of the “Shark” pattern, the odds of s pullback to 38.2%, 50%, and 61.8% increased.





USD/TRY has moved sharply down this week falling to the support line since the end of November.

Trade ideas for gold

The downside correction is long due in XAU/USD. Gold is stuck ahead of resistance at 1298.50.

Latest news

GBP/USD: confirmed "Thorn" pattern

The last "Pennant" pattern has been broken, so bulls found resistance at 1.2915. Nevertheless, the market is likely going to move on, so we should...


Deposit with your local payment systems


A manager will call you shortly.

Change number

Your request is accepted.

A manager will call you shortly.

Internal error. Please try again later

Beginner Forex book

The most important things to start trading
Enter your e-mail, and we will send you a free Beginner Forex book

Thank you!

We've emailed a special link to your e-mail.
Click the link to confirm your address and get Beginner Forex book for free.

You are using an older version of your browser.

Update it to the latest version or try another one for a safer, more comfortable and productive trading experience.

Safari Chrome Firefox Opera