Bearish scenario: Shorts below 18100 with TP1: 17900... Anticipated bullish scenario: Intraday Longs above 18130 with TP...
AUD/USD: waiting for the bears at 0.78
2019-11-11 • Updated
AUD/USD has been in a recovery mode since October 6th and now it looks like that a offer zone could be tested in coming hours. Such area lies between the 0.7802 and 0.7824 levels and we can expect a pull back around it in order to shift the focus towards the -23.6% at 0.7698. To the upside, if the Aussie manages to break above 0.7824, then we might expect an advance towards October 4th highs at 0.7873.
RSI indicator remains in the positive territory.
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Hello again my friends, it’s time for another episode of “What to Trade,” this time, for the month of April. As usual, I present to you some of my most anticipated trade ideas for the month of April, according to my technical analysis style. I therefore encourage you to do your due diligence, as always, and manage your risks appropriately.
Bearish scenario: Sell below 1.0820 / 1.0841... Bullish scenario: Buy above 1.0827...
Bearish scenario: Sell below 2200 / 2194 ... Nearest bullish scenario: Buy above 2197... Bullish scenario after retracement: Consider buys around each indicated demand zone