View RSS Feed

TechnoMeter

Australian Dollar Forecast

Rate this Entry
by , 05-15-2022 at 04:54 PM (402 Views)
      
   
The Australian Dollar fell, extending losses this past week. Will a jobs report revive some strength for AUD/USD? Technical and sentiment analysis seems to hint otherwise.

Name:  audusd-d1-fx-choice-limited.png
Views: 274
Size:  20.4 KB

Daily price is located far below Ichimoku cloud in the bearish area of the chart. The price is on secondary ranging within 0.6828/0.6967 support/resistance levels waiting for the direction of the strong bearish trend to be resumed or the secondary bear market rally to be started.

more...

Submit "Australian Dollar Forecast" to Google Submit "Australian Dollar Forecast" to del.icio.us Submit "Australian Dollar Forecast" to Digg Submit "Australian Dollar Forecast" to reddit

Comments