View RSS Feed

TheNews

Australian Dollar Outlook

Rate this Entry
by , 04-10-2022 at 01:38 AM (490 Views)
      
   
The Australian Dollar has strong fundamentals, but external influences are dominating for now. Will the strong economy be realised in the AUD/USD price?

Name:  audusd-d1-acy-securities-pty.png
Views: 147
Size:  20.8 KB

Daily price is located in the primary bullish area of the chart above Ichimoku cloud: the price is on the secondary correction started 2-3 days ago by breaking 0.7455 support level to below for the correction to be continuing with 0.7253 target for the daily bearish reversal to be started.

Name:  audusd-w1-acy-securities-pty.png
Views: 20
Size:  27.3 KB

Weekly price is located inside Ichimoku cloud by trying to break bullsh triangle pattern with 0.7539 resistance level to above for the primary bullish reversal to be started.

more...

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

Comments