AUDUSD Market Analysis

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10-21-2016, 05:23 PM, (This post was last modified: 11-01-2016, 03:59 PM by ForexMart Supporter.)
#16
resim




The AUDUSD pair's negative trading extended to approach from the key support 0.7595, accompanied by stochastic entering the oversold areas to provide positive motive that we expect to protect the mentioned support, which keeps the chances valid to rebound bullishly and resume the main bullish trend again.

Therefore, we are waiting for positive trading today conditioned by the price stability above 0.7595 level, and the first main target is located at 0.7833.

Expected trading range for today is between 0.7550 support and 0.7750
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10-26-2016, 06:43 PM,
#17
The AUDUSD pair opened today's trading with strong positivity to start testing 0.7700 barrier, which supports the continuation of our bullish trend overview efficiently in the upcoming period, which mainly depends on the stability above 0.7595 and 0.7545 levels, waiting for more rise to visit 0.7833 that represents the first main target.

Therefore, the bullish bias will be suggested on the intraday and short term basis, supported by the EMA50, reminding you that breaching the targeted level will extend the pair's gains to reach 0.8115 as a next main station.

Expected trading range for today is between 0.7595 support and 0.7833
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10-27-2016, 08:51 PM,
#18
The AUDUSD pair fluctuates near 0.7595 level, accompanied by stochastic entering the oversold areas, to support the chances of bouncing bullishly and resume the main bullish trend, targeting 0.7833 areas as a first main station.

Holding above 0.7595 and 0.7550 levels is a key condition to continue the expected rise and guarantee not to return to the correctional bearish track again.

Expected trading range for today is between 0.7550 support and 0.7750
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11-01-2016, 03:58 PM,
#19
The AUDUSD pair opens today's trading with strong positivity to move away from the key support levels located between 0.7560 and 0.7595, which supports the continuation of our bullish overview efficiently in the upcoming period, paving the way to head towards our next main target at 0.7833.

Therefore, we are waiting for more rise in the upcoming sessions conditioned by the price stability above the above mentioned support levels, reminding you that breaching the targeted level will extend the pair's gains to reach 0.8115 as a next main station.

Expected trading range for today is between 0.7595 support and 0.7770
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11-18-2016, 03:58 PM,
#20
The AUDUSD pair broke 0.7448 level strongly and settled with a daily close below it, which supports the continuation of the bearish trend scenario efficiently in the upcoming period, and the way is open to head towards our main target at 0.7329.

Therefore, the bearish trend will remain suggested on the intraday and short term basis, noting that breaching 0.7448 level will stop the bearish bias and lead the price to test the most important resistance for the short term trading at 0.7595.

Expected trading range for today is between 0.7280 support and 0.7460



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AUDUSD Market Analysis
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