empty
 
 
10.08.2017 10:49 AM
Technical Analysis and Trading Recommendations for the AUD/USD pair as of August 10, 2017

On the trading chart, a corrective movement can be observed as the pair once again converging with the value of 0.7870 that formed a stagnation. As of now, it can be seen the quotation falling into the trap of a cluster of Fibo levels fastening in a narrow range. The bulls are assumed to take advantage of this temporary support in order to return to the market which restores the movement and return to the levels of 0.7945 / 0.7990.

However, the traders should monitor short positions.

Key Levels

The resistance is 0.8000 (+/- 50p);

Support - 0.7870 (+/- 10p): 0.7700;

Signals

- It is recommended to buy the pair higher than the level of 0.8900, with the prospect of moving towards 0.7945 / 0.7990.

- It is recommended to sell the pair lower than the 0.7850 with the prospect of a moving towards 0.7780 / 0.7700.

This image is no longer relevant

Draw your attention: Predictions are not a direct guide to action!

I invite everyone to participate in the next webinars on technical analysis.

Summary
Urgency
Analytic
Vladislav Tukhmenev
Start trade
Gana con los cambios en el valor de las criptomonedas con InstaForex.
Descarga MetaTrader 4 y abre tu primera operación.
  • Grand Choice
    Contest by
    InstaForex
    InstaForex always strives to help you
    fulfill your biggest dreams.
    UNIRSE AL CONCURSO
  • Depósito al azar
    ¡Haga un depósito en su cuenta de $3,000 y obtenga $1000 más!
    ¡En Febrero, sorteamos $1000 dentro de la campaña Depósito afortunado!
    Obtenga la oportunidad de ganar depositando $3,000 en una cuenta de operaciones. Tras haber cumplido esta condición, se convertirá en un participante de la campaña.
    UNIRSE AL CONCURSO
  • Opere de forma inteligente, gane un dispositivo
    Recargue su cuenta con al menos $500, regístrese en el concurso y tenga la oportunidad de ganar dispositivos móviles.
    UNIRSE AL CONCURSO
  • 30% de bonificación
    Reciba un bono del 30% cada vez que recargue su cuenta
    OBTENER BONO

Recommended Stories

¿No puede hablar ahora mismo?
Ingrese su pregunta en el chat.
Widget callback