AUD/USD | Australian Dollar to US Dollar Trading Analysis

AUD/USD, 30 min


AUD/USD, 30 min


Pivot: 0.7718


Analysis:

Provided that the currency pair is traded above 0.7705, follow the recommendations below:

  • Time frame: 30 min
  • Recommendation: long position
  • Entry point: 0.7718
  • Take Profit 1: 0.7745
  • Take Profit 2: 0.7760


Alternative scenario: 

In case of breakdown of the level 0.7705, follow the recommendations below:

  • Time frame: 30 min
  • Recommendation: short position
  • Entry point: 0.7705
  • Take Profit 1: 0.7680
  • Take Profit 2: 0.7655


Comment:

RSI shows the possibility of ascending momentum during the day.


Key levels:

Resistance -- Support

0.7780 -------- 0.7705

0.7760 -------- 0.7680

0.7745 -------- 0.7655




AUD/USD, D1


AUD/USD, D1


Pivot: 0.7675


Analysis:

While the price is below 0.7830, follow the recommendations below:

  • Time frame: D1
  • Recommendation: short position
  • Entry point: 0.7675
  • Take Profit 1: 0.7500
  • Take Profit 2: 0.7370


Alternative scenario:

If the level 0.7830 is broken-out, follow the recommendations below.

  • Time frame: D1
  • Recommendation: long position
  • Entry point: 0.7830
  • Take Profit 1: 0.8000
  • Take Profit 2: 0.8085


Comment:

RSI shows a bearish sentiment.


Key levels:

Resistance -- Support

0.8085 -------- 0.7500

0.8000 -------- 0.7370

0.7830 -------- 0.7210

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