AUDUSD - signals switch to bearish - for just temporary losses
​This week's signals for the AUDUSD have continued to point higher, but with shorter-term daily sentiment overstretched at a monthly bear trend the call is only a very cautious one. Sellers have in fact returned to the market on Monday, as a loss of 0.5 Big Fig has ended a sequence of higher daily lows. This is short-term negative and further weakness in Asia this morning leaves Tuesday's outlook temporarily bearish, selling on the open and at .7644, Monday's low with a stop loss at .7688, this week's opening trade. Targets are to .7586, last Tue & Wed low trades, .7556, last week's base and .7535, the 2 week bottom.
3cAnalysis – live analysis that improves trading performance. Our analysis is highly respected by major Institutions throughout the UK and Europe. We set the standards for high end, live, independent technical analysis research across 3 asset classes and 3 time frames and with exceptional directional success over more than 9 years.
Unfortunately, this report is not available for the investor type or country you selected.
Browse all ResearchPool reportsReport is subscription only.
Thank you, your report is ready.
Thank you, your report is ready.