DAILY SPOT AUDUSD
​All of our Q3 targets have been met and Wednesday’s failed AUDUSD sell-off and a close above .8000 the Fig for the 1st time in over 2 years left yesterday’s signals pointing cautiously higher. Contrary to these, initial gains of almost ¾ Big Fig attracted sellers for sentiment to close with a modest down-day and back below the psychological .8000. Although this is negative, the last 2-day price action highlights investor indecision so signals are not strong. There is a cautiously bearish bias though, so with this in mind the outlook for Friday is to sell on the open and then at .7994, just below yesterday’s opening trade with a stop loss at .8030. Targets are to .7938, Wednesday’s open, .7877, this week’s low and .7786, last week’s base.
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.