Our take on the Aussie dollar...

FX:AUDUSD   Dolar Australia/Dolar U.S
Dilihat 123 kali
123 1
Weekly gain/loss: + 58 pips
Weekly closing price: 0.7551

As we can all see from the weekly chart the commodity currency had another relatively respectable week, boasting a fourth consecutive weekly gain! On top of this, price conquered the weekly supply zone sitting at 0.7524-0.7450 (now acting support area ), and has potentially opened the trapdoor for the unit to test weekly supply penciled in at 0.7849-0.7752, which happens to merge with a weekly trendline resistance extended from the high 0.7835.

Despite weekly action closing beyond weekly supply, daily movement remains sandwiched between a daily supply zone seen at 0.7581-0.7551 and a daily support area marked at 0.7524-0.7494. In order for our desk to become buyers, a decisive close beyond the daily supply zone will need to take place, thus confirming the weekly close above weekly supply.

The H4 resistance at 0.7561 remained firm on Friday, in spite of the rather brutal H4 two-candle whipsaw seen through this barrier during the early hours of the day. As we hope is demonstrated on the H4 chart, even with a H4 close above this H4 resistance level and the daily supply base mentioned above, H4 buyers still have to compete with nearby resistance at 0.7606 (November’s opening level) and the 0.76 handle.

Our suggestions: In view of the H4 structure, our desk has come to a general consensus that not only is a daily close above the current daily supply needed to become buyers, but also a H4 close above November’s opening level. Until this happens, we have absolutely no interest in chasing longs in this market.

Owing to the recent weekly close above weekly supply, we would strongly advise against selling for the time being. Yes, a sell could still very well work out and the close above weekly supply may turn out to be a deep-seated fakeout. Yet, being the conservative traders that we are, this is a risk we’re not willing to take.

Data points to consider: There are no scheduled high-impacting news events on the docket today relating to these two markets.
Get real-time trading updates at our official Telegram group : https://t.me/ICMarketsroom
Thanks for your great analysis mate!
Here is my view on AUD/USD.
It is based mostly on Market profile (volume)
If you are interested there are more intraday and swing trading levels in my profile page. You are very welcome there!
MS Bahasa Melayu
EN English
EN English (UK)
EN English (IN)
DE Deutsch
FR Français
ES Español
IT Italiano
PL Polski
SV Svenska
TR Türkçe
RU Русский
PT Português
ID Bahasa Indonesia
TH ภาษาไทย
VI Tiếng Việt
JA 日本語
KO 한국어
ZH 简体中文
ZH 繁體中文
AR العربية
HE עברית
Laman Utama Penyaring Saham Penyaring Forex Penyaring Kripto Kalendar Ekonomi Bagaimana ia berfungsi Ciri-ciri Carta Peraturan Dalaman Moderator Laman web dan Penyelesaian Broker Widget Perpustakaan Carta Stok Permintaan Ciri Blog & Berita Soalan Lazim Bantuan & Wiki Twitter
Profil Tetapan Profil Akaun dan Pengebilan Tiket Sokongan Saya Hubungi Sokongan Idea-idea yang diterbitkan Pengikut Mengikut Mesej Peribadi Perbualan Daftar Keluar