This Is An Educational + Analytic Content That Will Teach Why And How To Enter A Trade
Make Sure You Watch The Price Action Closely In Each Analysis As This Is A Very Important Part Of Our Method
Disclaimer : This Analysis Can Change At Anytime Without Notice And It Is Only For The Purpose Of Assisting Traders To Make Independent Investments Decisions.
#AUDUSD
- Currently AUDUSD is going down very fast. The reason for that is the VIX UP and the strength of the dollar. A MARKET FEAR about the economic recession is currently underway.
- Thus COMMODITIES are going down. It also affects AUSD very strongly. The Australian dollar was shown as the WEAK CURRENCY of CURRENCY STRENGTH.
- AUDUSD can move further...
- DXY is currently at 101.901 LEVEL. Also the AUD FEATURE stays at 0.7184 LEVEL. The AUDUSD PRICE is rising above the DYNAMIC S / R LEVELS. Therefore, most of the time the PRICE can be slightly higher than the DYNAMIC LEVELS. Then you can BREAK TREND LINES and DOWN.
- STOCKS are currently DOWN. And VIX is becoming DOWN. Also COMMODITIES OVERALL DOWN. Also...
⛔️ DXY is currently at 104.51 LEVEL. Also the AUD FEATURE stays at 0.6869 LEVEL. The AUDUSD PRICE is going down from DYNAMIC S / R LEVELS. Therefore, the PRICE can be slightly UP to DYNAMIC LEVELS. Then you can BREAK TREND LINES and continue up.
⛔️ STOCKS are currently DOWN. And VIX is becoming UP. Also COMMODITIES OVERALL DOWN. Also BONDS PRICES are...
- There is no important news for AUD today and the Australian dollar is following the market sentiment today. Also in US dollars today at the New York Session are the DATA Flash Manufacturing PMI and Flash Service PMI.
- DXY is currently at 100.97 LEVEL. Also the AUD FEATURE stays at 0.7314 LEVEL. The AUDUSD PRICE is going down from DYNAMIC S / R LEVELS. ...
