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AUDUSD TECHNICAL ANALYSIS

AUDUSD This week 7-11 May 2018
AUDUSD – Aussie/dollar consolidates after hitting key support The AUDUSD downtrend continued last week but price did slow its descent as it hit 0.7500 key support area and moved sideways into the week’s close. The trend is still intact and there’s plenty of bearish overhead pressure and resistance, so the path of least resistance is still downward. We will watch for strength this week, or an upside rally, to be a seller from resistance near 0.7650 to 0.7800 on a pr…
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A Simple Way to Scalp-Analysis

A Simple Way toScalp-Analysis Example : I chose GBP/AUD .Why ? Look at this contraction area :
Is not clear on 5 min, I will see on 10 min:
I still not convinced, I will try on 15 min:
Here is OK.
Maybe all of you have some questions:
1.How I chose GBP/AUD ?
2.Why GBP/AUD ?
Let’s see next graphic charts :
This hourly chart show us strong move on first 2 hours of the day( 0 and 1 GMT) and we ha…
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Mariia avatar
Mariia 17 Mar.

Good Luck in trade!!!Best hunting!

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