Open Account

TODAY AUDUSD SIGNAL : AUDUSD Price Analysis Skids on facing barricades around 0.6828-0.6850 demand area

AUDUSD UPDATE

TODAY AUDUSD SIGNAL : AUDUSD Price Analysis Skids on facing barricades around 0.6828-0.6850 demand area

  • The demand zone in a 0.6828-0.6850 range will be a major barricade for the aussie bulls.
  • Declining 20-EMA at 0.6850 adds to the downside filters.
  • An establishment of the RSI (14) in a 20.00-40.00 range indicates more downside ahead.

TODAY AUDUSD SIGNAL : The AUD/USD pair has given a downside break of the consolidation formed in a narrow range of 0.6808-0.6828 in the early Tokyo session. The asset displayed a rebound after hitting a low of 0.6764 on Friday. However, the pessimism on the broader timeframe is expected to guide the asset confidently.

On a four-hour scale, the aussie bulls have faced barricades around the potential demand zone that is placed in a narrow range of 0.6828-0.6850, which coincides with a fresh two-year-low.

The antipodean has failed to overstep the 10-period Exponential Moving Average (EMA) after attacking it at 0.6828 in the Tokyo session. Also, the 20-period EMA at 0.6850 is declining which adds to the downside filters.

TODAY AUDUSD SIGNAL : Meanwhile, the Relative Strength Index (RSI) (14) has shifted into the bearish range of 20.00-40.00 for the first time in the past two weeks. An establishment into the bearish range b the RSI (14) indicates further weakness in the counter.

Should the asset violates Monday’s low at 0.6793, the greenback bulls will drag the asset towards the 29 November 2019 low at 0.6754. A breach of the latter will fetch more offers for the asset and will further drag the major towards the 2 October 2019 low at 0.6670.

Alternatively, a break of Wednesday’s high at 0.6965 will strengthen the aussie bulls. This will drive the asset towards the psychological resistance at 0.7000, followed by June 13 high at 0.7035.

Confuse Which Broker is best ? , Here you can find the best regulated broker

Categories
Recent Posts

FIRST CAPITALS brand is authorized and regulated in various jurisdictions.
First Capitals Limited (www.First Capitals.com/eu) is regulated by the Cyprus Securities and Exchange Commission with CIF license number 187/15, licensed by the Financial Sector Conduct Authority (FSCA) of South Africa, with FSP No. 47710. The company is also registered with the Financial Conduct Authority of the UK with FRN 713478 and Register number 06331319
First Capitals (www.First Capitals.com/uk) is authorised and regulated by the Financial Conduct Authority of the UK with FRN 713478 and Register number 06331319
International Capital First Strategy (www.First Capitals.com/uk) is regulated by the Financial Services Commission of the Republic of Mauritius with an Investment Dealer License bearing license number C113012265.
Card transactions are processed via International Capital First Startegy Technical ACADEMY Ltd, Reg No. HE 335426 and registered address at Ioannis Stylianou, 6, Floor 2, Flat 202 2003, Nicosia, Cyprus, and via International Capital First Startegy Technical ACADEMY Ltd , Reg No. HE 400404 and registered address at Agiou Georgiou Makri, 64, Anna Maria Lena Court, Flat 201, 6037, Larnaca, Cyprus. Address for cardholder correspondence: backoffice@First Capitals.com.. Business location address: FIRST CAPITALS Tower,75 Westow hill , Crystal Palce,London, SE191TX .
International Capital First Startegy Technical ACADEMY Ltd is a member of Financial Commission, an international organization engaged in a resolution of disputes within the financial services industry in the Forex market.
Risk Warning: Trading Forex and Leveraged Financial Instruments involves significant risk and can result in the loss of your invested capital. You should not invest more than you can afford to lose and should ensure that you fully understand the risks involved. Trading leveraged products may not be suitable for all investors. Trading non-leveraged products such as stocks also involves risk as the value of a stock can fall as well as rise, which could mean getting back less than you originally put in. Past performance is no guarantee of future results. Before trading, please take into consideration your level of experience, investment objectives and seek independent financial advice if necessary. It is the responsibility of the Client to ascertain whether he/she is permitted to use the services of the FIRST CAPITALS brand based on the legal requirements in his/her country of residence. Please read FIRST CAPITALS’s full Risk Disclosure.
Regional restrictions: FIRST CAPITALS brand does not provide services to residents of the USA, Mauritius, Japan, Canada, Haiti, Suriname, the Democratic Republic of Korea, Puerto Rico, Brazil, the Occupied Area of Cyprus and Hong Kong. Find out more in the Regulations section of our FAQs

© 2011 – 2021 FIRST CAPITALS 

Facebook-f Twitter Linkedin Instagram Youtube Telegram-plane
  • MyFXTM - Client Dashboard
  • FXTMPartners Affiliate & IB program
  • FXTMPartners
  • Partnership widgets
  • Careers
  • Global Networks – Nigeria
  • Events
  • Client Services
  • Excellent Trading Terms
  • MyFXTM - Client Dashboard
  • FXTMPartners Affiliate & IB program
  • FXTMPartners
  • Partnership widgets
  • Careers
  • Global Networks – Nigeria
  • Events
  • Client Services
  • Excellent Trading Terms
  • MyFXTM - Client Dashboard
  • FXTMPartners Affiliate & IB program
  • FXTMPartners
  • Partnership widgets
  • Careers
  • Global Networks – Nigeria
  • Events
  • Client Services
  • Excellent Trading Terms
  • MyFXTM - Client Dashboard
  • FXTMPartners Affiliate & IB program
  • FXTMPartners
  • Partnership widgets
  • Careers
  • Global Networks – Nigeria
  • Events
  • Client Services
  • Excellent Trading Terms

FIRST CAPITALS brand is authorized and regulated in various jurisdictions.

First Capitals Limited (www.First Capitals.com/eu) is regulated by the Cyprus Securities and Exchange Commission with CIF license number 185/12, licensed by the Financial Sector Conduct Authority (FSCA) of South Africa, with FSP No. 46614. The company is also registered with the Financial Conduct Authority of the UK with number 600475.

First Capitals (www.First Capitals.com/uk) is authorised and regulated by the Financial Conduct Authority with license number 777911.

Exinity Limited (www.First Capitals.com/uk) is regulated by the Financial Services Commission of the Republic of Mauritius with an Investment Dealer License bearing license number C113012295.

Card transactions are processed via FT Global Services Ltd, Reg No. HE 335426 and registered address at Ioannis Stylianou, 6, Floor 2, Flat 202 2003, Nicosia, Cyprus, and via Exinity Services Ltd , Reg No. HE 400404 and registered address at Agiou Georgiou Makri, 64, Anna Maria Lena Court, Flat 201, 6037, Larnaca, Cyprus. Address for cardholder correspondence: backoffice@First Capitals.com.. Business location address: FIRST CAPITALS Tower, 35 Lamprou Konstantara, Kato Polemidia, 4156, Limassol, Cyprus.

Exinity Limited is a member of Financial Commission, an international organization engaged in a resolution of disputes within the financial services industry in the Forex market.

Risk Warning: Trading Forex and Leveraged Financial Instruments involves significant risk and can result in the loss of your invested capital. You should not invest more than you can afford to lose and should ensure that you fully understand the risks involved. Trading leveraged products may not be suitable for all investors. Trading non-leveraged products such as stocks also involves risk as the value of a stock can fall as well as rise, which could mean getting back less than you originally put in. Past performance is no guarantee of future results. Before trading, please take into consideration your level of experience, investment objectives and seek independent financial advice if necessary. It is the responsibility of the Client to ascertain whether he/she is permitted to use the services of the FIRST CAPITALS brand based on the legal requirements in his/her country of residence.  Please read FIRST CAPITALS’s full Risk Disclosure.

Regional restrictions: FIRST CAPITALS brand does not provide services to residents of the USA, Mauritius, Japan, Canada, Haiti, Suriname, the Democratic Republic of Korea, Puerto Rico, Brazil, the Occupied Area of Cyprus and Hong Kong. Find out more in the Regulations section of our FAQs.

© 2011 – 2021 FIRST CAPITALS