The downside prevails as long as 0.6496 is resistance. Analyst giving in to the downside pressure on the AUD, I concur Monthly and Weekly Chart showing more and more dominance of downside prevailing as the days go bye. May see some upside into next week. Falling back into lows of Feb 2020...
AUD might be looking at a rebound towards 0.6599. Due for a correction north, no real news to support this theory should trend continue south. The downside breakout of 0.6497 would call for 0.6460 and 0.6439. Suggested pivot point and support stands at 0.6497?...
The RSI is below its neutrality...
WOW looking for a rebound north reaching key levels. Or will the market depression take over?
Key levels on the chart - consider taking trades from key support/resistance levels
Woolies falls under the Consumer Staples sector which is generally a defensive stock and therefore resistant to...
Can the AUD gain enough confidence for some upside to prevail today. The S&P Global Manufacturing, Composite, Services PMI Flash are in today for SEPT. They test positive and in the green but is it enough to get the AUD over the line. Analysis suggest take a long position at 0.6616 support...
Interesting thoughts on the Feds rate hike, producing a mixed bag. Straight up and down in quick sensation with sentiment pointing south. AUD sits leveled out on lows. With more expected today, Analyst suggest a rebound north off pivot point 0.6621 fighting for highs toward 0.6726. I find this...
The AUD in a jig saw pattern, contempt to go side by side in a healthy sized range. edging north, So one one would only permit it to go long today after going south yesterday. Rebound towards 0.6764. suggested to take from pivot point 0.6657. Alternative Scenario below 0.6657, look for...
Yesterday the AUD met support, 0.6681 to rebound long as suggested no quite meeting it's take profit target but a rebound none the less. Today Analyst are calling for another retracement south to as far as 0.6693. This is a difficult call if the AUD was to go long as expected. I would place my...
I'd be hoping for a positive week should market permit. Anything too far south from here would be to much for me to bear and unexpected...
LIONTOWN RESOURCES remains under pressure after losing a fundamental star and is confirmed Slightly Negative
The independent financial analyst...
Picking up the potential for a further sell to go short. The strength of the AUD pairs deviating sideways is shallow and wants to fall unless divergence north. That appears unlikely looking at the 1hr chart analysis suggest a collapse south in the near term stay with the inflation pressure...
PGO showing high potential to regain confidence and rebound back to 52wk highs of $1.00 sitting on 0.585. Taking on the regulators for respect. Interesting to see how share price acts after announcing discovery today. Expecting good things from PGO in the future...
Has the AUD compounded enough support to break near term resistance 0.6723 later in the day, if not this morning. Analyst have suggested for this to happen providing 0.6681 is support. Sticking with the theme of Inflation pressure, I'm a bit wary to go long and be keeping a close watch on a...
LTR an interesting stock to invest in to, has had a mixed 12 months, coming of 52 wk highs 2.19 to 52wk lows.0.875. I have always had high prosperity for LTR and didn't understand the recent 52wk low, just when they where coming into there own, and I would of thought that with there growth rate...
AUD collapsing yesterday on a spiral south, due to inflation pressure it would seem. Running on higher momentum, but low RSI, how long will it keep this up (crash). Looking for shorter target 0.6630'. Alternative scenario: Above 0.6726 resistance?
The RSI is below 50. The MACD is...
Following on from my last post, I've come with an assumption that with analyst suggesting a rise to 0.6798 after going short to 0.6702 acting as pivot point. And with the slow momentum at present, and pressure the AUD is under, giving the economic inflation rate USD, that 0.6798 would act as a...
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