Service for copy trading. Our Algo automatically opens and closes trades.
The L2T Algo provides highly profitable signals with minimal risk.
24/7 cryptocurrency trading. While you sleep, we trade.
10 minute setup with substantial advantages. The manual is provided with the purchase.
79% Success rate. Our outcomes will excite you.
Up to 70 trades per month. There are more than 5 pairs available.
Monthly subscriptions begin at £58.
Bears’ momentum increases
AUDUSD Price Analysis – 19 July
If buyers are able to hold the $0.66 support level, the AUDUSD may move above the $0.67, $0.68, and $0.69 resistance levels. The price may drop much further if sellers gain momentum, possibly reaching levels of $0.65 and $0.64 or even lower if the $0.66 support level is breached.
AUD/USD Market
Key levels:
Resistance levels: $0.67, $0.68, $0.69
Support levels: $0.66, $0.65, $0.64
AUDUSD Long-term Trend: Bearish
On the daily chart, AUDUSD is moving downward. Investor fervor caused the price to soar to a high of $0.68 on June 15. The following day, an evening star candle pattern could be seen at the same level, signaling that the bulls’ power had run out. A strong daily bearish candle gave sellers control of the AUDUSD market. The $0.66 level was tested after the $0.67 support level was breached. Following a price adjustment the previous week, Sellers remain in charge of the market.
When the currency pair trades above the 9-period and 21-period exponential moving averages, a bullish trend is clearly visible. If buyers are able to hold the $0.66 support level, the AUDUSD may move above the $0.67, $0.68, and $0.69 resistance levels. The price may drop much further if sellers gain momentum, possibly reaching levels of $0.65 and $0.64 or even lower if the $0.66 support level is breached.
AUDUSD medium-term Trend: Bearish
AUDUSD is bearish on the 4-hour chart. The price started to decline and move past the $0.67 support level last week. The price fell below its previous low of $0.67 and probed the $0.66 level while being supported by sellers at the target level. At the aforementioned level, the bulls were fighting against the negative trend. Currently, price is pulling back.
As a sign of a bearish market, AUDUSD is currently trading below the 9-period and 21-period exponential moving averages. A buy signal is being given by the relative strength index period 14 going upward at 46 levels which may be a pullback.
You can purchase Lucky Block here. Buy LBLOCK
- Broker
- Min Deposit
- Score
- Visit Broker
- 20% welcome bonus of upto $10,000
- Minimum deposit $100
- Verify your account before the bonus is credited
- Award-winning Cryptocurrency trading platform
- 14 Cryptoassets available to invest in
- FCA & Cysec regulated
Highly volatile unregulated investment products. No EU investor protection.
- Over 100 different financial products
- Invest from as little as $10
- Same-day withdrawal is possible
- Award-winning Cryptocurrency trading platform
- $100 minimum deposit,
- FCA & Cysec regulated
- Fund Moneta Markets account with a minimum of $250
- Opt in using the form to claim your 50% deposit bonus
