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.
Buyers’ Pressure is increasing
AUDUSD Price Analysis – 06 September
AUDUSD may fall to the $0.63, $0.62, and $0.61 support levels if sellers are successful in holding the $0.64 resistance level. When buyers get more momentum, the resistance level of $0.64 might be broken higher, and the price might then increase as a result of the upward momentum to levels of $0.65 and $0.66.
AUD/USD Market
Key levels:
Resistance levels: $0.64, $0.65, $0.66
Support levels: $0.63, $0.62, $0.61
AUDUSD Long-term Trend: Bearish
AUDUSD is on a bearish movement in daily chart. The currency pair is retesting the support level of $0.63 at the moment. On June 16, the currency pair attempted to cross the $0.68 resistance level. Two tests have been conducted on the aforementioned level. A second trade took place on July 13. The previously noted significant resistance level, which the price bounced off, is still in place. A powerful daily bearish candle that challenged the $0.63 level by crossing over the $0.66 support level created a double-top chart pattern.
AUDUSD currency pair is currently trading below the 9-period and 21-period exponential moving averages. The Relative Strength Index’s period 14 signal lines are pointing downward at levels of 38. AUDUSD may fall to the $0.63, $0.62, and $0.61 support levels if sellers are successful in holding the $0.64 resistance level. When buyers get more momentum, the resistance level of $0.64 might be broken higher, and the price might then increase as a result of the upward momentum to levels of $0.65 and $0.66.
AUDUSD medium-term Trend: Bullish
AUDUSD is bullish on the 4-hour chart. The downward trend forced the price to attempt the $0.64 barrier level on July 27. It pulled back while making an effort to keep the mentioned support. The following day, as a result of increased seller pressure, the price dropped to a low of $0.63. The double bottom chart pattern was created as a result of this situation. If further bullish candles form, the price will likely rise further, maybe reaching its high of $0.65.
A bullish market is currently being indicated by the price’s small overperformance of the 9-period and 21-period exponential moving averages. A buy signal is indicated by rising signal lines and the Relative Strength Index period 14 at 41 levels.
You can purchase Lucky Block here. Buy LBLOCK
- Broker
- Min Deposit
- Score
- Visit Broker
- Award-winning Cryptocurrency trading platform
- $100 minimum deposit,
- FCA & Cysec regulated
- 20% welcome bonus of upto $10,000
- Minimum deposit $100
- Verify your account before the bonus is credited
- Over 100 different financial products
- Invest from as little as $10
- Same-day withdrawal is possible
- Fund Moneta Markets account with a minimum of $250
- Opt in using the form to claim your 50% deposit bonus
