forex day trading tips, aud usd

AUD USD Forex day trading tips

Let’s cover all you need to know to start trading the AUD USD currency pair right now.

Because every second matters, get the currency live charts and forex day trading tips so that you can monitor your trade openings, closing goals and open up yourself for several forex trading currencies to maximize your profits. Forex analysis is used by retail forex day traders to determine buy or sell decisions on currency pairs. It can be technical in nature, using resources such as charting tools. It can also be fundamental in nature, using economic indicators or news-based events. For the signals of today, we are using indicators like RSI and CMO.

forex day trading tips, aud usd

AUD USD Forex trading tips and charts

Monthly shows this pair with three targets. The first target is at 0.68893 – 90 pips below the current position, the second target is at 0.66169 – 365 pips below the current position and 0.63419 – 627 pips below the current position. The rsi and cmo are just below the sell zone. Once the rsi and cmo are in the sell zone a sell trade should be placed on this time frame.

Weekly shows this pair has three targets. The first target is at 0.69101 – 61 pips below the current target; the second position is at 0.66223 – 352 pips below the current position; the third target is at 0.63509 – 631 pips below the current position. The rsi and cmo are in the middle and appear to be headed to the buy zone.

Daily shows this pair with three targets at 0.69345 – 43 pips below the current target; 0.68964 – 83 pips below the current position; 0.67487 – 228 pips below the current target. The rsi and cmo are just below the sell zone and should move this pair down to the first target.

AUD USD in the news

AUD USD now using 6885/95 as strong support to top exactly at the next target of 6950/60 according to FX Street.

Aussie dollar traders started to buy hand over fist on Monday as the Chinese government stoke the fires of the bullish run in Chinese equities.

FX Empire writes that Australian Dollar Rallies to Kickoff Week
Australian dollar traders started to buy hand over fist during the trading session on Monday as the Chinese government stoke the fires of the bullish run in Chinese equities, in this video by FX Empire.

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Are you looking for some a bunch of rock-solid trading strategies that actually work? If you want to learn some really effective Forex strategies, you should check out this article. Like every week, I’m super excited to share my fresh forex day trading tips with you, and I hope that everyone can maximize their profits based on my accurate forex trading signals.

Was it helpful that I shared my signals with you here in the Forex and Profits community? What do you think will happen next with the AUD USD and EUR JPY currency pairs? I’d love to know what you thought of this article. Feel free to like, share and comment in our Forex and Profits Club on Facebook.

Enjoy the week, and see you next time!

Disclaimer:

Before participating in Foreign Currency Trading (Forex Market) you must consider carefully the risks of the market, which has big rewards potential, yet is also extremely risky. Consider all the risks carefully before investing in the Forex Market. Remember that all the information and signals, prices and trade recommendations provided here on Forex and Profits is only a general information and market commentary, thus, does not incorporate investment advice.

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