Euro seems to be very strong today. Breaking many critical resistance.

Spider's Den

.73 being tested and resisted several times today. Very clearly that there are sellers at this level.

AUD/USD

Hi How can I get this indicator to work? I have downloaded into \experts\indicators, restarted MT4, but couldn't find this indicator in the menu. Thanks for helping.

Spider's Den

Very obvious that there are fighting at .73 levels. Is support turning into resistance? .73 levels could be the levels where bears will sell.

AUD/USD

I agree. Key point is that support might turn resistance. Friday is normally profit taking.

XAU/USD & XAG/USD - Gold & Silver Traders Thread

Not surprising. Aussie is obviously weak both technically and fundamentally. This pair made new high today, wouldn't be surprised that it is going to move up higher next week.

EUR/AUD

The Aussie made new lows today. Its not hard to know that this pair will hit lower.

AUD/USD

Make or break. Testing critical level at .7370 again. Once broken, not much support below. We might see further levels below.

AUD/USD

This pair this making new highs everyday, it has the mojo to move higher due to AUD fundamental weakness.

GBP/AUD

This pair testing the low again, due to the strength of the USD, this pair should break easily.

AUD/USD

If yearly low broken at 0.7375, then 0.73 will come easily.

AUD/USD

Unlikely, taking into consideration the weakness of AUD. Further, this pair is making new highs consistently.

EURUSD

AUD Employment and Chinese data better than expected but yet AUD keeps falling. This simply shows how weak the currency is at the moment. Expect downward continuation.

AUD/USD

Agreed. In all time frame, it is screaming shorts. Many critical supports have been broken and will act as resistance levels. Employment data in a few hrs time may fuel another leg down.

AUD/USD

7840 clearly broken, next support at 7740. If it breaks, we see 7680 or lower levels. The probability of a rate cut is getting higher, the politicians must now decide whether to please the people or the foreign investors. Who will they choose?

AUD/USD

This should be bad for AUD.

AUD/USD

Here we go. Silver leading the way first.

Only Gold!

Don't worry, most likely profit taking. Just look at metals, they are falling, Aussie will follow soon. image

AUD/USD

image image Weekly chart shows price resisted by a channel. Day chart shows horizontal line of many resistance. Price might be bearish till finding support at 1183. Moving averages supported the view. Therefore, I am of the bearish view. Just my ...

Only Gold!

For those who are interested, inverted head and shoulder in H4 timeframe, however, not taking the indication to go against RBA, we are in a currency war among nations / race to the bottom, they wanted a weaker AUD.

AUD/USD