Beginner Forex book

Beginner Forex book will guide you through the world of trading.

The most important things to start trading
Enter your e-mail, and we will send you a free Beginner Forex book

Thank you!

We've emailed a special link to your e-mail.
Click the link to confirm your address and get Beginner Forex book for free.

FBS Mobile Personal Area

FREE - In Google Play

View
AUD/USD continues the downtrend

AUD/USD continues the downtrend

Information is not investment advice

AUD/USD formed a lower high within the overall long-term downtrend. The pair is currently supported by the 50% Fibo of the January recovery at 0.7020. This level is all that is left before the pair will slide to the lower levels of 0.6955 and 0.6860 in line with a “Head and Shoulders” pattern.

Positive dynamics will be once again possible if the pair returns above 0.7060, but even then the next resistance will be rather close, at 0.7085.

AUDUSD daily.png

Similar

Levels to trade USD/MXN

The volatility in USD/MXN has jumped. The pair is correcting up within the downtrend, which has been in place since September.

Popular

Levels to trade USD/MXN

The volatility in USD/MXN has jumped. The pair is correcting up within the downtrend, which has been in place since September.

Choose your payment system

Learn more