Technical analysis prediction for the 1st of October 2018
Instrument; Aud usd
Indicators; Ema200,50, Macd 12,26,9, Rsi 14, S/R
speculative position ; short position
price prediction ; 0.7150
weekly chart
Daily chart
Aud usd mkt trend is strongly bearish bias, technical view on the weekly chart indicates strong downtrend in the recent months and the long term outlook is expected to remain bearish bias, Ema signal is downtrend, Rsi (29.87), Macd signal is downtrend while on the daily chart view, mkt trend is strongly bearish bias as well and in coming month i expect the currency pair to continue downtrend probably towards 0.7150 level, Ema signal is downtrend, Rsi (37.41), Macd signal is downtrend and prediction for the 1st of October 2018 is 0.7150
Instrument; Aud usd
Indicators; Ema200,50, Macd 12,26,9, Rsi 14, S/R
speculative position ; short position
price prediction ; 0.7150
weekly chart

Daily chart

Aud usd mkt trend is strongly bearish bias, technical view on the weekly chart indicates strong downtrend in the recent months and the long term outlook is expected to remain bearish bias, Ema signal is downtrend, Rsi (29.87), Macd signal is downtrend while on the daily chart view, mkt trend is strongly bearish bias as well and in coming month i expect the currency pair to continue downtrend probably towards 0.7150 level, Ema signal is downtrend, Rsi (37.41), Macd signal is downtrend and prediction for the 1st of October 2018 is 0.7150