Forex VPS
Link https://www.cryptoder.com/en
Forex VPS
ForexFunction Logo

"Forex trading involves a high level of risk"

Forex VPS
 Market Comments |  Technical Indicator Signals |  Cross Pair Rates |  Live Spread |  Live Charts |  Daily Pivot Points

AUD/USD Chartpack - Technicals & Trade Set-up : FxWirePro | December 18, 2017



Print PDF

Never get bull trapped in AUD/USD 0.39% , shooting star and hanging man beam-up with more southward potential – Snap rallies to deploy short hedge:



Shooting stars have occurred at 0.7828 and 0.7678 levels on monthly and daily plotting respectively. Hanging man on 0.7670 levels on the daily chart . Consequently, the prices have begun plummeting.



For now, the current prices remain well below DMAs despite today’s rallies.



A cautious near-term bottom formed at 0.7636 levels where we could see strong support at this juncture (refer recent lows on last Thursday), with upside potential for 0.7678 (stiff resistance) if risk sentiment remains elevated or the US dollar -0.10% slips further.



Please observe at the same juncture, the price behavior has shown a demand zone in the recent history.



On a broader perspective, the bulls managed to break-out channel & range resistance in the months ago, but shooting star has popped up again at 0.7828 levels to counter this move (refer monthly chart). Consequently, the major downtrend has resumed that’s gone back in the same range again by evidencing slumps.



Near-term momentum has still been in bears’ favor and trend indicator still signals downswings to prolong further, same has been the case in the major trend that is converging downwards to signal more slumps on cards in the months to come, both RSI and stochastic curves on monthly plotting indicate selling interests.



Well, overall one could bet on potential dips contemplating snapping deceptive rallies, thus, we reckon that it is wise snap rallies to bid tunnel spreads options strategy to speculate this pair for leveraged yields using upper strikes at 0.7670 and 0.7650 levels, the strategy is likely to fetch leveraged yields as long as underlying spot FX keeps dipping below upper strikes before the binary expiry duration.



Alternatively, at spot reference: 0.7659, contemplating lingering bearish indications, on hedging grounds we recommend shorting near-month month futures as the underlying spot FX likely to target southwards in near run.



Writers in a futures contract are expected to maintain margins in order to open and maintain a short futures position.



Currency Strength Index: FxWirePro's hourly AUD spot index is flashing at 82 levels (which is bullish ), while hourly USD spot index was at 37 ( bullish ) while articulating at 05:25 GMT             .



Submit Your Comments:

 Forex Trading VPS


FOREX FUNCTION MEMBERSHIP

FX PREMIUM SIGNAL & AUTOCOPY
Email & Twitter SMS Alert | Secured & Errorless Auto Copy | Support All Broker & Account Types | Premium eBooks, Analysis & Strategy | Custom Risk Management

Plan NameBuy LinkEmail AlertTwitter
SMS Alert
Signal Auto
Copier EA
Free VPS
(1-3 Months)
Monthly Target
(Minimum)
Price
(Montly)
Price
(Quarterly)
Price
(Semi-Annually )
Price
(Annually)
Setup
AUTO COPY Subscribe NowYes Yes Yes Yes*
(Min 3 Month Subscription)
500+ Pips $25 23$ 20$$15Via Live Support
SIGNAL ALERT Subscribe NowYes Yes No No 500+ Pips $14 12$ 9$$7No Need
CashBack View DetailsYes Yes Yes Yes 500+ PipsFree Free FreeFreeVia Support

FF FOREX VPS
Windows 2008/2012 | Server Location Amsterdam, France, Canada | Low Latency From Brokers| Super Fast Trading Experience | All types of EA supported | 3 Days Money Back Guarantee

Plan NameBuy Link CPU RAM Disk BandWidth Price (Montly)Price (Quarterly)Price (Semi-Annually )Price (Annually) InstallationBackUpSetup Fee
Economy buy now2 Core 756MB 15GB 1TB $6.50/M$6.20/M$5.90/M $5.50/M MT4 Pre-InstalledYesFree
Standard buy now 2 Core 1GB 25GB 1.5TB $8.50/M$8.20/M$7.90/M $7.50/M MT4 Pre-InstalledYesFree
Premiumbuy now 2 Core 2GB 40GB 2TB $16/M$15.50/M$15/M$14.50/M MT4 Pre-InstalledYesFree
Advanced buy now4 Core 3GB 60GB 2.5TB $26/M$25/M$24/M $22/M MT4 Pre-InstalledYesFree
Professionalbuy now 4 Core 4GB 80GB 3TB $33/M $32/M$31/M$29/MMT4 Pre-InstalledYesFree
Business buy now 4 Core 6GB 100GB 4TB$46/M $45/M$44/M$42/MMT4 Pre-InstalledYesFree
Platinum buy now 4 Core 8GB 120GB 6TB $59/M $58/M$57/M$55/M MT4 Pre-InstalledYesFree
Diamond buy now 4 Core 12GB 180GB 8TB $89/M $87/M$85/M$81/MMT4 Pre-InstalledYesFree

***We accept Neteller, Skrill, MasterCard, Paypal, Payza, Perfect Money, Webmoney !