On Thursday, 29. , Market profile Australian Dollar can be September to трендовому day.
Strong appreciation of the US Dollar against most other currencies and dragged down the pair AUD/USD.
According to the results of the trade Zone fair prices are located in areas VAL – 0.7656 and VAH – 0.7697. Measuring point POC was formed in the area of 0.7664.
Forecast for today:
In the Wake of today’s European session, the Australian Dollar fell against the US Dollar.
The first destination for the customers in the area of POC from 29. September – 0.7664, lead to an increase in the in the district of new highs POC from 25. April – 0.7702 and the POC of 26. April – 0.7739.
In the case of descending correction, the area is in support of VAL 27. September – 0.7643 that will impact the to Test the level of POC today – 0.7626 and VAL – 0.7607.
You can see the complete image
Description of abbreviations:
Measuring point – POC (Point of Control) – orange, horizontal line in the diagram.
The lower level zones fair price – VAL – purple horizontal line in the graph is always under POC.
The top level of the Zone of fair price – VAH – purple horizontal line on the chart, always above POC.
Disclosure of risks. Any opinions Analytics, research, analysis or any other information in this report, services, as a market-oriented comments and not a call to action. The Analyst accepts no liability for profits, losses, or damages that may directly or indirectly from the use or dependence on this Information.
Contact with the author of the article: maksim.magdalinin @ analytics.instaforex.com
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With kind Regards,
Analyst: Maxim Магдалинин
GK InstaForex © 2007-2016
*The presented analysis of the market carries an informative character and is not a guide to deal.
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