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Is AUD/USD a good time to chase shorts now? Is the current trend reversing? Or callback?

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AUD/USD:
The AUD/USD general trend is still in a downtrend and is expected to hit a new low. However, the strong resistance below prevented the AUD/USD from breaking directly below the support level. But the current signs of AUD/USD gains can be considered a pullback.

In the H1 chart, AUD/USD has formed two impulsive waves, and the third impulsive wave may be formed this time. And AUD/USD formed support when it hit the Fibonacci retest of 0.382. As a result, the price cannot fall further. Can enter long.

Order suggestion:
The big trend can look for opportunities to go short, and short-term trading can choose to go long.

All transactions involve risks, the above analysis is for reference only. When placing an order, be sure to set the lot size and remember to set the stop loss.

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Daily Market Analysis

美元强势逆袭,金价“看跌吞没”,多头这下危险了!

周二(8月16日)亚市盘初,现货黄金在1780关口下方徘徊,目前交投于1777.35美元/盎司附近,隔夜美元指数大幅上涨,创下一周新高,对金价打压明显,金价一度跌至1770关口附近,日K线图在相对高位出现“看跌吞没”的顶部信号,投资者需要提防金价的进一步下跌风险。 数据表示:“黄金一直停留在1800美元附近,周一美元走强正推动黄金和整个大宗商品市场下跌。现在黄金交投很谨慎,美联储将继续加息……投资者确实预期利率即将提高。”

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Lepanto Financial Advisers Limited is the holding company of Ultimate Pinnacle Limited. (Address: Fifth Floor, Suite 23, 63/66 Hatton Garden, London, England, EC1N 8LE). All services and products accessible through the site www.upfxtrade.com are provided by Ultimate Pinnacle Limited with the registered address Suite 305, Griffith Corporate Center P.O Box 1510, Beachmont Kingstown St.Vincent & the Grenadines.
Ultimate Pinnacle Limited is a limited liability company established in Belize as an operating subsidiary within the Lepanto Group of companies (collectively “Ultimate Pinnacle”) under Registration No. 173474 and having its registered address at No. 1 Corner of Hutson Street and Marine Parade, Belize City, Belize.

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