AW Aussie Dollar Analysis - Resumption of Downtrend Incoming...
In this video I reintroduce Aussie dollar analysis in preparation for what is a resumption of the long-term downtrend.
This is another example of how all FIAT currencies are losing value against the US Dollar.
It doesn't mean that the US Dollar isn't losing value, it just means that relative to other FIAT currencies, it is the strongest during this period.
The extra data that is now available on TradingView for this pair has made it easier for me to illustrate my current interpretation.
As I haven't covered the Aussie dollar for quite some time, I also cover the long-term view in this video.
As mentioned in the video, I will link the US Dollar video so you can see how the view is in-line with that view.
Remember to use Disciplined Money Management Principles to ensure longevity as a trader.
If you don't know the long term pattern shouldn't you be doing your research instead of just following the crowd?
Just remember: I am not a financial adviser; I suggest using this only as a guide. Always do your own research.
This is another example of how all FIAT currencies are losing value against the US Dollar.
It doesn't mean that the US Dollar isn't losing value, it just means that relative to other FIAT currencies, it is the strongest during this period.
The extra data that is now available on TradingView for this pair has made it easier for me to illustrate my current interpretation.
As I haven't covered the Aussie dollar for quite some time, I also cover the long-term view in this video.
As mentioned in the video, I will link the US Dollar video so you can see how the view is in-line with that view.
Remember to use Disciplined Money Management Principles to ensure longevity as a trader.
If you don't know the long term pattern shouldn't you be doing your research instead of just following the crowd?
Just remember: I am not a financial adviser; I suggest using this only as a guide. Always do your own research.
