AUDUSD Trade Outlook | How to Complete Multiple Timeframe Analysis | Forex Basics for Beginners

Hey y’all.

Happy Sunday to you.

In this analysis I am showing how I analyze a Forex chart using SmartTrader and SmartFibonacci, support, resistance and trendlines.

This multiple timeframe analysis is simple enough for a beginner and is the basics of Forex.

What are your thoughts on this pair? What’s your directional bias?

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Trading foreign exchange on margin carries a high level of risk, and may not be suitable for all investors. Past performance is not indicative of future results. The high degree of leverage can work against you as well as for you. Before deciding to invest in foreign exchange you should carefully consider your investment objectives, level of experience, and risk appetite. The possibility exists that you could sustain a loss of some or all of your initial investment and therefore you should not invest money that you cannot afford to lose. You should be aware of all the risks associated with foreign exchange trading, and seek advice from an independent financial advisor if you have any doubts.

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