AUDUSD Weekly Outlook (Long) Long

Australian Dollar/U.S. DollarFXCM

Description

⋅ Dec 26, 2019 3:30 PM

AUDUSD Weekly Outlook

For the Last Two years
Audusd was bearish and this year 2020
I believe Audusd will have a positive prospect

The bearish channel was confirmed to be broken
price already retest and find a higher low

Hence it's our chance to buy audusd and hold
to 0.76 level at least

Trade closed: stop reached

⋅ Feb 21, 2020 8:27 AM

Stopped at 0.6660, DXY break up. all major currency fall

Comments

fahadson

⋅ Jan 12, 2020 7:58 AM

Sir, Suggest Stop Loss Also. Thanks

Gogigogo

⋅ Jan 8, 2020 1:57 PM

Do you still have the same opinion (long)?

Jai_mali

⋅ Jan 8, 2020 10:56 AM

Hi
Any UPDATE in AUDUSD

Reloaded45

⋅ Feb 21, 2020 9:43 AM

Believe / hope is not a good strategy

TheoMalungana

⋅ Dec 31, 2019 4:06 AM

Hi Jack,

Iv always wondered if long term trades are worth it. If we hold this trade for months will the swap not take most of the profits?

fahadson

⋅ Jan 23, 2020 8:33 PM

@TheoMalungana, how we maintain our stop loss especially trade duration depend on months

Fxshaami

⋅ Dec 26, 2019 9:08 PM

it will take months to reach there...

tntsunrise

⋅ Dec 27, 2019 5:11 AM

@Fxshaami, yes. long term trade.

TanveerAlam

⋅ Jan 30, 2020 5:57 PM

Long still valid?

Gogigogo

⋅ Jan 31, 2020 8:28 AM

@TanveerAlam, It seems yes, as far as my understanding, @tntsunrise considers the best place to open long position of AUD is around 0,6750 and SL is around 0,667. But I can't say that %100 sure.