AUDUSD Bullish Idea
Weekly Trend: Bearish
Daily Trend: Bullish
4Hour Trend: Bullish
Trade scenario 1: We are back to bullish on the 4hour. We are actually looking a bit overextended at the moment.
We can see price action is resting at our 0.71100 zone where we are waiting for reactions.
Ideally, price action swings back to find structure and rejects support...
Hey traders, in today's trading session we are monitoring AUDUSD for a selling opportunity around 0.69500 zone, once we will receive any bearish confirmation the trade will be executed.
Trade safe, Joe.
A well established bullish trend on the lower end time frames has formed giving a strong opportunity for an entry here. Both volume and the RSI's are lower indicating a good time to enter in line with the trend. We have entered long and will look to capture 50-80 pips from this 0.69300 level. Good luck
AUDUSD - Intraday - We look to Buy at 0.6950 (stop at 0.6905)
We are trading at overbought extremes. The current move lower is expected to continue. The bias is still for higher levels and we look for any dips to be limited. The trend of higher lows is located at 0.6911. We look to buy dips.
Our profit targets will be 0.7075 and 0.7170
Resistance: 0.7170...
Hey traders, in today's trading session we are monitoring AUDUSD for a selling opportunity around 0.697 zone, once we will receive any bearish confirmation the trade will be executed.
Trade safe, Joe.
AUDUSD - Intraday - We look to Sell at 0.7005 (stop at 0.7050)
Daily signals for sentiment are at overbought extremes. Although the bulls are in control, the stalling positive momentum indicates a turnaround is possible. This is negative for short term sentiment and we look to set shorts at good risk/reward levels for a further correction lower. Preferred trade...
On the H4, with price moving above the ichimoku cloud and breaking out of the descending trend channel and moving in an ascending support, we have a bullish bias that price will rise to the buy entry at 0.69885 at the overlap resistance in line with the 78.6% fibonacci retracement. Once there is upside confirmation of price breaking entry structure, we would...
Hey traders, in today's trading session we are monitoring AUDUSD for a selling opportunity around 0.697 zone, once we will receive any bearish confirmation the trade will be executed.
Trade safe, Joe.
The AUDUSD climbs from the support level of 0.67 following RBA Gov Lowe's comments about expecting further interest rate increases as the RBA tries to stem inflation growth.
Price reached 0.6950 on Friday as the DXY weakened due to contractionary PMI data, before retracing to test the round number support of 0.69
With the hawkish AUD and dollar weakness expected...
Hey traders, in today's trading session we are monitoring AUDUSD for a selling opportunity around 0.695 zone, once we will receive any bearish confirmation the trade will be executed.
Trade safe, Joe.
AUDUSD has just broken its current 4HR down trend. Buys are not confirmed as we need a re-test and to see bullish volume candle to confirm a proper breakout. With this being said the DXY looks set to correct and with the AUD being a very weak pair last week we could see a bounce back or correction to the bullish side for this pair. The risk/Reward of this trade is...
AUDUSD Bearish Idea
Weekly Trend: Bearish
Daily Trend: Bearish
4Hour Trend: Bearish
Trade scenario 1: We are clearly overall bearish on AUDUSD but price action has been bouncing between 0.68000 resistance & 0.67000 support for a while.
The most likely scenario is a bearish continuation. Look for strong reversals from 0.68000 to then target lower. We are...
Charts are dynamic, the architecture is constantly evolving
This means that one can only ever see one step ahead
I take these levels with tight stop losses at 100x, This science is 100% accurate and only user error leads to losing money, this is all taught by CottonCandy on Youtube, shoot me a message if you want to know more.
Hey traders, in today's trading session we are monitoring AUDUSD for a selling opportunity around 0.679 zone, once we will receive any bearish confirmation the trade will be executed.
Trade safe, Joe.
Hi Traders,
Happy Tuesday.
Today we are looking at AUD/USD
Before we get into it, can we all just acknowledge the fact that the Euro and the US Dollar is officially one-to-one. The last time this was seen was in 2002. Twenty years ago. It's quite something to see. We are living in interesting times. The DXY is still rocketing upwards. Other markets are...
