Retest .7555, fail to close above and a short position would be very possible at this point. Strong bearish MACD divergence.
Market price has been on a steady uptrend since the 5th of 2017 but momentum stoped its upward move on the 17th of this month. Momentum has been creating lower highs and higher lows since then. Momentum came back up to test the .001 level and is looking to break the lower trend line. On a break of the lower tend line a short position will be available with the 200...
Hello fellow traders, I was thinking about Aud/Usd and came with new idea. I posted previously, falling wedge and if that will not work out it most likely this is the scenario. Price levels will differ from what do I post, but this is an idea what to look for... Sincerely, Trader.
I have my eye on the formation of what appears to be a cup and handle.The AUD has been one of the strongest currencies against the USD over the past several months and today it is finally breaking up above the psychologically key 0.7500 level. If this holds it will be a very bullish sign. Above 0.7600, this pair starts to reach its price levels of 3 and 6 months...
Take care & analyzed it again - it`s always your decision ... (for a bigger picture zoom the chart) This is only a trading capability - no recommendation !!! Buying/Selling or even only watching is always your own responsibility ... more detailed stats (all 21 Major Cross-Rates) of 2nd week 2017 @ my GOOGLE Drive drive.google.com Best regards :) Aaron
One of the best opportunities in these slow market times :) Buy this shit as soon as possible with great RR(RISK REWARD) ratio :) ALL my levels are in the chart,use them carrefully.USD is overpriced,and i think there is no chance for USA to hike rates 3 or 4 times as announced in 2017.Bullshit :) there will be max 1 rate hike,then USD will crash again.TRUMP is not...
S/L - 0.76150, T/P - 0.72000
i already called out a bearish cypher on E/U and now A/U is setting up the same! i have a long in taking this from the C to D leg in hopes of a completion of this cypher pattern. look for possible shorts at the completion.
This is only a trading capability - no recommendation !!! Next week i`ll confirm or change my opinion about this SetUp :) Buying/Selling or even only watching is always your own responsibility ... Best regards Aaron
AUD is the weakest against the USD but I am expecting the AUD to rise from here. My SL is 60 pips and my initial target is 180 pips though if we get to 0.7310 I will watch more closely to see if there is a reversal.
After a downtrend from Dec 12th and hitting a support at 0.7170 the period of consolidation has started. Watch for a test of 38.20% Fib level.
This is only a trading capability - no recommendation !!! Next week i`ll confirm or change my opinion about this SetUp :) Buying/Selling or even only watching is always your own responsibility ... Best regards Aaron
i would like to show multi scenerios on aud usd daily chart.
The battle between the multi year downtrend and the one-year uptrend has been won decisively by the LT downtrend. Recent weekly closes below 0.7625 level add clarity, however price structure and momentum triggers had already provided a host of evidence that confirmed an impulsive negative weekly outlook. Initial targets lie 0.7300 all the best with this pair in...