Today, the indicator "Kenji" on the daily AUDUSD chart generated a sell signal.
Let's give some explanations on this signal.
This is the ordinary signal to open the trade with a basic volume .
According to the indicator, the price of AUDUSD is currently in the active downtrend phase (the area between the fast and slow average is colored red). At the same...
AUD/USD weekly overview
Take a look on the chart, Price bounced before 14 — months Low.
For AUD/USD it is key level 0.7329.
For us, the best place to open a deal is after fake broke of 0.7329. Only after it, we will have a predictable low risk.
For those who like risk deals you can open long near 0.7340 – 0.7350, S/L set under 0.7325.
I think currency rate...
Audusd - Daily Chart - Weekly closure below key res levels tells me there's more selling pressure left for this pair.. I am selling this pair down to 0.7200 where i might load up on buys..
A quick potential long position could happen before we expect a retracement back to the downside. Some build up of order at around the the 0.7400 area. Or even wait for price to move up and catch the movement for the downturn.
Technical Analysis
Having recently broken the trend line in April resulted in a Lower High as the price failed to retrace back above the trend line which was once support has become resistance. This week we made a Lower Low in AUD/USD suggesting the Bears have gained momentum. These confluence of these factors suggests that AUD/USD bearhish momentum is rallying....
AUD/USD just completed head and shoulders and a very sharp decline; Looking for price to pull back. Very low risk to reward ratio.
TP1: .74968
TP2: .76097
TP3: .76740
Hi guys,
After one month vacation in China, Hong Kong, and Canada, I finally returned back to Australia.
Let's see this currency pair how bad it was.
By using simple trend line analysis on the left chart, you see the recent structure retested back to a black valid trend line that drawn from 2016-01. The red star gave you some ideas that AUDUSD could not able to...
AUD/USD Free signal
Price just came to Key Sell Level. If you take a look on chart, price bounced many times from that level, also that level is a resistance of Downward channel on Daily.
Sell near: 0,76500
S/L: 0.7690
T/P: 0.7490
2T/P: 0.7395
These zones are calculated using Fibonacci Ratios of past price moves.
Where prices overlap, drag the Right (price) Axis up to magnify and reduce overlap vertically.
There are zones above and below the current window, Drag the Chart up/down to see other zones.
Drag bottom axis to the left to magnify the candle size to view close up.
I will update as new...
Hello everyone.
Today i'm going to show you my idea about Aussie. Formed in 2h timeframe a double top pattern in 0.61 fib zone. That's a sell signal in my opinion , first profit zone might be around 0.76 zone then if it shouldn't resist might reach 0.755 zone where an ascending trendline might act as a support. Take care of your capital and remember risk...
Hi traders ... For Long Term Traders its a Golden Oppurtunity to ride.. Breakout on Neckline then Retest via proper rejection indicated bear gonna take control on this pair ..
Hi guys, thank you for the support! I will have this analysis out each weekend as well as daily updates throughout the week, if you guys like what I'm doing hit the "follow" button and you will get a notification each time I post a video or chart!
Have a great day everyone!
AUDUSD looks super bearish.. my second trade with AUDUSD short for SWING..USD super strong... Let's make some pips..
Please hit "LIKE" to support and follow for more ideas..
Vinny
Good evening Traders,
I was waiting for a long time for a bottom in the AUDUSD.
Now finally the AUDUSD made a very nice inverse head and shoulders pattern and even confirmed it.
It broke the neckline to the upside. I want to buy it later on in a pullback in a lower timeframe, maybe this week. Lets see. Hopefully, we get a good entry in a lower timeframe.
I...
