AUD/USD made a fake break of key buy level 0.7325 Take a look on the chart, price bounced from weekly level. Also, currency rate was near that level 14 months ago. Big players respect such levels. Because many retail traders hide theirs loses under it. Which become fuel for market makers when they hit it. Open buy near 0.7340 – 0.7360 S/L: 0.7310 Goal: 0.7629
i try a long on audusd for a legit pullback at the stock market for now still in risk on may i can hope a fibonnacci retracement i enter in 2 lot: 1 i will cut at 0.7500 and get 23 pips in gain the second i will put a sl at +15 pips for secure this trade
Hi traders, we are having very nice setup. AUDUSD is still Bullish. Don't miss this long. It has a huge potential. Currently short term trend on lower time frame is Bearish. Buy at bottom and hold. As per my analysis, price action shall further move up to the below targets. Entry: 0.75035 (or) Entry @ CMP Take Profit:...
AUDUSD Swing Trading Signals 1D Timeframe
There is a possible formation of a double bottom here, note that the expanding triangle of 5 waves has been broken out. The confirmation of the change of the trend is the retracement towards the previous support/trendline then back down. If the change of trendline is true, then the forming of the double bottoms is relevant and expected as the retracement. Id...
I am looking to see AUDUSD trade to 0.7454 as this week progresses. No entries being disclosed as of right now but may disclose them later. Currently taking the time refine my entries and figuring out how I want to enter and exit.
After a bearish run momentum turns bullish and I expect price to go up to the Monthly resistance level of 0.75150
Shorting AUDUSD either at CMP, or after a minor pullback to the trendline.
Hello Traders, In this 1 hour Elliott Wave Analysis we will have a look at AUDUSD. The pair ended cycle from 06/06/18 peak (0.7677) at the low of 06/21/18 (0.7344) in red wave A. The internal structure of red wave A unfolded as 5 waves Elliott Wave Impulse. Where black wave ((i)) ended at 06/08/18 low (0.75603). Up from there, it ended black wave ((ii))...
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