The Breakout Opportunities system has just sold AUDUSD at 0.71122. The system recommends entering this trade at any price between 0.71 and 0.71188. The signal was issued because the AUDUSD has broken its 24-hour low while our Speculative Sentiment Index was at 1.75634, suggesting that the AUDUSD may have further to fall. A stop loss has been set at the 24-hour...
We do not see anything on the horizon that can change the obvious downward direction of the audusd (By the way, it joins the analysis we did on the nzdusd that worked in Perfect)
Our target is 0.6832
BUY & SELL Above Given Chart or
You Can Also set Own Risk reward.
Let see what Will be Next Move.
Warning- I m Not a Financial Advisor this idea Only For Educational Purpose Only.
Thank You !!
The Tidal Shift Strategy has just sold AUDUSD at 0.70221. The system recommends entering this trade at any price between 0.70115 and 0.70327. The signal was issued because our Speculative Sentiment Index has hit its most extreme positive level for the past 145 trading hours at 3.71034, which suggests that the AUDUSD could be trending downwards.The 14-period...
AUDUSD is approaching our first support at 0.7008 (100% Fibonacci extension, horizontal swing low support) where we might be seeing a bounce to our first resistance at 0.7093 (50% Fibonacci retracement, horizontal pullback resistance). Stochastic is also approaching support.
Trading CFDs on margin carries high risk.
Losses can exceed the initial investment so...
Short term Elliott Wave view in AUDUSD is calling the move lower from April 17, 2019 high (0.7206) as an impulse Elliott Wave structure. In the chart below, we can see rally to 0.7199 ended wave 2 bounce in Minor degree. Wave 3 is in progress and subdivides as an impulse in lesser Minute degree. Down from 0.7199, wave ((i)) ended at 0.7126 and bounce to 0.7139...
Hi Traders,
The daily chart of AUDUSD allows us to put the decline from 2018 high at 0.81340 into an Elliott Wave perspective. As can be seen, the market is drawing a textbook five-wave impulse, labeled 1-2-3-4-5. Wave 1-4 is completed, and we are currently in wave 5. The sub-waves of wave 3 are clearly visible, as well.
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In addition, the market took the...
So I want AudUsd to continue short, however the support level at .68858 may prevent price going lower. Also i am considering Aussie strength from last weeks fundamentals, i suppose i have to check that soon for confirmation.
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