Price broke parallel channel and was rejected from resistance at 0.7989. If price can break short-term support at 0.7912 area a retest of 0.7830 is possible.
Sell below 0.7992. Stop loss at 0.8047. Take profit at 0.7875. Reason for the trading strategy (technically): Price has broken our ascending support-turned-resistance line triggering a bearish move from here. We look to sell below major resistance at 0.7992 (Fibonacci retracement, horizontal overlap resistance, pullback resistance) for a push down all the way to...
AUDUSD on the weekly time frame looks ready for a corrective wave down. It touched the resistance and it as the higher side of the trading range. This means chances are it will atleast test the low of the range again and possibly also the next support! So beautiful sell setup to hold into next week
AUDUSD is almost at the top of the range and is forming a short setup for the target of atleast the first trend line which is around 65 pips and if it goes further it would be around 120 pips. Keep a stop loss above the high of the previous bull candle.
AUD has run out of steam. Expect a move down below the 0.7522 Level.
Sell below 0.7996. Stop loss at 0.8047. Take profit at 0.7875. Reason for the trading strategy (technically): Price has broken our ascending support-turned-resistance line triggering a bearish move from here. We look to sell below major resistance at 0.7996 (Fibonacci retracement, horizontal overlap resistance, pullback resistance) for a push down all the way to...
This is an update for AUD/USD, The pair is currently hovering around the trend line shown in the chart. we're predicting for PRICE BREAKOUT. We hope our signals could be of best use for you, so SELL on 0.79587 and place your TARGET at 0.79187
AUDUSD SELL ENTRY LEVEL
Short setup using Bat pattern
Buy above 0.7969. Stop loss at 0.7911. Take profit at 0.8066. Reason for the trading strategy (technically): Price has made a recent bullish exit of our triangle formation. We remain bullish above major support at 0.7969 (Fibonacci retracement, horizontal overlap support) and we expect to see a bounce above this level for a rise at least to 0.8066 resistance...
Buy above 0.7969. Stop loss at 0.7911. Take profit at 0.8066. Reason for the trading strategy (technically): Price is now testing major support at 0.7969 (Fibonacci retracement, horizontal overlap support) and we expect to see a bounce above this level for a rise at least to 0.8066 resistance (Fibonacci extension, horizontal swing high resistance). RSI (34) is...
AUDUSD key trade for the week, whether it chooses to continue or get some pull back relief. Wait and see. AU www.tradingview.com
Buy above 0.7969. Stop loss at 0.7911. Take profit at 0.8066. Reason for the trading strategy (technically): Price is now testing major support at 0.7969 (Fibonacci retracement, horizontal overlap support) and we expect to see a bounce above this level for a rise at least to 0.8066 resistance (Fibonacci extension, horizontal swing high resistance). RSI (34) is...
AUD/USD hovers around 5-DMA at 0.7936, intraday bias lower. We have evidenced 'Bearish RSI divergence' on the 4-hourly charts which raises scope for downside. Upside finds major resistance at weekly 200-SMA at 0.8007, bullishness only on break above. Momentum indicators on daily charts are at overbought levels and are showing a turn lower. Further, the occurrence...
Sell below 0.7969. Stop loss at 0.8005. Take profit at 0.7841. Reason for the trading strategy (technically): Price is hovering below major resistance at 0.7969 (Fibonacci extension, horizontal swing high resistance) and we expect to see a drop from this level towards 0.7841 support (Fibonacci retracement, Fibonacci extension, horizontal pullback support). The...
Sell below 0.7871. Stop loss at 0.7937. Take profit at 0.7741. Reason for the trading strategy (technically): Price is hovering above key support at 0.7871 (Fibonacci retracement, horizontal swing low support) and we prepare to sell once price breaks this key level. Our profit target is a push down to next key support level at 0.7741 (Fibonacci retracement,...
AUDUSD has been moving in consolidation since last Tuesday. As a result of growth lasting since Friday we are again in the area of its upper limit, where today occurred bearish reaction. Another rejection of this resistance could open the way to declines. Looking at daily chart, we can see that potential falls could reach even level around 0.7760, which in the...