AUDUSD TRADE LEVELS FOR SHORT TERM JUST TRADE WITH PROPER MONEY MANAGEMENT THANKS
Although AUDUSD has had a strong move up during this week, looking at the Monthly chart continues to suggest a bearish move is about to continue. I'll be looking at the approaching lower-high levels for a short opportunity with 1:5 R:R. This is just an idea, trade your own plan.
depends on dxy confirmation too. bank holidays this week too psychological level
Hey traders, This is my analysis of AUDUSD before the markets open this week. AUDUSD is currently in a downward phase. Last week we had a minor retrace to the up side before bears were able to take control again and close with 3 consecutive bearish closes. Price is now at the open of the 1st bullish candle in the minor retrace. I see price breaking this level...
Hey Traders, Here is my current analysis on AUDUSD on the H1 charts. We currently have a bearish flag pattern which is in line with the overall trend. If price can break through this flag I see a further move possibly to .6700 area. Simple technical analysis and breakout strategy.
Hey traders, A continuation of my analysis of AUDUSD so far. Price retraced in the midst of the current down move last week, before reaching resistance currently. Bulls struggled to push price down and it seems like Bears are still in control for the medium term. If we can get a strong bearish close tomorrow, it only further confirms the downtrend. Simple...
The key here is that AUDUSD has printed 2 Lower Highs, current upside momentum can be considered as a discounting in price. A snap back below 0.6907 is a sell. Buying is not an option below the momentum High of 0.6929. T1: 6810 T2: 6670 SL: 6930
Hey traders, Hope everyone is having a great weekend so far. This week AUDUSD was able to make a strong move up in price. AUDUSD bounced strongly from the minor S/R labeled on my chart with news aiding the push up. Now price has reached an inflection point. The blue trendline. AUDUSD formed a bearish pinbar off the trendline, signalling that sellers are...
Hey traders, After scaling into 2 long AUDUSD positions which hit our targets of the blue trend line I now have a short bias . We now have price action at the same trend line in the form of a bearish pinbar. Looking at the Higher Time Frame we see that AUDUSD has been in a down trend for quite a long time. The MACD on the H4 is also about to have a...
A downward impulse will validate the set-up. Aggressive buy will invalidate the set-up
The RBA lists a number of risks that require lower interest rates. Market-based expectations suggest market participants have not fully priced the October cut. The pair may have reached the buy peak The Australian Central Bank at its September meeting strongly signaled that interest rate cuts could be expected next month (October 1) Minutes of the meeting...
If you look at the M charts you see this minor zone was already broken several days ago and I see this as a retest. Will it bounce off 50 or 61 lvl of fibo and rally to major monthly resistance ? or could this be a trend reverse ? Let's see. Also RSI indicating a drop. Would like to see what you think of this so feel free to leave a comment.
The pullback can before the breakout of the support zone too.
Aud Usd has never been this low (with the exception of the flash crash in December 2018) since 2009! We expect a long term buy on the weekly as you can see the weekly double bottom! We also expect a buy on the daily but the move up has still not been confirmed even though it is moving up right now.
Hey tradomaniacs, welcome to another free signal! Important: Remember guys tomorrow is NFP-Time! Make sure to close the position or at least get rid of your risk until then! ----------------------------- Type: Day-Swingtrade Sell-Stop: 0.69792 Stop-Loss: 0.69954 Target 1: 0.69485 Target 2: 0.69325 Taregt 3: 0.69207 ----------------------------- ...
Trading pure price action here...using H2 time frame # Price has broken the support # Then pinned from the under side (as resistance) # Sell signal printed (inverted hammer) # Also note the inside bar pattern and the hammer as the fakey... Selling at market price 0.69911 with my levels as follows: # SL above the 0.7000 pivot/resistance/pinned level # Tp lower...
On the chart you see AUDUSD are building a bearish Wolfe Wave pattern. This is already a correction wave und will goes down again. For the confirmation of Wolfe Wave pattern, please wait till the RSI will show a divergence and then use the favorable moment for short position.