Swing trade AUSUSD SL + Entry + TP are on the image. I am using those myself. 1:5 RR Please use calculated risk.
I think I was wrong in my last post. This is what I believe holds more truth. :D
HELLO TRADERS, OUR VIEW ON #AUDUSD MARKET STRUCTURE BREAK FROM .7200-.72500 CONSOLIDATION ZONE WE NOT WATCH FOR RETEST OF .72000 PRICE ZONE IF FAILS TO HOLD, WE ARE TAKING IT DOWN TO .69250 AT LEAST! Always ONLY Risk what you are ok to lose. #Forex THE TRADING REGIME. OANDA:AUDUSD
The Pound is getting weak shame...
Hi traders, Watch AUDUSD to hold the bottom and give us a buy setup on lower time frame from the previous bottom. If the price will aggressively break the bottom, setup becomes invalid.
Audusd analysis hope it will help you stay on the right side. Please share your ideas and views in comments .
AUDUSD 5th wave completion Share thoughts in comments below Like and follow for more content See previous analysis on related links Good Luck
Based on the chart outlook, We were able to count a complete double zig zag Elliot wave corrective structure on EURAUD, this suggests that an impulse wave will resume in the bullish direction so far the confirmation level is attained.
My sentiment is Bullish as long as it stays above the trendline. Catalyst: - POTUS and FLOTUS tested positive for COVID-19 - RBA - Fed chair Powell - FOMC
This pair had an attempted kumo breakout and bullish kumo twist before falling back down into the kumo. I am looking for a kumo breakout to confirm an entry for a chance to get long. If we can get that breakout and jump up past our previous resistance we saw last week then this will be one to hold for the week. I've drawn out some partial take profit levels...
Aussie will continue to fall this week. This is a bearish trend, target sell opportunites. Note: trade with risk managemnt
Interesting price action today - as the US Dollar ( DXY ) was rising marginally so was the Aussie Dollar - while the Euro , CAD, British Pound all moved lower. After a month long accumulation - The Aussie broke out rising more than a cent - on the last Friday of August, and continued to move after hours. Today's price appears to be a stop run, before the market...
Hi All, Looking at the Aussie dollar against the USD, we can see on the daily that we have downward pressure along with the bearish divergence playing out. I have 2 levels as a point of interest. The 0.5 fib retracement and 0.618 fib as one can see that this has confluence with the wedge breakout target, and along with the daily EMA levels. USD (DXY) is...
Multiple bearish confluences are presented on GBPAUD. First and foremost from a fundamental perspective, we observed an extremely bearish Pound over the course of Monday's trading sessions. Whether the pound's weakness will continue I am uncertain, but in the short term it appears the likely direction given the current state of the Brexit/Coronavirus...
AUDUSD has broken and retested the bullish trend-line, therefore looking south towards the infamous 0.7 support.
I expect Audusd to continue falling to the region labelled y on the chart. In other to complete the double zig zag corrective pattern, as shown on the chart. Goodluck to all sellers.
A look at the Major Indexes to form pairings for the week ahead. PAIRINGS: SELL PAIRS: NZDUSD, AUDUSD(C), GBPUSD(C), GBPJPY(C),AUDJPY(C),CADJPY(C), NZDJPY,CHFJPY BUY PAIRS: USDCAD (C), USDCHF(C)
AUDUSD Short: 0.73260 Target: 0.73062 S/L: 0.73376 Risking 3%