AUDUSD - Intraday - We look to Buy at 0.6765 (stop at 0.6715) Although the bulls are in control, the stalling positive momentum indicates a turnaround is possible. The current move lower is expected to continue. Previous support located at 0.6762. Preferred trade is to buy on dips. Although the anticipated move higher is corrective, it does offer ample...
Closed out previous trade in profit ahead of NFP. Here is my plan to get back in Trade safely!
AUDUSD Intraday - We look to Sell at 0.6880 (stop at 0.6925) Buying pressure from 0.6764 resulted in prices rejecting the dip. The current move higher is expected to stall at trend line resistance. The bias is still for lower levels and we look for any gains to be limited. Preferred trade is to sell into rallies. Our profit targets will be 0.6750 and...
As fears that a recession is just around the corner for the US, some economists are warning that Australia could follow suit. Some, however, remain bullish on the Australian economy due to high household savings, strong commodity exports, accommodative government stimulus and a robust pipeline of residential building constructions. Emerging from...
On my view, its time to short Aussie again. Bear flag is firmed, pullback complete, false breakout and bearish weekly candlestick will send it to bottom again.
As the UK goes into a 4 day weekend with the Jubilee bank holiday the pound is looking very desperate especially on the GBP/AUD. It is currently holding onto support arround the 1.7450 region and looking at previous downside breakouts at this level in the past we have seen a 200 pip sharp movement which could be very worrying for the pair. On the higher...
we can see a consolidation of after a nice fast impulse is expected to break this consolidation may be on Monday if not today.
Trade Idea: Short term bullish channel Reasoning: Looking for a continuation in the short term Entry Level: 0.7095 Take Profit Level: 0.7170 Stop Loss: 0.7063 Risk/Reward: 2.43:1 Disclaimer – Signal Centre. Please be reminded – you alone are responsible for your trading – both gains and losses. There is a very high degree of risk involved in...
Expect AUDUSD price to reach 0.72662 by the end of this week.
I am using POW EDGE strategy on this trading idea. I have an AUDUSD trade open on the M30 chart. Trade details are on the chart. I am aiming for TP3 on the printed label. Trade has progressed well but has hit some resistance that I have also highlighted on the chart. If resistance is broken I can see my TP target which is in green being reached. My...
Using POW reversal strategy on this trading idea. Working AUDNZD on the 30M Strategy is set to work my chosen session times hence red shading showing when I don't trade. Chart shows a label which details all trade rules for the current live trade. That trade is another short trade like the previous trade which can be seen on chart. Blue lines show TP...
• Aussie is declining along with most currencies against the dollar • Technically, the pair broke two major support levels • First level was the round number 0.70 and second one was 0.6960 • Bears now target 0.680 figure • Downtrend is clear, highlighted by the descending channel in the chart above
my bias is AUDUSD all go short because of its potential drop to the down side. on a technical stand point, it has formed a downtrend with LH & LL's. what do you guys think?
Aussie is back to channel after fake breakout above .7550. Median line is supported it after bearish move. pullback to .7550 will be good time to short Aussie again.
Hi ! I've closed all positions, I only have AUDUSD @0.7520 Short position. The price action shows a slow down in the new high highs and new lower highs. I'm entering before confirmation ( disclaimer : this is not a trading advice ) I have same SL and TP as my chart. If you like or share any opinion on AUDUSD. Comment and like ! Thanks for reading Carlos
Hi, The weekend is near, since I felt like thing's will retrieve a bit a US seem' to be gaining field I decided to hedge my theory by on the Aussie pair. So I just started a short of AUDUSD at 0.7515 the equivalent of my weight on my USDCAD short at 1.2575 ( reduced at 1.25275 ). This is not a trading advice, is just a gut feeling that I am recording for my...
Wait for a pull back to 0.74022 for a long entry.
We can see AUDUSD breakout after a few days bullish, it is possible the price retesting and be a reversal. This is my AUDUSD trading plan. Are you also short intraday in this pair?