With US inflation pushing up bond yields, real rates, as well as what appears to be a more hawkish US Fed how should investors & traders play the USD/AUD
Our Macro Models point to real reate differentials being negative between the US & Australia yet the AUD has been resiliient
Negative real rate differentials coupled with Australia's accumulation of debt will...
hey guys,
The pair is forming a trend continuation pattern to the downside having strong potential southwards.Wait for confirmation on the smaller time frame for the perfect entry.Current we see that the bias is bearish & the pair is in a downtrend of the corrective structure.Another entry can be on the breakout if you are a breakout trader both strategies work...
Hey traders looks like we have cypher completing at an even number. That even number also is a great support Level. RSI is also close to under sold on day .
what this can be a good trade
1. Even number
2. 0.786 for cypher
3. great support Lvl on daily
4. RSI under sold
Short term buy opportunity on this pair
Downtrend is losing momentum:
- Breakout of downward trendline
- Positive divergence of the stochastics
Recommendation
Buy at current prices (Around 1.321)
Target Price: 1.335
Stop Loss: 1.317
Hold onto your sphincter, the AUD might rally here in the next couple days. Passing the 1.35 resistance point will be key to whether or not AUD will rally strong or channel between the 1.3 support levels.
Hi Traders,
What you see is what you get;
1. The USDAUD is in a DOWN TREND
2. The USDAUD comes into the horizontal RESISTANCE ZONE
3. The USDAUD can find some resistance against the orange TRENDLINE.
Let me know what you think about USDAUD
Sell here market aiming 0.748
Protect last high
After which we will find a long position.
T1 100% retrace of falling wedge 0.758
T2 last high 0.78
Protecting last low to be created.
USD/AUD is moving within an uptrend. This Pair has formed a 5 wave corrective Structure to the ascending Trendline. Now I'll wait for a completion of this 5 Wave Corrective Structure and enter my long Position after a breakout to the upside.
Trade safe, Daniel
Likes and comments are appreciated and would keep me motivated
Over that past month USDAUS has been quite volatile and with recent trends of the month shows that the current price is really high compared to past Trends so My Prediction is for short. @ 1.3180 once it reaches this figure I think you'll find an increase in price and market to recover slightly but not by a huge margin. Expect more Volatility in this Market so be...
AUD/USD is incredibly close to the long-term resistance and profit potential is becoming limited for bulls. I'm looking to short soon once I can see a clear breakout from the rising wedge. Also, my price target will be .745 to .748, for I believe this will retest the 200 day moving average.
Key Points
- Rising Wedge (Bearish)
- Double Top (Bearish)
-...
Repeating patterns all over the place.Easy 3- 4 to 1 trades on this pair. Very close to major trend lines from higher time frames now. No guessing , trade your patterns.
If I have multiple confluences, I'm in long or short. I have a short bias right now. Although the trend long term is bullish to me.
Patterns ,Fibonacci, Mandelbrot set...hand in hand
