Long on micro aussie against the weaker coming dxyin the coming news filled weeks we should start to the the dxy retreat with the previous job numbers we are setting up for a rally filled FOMC join me in the profit taking!!!!!!Longby takeatokebreak0
Linda Bradford Raschke long set upADX more than 30 and price above EMA20 indicate market is on trending phase also price action that you can see on 4H chart bullish engulfing above previous resistance 2RR use for this entry Longby tofinse0
Wyckoff accumulation schematicWyckoff accumulation schematic with volume analysis is show possibility that price will move to another zone last move up swing price moving up with high volume + gap up that show strong demand also by fundamental AUD is considered as commodity currency so I set RR at 4 that possible in this set Longby tofinse0
Swing Trade Journal - 6ASwing Trade Journal - 6A MFI: Good Algo: Good The information and trading activities shared within this online trading journal are solely for the purpose of personal record-keeping and forward testing. It is important to note that any trades, strategies, or insights presented here are not intended Shortby numericstraderUpdated 0
inverted H&S + COT report Inverted head and shoulders pattern break out and now retest neckline If you check COT report you can see commercial that considered as biggest player in this game is on long side Also gold price is up AUD is considered as commodity currency have positive correlationLongby tofinse1
The Bear Case for AUD/USD:Capitalizing on Aussie Dollar WeaknessExpressing Our View We expect the AUD to remain weak against the USD, supporting AUD/USD short positions. We believe that the RBA’s tightening cycle is over, supported by rising unemployment figures and moderating inflation. On the other hand, USD should continue to stand tall as Treasury yields cShortby phillip_nova0
Aussie Dollar: Headwinds AheadAUD is a commodity currency. Australia’s resources rich economy is heavily influenced by commodity trade, particularly with China. When China sneezes, the AUD catches cold. With the Reserve Bank of Australia (RBA)’s rate hiking cycle approaching an end plus China’s economic recovery remaining anaeShortby mintdotfinance118
AUD Futures 6AIndecision around 50% Ret: yields equality target either way. Long into single and double res. over hang. Or rollover short to retest swing low with general USD strength.Shortby globalfx110
AUD +++We can change the behavior of the Aussie has cleared liquidity and has retraced back into a potential buy zone. This is a counter trend trade but it's about time to see the Aussie gain a bit of strength based off current levels of bullish volume. Longby gottatradeit1