AussieCapital

AussieCapital

I’m seeing an ascending channel setup for AUD/NZD, and I think the upcoming RBNZ rate statement could be a good catalyst for a bounce. Check it out! This pair previously broke past a strong range resistance visible on the longer-term charts, signaling that bulls are gaining traction. I’m seeing an ascending channel on the 4-hour time frame and it looks like price...

AussieCapital

Even though EUR/CAD broke below that short-term ascending trend line I was watching, it seems to be forming a bullish continuation pattern right now. Because of that, I decided to make a couple of adjustments. If you’re wondering what I’m talking about, make sure you read my initial idea first. (6 days ago). I may have been bit impatient in hopping in at market...

AussieCapital

EUR/CAD broke past the long-term range resistance around the 1.4200-1.4250 area on rising U.S. oil stockpiles and a downbeat ECB statement. The commodity currency could still get bogged down by risk aversion and expectations of weaker energy demand. After all, the looming Fed interest rate hike could keep a lid on spending and investment activity around the...

AussieCapital

Good-day traders, I am shorting AUDUSD at .7630. This trade is a bit more risky as it has been attempting to break .7600 and is floating around the middle bb. My TP is set a .7450 and SL at .7730 There is important news coming out from USA so PLEASE remember to use proper risk management. I can show you guys money management if you wish. All the best traders...

AussieCapital Updated 

Good afternoon traders, today I am buying EUR/JPY. I think this is a good opportunity however it has only got a score of 70%. due to this I am risking 2% of account but am using 2 orders 1% each. This is so at the end of the daily candle if it is in profit I will close the first order and move the second order to break even. Best of luck everyone.

AussieCapital Updated 

Selling USD/CAD 1.30772 Stop loss 1.3300 Take Profit 1.2800 Beware of the news US Unemployment Claims Today 22.09.2016 Beware of the news CAD Core CPI m/m and Core Retail Sales m/m Friday 23.09.2016 I am risking 2.5% of account 70% change this will make TP. Enjoy

AussieCapital Updated 

Don"t risk more than 1%, This is also connected with important news USD CPI so becarefull. I am in this trade. Long 0.7308 SL 0.7220 TP 0.7475

AussieCapital Updated 

I am short EURNZD, This will take a while to develop and I am in 2% on this trade. Next Thursday is New Zealand interest rate decision so have plenty of time for this to develop.

AussieCapital Updated 

Nice risk to reward on this. Don't risk more than 1%. 70% chance it will reach TP level. Important news however so watch-out. We have USD Core CPI. I however am in this setup. Best of luck to everyone.

AussieCapital Updated 

Monthly: The September candle is printing a bullish colored Doji candle. The monthly chart also still shows a Bull Flag forming and, if it evolves, the target would be the 120 region. This has been calculated as follows: the height of the Flag pole of the Bull Flag is about 20 units (100 – 80 = 20). Extrapolating up 20 from the top of the Bull Flag, as per Bull...

AussieCapital Updated 

The small caps index is considered a US market ‘bellwether’ and does have a bit of a potential bearish H&S brewing but any new close and hold back above $1,220 would void this. The weekly candle closed as a bearish colored Doji and ‘Inside’ candle with both patterns reflecting indecision.

AussieCapital Updated 

The monthly trend line remains intact for now but a break of this support level would suggest to me of a more severe pull back. Bearish divergence on the monthly chart had warned of recent weakness and like the Elliott Wave indicator, had been looking for a test of the 1,600 region but this might not evolve. Any new monthly close back above the 2,000 level would...

AussieCapital Updated 

Weekly candle closed as a bullish candle but still within the weekly Cloud. A bearish Tenkan/Kijun cross remains open but I would want to see a sustained bearish move below the Cloud to support bearish sentiment. Note how the weekly Cloud remains aligned along the key 2,000 level.

AussieCapital Updated 

a clear cross of the blue Tenkan-sen line below the red Kijun-sen line. There has been a new bullish Tenkan/Kijun cross, although a ‘weak’ signal, but price is also above the Cloud and the key 2,000 level

AussieCapital Updated 

Still has a bit of a Bull Flag look to it. I have adjusted the trend lines here though as the previous breakout did not evolve with supporting ADX momentum on the daily or weekly charts.

AussieCapital Updated 

The index has closed above the psychological 2,000 level but is still trading between the daily and monthly support trend lines. This is giving a symmetrical triangle appearance to the daily chart but a bit of a Bull Flag look to the weekly. I also note that Friday’s candle closed back above the 200 EMA.