RECOMMENDATION:BUY SUMMARY: The secondary trend of AUD/USD is bullish on charts and price is trading below the trend line in its daily chart. In daily chart the price is sustaining below 200 day SMA and taking support of 50 day SMA indicating uptrend of the pair. It is having an important resistance at the level of 0.7240 and support at the level of 0.6825. If...
Great spot to be in guys... SUMMARY: The secondary trend of AUD/USD is bullish on charts and price is trading below the trend line in its hourly chart. In hourly chart the price is sustaining above 50 day SMA and taking support of 200 day SMA indicating uptrend of the pair. It is having an important resistance at the level of 0.7152 and support at the level of...
RECOMMENDATION: SELL SUMMARY: The primary trend of AUD/USD is bearish on charts and price is trading below the trend line in its 4 hourly chart. In 4 hourly chart the price is sustaining below 200 day SMA and taking resistance of 50 day SMA indicating downtrend of the pair. It is had an important resistance at the level of 0.7150 and support at the level of...
Head & Shoulders formation on support
So I know there are a lot of people jumping on the bandwagon for AUDUSD Shorts but as you can see that Aussie broke below the daily/4 hourly triangle and is retesting. This is also confluent with important fib levels. As you can also see there is RSI Divergence on the 4 hour chart. This is used additional confluence. I would have stops above 0.7250 and targets...
Hello Traders! 2-nd variant! Dear Trader Johnm600, you we're right! Aussie is in the 3-d wave! Local target - 0.60000 Wait next variant >>>
EWA/EWP & VOLUME analysis! FLAT &SHORT!
Hello Traders! 6A (AUDUSD) - The downtrend is confirmed! As we mentioned earlier, If the price break throw 0.68899 - downward tendency will continue! (EWA/EWP) Main target 0.65956. Sincerely yours, Powerful Traders!
AUDUSD has broken the channel, with the bets on a FED rake hike giving boost to the dollar and commodities affecting the Aussie I am looking to go short after a pullback in the lower time frames. Supporting: MACD bearish Divergence on the daily chart Broken the daily channel
Suspecting another move to the downside for this pair. Many confluences here: -Lower swing high with tweezer top characteristics. -61.8% fib pull-back. -Counter trend line break. -Current daily candle engulfing 4 previous days of price action
AUDUSD is at a significant zone as the Daily candles have just wicked on to the Monthly support line. Now a trendline does not always hold or fall on a first touch. But in support of a swift reversal, we have a possible harmonic pattern completion - a 'Bullish Deep Crab,' right around the price-contact-point of the monthly trendline support. So this presents a...
While keeping the chart info to a minimum, the 7600 support was held since March but has now been broken. Range Targets also tie in with previous key levels from 2006 and 2009! 71400 bound I think for this pair for ow.
Yellow levels are daily support and resistance. Red levels are h4 support and resistance. There are two possible trades here, if PA suggests when the price trades up to the red level that there are loads of sellers I would short. Otherwise if the red level breaks (which I think it might) that level is essentially useless to me as it was previously...
Chart says it all Tweezer double bottom forming on AUDUSD.