AUD/USD ( DAILY ) 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 0.7242 and support at the...
Draw your charts. Paint them, the message will come to you. Daily Charts - AUDUSD, indicate a further drop to occur to the 161.8 Fib Zone at 0.6150 levels in coming weeks.. A move above 0.74 zone, would indicate a slight change of trend, but staying Neutral at that point would be healthy. Current situation is developing great for the SHORTS.
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!
Confide for PRICE BREAKOUT. Buy above : 0.68815 Sell below : 0.68540
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
Aussie dollar trend also continuing during this week. Probably we could see a retracement to 0,7240-7275 levels and then a reprise of the trend to the highs of the last week on 0,7380 level
LOOKING AT THIS SET UP, ITS EASY TO ASSUME THAT PRICE REVERSED AT THE PREVIOUS RESISTANCE LEVEL, BUT I'M A BIT SKEPTICAL TO ACCEPT THIS OUTLOOK AND GET FULLY INVESTED IN A SHORT, THERE ARE SOME SIGNALS THAT POINTS TOWARDS A MOVE LONG BEFORE A SHORT. I WILL TAKE A SHORT HERE ON A SLIGHT PULL BACK UP TO RESISTANCE, BUT AS I SAID, NOT FULLY INVESTED. THIS WILL BE A...
As mentioned earlier $AUDUSD hit T/P at 0.7220 levels and retraced back in the short term. 3 trades opened in last this month all 3 hitting T/P for a cumulative pips accumulation for +115 pips. Stay tuned many more to come.