My View and what I see on the Daily/Weekly chart on aussie See DXY to 78s vid below
this ETF bout 2 moon
In the AUDUSD currency pair, the possibility of forming a harmonic quasi-pattern is high, so we may have a short fall to around 0.77736. Note that the price has gone up from the Como cloud, so we should expect any upward scenario.
Hello all DuncanForex here with many trade ideas - see below. - with no mention of any websites etc With the USD gaining strength, you can sell anything XXX USD and buy USD XXX Many opportunities opened this morning for a great trading week Stay safe and safe trading Duncan
WAITING FOR FIRST ENTRY ENTRY: 0.76279 TP: 0.79343 SL: 0.75563
Trading suggestion: . There is still a possibility of temporary retracement to suggested resistance line (0.755). if so, traders can set orders based on Price Action and expect to reach short-term targets. Technical analysis: . AUDUSD is in a range bound and the beginning of downtrend is expected. .The price is above the 21-Day WEMA which acts as a dynamic...
$AUS200 is getting ready for a new swing higher possibly within few days to target 7400 upside channel resistance.
Potential set up for next week. We'll see how it plays out with respecting the trendline. Following the trend. looking to catch the impulse move
It's not a difficult time if you just know where to look. Look for important turning points in price. Whether it be a price it's visited multiple times or just once. Use them in your research when making accurate decisions on price direction.
Quick short set up on aussie weakness.
Hi All, Looking at the Aussie dollar against the USD, we can see on the daily that we have downward pressure along with the bearish divergence playing out. I have 2 levels as a point of interest. The 0.5 fib retracement and 0.618 fib as one can see that this has confluence with the wedge breakout target, and along with the daily EMA levels. USD (DXY) is...
RUT Short Position Update: 13:59:23 (UTC) Thu Jun 18, 2020
AU200 Evening Star (Bearish Reversal) 13:25:59 (UTC) Fri May 29, 2020
EURAUD is Bearish - We look to Sell at 1.6673 ▪️ Short term bias is mildly bearish. ▪️ Bespoke resistance is located at 1.6673. ▪️ We have a 78.6% Fibonacci pullback level of 1.6700 from 1.6763 to 1.6469. ▪️ Further downside is expected although we prefer to set shorts at our bespoke resistance levels at 1.6673, resulting in improved risk/reward. ▪️ Expect...
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AUD/USD daily- Reflecting down off its 20 simple MA Also, must reflect down below its 38.2% fib retracement level at 60.92
Hi All, The Australian dollar has reached its previous all time low in recent years against the USD. On the 8 hrly, there is a bullish divergence (being a double bottom) being formed which will likely give a nice bounce to about the 0.66 mark. The candle sticks also look positive at this level. I haven't looked at any other currencies but my guess would be that...