There are some strong region around 0.665 region.Strong Resistance level. Wait for lower risk entry and OANDA:AUDUSD short .
AUD/USD SHORT OPPORTUNITY (4 HOURS):
This is referring to initial AUDUSD plan (below) RBA was less dovish than what the "market" expected. Technically, i was hoping the price would go up, which it did, and tap into chunks of buy orders. I am still bearish the Aussie in spite of that RBA statement. Even if his words had much more weight than just a spike reaction (in truth, it was an opportunity...
Open Sell position on AUDUSD - 0,7141 SL - 0.7166 TP - 0.7055 RRR - 1:3.62 Good potential. Small risk. Let's catch some profit :)
After last weeks successful short on AUDUSD from 0.71 down to Novembers low (blue dashed line) we sat out whilst it bounced back to 0.71 resistance level and looking to RELOAD our short here again. The bounce has taken us to 60 area again on RSI- as per chart we have sold off at similar levels from here- looking for a retest of Nov low before seeing a break down...
AUDUSD sell at 0.7089 SL at 0.7180 TP at 0.6738 RRR is 1:3.83 Such order as NZDUSD
Spotted AUDUSD was bouncing on both end, engaged the trade will healthy Reward:Risk
On the 1hr chart AUDUSD a bearish bat has formed. I am expecting some retest before the move down. Looking for bearish evidence before shorting. Looks like a great trade for this week, keep your eyes open, cheers.
-Few pips targeted -Break and retest of 4h zone -Downtrend -50% Fib Level -Might hold, depending on turnout
Hello Traders, Price is forming trend reversal pattern, we also started to see divergence on macd. Watch for sell as much high as you can. Good Luck! Cheers, Jonas
This one in AUDUSD will make us wait for next few hours or longer and on upside pullback in our zone , we will short Audusd, then ride it all the way down to 0.7470's zone. Totally worth the wait if we get filled as per our plan. Happy Trading !
possible pullback from current resistance and price action towards trendline. target @ 0.7430 stoploss @ 0.7540
Please make sure you are trading on your on rational. Don't hesitate to ask questions. -Masih
Hi Guys, After consolidating for last few sessions, we got breakout in AUDUSD, wait till this hourly candle close and ensure it broke the broadening wedge lower trendline. After valid analysis initiate shorts in AUDUSD based on your risk reward with stops above previous swing high aiming for 0.7600's as Target 1 in Audusd. Note : Current Audusd ( hourly candle)...
Post RBA has left Aussie in a somewhat uncertain direction; whilst the 25bps cut last week should have seen us offered to at least the 0.74 low support level, instead weve seen persistent aussie bids, even despite the strong USD employment report and consequential increased rate hike odds. Much of this Aussie topside is a function of investors shifting macro...
The RBA was relatively neutral on the margin, keeping their inflation targets the same at 1.5-2.5. However, unfortunately for aussie shorts the RBA didnt offer any forward guidence on sentiment towards further easing, or specific reference to the aussie FX level - despite there being a strong bid bias brewing in the aud$ cross post-25bps cut. Also their forecasts...
Fed Evans was the third fed member this week to hint that at least one rate increase is on the cards, though more dovish in saying "one hike could be appropriate" vs saying "expect the fed to hike at least once this year" which we heard from Dudley/ Kaplan earlier in the week. Though in reality his speech was dovish on the margin and offered little help for the...
More of the same here - my USD view remains bullish against AUD, NZD, GBP from here and at these levels. Especially on the back of the RBA i still think we should see 0.745 in AUD$ today, 0.69 in kiwi on the 10th (RBNZ), and 1.28 for GBP on the 4th (BOE) Fed Kaplan Speech Comments: Kaplan: Expects Continued Oil Price Volatility Until Year-End Kaplan: 1Q, 2Q...