Australian Dollar Futures trade ideas

TradingIsNotGambling Updated 

Australian dollar has alot of upward momentum. We are targeting 0.7290 as a target. I dont usally do short trades, but i am testing my cycle system to see if it can do shorter timeframe trades. Will be intresting to watch.

FxGhani

aud is at very strong daily suopprt level for long term buy setup

Genesiv

Type: Bearish Drop Resistance: 0.69610 Pivot: 0.68560 Support : 0.67920 Preferred Case: On the H4, with the price moving below the ichimoku cloud, we have a bearish bias that the price may drop from the pivot at 0.68560, which is in line with the swing low and 61.8% fibonacci retracement to the 1st support at 0.67920, where the 78.6% fibonacci retracement , 78.6%...

UnknownUnicorn3382580

A flat pattern, bearish continuation. Need a confirmation to sell. Trade safe!

UnknownUnicorn3382580

There is a chance that we will get a flat structure, and new lows on H4. Too early, but I post it in order not to forget about the idea. Trade safe

Genesiv

Title: AUSTRALIAN DOLLAR FUTURES (6A1!), H4 Potential for Bullish Rise Type : Bullish Rise Resistance : 0.69555 Pivot: 0.68620 Support : 0.68100 Preferred Case: On the H4, with prices moving above the ichimoku indicator and breaking out of the descending channel , we have a bullish bias that price will rise from the pivot at 0.69295 where the overlap support is....

Genesiv

Type : Bullish Rise Resistance : 0.69555 Pivot: 0.68620 Support : 0.68100 Preferred Case: On the H4, with prices moving above the ichimoku indicator and breaking out of the descending channel, we have a bullish bias that price will rise from the pivot at 0.68620 where the overlap support is to the 1st resistance in line with swing high resistance and 127.2%...

UnknownUnicorn3382580

Looks like we are in the middle of a larger corrective structure. And current impulse up is just the wave C, completing an internal b-wave. Trade safe!

Genesiv

Type : Bearish Momentum Resistance : 0.67660 Pivot: 0.67175 Support : 0.66485 Preferred Case: On the H4, with RSI moving along the descending trendline and price moving along the descending trendline, we have a bearish bias that price will drop to the pivot at 0.67175 where the 127.2% fibonacci extension, 100% fibonacci projection and swing low support are. Once...

Genesiv

Type : Bearish Momentum Resistance : 0.68560 Pivot: 0.67685 Support : 0.66595 Preferred Case: On the H1, with price moving below the ichimoku cloud and along the descending trendline , we have a bearish bias that price will drop to the pivot at 0.67685 in line with the swing low support and 78.6% fibonacci projection. Once we have downside confirmation that price...

Genesiv

Title: AUSTRALIAN DOLLAR FUTURES (6A1!), H4 Potential for Bullish Momentum Type : Bullish Rise Resistance : 0.70605 Pivot: 0.68735 Support : 0.68360 Preferred Case: On the H4, with price breaking the descending trendline and moving in an ascending trendline on our RSI, we have a bullish bias that price will rise from the pivot at 0.68735 at the multiple swing...

farisPOP Updated 

Short. it's going down. Always use stop loss. Thank you

pauliet

Sellers took control of the market with the tail up at the high buyers tried to go higher after the tail and sellers hit them back down Buyers tried to step up and hold the line but couldn't - sellers swapped them out Market is going down now until it's not

farisPOP Updated 

Long order. I eleven it's going up toward the line. Always use stop loss.

farisPOP Updated 

long. I think this will go up unless the line below breaks out. Always use stop loss. Good luck.

inspirante

Things seem to be going well down under. With Iron Ore prices jumping close to 8% last week, Australia, the largest exporter of the raw material stands to benefit greatly. In 2021, Iron Ore exports totaled close to US$120 billion. This contributes greatly to the demand side pressure on the Australian dollar. Looking at the charts, the AUDUSD pair is currently...