Audusd4h
AUDUSD @ 1h @ best performer (of 21 major cross-rates) last weekTake care
& analyzed it again
- it`s always your decision ...
(for a bigger picture zoom the chart)
This is only a trading capability - no recommendation !!!
Buying/Selling or even only watching is always your own responsibility ...
more detailed stats (all 21 Major Cross-Rates) of 2nd week 2017 @ my GOOGLE Drive
drive.google.com
Best regards :)
Aaron
AUDUSD FORECASTAUDUSD is currently in a downtrend hitting a support level. Here we believe price is probable to reverse back up towards the Minor Resistance level before continuing along it's bearish path towards S2.
Another very interesting pattern we have noticed is a MASSIVE "M" formation if you scroll out of the chart (Pink dotted line). If the M pattern plays out, price can go as low as S3.
AUDUSD ForecastAUDUSD has gone to plan, creating an M top formation before reversing and breaking both S1 and it's narrow uptrend channel, as discussed in our previous analyses.
We have now taken profit on our short, but believe the bears are not finished yet. We expect price to possibly rebound in the near-term towards the minor support level, before falling to test the 200 MA and S2.
Trading Ideas:
Go Short at Minor Support
Go Short at TP ZONE breakout past low
AUDUSD Breakout Towards Reversal ZoneAUDUSD just broke upwards from a downtrend on the 4H, however the current channel is very narrow and unsustainable.
Price is at a major reversal zone, and we expect heavy resistance to hit soon.
We are looking for an M or Head & Shoulders pattern to form at this zone to enter a short trade towards the TP zone.
Short to deathA lot of peeps here have lost loads of money shorting AUDUSD at the wrong time, well its time to get your money back !
This setup has a great R:R ratio, get on the train, make sure you place your SL exactly where i placed mines, there is FOMC today am expecting alot of volatility, regardless of the outcome this pair should go down.
Divergance + MACD going down + Daily trend line finally violated.
Forex Market Analysis and Trading Tips 22nd March 2016 - AUD/USD
SUMMARY:
The primary trend of AUD/USD is bullish on charts and price is trading below the trend line in its 30 min. chart. In 30 min. chart the price is sustaining above 200 day SMA and is taking support of 50 day SMA indicating uptrend of the pair. It is having an important resistance at the level of 0.7626 and support at the level of 0.7565. If it breaks its resistance level on the upside and sustains above it then we can expect it to show further bullish movement in the pair.
INDICATORS:-
MACD is sustaining in its positive territory indicating the bullish trend in the pair.
RSI is sustaining in its buying zone indicating the upcoming bullish trend in the pair.
STRATEGY:
AUD/USD is looking bullish on charts for next few trading session. One can go for buy on lower level strategy for this pair for intra day to mid term positions in it.
www.tradingsignalreviews.com
Forex Market Analysis and Trading Tips - AUD/USD BUY! 160 Pips!AUD/USD ( HOURLY )
SUMMARY:
The short term trend of AUD/USD is bullish on charts and price is trading above 200 DMA and 50 DMA on 4 hourly charts with appearance of golden cross. It is having an important resistance at the level of 0.7260 and support at the level of 0.7110. If it breaks its resistance level on the higherside and sustains above it then we can expect it to show further upside movement.
INDICATORS:-
On MACD positive cross over appeared which indicating the bullish trend in the pair.
RSI is sustaining in its buying zone at 59.73 on 4 hourly chart indicating the upcoming bullish trend in the pair.
Let me know how you get on guys, pleased to hear everyone enjoyed yesterday's EUR/CAD short!
www.tradingsignalreviews.com
Weekly Forex Report 22nd Feb 2016 - AUDUSDAUD/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 level of 0.6970. If it breaks its resistance level on the upside and sustains above it then we can expect it to show further bullish movement in the pair.
INDICATORS:-
MACD is sustaining in its positive territory indicating the bullish trend in the pair.
RSI is sustaining in its buying zone indicating the upcoming bullish trend in the pair.
STRATEGY:
AUD/USD is looking bullish on charts for next few trading session. One can go for buy on lower level strategy for this pair for intra day to mid term positions in it.
Forex Market Analysis And Trading Tips - 15/02/2016RECOMMENDATION: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 it breaks its resistance level on the upside and sustains above it then we can expect it to show further bullish movement in the pair.
INDICATORS:-
MACD is sustaining in its positive territory indicating the bullish trend in the pair.
RSI is sustaining in its buying zone indicating the upcoming bullish trend in the pair.
STRATEGY:
AUD/USD is looking bullish on charts for next few trading session. One can go for buy on lower level strategy for this pair for intra day to mid term positions in it.
www.tradingsignalreviews.com
Forex Market Analysis and Trading Tips - 12th Feb 2016 - AUD/USDGreat 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 0.7065. If it breaks its resistance level on the upside and sustains above it then we can expect it to show further bullish movement in the pair.
INDICATORS:-
MACD is sustaining in its positive territory indicating the bullish trend in the pair.
RSI is sustaining in its buying zone indicating the upcoming bullish trend in the pair.
STRATEGY:
AUD/USD is looking bullish on charts for next few trading session. One can go for buy on lower level strategy for this pair for intra day to mid term positions in it.
As usual, let me know how you get on and if you have any questions!
All the best and happy trading!
www.tradingsignalreviews.com
Forex Report and Trading Idea - AUD/USD Short 09/02/2016RECOMMENDATION: 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 0.7220. If it breaks its support level on the downside and sustains below it then we can expect it to show further bearish movement in the pair.
INDICATORS:-
MACD is sustaining in its negative zone indicating the bearish trend in the pair.
RSI is sustaining near its selling zone indicating the upcoming bearish trend in the pair.
STRATEGY:
AUD/USD is looking bearish on charts for next few trading session. One can go for sell on higher level strategy for this pair for intra day to mid term positions in it.
www.tradingsignalreviews.com
AUDUSD might be attractive for bearsHi everyone!
I would really appreciate any comments or thoughts on this analysis, what are you missing here, if there is anything unclear. Your time is greatly appreciated! Thank you.
Bullish movement has stopped at the cluster of Resistance zone - Pivot Points and 382 Fibonacchi retracement. This might be a place where profit is taken or bears will be selling and pushing price down.
Entry at current price - Stop Loss 30 pips away - Target 60 pips
AUDUSD - Corrective wave structure countThe first phase of the corrective structure is a clear flat. The second phase is underway, so it could be either the green triangle or the red ZigZag. If it is to be the triangle we should see a clear reversal at the Blue trendline resistance to complete the last leg of the triangle.
On the other hand, if price clearly breaks the Blue trendline resistance, then we can safely assume for the price to go somewhere around the yellow trendline resistance in order to complete a ZigZag for the second part and an overall "double three" formation which is marked with a dark blue WXY.
There are plenty of opportunities based on the counting of lesser degrees, This counting is to get an understanding of possible price reversal points and direction on a broader view.
Nevertheless I am rooting for the triangle to complete.
What do you think ?