AUDUSD - Monday Update - From last WeekANALYSIS ON AUDUSD
Welcome to my analysis
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1 Hour Chart
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Interesting Point of interest In the AUDUSD pair.
- Price still within the 200 day EMA.
- Expecting more upward momentum.
- MACD showing bullish divergence so watchout.
Trade carefully, buy pullbacks. Watch for break below the red line
Stay Tuned
Audusdbullish
Aussie bright future ahead against greenbackI will post a visual link here later after I complete uploading the video in my channel which will be an in-depth analysis of why AUDUSD major pair will have a high probability of long bias throughout the week. Till then please give me some time and have an eye on this chart. Will comment here the link soon stay tune ;)
Sell Monday on AUDUSD - Buy the pull backANALYSIS ON AUDUSD
Welcome to my analysis
-
1 Hour Chart
-
Interesting Point of interest In the AUDUSD pair.
- Price still above 200 day EMA.
- Expecting more upward momentum.
- MACD showing bearish divergence so watchout.
Trade carefully, buy pullbacks.
Stay Tuned
#AUDUSD, Interesting opportunity on daily graphThere is a significant downward trend, which is why the signal is relatively high risk 3/5
You can see in the graph above that whenever the price touches the 200 moving average line (the yellow line) there is a downward acceleration, the Australian dollar will look to get there again.
The Stochastic confirms our thinking with its arrival at the lower level (20).
Target: 0.6950
Just for the sport, quick AUDUSD long trade setup...On the daily chart we can clearly see a Higher High is been made. On the 4 hour chart we can see that price finds support @0.683, this could be a nice window of opportunity to get in a quick long trade to 0.691. For beginners who are new to Forex trading this is a nice setup to trade, very low risk if your trade size isn’t too big. You will see this setup unfold within a week.
Just be patient and enjoy the show!
HAPPY MONDAY - AUDUSD ANALYSISFREE ANALYSIS ON AUDUSD
Welcome to SiriusTrading, Check out my Free analysis on Forex and Crypto. Follow me for regular Analysis and don't forget to LIKE :)
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4HR CHART
Price to test around 0.6189 (support turned resistance)
- We could see price move higher to the trend-line @ 0.69600 level
Nice bearish divergence also found
Keep an eye out for the buy, or wait for top to sell.
#AUDUSD, Support and Resistance analysis.A definite downward trend.
The audusd ranges in the range of 100 pips in the event of a break to either side the recommendation is to buy/sell in the same direction.
For traders who like short-term positions, the recommendation is to buy close to 0.6740 and sell close to 0.6805.
After analyzing the dollar, we came to the conclusion that we are more bullish on the coins against the dollar because we believe the dollar should go down.
AUDUSD BUYAUD/USD has formed a triangle and corrective wave touching the down trend line, all we see now is a clear upside break out of the triangle to head toward the resistance channel line . .
AUDUSD is also in connection to the USD which is going for short. So i will take my profits around the point 0.68600. Note . there will be a re trace so watch your trade carefully and take good profits , when it bulls out from the yellow line , take your profits 2 around 0.69400 ..
AUDUSD is also still looking for momentum for bullish move , Price is still consolidating and can break the resistance level. watch this trade carefully as it can still fall for the rest of the week ,
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AUDCHF WEEKLY ANALYSISAFTER MAKING A NEW SUPPORT ON AUGUST 15 2015 at price level 0.65345 it went back up at 0.78070 on 06 FEBURARY 2017 MAKING A PERFECT DOUBLE TOP AT 18 SEPTEMBER 2017 than it went down to the main support making a perfect double bottom.
Now its time for a trendline break and retest this week or eventually in the next week.
I am waiting for a strong sign like a 4h or daily pinbar after the retest to go in for 300-500 pip profit.
AUDUSD FOR THE BULLS AFTER THE PULLBACK?We have seen price rally bullish and we may see price continue after price finishes what i see as a retracement. I have marked the grey line at 50% fib retracement and we see price is also creating bullish divergence.
Grey line - Entry
Red line - SL
Green line - TP
Risk exposure - 1%
Risk to reward - 1:2
AUDUSD Multi Harmonic Pattern Analysis and StrategyWe see the formation of a harmonic bat pattern (purple) and the completion of an ab=cd pattern (blue) on the 4 hr chart. The completion of the ab=cd pattern signaled the end of the downward trend and the start of a move to the upside. Price action is now moving in a bat pattern and our strategy is to trade the 4th leg of the pattern. Price action has already stated confirming our bullish strategy.
AUDUSD Descending Channel Broken... AUDUSD has been travelling in a descending channel, however it has broken out to the upside. Another few confirmations of a long trade was the Higher High made and the major support zone price just tested and bounced from which caused it to breakout of the channel. Price will now come down to retest the channel, and then make its way up to 0.70100 region.