Audusdbuy
AUDUSD - BULLISH SETUP Hi traders, we are having very nice setup. AUDUSD is still Bullish. Don't miss this long. It has a huge potential. Currently short term trend on lower time frame is Bearish. Buy at bottom and hold.
As per my analysis, price action shall further move up to the below targets.
Entry: 0.75035 (or) Entry @ CMP
Take Profit: 0.81185
Stop Loss: 0.73538
Risk Vs Reward Ratio: 4.11
Go long the AUDUSD ; Good Luck
AudUsd buy setup loomingAudUsd on the weekly time frame closed a doji last week. But its not a clear version of a doji that you want to base a reversal sign on. So I moved down a bit
to the daily time frame to see if it gives a more clear indication.
The daily has 2 options and the right option will most likely be confirmed on Monday's close. If Monday's candle closes above Friday, than its it a good buy setup.
If it closed below Friday's candle than we are looking at a possible double top and it will go back to support and probably break it. If it's closes inbetween we wait till Tuesday.
Long AUDUSDFundamentals:- The US had its Non Farm Payrole on Friday and although the unemployment rate dropped to 3.9% average hourly earnings had also dropped. The NFP figures showed jobs created at 164K when the market was expecting 190K. So mixed data but in all we are expecting a bit of a pull back from the Dollar strength last week. In Australia the economy has been improving moderately although the RBA are concerned about household consumption and Debt. The retail sales figures on the 8th of May should give us a bigger picture. In the mean time I am expecting a pull back on the sell off based around the disappointing NFP figures for the USA.
Technicals:- The daily chart is displaying a nice morning star pattern and this coincides with an oversold signal on the stochastic indicator. This potential reversal carries through to the 4 hour chart with a pin bar rejection of the 7500 area. The weekly does show the rising trendline being broken but also shows rejection of the 7500 area. For full trade settings for this signal sign up to the 30 day free trial at BOAFX Trading Signal Solutions.
>> AUDUSD << April 19th >> Long „Breakout“ Setup <<Hey Guys and Welcome,
AUDUSD broke over previous week highs, we are following „Mid“-term Trend with a good RR.
Very bullish price action agains the trend occurred last week and formed a short-term strong uptrend, we are following this one expecting a
possible break of our Trendchannel to the upside.
Long: 0.78120
Sl: 0.77744 (40 Pips)
TP: 0.78506 (40 Pips)
TP2: 0.79048 (95 Pips)
Feel free to Comment and Discuss my Trades.
Have a Great Week :)
Alan
AUDUSD earn the minor pullback Hey Guys,
Lets look at this trade and see why i'll be buying this pull back pattern.
1.You can see that the candle wick bounces the third time at around the 0.7770 price range.
2. Then, the up trend line has been broken and we will expect audusd to drop down further.
Hence, i believe there will be a pullback to around 0.7839 price point before it continues its dip.
T/P at 0.7839
S/L at 0.7763
R:R 1.6
Please don't trade more that 2% of your trade
Hope you get some profit out of this trade
Cheers!
AUDUSD Buy the Breakout Hi Guys,
I've been waiting for the NFP news to get over and now that is out of the way, we can see that the AUDUSD has broken thru the downward trend line.
hence, it is a good opportunity to long this currency to the 0.618 position and take profit there before looking at the next trade.
T/P at 0.7985
S/L at 0.7765
R:R 1.5
Please Don't trade more than 2% of your capital
Hope you guys can get some profit of this trade
Cheers!
Buy AUDUSD Longterm Based on Multiple Timeframes This research is for informational purposes and should not be construed as personal advice. Trading any financial market involves risk. Trading on leverage involves risk of losses greater than deposits.
Please comment below and Like if you agree with my analysis.
AUDUSD At The Bottom?AUDUSD on the daily time frame has been hovering around the same area for a few days now and respecting the lows. This is a sign that it might have reached the bottom and is collecting some fuel for a bounce back. However a break will see a sell to 0.72
Best is to start with a buy position with a 40 pip stop loss. If that stop gets hit it means the support is broken and it will sell further. so at that point you enter a sell which you hold for 200 pips an you make a nice profit. But for now the signs show it will buy so we go buy. Switching to sell is our Plan B which we probably wont need.
AUDUSD : ESCAPEHi traders!
(As always, our students got notified early about this analysis)
The AUDUSD is currently in a short term downtrend but in a longer term bull cycle. You can see in this chart that AUDUSD got hammered past few days and did a 3 month low.
Looking at the weekly FIB extensions we may have now hit a wall. Concidently, that FIB extension lines up perfectly with support. I'm also looking at how gold performed last few days and the same scenario happened. Gold now built a nice support zone that it couldn't breach to the downside.
This XAU move makes sense since AUD economy is built off commodities and vice versa.
Now that I got 2 confirmations that a up move is imminent, I looked at the RR. Since we could enter the trade right when it was sitting on said support, the RR on this trade is amazing. That makes it all worth to enter.
Here's what I'm thinking :
AUDUSD LONG
ENTRY : 0.7692
SL : 0.76525
TP : 0.79434
Trade safe!
Disclaimer: This is my trading analysis, it is not an invite or recommendation to trade.