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Audusdsell

More pain to come for AUDUSD and its risk on friends.There is going to be more pain to come for AUDUSD and risk on assets across the board. Next week we will expect to see more hawkish tone from the FED and this will push markets lower. After that I expect to see some sideways indecision and the markets to start reversing to the upside in March after the fed starts to raise rates. We will set up to for a short at around 0.71, this is level where I see a strong dump to 0.675.
Short
by IkanBilisCapital
AUDUSDI wrote on Monday last week that we had a pivotal resistance level at 0.7223 still in play. I thought that a bearish breakdown below approximately 0.7190 would complete a bearish head and shoulders candlestick pattern and suggest the price would continue to fall. This was a good call as the resistance at 0.7223 held firmly when it was reached, giving a profitable short trade opportunity. The technical picture has changed over the past few days, with risky assets (mostly stocks) making strong selloffs before rebounding late yesterday. This risk-off then recovery movement was naturally replicated in the Australian dollar, which is a key risk barometer currency. We saw the price plunge then bounce strongly at the support level at 0.7102 confluent with the round number. There are clear, obvious resistance levels above, with the nearest being 0.7170, which held the price just a few hours ago. The price is now trading in the middle of this range and waiting for direction. Risky assets are looking weak and prone to further falls, due to worries over the Fed’s tightening of monetary policy and the prospect of a military conflict between Russia and Ukraine. These fears are likely to determine whether the price eventually breaks below 0.7100 and continues to fall, or whether we start to see a gradual recovery and rise. I would be happy to take a short trade from another bearish rejection of 0.7170, or a long scalp trade from another bullish bounce at 0.7100, but such a scalp should be carefully monitored on a low time frame.
Short
by SmoothJB
2
AudUsd- Genuine break of support?The long-term trend for AudUsd is clearly short with the pair dropping for almost a year now. After reaching 0.7 important figure, AudUsd has started to correct higher and had a local top at 0.73 resistance. The rise from the bottom is corrective in nature and is drowing a flag on our daily chart, on Friday we have a break under this flag's trend line resistance and also under horizontal support at around 0.72. This seems to be a genuine break and I expect continuation. The first target for bears can be 0.7
Short
by Mihai_Iacob
8
Decision incoming... Are we going to see a reversal for AUDUSD?A major decision node is coming for the price action. Are we going to see a reversal for the aussie dollar as it approaches the bottom of the band it's been trading in since December? Let's see it test the bottom of the channel and see if there's a breakdown or a reversal. BULL CASE Price goes back up after testing the bottom of the channel. We've a slight bias for this scenario until proven otherwise. Be careful of a fake out to break the bottom of the channel. If you take this trade, a good stop loss will be at 0.71295. BEAR CASE If price breaks down from the bottom of the channel, we should be seeing a test of the 0.68 level
Long
by IkanBilisCapital
AUDUSD: Daily Demand DriversThe daily demand zone reacted well and we created a new bullish structure on the lower timeframes. If the shift in market structure can hold, we can expect a strong push to fill some of the imbalances caused by the major sell-off. Traders, if you have your own opinion about this idea, write in the comments section, I always reply. 💬 🚨 RISK DISCLAIMER: Trading Crypto, Futures, Forex, CFDs, and Stocks involves a risk of loss. Please consider carefully if such trading is appropriate for you. Past performance is not indicative of future results. Always limit your leverage and use a tight stop loss. -------------------------------------------------------------------------------------------------------- Please like, subscribe, and share this idea with others! ⬇️ --------------------------------------------------------------------------------------------------------
Long
by AlkalineFX
16
AUD/USD SELL IDEAHey tradomaniacs, welcome to a new free trading-setup. AUD/USD:Daytrade-Execution Market-Sell-Order: 0.71935 Stop-Loss: 0.72050 Point of Risk-Reduction: 0.71815 Take-Profit: 0.71485 Stop-Loss: 12 pips Risk: 0,5% -1% Risk-Reward: 4,0 BASED ON THIS: AUD/USD Bearish BIAS👉 1️⃣ Primary aswell as secondary trend is bearish 2️⃣ Breakout of Rising Wedge 3️⃣ Re-testing resistance and supply-zone 4️⃣ Moving towards volume-cluster and distribution-zone 5️⃣ Risk-Off-Sentiment in the stockmarket supports bearish bias Waiting for confirmation at sell-zone! ✅ LEAVE A LIKE AND A COMMENT - I appreciate every support! =) Peace and good trades Irasor Wanna see more? Don`t forget to follow me
Short
by Trading2ez
2
AudUsd- Back to 0.7?Is almost a year now since AudUsd has been trading in a downtrend and in this period, the pair has dropped exactly 1k pips from top to bottom. From December's low of 0.7, Aussie corrected to the upside, but the rise is contained in a rising wedge, giving us an indication that the resumption to the downtrend is probable. The trend line support of this pattern is now broken and AudUsd can revisit 0.7 support in the next trading days/weeks. Sell rallies is my strategy for this pair and a daily close above the previous high would negate this scenario
Short
by Mihai_Iacob
18
Has the Fed Taper/Rate Hike been priced in? AUDUSDRisk on assets across the board has been trading with a bearish tone since Q4 2021 and the effects of it continues to linger in the market. The AUDUSD reflects this lingering fear in the markets trading cautiously within a range since December. We're likely to see this continue until there's some certainty around the fed's taper and rate hike plans for Q1 2022. In the meantime, the status quo remains and the pair will continue to range trade with a slight bearish overtone. If we see price hit 0.73 in the next couple of weeks, it will be a perfect short for us.
Short
by IkanBilisCapital