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Audusdtrade

AUDUSD SELLSo Apparently have been studying AUDUSD since last Week so I feel now is the right time to drop this Analysis and also we want you guys to take good advantage of this AUDUSD about 102 pips and a 16 pips stop loss, so let me break it down educationally for understanding, so basically on the monthly time frame we had a rejection on our Monthly resistance zone or Level, to breaking it down to the Weekly/Daily TF A Double Top was Created so we are looking forward to test the Daily/ weekly support area. So speaking on our entry level we had a trend line breakout and a nice price retesting on the trend line and after that price started creating Lower Lows and Lower Highs and that’s the number one big confirmation for a down trend so all we need to do right now is to wait for price to test the Highs levels which is the red line zone I marked out then after that we can fully take our Sells. Please drop a Comment on what you think guys I see the Love, I really appreciate
Short
by GoCrazyfx0
3
AUDUSD possible bullish move!Currency Pair : AUDUSD Possible direction : Bullish Technical Analysis : Price has grabbed liquidity for multiple times after breaking this local support. We have seen a very strong impulse on NFP with a false breakout to the down side and then reverse back to resistance level. Highly likely price will continue to rise as long tern trend is still bullish Possible trade recommendation : bullish as per chart sketch. Press like button if you enjoy. Risk Disclaimer: Trading foreign exchange on margin carries a high level of risk, and is not suitable for all investors. Past performance is not indicative of future results. The high degree of leverage is dangerous and can work against you as well as for you. Before deciding to invest in foreign exchange or any market you should carefully consider your investment goals, level of experience, and risk tolerance. It is EXTREMELY LIKELY that you will sustain a loss of some or all of your initial investment and therefore you should not invest money that you cannot afford to lose. No representation is being made that any account will or is likely to achieve profits or losses. Past performance is not indicative of future results. Individual results vary and no representation is made that clients will or are likely to achieve profits or incur losses comparable to those that may be shown. You acknowledge and agree that no promise or guarantee of success or profitability has been made between you, and Forex Trading Wizard. Do your own research and talk to a professional financial planner in order to be aware of all the risks associated with foreign exchange trading and investing and seek advice from an independent financial advisor before risking any capital.
Long
by ForexWizard01
1
AUDUSD SHORT FOR Risk : reward of 1:3 As per the Daily chart we clearly see that Price has violated Demand Zones and we have a Fresh Daily Supply Zone formed, Price is aleady coming from a Monthly Supply in the higher timeframes and hence the Target is a Monthly Demand formed at 0.65512. Once Price violates a Demand in lower timeframes like 1H and 4H we will have another trade with an amazing Risk: Reward ratio. But for now 1:3 is also a considerable Risk to reward ratio hence shorting. Happy Money Making !!!
Short
by WavesandZones
2
AUDUSD - CURRENT SITUATION AND FUNDA & TECHNICAL BIAS#AUDUSD - Currently the MARKET SENTIMENT for AUD is slightly UP SIDE according to the MARKET SENTIMENT. Due to RISK ON for AUDUSD, there is currently an UPSIDE BIAS for it. AUD CASH RATE is about to be released. And the USD has become STRONG in the short term. Therefore, STOCKS and COMMODITIES MARKETS are going up a bit now. It is heavily influenced by the Australian dollar. And the AUSTRALIA INFLATION DATA was very POSITIVE that day. Due to this, the RBA made a RATE HIKE. - The FED MEETING is scheduled to be held today. So be careful while trading USD CROSS PAIRS. - It is definitely possible to break the AUDUSD STRUCTURE and go up to the higher RESISTANCE LEVEL. Accordingly, AUDUSD can go up to 0.7100 0EVEL. After that, if the MARKET RISK OFF, AUDUSD can SELL to the AUDUSD 0.6723 LEVEL if the MARKET SENTIMENT changes and STOCKS and COMMODITIES start to fall further. For that, the MARKET STRUCTURE should be BREAK. And RISK should be OFF. audusd
by benny_marshall
AUDUSD - CURRENT SITUATION AND FUNDA & TECHNICAL BIAS#AUDUSD - Currently the MARKET SENTIMENT for AUD is slightly UP SIDE according to the MARKET SENTIMENT. Due to RISK ON for AUDUSD, there is currently an UPSIDE BIAS for it. The main reason for that is that the US ELECTION was won by the REPUBLICANS and the US CPI DATA is NEGATIVE. Therefore, STOCKS and COMMODITIES MARKETS are going up a bit now. It is heavily influenced by the Australian dollar. And the AUSTRALIA INFLATION DATA was very POSITIVE that day. Due to this, the RBA made a RATE HIKE. - It is definitely possible to break the AUDUSD STRUCTURE and go up to the higher RESISTANCE LEVEL. Accordingly, AUDUSD can go up to the 0.6850 level. And before that, AUDUSD can SELL to the 0.6447 LEVEL if the MARKET SENTIMENT changes and STOCKS and COMMODITIES start going down. For that, the MARKET STRUCTURE should be BREAK. And RISK should be OFF.
by benny_marshall
1