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Audusud

AUDUSD Sideways / Ranging M30AUDUSD Sideways / Ranging will be clearly visible on the M30 timeframe, Starting from March 31, You can enter the demand area (when this idea was created) or enter supply with a CONFIRMATION note, Don't try to enter without confirmation, because maybe the price will trying to penetrate Supply / Demand, the direction of price movement will remain the same, namely down when it touches supply, and vice versa. For CONFIRMATION, this time I use the EMA 25 ( EMA 25 timeframe M30) when the price crosses/breaks the EMA with a stop loss at the previous Swing Low Pay attention to your risk/reward when you enter I suggest R/R Minimum 1:1.5 i do not guarantee anything, i only share my analysis Do your own research!
by hery88xx
1
AUD/USD, Short it!Hello traders, Some important news will be released for AUD/USD to day later in the Asian trading session, namely interest rate decision by the RBA. Fundamental point of view and also based on RBA latest statement in April 2019, a rate hike could be eliminated by RBA for today due to economical situations they are concerned about, namely the trade war sentiment between the U.S. and China has been vivid recently, which can affect the Australian economy, too. On the other hand, RBA were the opinion that low interest rate should support the Australian economy. Hence there are two possible scenarios for rate decision, according to my point of view, as following: 1. RBA keeps the rate unchanged at 1.5% and keep further waiting how the economical situations will be developed between the U.S. and China. 2. They cut the rate to 0.25% basis point to support the economy with new stimulus, this signalized that the trade war between the U.S. and China is being to reach new climax. Technical point of view the 5th impulsive wave in primary degree according to our analysis is still forming and has not completed yet, and it shall reach the level at around 0.657xx in the coming time. Conclusion: Short the Aussie to the next lower level. Happy trading!
Short
by DrFaust_Official
#forex #audusd Ready to go SHORTI am a trend trader, the daily (long-term) chart for the #audusd left a candlestick "shooting star" signal, one of my favorites to trade. I'm also checking the #usdollar (#dxy) to enter at the right time on this trade. I'll be trading the 3H chart, focusing on a resistance at 0.7250 range. #audusd could go as high 0.73 before continuing its downtrend so our first trade is going short at 0.7240 with a stop loss above 0.7350 and we will be taking half of the profits around 0.7200 BTW, check also RSI and notice the divergence, so another possible entry is if it shows as oversold later on in the hourly charts.
Short
by tecnicoforex
AUDUSD approaching support, potential rise! AUDUSD is approaching our first support at 0.76555 (horizontal swing low support, 61.8% Fibonacci retracement, short term ascending support line). A strong bounce might occur above this level, pushing price up to our major resistance at 0.7726 (horizontal swing high resistance, 61.8%, 76.4% Fibonacci retracement, 100% Fibonacci extension). RSI (89) is bouncing above our long term ascending support line and we might see a corresponding rise in price. Losses can exceed the initial investment so please ensure you fully understand the risks Trading CFDs on margin carries high risk.
Long
by Tickmill
"Teachable Moment"Update on my "Back to Basics" Idea yesterday.... Although price hovered around the .618 retrace of last months move, there was never a breakout of trend - so there were no clear entry reasons. Price didn't close above the .786 after the first touch either, but again no clear entry signals. We now have price retraced all the way back to the swing high, and struggling to break the supply zone. This could indicate price finally falling (looking for entry reasons on lower time frames), since it is also occurring between the .50 and .618 prz of the larger 3 month move. Another possibility could also be a breakout of this supply zone to the upside. Trading is a waiting game... lets see what happens next.
Short
by jonathanwright
1
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.
Long
by TheBanker