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Aussie

AUDUSD – SPOT: Selling On RetracementAUDUSD – SPOT: Selling On Retracement Around 0.7264 - 0.7282 Key Resistance Area Price Action: Price formed an Inside Bar Pattern late last week (We are not considering trading this pattern). Price moved higher from the prior Inside Bar Pattern that had formed early last week (We did not consider trading this pattern, nor did we mention it). Potential Trade Idea: We are considering selling on a retracement higher and after a price action signal, at or just under the 0.7264 – 0.7282 key resistance area.
Short
by UnknownUnicorn393254
Aussie and Stocks Finished A Correction; Bullish Reversal!?Hello traders and investors, today we want to update our Aussie (AUDUSD) chart compared to stocks, specifically SP500. We already shared it back on May 06 and we can now potentially see a completed correction within uptrend on both assets, which means that bulls could be back in the game. As you can see, AUDUSD and SP500 pairs are in nice positive correlation. And, if we consider a completed correction on AUDUSD, then SP500 could be easily back to bullish mode, as risk-on sentiment is kicking in. Looking at the AUDUSD pair, we can see strong bounce from projected support and channel support line after a completed complex (W)-(X)-(Y) correction from the highs. So, seems like it's turning bullish, but to confirm a bullish resumption back to highs, we still need to see broken channel resistance line and 0.7660 region. Trade well!
Long
by ew-forecast
3
AUDJPY: Dip buy offers better rewards?!AUDJPY Intraday - We look to Buy at 93.25 (stop at 92.25) Previous support located at 93.25. Previous resistance located at 94.50. A lower correction is expected. Risk/Reward would be poor to call a buy from current levels. A move through 94.50 will confirm the bullish momentum. Our profit targets will be 95.25 and 95.50 Resistance: 94.50 / 95.00 / 95.50 Support: 93.50 / 93.00 / 92.50 Please be advised that the information presented on TradingView is provided to Vantage (‘Vantage Global Limited’, ‘we’) by a third-party provider (‘Signal Centre’) . Please be reminded that you are solely responsible for the trading decisions on your account. There is a very high degree of risk involved in trading. Any information and/or content is intended entirely for research, educational and informational purposes only and does not constitute investment or consultation advice or investment strategy. The information is not tailored to the investment needs of any specific person and therefore does not involve a consideration of any of the investment objectives, financial situation or needs of any viewer that may receive it. Kindly also note that past performance is not a reliable indicator of future results. Actual results may differ materially from those anticipated in forward-looking or past performance statements. We assume no liability as to the accuracy or completeness of any of the information and/or content provided herein and the Company cannot be held responsible for any omission, mistake nor for any loss or damage including without limitation to any loss of profit which may arise from reliance on any information supplied by Signal Centre.
Long
by VantageMarkets