Aussiedollar
AUD/USD- SHORT Setup Hello Everyone !
Here we have a pretty clear SHORT setup on this pair.
as we can notice Price has broken the 1H Trendline, as we know after the breakout we need the retest ( which is already finished ), we will wait next week for some candle confirmation, so we can get a nice R:R trade on this Pair
1. Broken 1h Trendline
2. Retest Completed
3. Price has been failing to break through the resistance for 3 times, which also correlates with 78,6% Fib Retracement giving us some more confidence on a bearish Reversal
AUDJPY Update - The Trend is Your Friend, Part IIHello friends, please observe our previous analysis on AUDJPY was spot on resulting in 2 perfect targets both hit. Now, we face a crossroads in AUDJPY at the current Fibonacci channel resistance level. These are the same channels utilized in the original analysis;
Now, its time for us to keep an eye on AUDJPY as it reacts to this resistance. Possibly, this fight could decide the coming weeks of price action. Good luck
Aussie - AUDUSD Risk off!Almost time to load up on Shorts on the Aussie, we are currently in a risk off environment, a flight to cash, a forced liquidation of the aging population of assets to fund retirement etc is going to be another causation of the commodity driven Australian economy to be in a recession and negative growth in the coming years and decade. A lot of Risk currencies are setting up as a good sell in the coming weeks stay tuned to my forecast. expecting Aussie to trade well below the all time lows dropping well below 50 cents to the low 40s possibly. expect further short term upside though could rally up to 65-68 region before heading down. AUDUSD is a Short term Buy, Medium and Long term SELL
Aussie dollar - gann fanAustralian dollar, can be seen to be moving into a larger falling wedge. Nice buy.
AUD/USD daily- Reflecting down off its 20 simple MAAUD/USD daily- Reflecting down off its 20 simple MA
Also, must reflect down below its 38.2% fib retracement level at 60.92
AUD/USD IdeaWatching AUD as we approach this resistance area. Looking for signs of weakness in the market structure before taking a short position to the 0.57 area . If it breaks through then next resistance is the 0.645 area.
AUSUSD(Y20.P1.E2).Some reliefHi All,
The Australian dollar has reached its previous all time low in recent years against the USD.
On the 8 hrly, there is a bullish divergence (being a double bottom) being formed which will likely give a nice bounce to about the 0.66 mark.
The candle sticks also look positive at this level.
I haven't looked at any other currencies but my guess would be that most have dropped as well.
Please give me a tick or a like as an appreciation of this post.
Regards,
S.Sari.
Previous Post
AUDUSD Key Levels Lowest AUSSIE Dollar has been in 17 years. Expecting a push to the upside in the coming months back to a key level. WEEKLY and MONTHLY Key levels posted.
AUDUSD ShortConfluences for this trade
1. Multiple time frames indicating the same long term price movement (bearish)
2. Orange highlighted zone is a key area where price was previously supported and i will be looking for a retest of that region
3. Many touches of the descending channel showing a valid channel as we can see where i have circled in blue where price is constantly creating new lower lows and higher lows.
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Many Thanks
AUDUSD FORECAST 2 MARCH 2020 @CacbyDovish USD News
Hawkish AUD News
Checkout here ----> www.forexfactory.com
You have some minutes, probably. I mean, it's clear. Check the charts, AU it's really too much oversold, 5 weekly red candle, and this is not usual. We are near a weekly support zone, and i don't want to spent lot of words to justify my ideas: AUDUSD is up to go up for some days, we are in reversal zone and there is a divergence on h1 charts that confirm that. And news. Remember the news, ready to push up the price. So, it's just question of minutes, probably.
AUDUSD Daily Structure. Trading CFDs on margin carries high risk.
Please ensure you fully understand the risks.
AUDUSD buy when vector pivot is shownI am still in this trade for a buy from lower positions. I will add another once we confirm support at .6795 - .6800 with a curve in price to continue buying power up to .7000 zone.
I see bullish flag consolidation on the daily frame. Need support off the coil and to be above the 200 MA for a good long continuation. It will build up orders around this price at this moment.
ridethepig | AUD Market Commentary 2020.01.10Ending the week with instructive profit taking from bulls in exemplary fashion....Average hourly earnings disappointing but nothing to write home about. Highlights in the report going to manufacturing jobs getting crushed via protectionism and those maintaining longs now have a free hand to play the next short-term swing.
I love it when USD goes for a walk.
The move in play for the coming sessions and looks difficult to defend against. I am tracking 0.6925x to prevent the breakup for bulls this week and trigger profit taking. After an exchange of direction flanking works decisively well and the execution timing-wise is of importance.
For those tracking the 2020 AUD Macro map and digging into the fundamental side I would highly recommend checking the following diagram:
Thanks for keeping the support coming with likes, comments and etc. If you have any questions/charts as usual jump into the comments and we can open the conversations. Good luck all those in AUD.
GBPAUDAveiq Capital Management Group
13th January 2020
Looking at this pair from a fundamental perspective, we can clearly see that a yearly high has been reached towards the end of 2019. This was particularly due to the recent elections results. Moving forward, the commencement of 2020 has began with a negative forecast in relation to GBP data which has resulted in bearish momentum. The structure of the pair now indicates a higher high followed by a lower high formation, acting as a key supply zone at the 1.900 level in order to meet the demand zones of 1.88 and 1.86 respectively. We are initially targeting a yield of 2% (1.88). If we see a clean break of this area, we will target a longer term yield of 4.7%.
