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Aussiedollar

Aussie Strength to Come? - Ichimoku AUD/USD Long Trade SetupAussie was on a bearish streak before finally finding some footing and ending the week in the kumo. We are close to a bullish kumo twist, but we're still have trouble breaking through resistance where price was stopped. I've drawn an entry line right above that level that needs to be broken to confirm a long entry for me. My overall target will be previous price structure highs from our previous trade you can see to the left. I've also drawn out multiple partial take profit levels to aim for along the way, but I will let some of the position run, as long as it is in profit.
Long
by The808Trader
AUD/USD (An explosive UPside is on the card?)View On AUD/USD (22 June 2019) First Thing First: Pls read our prev analysis. Back Ground: We are seeing decent bullish attempt as the bullish structure start to form. "If it works out" it shall go easily yo 0.697 first and possibly even higher. Target(s): UP 0697 (TP1), 0.708 (TP2) , 0.7112 (TP3) , 0.721 (TP4) SHTF: 0.685 should act as a decent support. DYODD, all the best and read the disclaimer too. Feel Free to "Follow", press "LIKE" "Comment". Thank You! Legal Risk Disclosure: Trading foreign exchange or CFD on margin carries a high level of risk, and may not be suitable for all investors. The high degree of leverage can work against you as well as for you. Before deciding to trade foreign exchange you should carefully consider your investment objectives, level of experience and risk appetite. The possibility exists that you could sustain a loss of some or all of your initial investment and therefore you should not invest money that you cannot afford to lose. You should be aware of all the risks associated with foreign exchange trading, and seek advice from an independent financial advisor. DISCLAIMER: Any opinions, news, research, analyses, prices or other information discussed in this presentation or linked to from this presentation are provided as general market commentary and do not constitute investment advice. Sonicr Mastery Team does not accept liability for any loss or damage, including without limitation to, any loss of profit, which may arise directly or indirectly from use of or reliance on such information.
by SonicDeejay
AUD/USD: Double Bottom. The bulls have to take out 0.7!Hello dear Forex & Aussie-Dollar friends, the bulls better show some reaction now! On the weekly we're at clear 2015 & 16 lows , which currently gives a good bounce opportunity. We had a clear Descending Triangle break previously, with the strong bottom trendline break of the 0.7 USD range. Now the bulls reacted at the 0.685 range, building a nice potential Double Bottom , with the pullback high exactly at the previous bottom of 0.7. => The bulls definitely have to see the break of this neckline, to see a nice bounce opportunity into the 70ies range again. If they fail to show some reaction now, it doesn't look good on the Monthly: 2009 lows at 0.62 range would be waiting. If you had some value from my analysis, give it a thumbs-up & comment it, because the mechanism shows my analysis to other people then. Make also sure to follow me so you get notified on my analyses! I wish you a good trading! :) Edgy is providing online mentorship & trading metrics only. We are not a financial advisor, nor do we hold any formal qualifications in this area. You're trading at your own risk. No matter what you do, please set your stop loss. Please be aware, that you can lose all your money on the online exchanges.
Long
by Edgy_
A Kicking Kangaroo? - AUD/USD Ichimoku Long Trade SetupThis pair has finally found some support before entering into the current consolidation zone price has been stuck in. I am looking for a break and close above the recent price structure resistance we've seen for a chance to get long. Some of this movement may be volatility based with the US news and tariff war going, so we may get a push pretty fast depending on how that situation develops. With NFP also coming down the pike, we will need to be aware that it could affect things drastically as well based on the data that is released and how the market receives it. If we fail to break price structure resistance to our entry level, or if we break down lower out of the current consolidation area, this setup may become invalidated.
Long
by The808Trader
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