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Aussiedollar

AUD/USD Weekly Outlook and IdeasPretty sizable gap away from the base of a triple bottom (yellow rectangle)...how to interpret this?? Someone or something with deep pockets is eyeing the .707 area, perhaps a barrier option slightly below at the .706 demand level? Either way let's map out the possibilities... If this gap closes down, I think it could spell trouble for buyers who bought heavily @ .707..how many more touches can this level take before capitulation? Now the .706 level is not a significant level @ this point, its well within the ATR range of the yellow rectangle. Meaning if we do close the gap, the possibility this drops further increases. If the current gap level holds and we see upside, the .714 area is the one to watch for resistance. Any move above that, and we may have an uptrend. RBA rate decision on Monday is going to be the key driver for direction this week, so hold on!
by en1gm9t-c
AUD/USD Sniper entry, perfect analysisFacts: -ATR Shows market panic sells chain reaction causing 3x more volatility -200MA Still bullish -Showing nice wick rejection, which indicates strong buy power from here. -Overbought cloud breakout, which indicates a reversal -Parabolic SAR still bearish but due to what i mentioned above, it will turn Bullish again. What caused this huge spike? Aussie unemployment news! The news was not bad, rather neutral / good. My guess is that this huge drop is all bank manipulation. Stay safe
Long
by QW-Trading
1
GBPAUD Ready to Accelerate - New Highs Coming!NOTE: This is just analysis/advice, DO NOT FOLLOW this trade blindly - I take no responsibility for it... Scenario 1: Looking at GBPAUD on the 1H timeframe, we can see that it is currently approaching the oversold region in terms of RSI, circa 30.0. This could be the first hint to a reversal. Right now I think this pair is in a descending broadening wedge structure, where I think it has hit the support line of the wedge, which could mean acceleration of this pair to the upside, once it does hit the support line exactly. Ideally I think this pair should then accelerate upwards. Short term targets: TP1: 1.81750 TP2: 1.82130 Long Term Target (within next week): TP1: 1.83500 (circa) The long term target has been taken by duplicating the distance from the highest point of the descending broadening wedge and then to the lowest point(E). This distance was duplicated on the resistance line where price should look to ideally head next. Scenario 2: If the descending broadening wedge structure is broken, we could see a pullback to 1.80650 however I see this as unlikely as this pair has recently been extremely bearish & RSI does not look to indicate this. If you managed to read it this far down, thanks for reading this! If you could, please do offer your ideas & perspectives on this pair. Buy or Sell and why? Additionally, drop me your charts for it, that'd be great so I can see where you are coming from. I'm a new guy to the FX & Crypto market, trying to learn FX & Crypto, and I'd appreciate any help people may offer! Please drop a follow! I nee`d reputation points!!
Long
by ShaunLeo35
#AUDUSD - Intermediate (C) - February Wave Counts - Part 9AUDUSD labeled in a bullish correction of a larger degree pattern, with Intermediate (A) (green) unfolding as a Leading Diagonal, and Intermediate (B) (green) unfolding as an Expanding Flat structure. Intermediate (C) (green) would be rising in a rally, with an aggressive and impulsive buying stance expected for the Aussie Dollar. If you like my work, please support me with a like. More details in my signature. Many pips ahead!
Long
by EW4X
AUS/USD ANALISISSOPORTE EN 0,70761 PARECE FUERTE , EL PRECIO LO CRUZO EN CAIDA PARA VOLVER A SOBREPASRLO AHORA LO UTILIZARA PARA CREAR ALGUNA ONDA DE CONSOLIDACION ENTRE 0.71440 Y 0,70761 , O DISPARARSE HACIA 0,71935 , ESTO SI AUD NO SE VE LASTRADO POR LOS MALOS REGISTROS , ADEMAS HAY QUE TENER EN CUENTA QUE LA GUERRA COMERCIAL , LLEVA A CHINA A APOYAR LA MONEDA AUSTRALIANA YA QUE ES UNO DE SUS MAYORES CLIENTES Y APOYOS , POR LO QUE SI EL INDICE DEL DOLAR SE VE CASTIGADO PÒR LA INCERTIDUMBRE , CHINA APOYA A AUSTRALIA EL AUSSI VERA CIERTA RECUPERACION .
Long
by hmCap
GBPAUD READY TO PLUNGE - LIKELY PULLBACK WITHIN NEXT 24 HOURS NOTE: This is just analysis/advice, do not FOLLOW this trade blindly - I take no responsibility for it... Ideally looking for this currency pair to enter a sell-off after potential news of the UK's GDP figures (output produced by the UK / economic growth / announced 9:30am UK time). With Italy and Germany recently heading into a recession, it is possible that the UK could be next to fall into one, causing the GBP to weaken. Additionally, the Brexit situation and business uncertainty should look to drive the UK economy weaker, making the GBP weaken. I feel there is time to make a perfect entry for a healthy profit and have drawn the potential support and resistance regions where I feel price should bounce around. Currently, I see this pair rallying till the figures are released. For this trade, I have placed a tight stop loss to make this a less risky trade in case it does start to rally in which case I can enter a new position. I am currently testing some new concepts for trading... Reasons for the GBP weakening: - Blaming Brexit uncertainty and slowing global growth, the central bank has cut its forecast for 2019 growth to 1.2% from 1.7%. This would be the weakest growth since the recession of 2009. - The BoE said it had seen further evidence that businesses were being cautious in the run-up to Brexit, including evidence from its own survey of firms. - As expected, interest rates remain unchanged at 0.75%, with the Monetary Policy Committee voting unanimously for no change in the base rate. Sterling fell against other currencies in response. - The BoE put the fall in growth down to a decline in business investment and housebuilding, as well as a halving of the growth rate in exports. - The BoE even sees a one-in-four chance of the economy slipping into recession in the second half of this year. If you managed to read it this far down, thanks for reading this! If you could, please do offer your ideas & perspectives on this pair. Buy or Sell and why? Additionally, drop me your charts for it, that'd be great so I can see where you are coming from. I'm a new guy to the FX & Crypto market, trying to learn FX & Crypto, and I'd appreciate any help people may offer! Please drop a follow! I need reputation points!!
Short
by ShaunLeo35