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Aussiedollar

AUD/USD trend break-out (Massive Pip Potential)On this chart we can see a strong breakout of the trend line that has been in place since late January 2018 - moving the market sentiment into bullish territory. We can also see a re-test of this trend line on the 4 hour chart - this confirms the possibility for a long position. The Australian Dollar has been boosted into a bullish bias as a result of hopes that China would be boosting its fiscal stimulus and rumours of a China-US trade deal - although these rumours were denied by a senior advisor close to Trump. Losses can exceed initial deposits when trading market instruments. You can manage your losses by using smart risk management. Identify what your entry, Take Profit and Stop Loss levels will be before you enter a trade. Stick to your trading plan, no matter the market conditions. If you stick by a smart trading plan you can substantially reduce your exposure to losses.
Long
by StirlingBishop
2
AUDNZD - SWING SETUP - 01. NOVEMBER 2018WELCOME TO DACAPITAL TRADING!! FREE VIP SWING SETUP 4 HOUR Bearish reaction to 1.08750 and pullback toward previous H4 Support level. DAILY Bullish reaction after taking out 1.07580, Small H4 Pullback with good long entrys now! WEEKLY We need to take out 1.09250 and take out sellers before heading down! LEVELS BUY AUDNZD @ 1.08310 SL @ 1.07950 (35 Pips) TP @ 1.09240 (90 Pips) RR: 2.60 Be patient about our Swing Setups! Enjoy our limited Content and Setups, leave us a like and Comment!!
Long
by DACapitalTrading
GBPAUD BUYHi there. On 1h time frame price is forming a continuation pattern to the upside, but at the bigger time frame price is still so strong to the downside. So, for short term there is a possible up move and for medium – longer term wait for the price to hit the top of the pattern, to complete the C wave and watch strong price action for sell. AUD is still very strong, so you have to consider that. Don’t take a trade if you don’t see clearly when big guys are in.
by thunderpips
Aussie trading bearish channelAussie has been trading in a bearish channel for a while, but it seems like the end is near. it is near a strong resistance which has been tested previously 3 times, but in the end all got rejected. On the side note the price is currently around a major psychological level 0.70 It is also heading towards a major supply zone which might push price back up. For now I would trade a long position and aim for approx 100 pips, from where I would short it towards the 0.6900 area. TP to be determined later.
by dutchtrader
1