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Aussiedollar

AUDUSD is Forming BULLISH BUTTERFLY - Potential for Reversal!Hey Everyone, Harmonic Pattern - BULLISH BUTTERFLY is Identified on AUDUSD (H4 Chart) with a slight Overbought price action, where H1 chart is Closing with Bullish Piercing Line, and hence we'll go Long on AUDUSD with these preferences, BUY AUDUSD - NOW or 0.71800 STOP LOSS - 0.71282 TARGET 1 - 0.72692 TARGET 2 - 0.73157 More updates will be posted under this thread, have any doubts? then, let us know in the comment section below and make sure to give this analysis a Thumbs UP +_+
Long
by BloomFisher
14
AUDUSD Pending LongAUDUSD closed bearish in the previous week with an ugly weekly and monthly candles closing well on its lows, also below the ~70.5% fib from which it bounced the previous month. Leaning bearish and looking for a bounce after December 2016 low has been taken out. PLAN OF ACTION : Looking to long after a possible stop run on December 2016 low of ~0.71602 if PA shows some sign of reversal. If not then lower around the next Fib level of ~78.6% and possible run on May 2016 lows. Will update the idea later on as price action develops. Also might take a small short position if given a chance for a pullback. However not comfortable to short a breakdown on a support where price might spring up after a few pips of drop. Gonna update later for setups on lower time frame if time permits. Good Luck
Long
by renjfx
The Aussie DollarToday's focus is on the Aussie Dollar as we look at the fundamental calendar data report from Australia to release throughout the week. Following a steep decline in prices on most major pairs against the greenback, this AUDUSD pair had found support at 0.72650 level, which is also a fib extension of 1.272 of the previous swing low (as shown in the comments below). I've highlighted key levels on the chart as supply zone. If AUD/USD were to rally back topside, it would likely retrace to those levels. Happy Trading, folks! Cheers!
Long
by Kav1ka
AUDUSD, possible long setupSupport around 0.733 at previous swing low is holding up quite well. You can tell by various weekly candle with huge lower tail which indicates that there's buying support. With that said, there is a good long setup trade setup for price to rebound towards 0.757-0.769. From the current price of 0.740, this give us a potential profit of 160-288pips. Stop should be place at 0.729, below the current swing low. Take note that this analysis is on a weekly time frame, thus expect to holding your position for a while (as long as the SL is not hit!). You should go into smaller time frame such as daily or 4H to better time your entry. Trade safe everyone!
Long
by NimbusCapital
Aussie Long Setup - Consolidation Ready to break?!On the weekly timeframe, we've seen 5 downside wicks as orders have been filled at the 0.7350 support region. This week forms the 6th rejection of this and price already appears to be pulling back from here. Overall we have a weekly downtrend which lines up the downside Fibonacci retracement region with 0.7500. Price moved largely bullish yesterday breaking back above moving average support. The moving averages have failed to crossover to the downside suggesting a bullish sentiment but for now they remain flat as price continues to fail at 0.7425 weekly resistance as the top of the consolidation range. The prior candle closed beyond the daily downtrend with the current candle already spiking through resistance. This candle has returned for a retest of the trendline break and is currently supported by the moving averages. I expect upside movements from this region to the 0.7460 region. On the H4 timeframe price bounced off daily support and spiked through the 200ema in line with another test of the 0.7425 supply zone. Although we saw a heavy sell off from this region this actually broke prior highs confirming the reversal after the higher low formed yesterday. As price currently retests the daily downtrend moving averages are providing support. CPI data released this morning was largely flat so I believe downside moves are short lived. Price should now revisit 0.7425 before extending to 0.7470.
Long
by INSIDEFX
EURAUD About To Start A Huge Move Down!I have been waiting for this setup for quite some time and posted this analysis a while ago. On the daily time frame we have a 5 wave corrective structure that broke to the downside. We then saw a smaller structure form below that and we are now seeing a break of the smaller structure. This indicates that the short break is valid. I am waiting for my entry trigger/setup and will enter this trade when my strategy triggers. There are over 2000 pips in this trade if I am able to hold it all the way down but will be trading smaller time frames on the way down as well. Contact me via direct message for any assistance required Cheers Linton
Short
by Linton_White
5
AUD/USD Analysis (July 2018)This will be my views of AUD/USD 0.07% for July 2018 Please make sure to read the "update" comment as there will be changes along the way. Cheers. S0nic Disclaimer: The information contained in this presentation is solely for educational purposes and does not constitute investment advice. We may or We may not take the trade. The risk of trading in securities markets can be substantial. You should carefully consider if engaging in such activity is suitable to your own financial situation. We, Sonicr Mastery dot com is not responsible for any liabilities arising from the result of your market involvement or individual trade activities.
by SonicDeejay
2
A trading opportunity to sell in EURAUDA trading opportunity to sell in EURAUD Midterm Forecast: There is no trend in the market and the price is in a range bound, but we forecast a downtrend wave below 1.6190 would begin in Midterm. Technical analysis: The RSI bounced from the resistance #1 at 62 and it prevented the price from more gains. A trough is formed in the daily chart at 1.5425 on 06/14/2018, so more gains to resistance(s) 1.5825, 1.5890, 1.6040 and maximum to Major Resistance (1.6190) is expected. Price is above WEMA21, if the price drops more, this line can act as dynamic support against more losses. Relative strength index (RSI) is 53. Trading suggestion: There is a possibility of temporary retracement to suggested Sell Zone (1.5825 to 1.5890). if so, we would set orders based on Daily-Trading-Opportunities and expect to reach short-term targets. Beginning of entry zone (1.5825) Ending of entry zone (1.5890) Take Profits: TP1= @ 1.5730 TP2= @ 1.5620 TP3= @ 1.5525 TP4= @ 1.5425 TP5= @ 1.5275 TP6= @ 1.5075 TP7= @ 1.4910 TP8= @ 1.4605 TP9= @ 1.4445 TP10= @ 1.4040 TP11= @ 1.3675 TP12= @ 1.2225 TP13= @ 1.1600 TP14= Free
Short
by ForecastCity