AUDUSD DAILYPotential reversal time?? I would like to see a clean break of 0.76400 first before considering a trend reversal if price does break this level I believe Aussie will move up to new highs next year !
Aussiedollar
EURAUD 4HPrice broke out of its bullish channel, could see a pullback down now for a correction after all the bull momentum thats taken place on this pair in the past few weeks ..
AUDNZD 4HChannel broken to the upside after weak NZD news expectations, price now looks ready to head to the next level of daily resistance..
AUDUSD Long Price could break TL and continue decline afterall the past 4 months have been horribly bearish.
However with a bounce off TL (3rd bounce) would be the catalyst for a bullish climb
AUDUSD 4HBreak of trendline & retest, under daily resistance zone. Short until weekly support before a potential bounce to the upside
EURAUD 2HWatching for a break of the triangle, a potential touch to the 38.2 is possible for entry as well. Price is in a strong uptrend a new higher high is likely
AUDCHF 4HFalling wedge & break of daily support. Watching for break & close below wedge for extra confirmation my bias is bearish. All moving averages sloping down & price below as well..
AUDUSD DAILYOverall it is in a uptrend on the weekly, however on the daily its downtrend line is still holding & I think will make one lower low back down to the weekly uptrend line before breaking to the upside. Looking for short term shorts this week, as I believe the dollar will be making a retracement to continue its downtrend (DXY).
AudUsd - Short Below Key ResistanceWe start the week with AudUsd below key resistance at 0.76274 meaning the initial outlook is Bearish with an ultimate target to the downside at 0.74888. *However* - with a weaker USD a break above key resistance at 0.76274 would see us favour longs towards 0.76941.
GBPAUD 4HCTL broken, retracement to the 50 fib level for a retest to broken trend line is possible, however the 38.2 region seems like a strong area price is failing to close below. Looking to take this setup next week :)
AUDUSDCounter trend line breakout, price now under resistance & can potentially pullback to its broken trend line for a retest before going higher. Waiting for some more confirmation.
EURAUD MonthlyHead on shoulders pattern completed, as long as price stays under monthly resistance & closes below a long term short should take place..
Se terminaron las ventas en el AUSSIEEn gráficos diarios vemos un movimiento de 5 ondas que dio a la alza en lo que comprende a mediados de abril, dicho movimiento a la alza termina a principios de septiembre para después hacer otro movimiento de 5 ondas a la baja.
Actualmente Tenemos la finalización del movimiento de 5 ondas a la baja, la cual en temporalidad de 4 horas la 3ra y 5ta onda se dieron de manera extendida. Por el momento podemos ver un AUSSIE dando su ultimo recorrido bajista y preparándose para irse a a alza.
Es buen momento para entrar en compra e irse por toda una onda (1) o (A) que coincidirá con la onda (4) del ciclo anterior, para después proceder a corregir y proseguir su trayecto a la alza e irnos por toda una onda (c).
Estar atentos en temporalidad H4 para entradas mas precisas.
Good Spot To buyAt bottom of nice chan, RSI looking good, if it dont break threw this support then it would be a good buy, ride it to top of chan.
AUDJPY 2HShort at counter trend line / support turning resistance.. Another push down to weekly support is likely
AudUsd - Downtrend Still Intact Last week AudUsd performed nicely taking out both targets from last week. We go into next week with the downtrend still intact and therefore further declines seen as the higher probability move. Price is re-testing broken support as resistance at 0.75715 providing a great place for the Bears to look for Shorting opportunities down towards the target and next key area of support at 0.74888. A deeper correction and re-test of the 0.76274 area of resistance would also provides a great potential shorting opportunity.
AUDUSD DAILYAt a decision area.. Will we get a break or bounce off weekly uptrend line? I am leaning more towards a bounce but waiting for confirmation is all I can do at this point.. Definitely on my radar
EURAUD 4HPrice may make a higher low now to its 4 hour uptrend line where I look for either a break or bounce. Watch for a close below the support price is above currently
AUDJPY 2HPrice broke out of daily uptrend line & 4 hour wedge pattern, waiting for a retest of counter trend line (pink line) for continuation to the downside..
