AUDUSD possible long 4HR
Awaiting a breakout of my box zone
on daily we got a nice bullish engulfing
MA's are slowly forming a crossover
dollar seems weak lets see how far we can go
Aussiedollarlong
AUD USD longOANDA:AUDUSD For educational purposes only
AUD/USD is rejecting price at the 50% fibonacci retracement level which is also a very key level of support on the day and week chart (see red line which indicates support level); possible rebound from previous lows to high extending to at least the 127% fib extension level.
AUD/USD UPtrend likely to continue (Log monthly Chart)AUD/USD - UPtrend likely to continue (Log monthly Chart)
AUDUSD - Possible Long opportunityLooks like AU is consolidating and looking for a push up. Negative NFP could also push this up further.
AUDUSD - DAILY - PENDING BUY SETUPAudusd - daily chart - pending buy setup around 0.7520 with a great risk to reward and limited downside.
LONG after crossing SMA50 and SMA100SMA50 used to be quite good resistance level earlier, so at that pair I decided not to play from the bottom of channel, but wait a while to see if chart will cross SMA50 and SMA100. If it will happened, I will start opening long positions and keep it to the channel top.
It seems, that weekend american strikes in Syria doesn't affects market that much, but we should watch the chart more carefully when european market will start.
AUDUSD - DAILY CHART - BUY SETUP/DEMAND ZONEAud/Usd - Daily chart - I see a strong demand zone below current price for aussie dollar and I've taken a buy trade around 0.77 with stops below 0.7650 and targets of 150-200 pips. This correlates well with dollar weakness and other major fx pairs in buy levels.
AUDUSD - LONG/BUY IDEAAud/Usd - H4 - Price broke out of consolidation with strong bullish momentum so now I am expecting a classic break/retest/continuation scenario with other price action tools as confirmation.
