AUDUSD Australian Dollar
AUDUSD Australian Dollar
Sell opportunity for GBPAUD valid through 2-5-2021
I think AUDCAD is dropping and I set my first target at 0.94300 I will update you later Now tell me what you think Agree 👍 or disagree 👎?
The ASX online sector looks like its getting bullish again and is ready to run. With that in mind ive checked a few of the online ASX stocks like KGN etc and, imo, HT8 had the highest probabilty chart to achieve 30% +. HT8 is positioned well to capture any stimulus excess cash as it did in 2020. Still only 50 mill market cap. Key Techinicals - Bullish flag is in...
AUD on the rise with commodities turning up in a new green economy. Uranium is going to shine. The path is altered from the last time PDN broke through the equivalent fib channel levels, remarkably similar trajectory, so I just altered the pullbacks to better respect these levels as we are breaking out at a slightly higher price level. I expect this to be one of...
Consensus is the market in AUS is going ahead for 21. With that in mind, If the XJO is going to keep on keeping on the banks are going to have to get bullish. With an obvious bull flag in the NAB chart it may be worth a punt. Technicals - Bullish Flag, enter on bullish candle breakout. Fundamentals - Housing in Australia is picking up again. Talk of the...
Triangle breakout any pullback structure from m15/5 will work well on entry.
I can imagine the pair to go up for a while from now on. Set the target at first on 1.79850 And then on 1.84666 I'd love to read your feedback. How do you see GBPAUD for the next week? FX: GBPAUD
I can imagine the pair to go up for a while from now on. Set the target at first on 1.79850 And then on 1.84666 I'd love to read your feedback. How do you see GBPAUD for the next week? FX: GBPAUD
The Aussie is gaining further traction - GBP has further downside positional power looking down to the below zones; 1. Zone 1: - we will be looking at a test of the order block, movement away to keep shorts flowing to keep the imbalance moving towards the zone of a 1.72 redistribution, liquidity to show bears further short options before the lows. From here we...
AUD/USD daily- Hitting resistance and overbought RSI levels.
AUDCAD Entry Price 0.95845 Target Price 0.96555 Stop Loss 0.95661
AU trading inside a parallel channel. Looking for a break above .74256
This is an interesting position. Anything is possible. No advice is given. New traders may need to study these patterns and practice on paper trading accounts. Disclaimers : This is not advice or encouragement to trade securities. Chart positions shown are not suggestions. No predictions and no guarantees supplied or implied. Heavy losses can be expected. Any...
Please share with me your thoughts, Kind regards,
The Australian dollar rallied above 0.72 and was immediately rejected. But it still holds the above the daily trendline. Potentially this rally can be extended to 0.73. Buyers have to protect their positions with tight stops. Commercials (based on COT) keep adding to their short positions, the cycle is turning to the downside. That makes me believe a selloff is...