AXY
AUDUSD 4H - Bearish Dears,
Please, follow our instructions as mention on the chart.
thanks & Good luck
EURAUD - WHAT NEXT 1.6300 OR 1.5700?On a weekly basis we are seeing very bearish signals with shooting stars and maruboza candles. However price sits above a monthly support yet to closure beneath.The current state of the daily candle looks like it has rejected the monthly well and has made a 4th trendline touch. I feel that price is overbought and will come lower. But when? I can see price pulling to a maximum height of 1.62-6300 before a break retest and continuation below the monthly to meet up with the grey daily key levels.
FURTHER DECLINE IN THE AUDCHF TO COMELooking at the AXY there appears to be further decline due to key global and economic issues surrounding the USA, china and UK markets.
Here we take a further look at shorting the AUDCHF pair and our reasons why.
Australian weighted average 4Hr
The Australian weighted average looks to have hit a key resistance level. Were looking for a bunce to the downside.
Swiss Franc weighted average daily
Daily view were looking at a strong support for a further bounce to the upside.
Swiss France “SXY”
The SXY looks to be heading higher with key new higher highs and higher lows being made.
AUDCHF monthly view
We believe there is further downside movement in this pair due to strengthening of the SXY and a further decline in the AXY.
With uncertainty within the global markets the CHF tends to be a good haven.
Look for good entries to short this pair further
Good luck to all
Can AUD make new higher high?Just textbook trade. Technically AUD makes new higher high from the trendline. Risk and reward ratio is 1:3
This trade might not work out but it is always better to risk less to gain more.
AXY shortterm analiticsAXY (Austrian Dollar Index) made a false breakout of the strong resistance level of 70.6
Think it will be a correction to the intersection of the support level 70.0 with the support line
Audusd H1 chartWe have seen a breakout of the corrective channel. Expecting to move in zones to our target. Hope you got in with us
AXY (AUD_INDEX)We saw the formation of a triple 3 pattern.
And it's likely that the cycle of motion has changed.
Now we start to estimate a motivational move
Details on the chart
GBPAUD: Wedge possible bearish breakoutsGBPAUD has formed a wedge on D and 4hr, possible for the wedge to break to the downside.
GBPAUD Medium Term: 1.80 possibleGBPAUD: Break of red zone would open way for 1.80 price target for sells.
AXYoverall perspective, big downtrend
rising wedge which broke to the downside
closed below MajorQP, i see it completing the 500pip QP range at 65, 2010 low
a break below 65 would open more dowsnide to complte 1000pip range, 2008 low
AXY - AUD Weakness Expected? Sorry for the mess of a chart.
We are expecting AUD weakness over the next few weeks.
AUD/XXX = \ bearish
XXX/AUD = / bullish
*Generally, (XXX) matters just as much!
