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Forex-aud

AUDCHF: Buy opportunity emergingAUDCHF is trading inside a Channel Down pattern for more than one year with the 1D timeframe bearish (RSI = 38.270, MACD = -0.004, ADX = 43.501) as the price is under its middle and the 1D MA50. The 1D MA200 is located exactly on its top. The 1D MACD is in the process of completing a Bullish Cross, which has been a strong buy signal inside this pattern. Even though the price can extend to 0.57000 to complete a -7.55% decline from the recent Lower High (similar declines have been -8.06%, -7.94% and -7.55% since the start of the pattern so we use the minimum scenario), once the Bullish Cross is formed, we will buy and target the 1D MA50 (TP = 0.59000). Prior idea: ## If you like our free content follow our profile to get more daily ideas. ## ## Comments and likes are greatly appreciated. ##
Long
by InvestingScope
1
AUDUSD Declining hard after a Double Top.AUDUSD is on the 4th red (1d) candle in a row, following the Double Top rejection near Resistance 1 (0.69000). Trading Plan: 1. Sell on the current market price. 2. Sell if a (1d) candle closes under the Rising Support. Targets: 1. 0.66750 (contact with Rising Support). 2. 0.66000 (Support 1). Tips: 1. The RSI (1d), is on the MA trend line. If broken, it will be a sell continuation signal. Please like, follow and comment!! Notes: Past trading plan:
Short
by TradingBrokersView
1
AUD/JPYPrice is in a downward trend in 1 H time frame .. any up in price is a chance to enter the trend.. now is an excellent opportunity. Although it's in the middle of a trend, and I usually don't enter in the middle. Still, this one is a low risk .. with risk management, you can join it now .. and follow it down to wherever it goes .. remember to stop-trail .. and remember this marker is all about probability. There's no one, I mean NO ONE, who can predict the market and say with 100% confidence about a situation .. you need to learn this fact. Ps . Leave your comment and thoughts. May all your pockets fill with green money.
Short
by Cryptosours
AUDCAD is starting a long-term corrective legIt's been 2.5 months since we last traded AUDCAD, when it gave us a sell signal (see chart below) right at the top of its Channel Down for maximum gain: Right now, the pattern is getting wider and its new bearish leg to a new Lower Low may be starting as last Friday's inability to close above the 1D MA200 (orange trend-line) may result in a Lower High rejection at the top of the Channel Down. The 1D RSI is trading within a Rectangle pattern, which just hit its top and that matches with the tops of the Channel Down. We are opening two sell positions now, one targeting Support 1 at 0.88350 and the other Support 2 at 0.877450. If broken and the short-term rebound gets rejected on the 1D MA50 (blue trend-line), we will open a new sell to target the bottom of the Channel Down and Support 3 at 0.8600. ------------------------------------------------------------------------------- ** Please LIKE 👍, FOLLOW ✅, SHARE 🙌 and COMMENT ✍ if you enjoy this idea! Also share your ideas and charts in the comments section below! ** ------------------------------------------------------------------------------- 💸💸💸💸💸💸 👇 👇 👇 👇 👇 👇
Short
by TradingShot
5
AUDCAD bottomed and is giving a strong buy signal.AUDCAD is trading inside a Channel Down pattern since the end of January. A similar pattern bottomed almost a year ago (July 13th) on the exact same Support (0.87400) and rebounded to the previous High (Resistance) and Fibonacci 0.5. Trading Plan: 1. Buy on the current market price. Targets: 1. 0.91000 (Resistance and Fibonacci 0.5). Tips: 1. The RSI (1d) is also printing a similar pattern to July's 2022 bottom. Please like, follow and comment!!
Long
by TradingBrokersView
2
AUDUSD: This bounce is a good short opportunity.AUDUSD rebounded late last week and reached again the 1D MA50 on neutral 1D technicals (RSI = 46.104, MACD = -0.001, ADX = 23.912). This is the first rebound after the June 16th High, which was on an overbought 1D RSI and formed a Lower High inside the wide Channel Down pattern. The neutral technicals indicate that this is potentially the ideal short entry on an extended sell sequence that targets at least the bottom of the Channel Down. We are going short on the next green 1D candle and our target will be much lower, the 2.0 Fibonacci level (TP = 0.63350). Buy again near the RSI oversold line. Prior idea: ## If you like our free content follow our profile to get more daily ideas. ## ## Comments and likes are greatly appreciated. ##
Short
by InvestingScope
3
AUDCAD: Buy short term and sell at the top of the Channel.AUDCAD is on a strong bullish reversal as the price made a new LL at the bottom of the Channel Down. The 1D time frame is still technically bearish (RSI = 41.867, MACD = -0.004, ADX = 60.849) and it won't start providing sell signals before it turns neutral at least. We will buy on the current market price and target the 1D MA50 (TP1 = 0.897500). On the 1D MA50 we will reverse to selling again, initially targeting S1 (TP2 = 0.878500) and if it gives a candle close under it, then we will extend selling to S2 (TP3 = 0..866300). Prior idea: ## If you like our free content follow our profile to get more daily ideas. ## ## Comments and likes are greatly appreciated. ##
Long
by InvestingScope
18
AUDJPY: Rejection on 1D MA200 and Channel's Top. Sell.AUDJPY has now had two rejections in less than a week on the 1D MA200, which is also at the top of the six month Channel Down pattern. The 1D technicals have already turned neutral (RSI = 50.136, MACD = 0.500, ADX = 19.362), the 1D RSI has been trading sideways inside a Rectangle while the price was on HH/ HL, which indicates a Bearish Divergence and the confirmation for a complete bearish reversal will come if the price crosses under the 1D MA50. This is technically the bearish leg to the new LL of the Channel Down. We are targeting the S3 (TP = 86.050). ## If you like our free content follow our profile to get more daily ideas. ## ## Comments and likes are greatly appreciated. ##
Short
by InvestingScope
5
AUDCAD: Sell at the top of the Channel Down.The AUDCAD pair is on the 1D MA50 for the third successive day, which is also the top of the Channel Down pattern. The 1D technicals have turned neutral (RSI = 52.833, MACD = -0.001, ADX = 23.757), indicating that this is technically a firm sell entry. We will use this opportunity to short and target the S3 (TP = 0.88650) as all the Higher Lows of the uptrend have been filled by this Channel Down. On the contrary, if the price crosses over the R1, we will go long and target the R2 (TP = 0.92400). Prior idea: ## If you like our free content follow our profile to get more daily ideas. ## ## Comments and likes are greatly appreciated. ##
Short
by InvestingScope
AUDUSD: This Support is the pivot level we'll tradeAUDUSD is on neutral 1D technicals (RSI = 51.267, MACD = -0.001, ADX = 34.243) as it has been basically trading sideways for the past 30 days. The pattern looks a lot like the November/December 2022 Channel Up, which broke out to the R1. As long as the S1 holds, we will be buyers (TP = 0.71250). If the S1 breaks, we will take the loss and sell, targeting the S2 (TP = 0.62250). Prior idea: ## If you like our free content follow our profile to get more daily ideas. ## ## Comments and likes are greatly appreciated. ##
Long
by InvestingScope
6
AN potential break up or reversal **Find out more from my Tradingview Stream this week** *************************************************************************************** Hello there! If you like my analysis and it helped you ,do give me a thumbs ups on tradingview! 🙏 And if you would like to show further support for me, you can gift me some coins on tradingview! 😁 Thank you! Disclaimers: The analysis shared through this channel are purely for educational and entertainment purposes only. They are by no means professional advice for individual/s to enter trades for investment or trading purposes. The author/producer of these content shall not and will not be responsible for any form of financial/physical/assets losses incurred from trades executed from the derived conclusion of the individual from these content shared. Thank you, and please do your due diligence before any putting on any trades!
by Shadowing_The_Big_Boys
1
AUDCHF: Trade around this trendline.The AUDCHF pair is trading inside a nearly 1 year Channel Down, with the 1D technicals obviously bearish (RSI = 35.683, MACD = -0.006, ADX = 40.124). We will trade according to whether the LL trendline holds or breaks. If it breaks, we will sell and target the bottom of the Channel Down (TP = 0.58000). If it holds, we will buy and target the 1D MA200 (TP = 0.62000). ## If you like our free content follow our profile to get more daily ideas. ## ## Comments and likes are greatly appreciated. ##
by InvestingScope
Bearish Elliott Wave Sequence in AUDJPY Suggest Further DownsideAUDJPY shows a 5 swing bearish sequence from September 2022 peak favoring further downside. Cycle from 2.15.2023 high is currently in progress as a 5 waves impulse Elliott Wave structure. This cycle is mature and expected to end soon. Down from 2.15.2023 high, wave 1 ended at 91.91 and rally in wave 2 ended at 93. Pair then resumes lower again in wave 3 towards 87.33 as the 1 hour chart below shows. Rally in wave 4 ended at 89.509 with internal subdivision as a zigzag structure. Up from wave 3, wave ((a)) ended at 88.719 and wave ((b)) ended at 87.37. Final leg wave ((c)) ended at 89.509 which completed wave 4. Wave 5 lower is now in progress with subdivision as another 5 waves impulse in lesser degree. Down from wave 4, wave ((i)) ended at 87.115 and rally in wave ((ii)) ended at 89. Pair resumes lower in wave ((iii)) towards 86.04, and wave ((iv)) is proposed complete at 87.53. Near term, as far as pivot at 89.509 high stays intact, pair has scope to extend lower before ending wave ((v)) of 5. This should also complete cycle from 2.15.2023 high and then pair should see larger degree correction higher in 3, 7, 11 swing.
by Elliottwave-Forecast
AUDJPY - Over-Sold Zone ↗️Hello TradingView Family / Fellow Traders. This is Richard, also known as theSignalyst. AUDJPY has been overall bearish trading inside the falling orange channel, however it is currently approaching the lower orange trendline. So we will be looking for buy setups. Moreover, the green zone is a strong support and demand. 🏹 So the highlighted purple circle is a strong area to look for buy setups as it is the intersection of the green support and lower orange trendline. (acting as non-horizontal support) As per my trading style: As AUDJPY approaches the purple circle zone, I will be looking for bullish reversal setups (like a double bottom pattern, trendline break , and so on...) 📚 Always follow your trading plan regarding entry, risk management, and trade management. Good luck! All Strategies Are Good; If Managed Properly! ~Rich
Long
by TheSignalyst
1
AUDNZD - Strong Resistance Ahead!Hello TradingView Family / Fellow Traders. This is Richard, as known as theSignalyst. on DAILY: Left Chart AUDNZD is approaching a resistance zone so we will be looking for sell setups on lower timeframes. on H4: Right Chart AUDNZD is approaching the upper trendline of the rising channel in red. As price approaches the purple zone, as per my trading plan, I will be looking for potential bearish reversal setups on lower timeframes. Always follow your trading plan regarding entry, risk management, and trade management. Good luck! All Strategies Are Good; If Managed Properly! ~Rich
by TheSignalyst
9
AUDJPY - Trend-Following Sell Setup!Hello TradingView Family / Fellow Traders. This is Richard, as known as theSignalyst. on DAILY: Left Chart AUDJPY has been overall bearish trading inside the blue channel and it is currently sitting around the upper trendline and orange supply zone, so we will be looking for sell setups on lower timeframes. on M30: Right Chart AUDJPY is forming a channel in red but it is not ready to go yet. 🏹Trigger => for the bears to take over, we need a break below the lower red trendline and gray zone. Meanwhile, until the sell is activated, AUDJPY can still trade higher. Always follow your trading plan regarding entry, risk management, and trade management. Good luck! All Strategies Are Good; If Managed Properly! ~Rich
Short
by TheSignalyst
7