Get started

Forex-aud

AUDCAD The Monster Wave Up Will ComeHello traders, This correction has been going on for years now and as of July this year, I have been waiting for the big wave up to the red trend line at least before deciding whether this will actually be the big impulse move or just part of a WXYXZ correction pattern. Let us first see how the price will react when it goes back into the correction range at the green trend line! If you would like me to forecast a specific pair that I have not covered, feel free to comment it down below! Please don’t forget to follow, I will be posting forecasts & trade setups daily. Thank you, Good luck
Long
by UnknownUnicorn852976
EUR/AUD ready to fall as many analyses showing a possible top.Hi, The FX:EURAUD its very interesting in my opinion at the moment. In the long term we have a trend line which the EURAUD its fighting right now which means that if it breaks, it will give extra pressure for the shorting side. On the Daily chart looks like we have a possible H&S formation which we re-tested the neckline yesterday and today we are breaking to new lows. On the 4hr looks like a possible flag is in play which targets the 1.5740 area. For this reason I have shorted this pair at 5943, with SL at 6034 and TP at 5700 area (3.00 RR). Thanks and good luck.
Short
by dcm2020
1
EURAUD 1.6350 MAJOR RESISTANCEOnce price reaches 1.6350 I will be keeping an eye out on price action and I will be looking for Daily/4HR reversal patterns to form before going short or a break of the Counter-Trendline. (First Target 1.60255, 2nd Target 1.57000) |If we have a nice weekly break of the Uptrend, I will Hold onto dear life.| -This setup will be invalidated if we have a Daily break above 1.6350 (we can look to go long if we get a retest (Targets for this will be 1.6550) (If you're in Longs from my previous call my final target will be 1.6350, around 120 pips away)
Short
by Lm7ee
AUDNZD - Wait for rejectionGood night everyone, Audnzd is being on a strong buying rally from 1.03 level As we can see on weekly chart (left) AUDNZD broke the uptrend tested multiple times and now it re-testing it, it may work as resistance. On the daily chart (right) we can see price is now struggling on our 200 sma , should the price close under 200sma then we might have a good opportunity to short aiming 1.059 and 1.045 levels, RSI is already overbought. Watch out since this wednesday we have variation in employment numbers (sorry if this is not the proper translation) and this number reveal the strenght (or weakness) from australian market. Good trades everyone . This Trading Idea is to be used for educational purposes only. This idea does not represent financial advice and its NOT a signal. You should trade based only on your own technic and knowledge.
Short
by MarcelMartins
AUDUSD short term sell!Hello traders, as you can see I'm looking for sell on AUDUSD. It broke the smaller trendline and now we have to wait for some sideways candles to confirm down move. The bigger picture looks upside, and for that reason as i mentioned it will be short term trade. Usually i don't trade against bigger picture, but in this case RR ratio is amazing for me and thats the reason why i wanna take that sell. Down below you will find my bigger picture. BONUS: Don't jump into the sell now, even if it drops fast. Chart will always correct and that's the place for safer sell! Make the bank rolls! ;) $$$$ My daily view on AUDUSD! If you like what i do click that like & follow button. Likes and followers motivate me to spend my free time posting content for you! Thank you for your support! All the best, Antonio
Short
by AntonioM
2
AUDNZD - Market OverviewThe 1st downtrend line was broken, and the price could reach the main resistance zone. It is formed by another downtrend line, 1.04500 resistance level, and SMA50. The market must have solid reasons for breaking this strong resistance. But if it can be done, there will be SMA100 which also act as a strong resistance line. It looks like the downward movement will be more simple. If there are signals from indicators confirming the price reversal, it will be possible to open short trades with stop orders above the local swing high and profit targets at the lower support levels. Short trades can be opened based on the daily and hourly timeframes. RSI is going to confirm the price reversal, but this signal will be out of the overbought zone. As a result, it won't be so strong as it could be. MACD still support the bullish movement. DMI is bullish, but ADX line falls telling us that buyers become weaker. IF the price tries to move upward, it will be possible to get a false breakout.
by DLavrov
Chaos looms: meltdown in sight. Mario Draghi made an honest assessment of the Eurozone today, which wasn't rosey. The big money wasn't happy with this. Stock markets and Forex around the world were thrown into some degree of chaos. All stock indices were affected - proving once and for all - that we are all part of a global economic system. What happens in the Eurozone or in America, simply does not just stay in those regions. In this screencast, I show where I've suffered in holding to my confidence in the indicators, from that important technical perspective. And now I'm in a no-loss position. If the market moves south, I shall follow - no need for targets or price levels. The markets show me entry points and decide exit points. Just to be clear - hope and luck are not part of my equation.
OANDA:US30USDShort
by Captain_Walker
Extreme trader sentiment points to possible USDJPY uptrendThe Trend Follower Strategy has just bought USDJPY at 112.773. The system recommends entering this trade at any price between 112.663 and 112.883. The signal was issued because our Speculative Sentiment Index is extremely positive, with a value of -1.512. This suggests that the USDJPY could be trending upwards.The 14-period Average True Range on a daily chart is 0.441, so the stop loss has been set at 112.332. This stop loss order is a trailing stop that will move up as the market moves up. There is no profit target for this strategy. We expect to be closed by the stop loss.Trend Follower is a trend trading strategy that aims to buy and hold rising currency pairs and to sell short and hold falling currency pairs. The strategy looks to buy when the Speculative Sentiment Index is below -1.5, and looks to short when it is above +1.5. Signal ID: 59009 Time Issued: Tuesday, 25 September 2018 00:00:16 GMT Status: open Entry: 112.663 - 112.883 Limit: N/A Stop Loss: 112.332 CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. 79.79% of retail investor accounts lose money when trading CFDs with this provider. You should consider whether you understand how CFDs work and whether you can afford to take the high risk of losing your money.
Long
by FXCM
Breakout Identified in GBPJPYThe Breakout Opportunities system has just bought GBPJPY at 148.496. The system recommends entering this trade at any price between 148.286 and 148.755. The signal was issued because the GBPJPY has broken its 24-hour high while our Speculative Sentiment Index was at -1.281, suggesting that the GBPJPY may have further to rise. A stop loss has been set at the 24-hour low of 147.656 and a profit target has been set at the 1 Day ATR level at 149.533. The system will move the stop to the next 24-hour low every time that 24-hour low is higher than the previous 24-hour low. Breakout Opportunities is a breakout strategy that aims to catch the significant moves that typically happen when currencies break through technical support or resistance. Signal ID: 59014 Time Issued: Tuesday, 25 September 2018 11:02:16 GMT Status: open Entry: 148.286 - 148.755 Limit: 149.533 Stop Loss: 148.288 CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. 79.79% of retail investor accounts lose money when trading CFDs with this provider. You should consider whether you understand how CFDs work and whether you can afford to take the high risk of losing your money.
Long
by FXCM
US Dollar Index could produce a surprise rally towards 95.70 ?The US Dollar Index has tested lows at 93.80 twice now without much success and is back higher, trading around 94.30/40 levels at this point in writing. Please note that a short term resistance line is passing just through the price and a break here could push the index higher towards initial resistance at 94.80 levels. Looking at the wave structure, medium term bearish outlook still remain intact, but the US Dollar Index could produce a rally towards 95.50/96.00 levels before reversing lower again. We have changed our stand from bearish to neutral for now and would be looking for intraday rallies through 95.50 levels at least, to initiate probable shorts. Disclaimer: This written/visual material is comprised of personal opinions and ideas. The content should not be construed as containing any type of investment advice and/or a solicitation for any transactions. It does not imply an obligation to purchase investment services, nor does it guarantee or predict future performance. FXTM, its affiliates, agents, directors, officers or employees do not guarantee the accuracy, validity, timeliness or completeness of any information or data made available and assume no liability for any loss arising from any investment based on the same.
TVC:DXY
by FXTM
1