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Audusdbuy

Is it risk on for the AUDUSD? Is it risk on for the Aussie dollar? Russia launched a full scale attack on Ukraine this week and this caused a short dip in the market before a strong reversal, bringing up the prices of risk on asset classes across the board. Are we going to see a continuation of trend for the audusd or will there be a deeper correction? BULL CASE Price makes one more push up to 0.7350 where it meets stronger resistance. BEAR CASE Price breaks down from here and finds some support at around 0.695 area. We are slightly bias to the upside. If price breaks the stronger resistance, we will be looking at a sustained move to the upside and a larger long term consolidation range.
Long
by IkanBilisCapital
Break of consolidation structure coming for AUDUSDThe aussie dollar traded in a sideways action this weak, consolidating upwards from it's downward trend. Shorts that have got in this week would have given up and it looks like the move on the last day of the week signals a stronger break to the downside. This push to the downside will likely find some support around the 0.69 levels before the market decides what to do. From a macro perspective, a long and rough ride to 0.675 is what I will be expecting to see. If you are able to get in for a short this week, this level is good for an entry and your stop loss should be safe by placing it on 0.723.
Short
by IkanBilisCapital
Clear downside for AUDUSD.The aussie dollar broke down this week after a fake out to the upside. We can expect to see more downside to come this week. You can either enter a short at these levels at market open next week or wait for a pullback to short it. The pullback should retest 0.715 and breakdown from there. Our full target will be 0.675 and the timeframe for this to happen within is March 15 to 16. Once the rates kick in, I expect to see a full on recovery of risk on.
Short
by IkanBilisCapital
AUDUSD Daily ForecastAUD/USD extends corrective pullback from 18-month lows, pre-RBA optimism buoys Aussie AUD/USD recovery lacks traction. Major trend remains bearish. Break above 5-DMA could see some upside. Breakout above daily cloud will change near-term dynamics. Technical Analysis: AUD/USD trades well below daily cloud and major moving averages Momentum is strongly bearish and volatility is high Price action is consolidating break below 200-week MA MACD and ADX support weakness in the pair DISCLAIMER: ((trade based on your own decision ))
Long
by Goldsignal75
AUD/USD BUY IDEAHey tradomaniacs, welcome to a new free trading-setup. Notice: This is a preparation for you. As always we will have to wait for a confirmation! AUD/USD:Daytrade-Preparation Notice: Waiting for confirmation! Market-Buy: 0.72050 Stop-Loss: 0.71870 Point of Risk-Reduction: 0.72250 Take-Profit: 0.73150 Stop-Loss: 18 pips Risk: 0,5% -1% Risk-Reward: 6,0 LEAVE A LIKE AND A COMMENT - I appreciate every support! =) Peace and good trades Irasor Wanna see more? Don`t forget to follow me
Long
by Trading2ez
4
AUDUSD | Buy Opportunity. Get ready to get in!If you find this technical analysis useful, please like & share our ideas with the community. Coming to the technical analysis of AUDUSD , I think we are going to see an upward movement. If you are going to go short now, make sure to place the stop below the previous support area . What do you think is more likely to happen? Please share your thoughts in comment section. And also give a thumbs up if you find this idea helpful. Any feedback & suggestions would help in further improving the analysis. Good Luck! Disclaimer! This post does not provide financial advice. It is for educational purposes only! You can use the information from the post to make your own trading plan for the market. But you must do your own research and use it as the priority. Trading is risky, and it is not suitable for everyone. Only you can be responsible for your trading.
Long
by MaxProfHacker
AUD/USD: Move Higher Challenging Late November ResistanceThe AUD/USD has been able to sustain its highs above the 0.72000 level for a few days of trading in a row. Taking into account the holiday season and the fact that transactional volumes are extremely low, technical information about short and mid-term highs being challenged could be brushed aside. However, the recent move of the AUD/USD may be more than wishful thinking for bullish speculators who are feeling optimistic about the trend which has emerged. As of this writing, the AUD/USD is trading near the 0.72400 level and this ratio is bouncing along highs seen on the 23rd of December, but also importantly the value is within sight of higher marks demonstrated on the 22nd of November. On the 5th of December the AUD/USD approached the 0.70000 juncture below which was last sincerely challenged in November of 2020. And in July of 2020 the AUD/USD after suffering a bearish trend due to economic implications surrounding coronavirus, was able to puncture the 0.70000 value and has essentially remained above since then except for slight outliers. The ability of the AUD/USD to fall below the 0.70000 mark in early December and then spark a reversal is intriguing. The reversal higher since the first week of December has been solid, but choppy. Yet it has been accomplished in the midst of global central bank pronouncements and fresh worries about the Omicron variant. If the AUD/USD is able to sustain its value above the 0.72300 to 0.72200 support ratios, this may be a positive sign for bullish traders who may believe targeting higher realms is realistic. Because of the holiday trading season, traders should be careful about sudden spurts of volatility occurring which can knock open positions out of the market with losses. Traders should use stop loss orders appropriately. However, looking for potential bullish momentum and aiming for the 0.72500 to 0.72600 levels for quick hitting trades may be a solid short term wager, when buying on slight downticks which may be demonstrated. Speculators who are considering a buying position of the AUD/USD near current support levels cannot be faulted. Certainly traders need to use their risk management wisely. If support levels erode, further downside price action can develop. However, cautious wagers looking for upside within the current price range of the AUD/USD may prove to be a worthwhile opportunity. AUD/USD Short-Term Outlook Current Resistance: 0.72760 Current Support: 0.72150 High Target: 0.73130 Low Target: 0.71650
Long
by SmoothJB
1