Audusdbuy
AUDUSD approaching support, potential for a bounce!
AUDUSD is expected to drop to 1st support at 0.67740 where it could potentially react off and up to 1st resistance at 0..68345
Trading CFDs on margin carries high risk.
Losses can exceed the initial investment so please ensure you fully
understand the risks.
AUDUSD - BUY BUY BUYYes correct.... AUDUSD is good for buy.
Bottom bollinger band is touching the candles means over bought situation and price already move up and price is retraced from fibo level 1. in the meantime if you see the RSI where ever price revised from 33.76 level price gone bullish.
Note: Trade at your own risk.
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AUDUSD approaching resistance, look out for potential reversal!
AUDUSD is approaching its resistance at 0.67125 where it is could reverse down to its support at 0.66732.
Trading CFDs on margin carries high risk.
Losses can exceed the initial investment so please ensure you fully
understand the risks.
AUDUSD SHORT TERM LONGHey traders, this setup is going long for some short term pips.
-There has been 4 touches on this key support level, all of which have had stop loss hunts as seen by the long wicks & dips.
-There is very little demand that would keep it at these levels as seen by the volume profile.
-I see the green box as a nice target price for this short term long.
Watch out though as this trade may sit in this yellow demand zone for a little and maybe even try to get another stop loss hunt.
AUDUSD - BUY NOWAUDUSD is Bullish.
There is strong support @ 0.67476 and it will be pull back from support to towards to 0.786 fibo level and then to the red trend line which is on top. These are long term trades but still you can get few pips for buying AUDUSD without any doubt.
RSI shows that several times it hits the 39.44 level (2nd green horizontal line) and bounce back to up wards which give us good confirmation to buy AUDUSD.
Take profit mentioned in the Yellow box. you can make your own SL according to your account.
Note: Trade at your own risk and this analysis is without any fundamental.
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AUDUSD - FOREX - 25. SEPT. 2019Welcome to our weekly trade setup ( AUDUSD )!
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1 HOUR
Bearish movement and price action.
4 HOUR
We moved towards strong support zone.
DAILY
Overall bullish market right now with a bearish pullback.
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FOREX SETUP
BUY AUDUSD
ENTRY @ 0.97460
SL @ 0.97000 (45 Pips)
TP @ 0.98220 (75 Pips)
RR: 1.70
Use 1%-2% risk per Position!
(Remember to add a few pips to all levels - different Brokers!)
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Have a great week everyone!
ALAN
#AUDUSD, Interesting opportunity on daily graphThere is a significant downward trend, which is why the signal is relatively high risk 3/5
You can see in the graph above that whenever the price touches the 200 moving average line (the yellow line) there is a downward acceleration, the Australian dollar will look to get there again.
The Stochastic confirms our thinking with its arrival at the lower level (20).
Target: 0.6950