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Audusdidea

AUDUSD AT THE VERGE.**ENG** - Price reaching our current Higher High, we can see that the price is overextended and overbought. - The best to do now is to wait for a lower timeframe confirmation of a reversal and enter then. - If price breaks this level, ket the price consolidate first before entering long. **PT** - Preço a alcançar o nosso higher high atual, podemos também ver que o par está overextended e overbought. - O melhor para fazer de momento seria baixar o timeframe e aguardar por uma confirmação de short. - Caso o preço quebre, aguardar por uma consolidação antes de entrar long.
by Wevesting
1
AUD/USD Gains Being ThreatenedCorrecting final Friday's buying and selling session, the pair didn't exit the vary of its bullish channel, and this may increasingly solely occur if the AUD/USD pair strikes steadily under the 0.7000 help. Foreign exchange merchants, particularly those on this pair, are monitoring the extent of tensions between America and China as a result of the latter is Australia's largest buying and selling accomplice. Bulls targets, particularly the transfer in direction of the 0.7200 resistance, which was best to activate the profit-taking gross sales, because the technical indicators reached sturdy overbought areas and the bears have been ready for the second to activate the promoting operations. The Coronavirus, together with US-China relations and commodity costs, will stay a very powerful influence on the long-run efficiency of the pair. I nonetheless maintain on to my technical view of promoting the Australian greenback from each larger degree above the 0.7200 Zero resistance. Relating to the AUD, the MI Inflation Outlook and ANZ Australian jobs knowledge will likely be launched. As for the US greenback, the ISM Manufacturing PMI and development spending knowledge will likely be introduced. Long Trade Idea Lengthy entry following bullish worth motion on the H1 time-frame instantly upon the subsequent contact of 0.7090 or 0.7020. Place the cease loss 1 pip under the bottom current worth. Alter the cease loss to interrupt even as soon as the commerce is 20 pips in revenue. Take off 50% of the place as revenue when the commerce is 20 pips in revenue and depart the rest of the place to experience. Short Trade Idea Quick entry following bearish value motion on the H1 time-frame instantly upon the subsequent contact of 0.285 or 0.7200. Place the cease loss 1 pip above the very best latest value. Alter the cease loss to interrupt even as soon as the commerce is 20 pips in revenue. Take off 50% of the place as revenue when the commerce is 20 pips in revenue and depart the rest of the place to trip.
Long
by forexinworld
AUDUSD long trade ideaPlan: resistance level breakout --> wait for the price to bounce off from support level --> wait for the rejection candle pattern to form e.g. bullish engulfing, pinbar, etc --> BUY **Disclaimer** the content on this analysis is subject to change at any time without notice, and is provided for the sole purpose of assisting traders to make independent investment decisions. Traders!! if you like my ideas and do take the same trade as I do, please write it in a comment so we can manage the trade together. _____________________________________________________________________________________________________________________ Thank you for your support ;) GWBFX
Long
by GWBFX
8
AUDUSD| WHEN TO SELLGood Afternoon Traders, A couple scenarios for you all, potentially we are in ascending channel as illustrated by the dotted trend lines, the highlighted area is my area of interest will Price action push into this area and reject or will we get a strong bullish candle close, ideally for me if we do ill be looking for a further push out of that area and a potential entry, given that price action confirms it. alternatively, we could correct to the side as illustrated and potentially to the upside completing a larger channel or it could start spilling out to side, we will wait for price action to confirm what it wants to do. Let me know your thoughts.
by NK008
AUD/USD Technical Analysis.Currently, AUD/USD is trading at 0.6970. The pair is consolidating in the resistance and support wedges. There is a small possibility for the pair to change the trend right now, it will consolidate in the resistance and support wedges for some time before coming into a particular trend. Follow a proper risk management strategy to avoid unnecessary losses and to increase profitability, don't risk more than 2% of your capital on each trade. Do follow us for future Forex trend analysis and ideas. Thank you, Rishikesh Lilawat
by rishililawat5
AUD/USD - 0.7000 Approaching!, Breakout or Rejection?Hello Traders! Hoping we all had a good start to beginning of a new week, as I've been looking more into COT Data, I've realised there are a lot of traders that are waiting for a short off 0.7000 level as 80% of retail traders are SHORT. Although looking at oscilating indicators the market has not reach an 'overbought' sentiment, meaning price may break our level and continue further. What Is The Market Telling Us? We have had a breakout of our symmetrical triangle, followed by a nice gradual uptrend towards our 0.7000 level Price has been ranging between our support zone and 0.7000 resistance level, awaiting on how price action occurs when level is met MAs are moving stagnant, meaning that there is no directional movement as of right now, possibly awaiting on more volume to come When Should We Enter? We must only enter once price has reached 0.7000 followed by reacting to what the market tells us to do If we are looking to go LONG, buy once price has broken resistance, retested and is followed by bullish signals If we are looking to go SHORT, sell once price has shown rejection off resistance followed by bearish signals
by AI_Expert_Advisor
2
AUD/USD Technical Analysis.Currently, AUD/USD is trading at 0.6977. The pair may start a new down trend if it breaks the support level at 0.6953. Previously, the pair was trading in an up trend and is now moving towards its support level. The pair may start a new down trend if it breaks the support level, then its first target price will be at 0.6893 and the second target price will be at 0.6856. Follow a proper risk management strategy to avoid unnecessary losses and to increase profitability, don't risk more than 2% of your capital on each trade. Do follow us for future Forex trend analysis and ideas. Thank you, Rishikesh Lilawat
Short
by rishililawat5
6
AUD/USD shortAUDUSD has been trading around a key level of support and resistance. I see a possible slight head and shoulder formation forming a triple top. Will be seeing how this pair reacts this week if it gets to that ray line correctively, ill be taking a short. If it impulses down creating a bear flag formation will be taking a short position. These are the two moves ill be looking for. Maybe with a possibility of a third trend line tap for a third entry possibility. Will be watching this throughout the week.
Short
by TradingAfterCollege