AUDUSD shortThis is just an updated chart from my previous chart posted last week, will be looking for a bear flag continuation towards the downside, if you missed the move last week and looking to get into this trade ill be scaling in another position depending on how the market moves. Will be looking for either a 2 tap or 3 tap of the top of the trend line for a downward move.
Audusdidea
AUD/USD Technical Analysis.Currently, AUD/USD is trading at 0.6864. The pair started a new down trend after breaking support level and neck line at 0.6911. Previously, the pair was trading in an up trading while moving in an higher-high lower-low pattern. As the pair has already started a new down trend, its first target is at 0.6727 and second target is at 0.6613.
Follow a proper risk management strategy to avoid unnecessary losses and to increase profitability.
Do follow us for future Forex trend analysis and Ideas.
Thank you,
Rishikesh Lilawat
AUDUSD SELL IDEA** JUST AN IDEA. NOT A SIGNAL **
We can see here that the trade has tested and felt constant resistance at 0.70015 multiple times already.
After its breakthrough, it then felt resistance again at 0.70302 where momentum took a swing as sellers have weighed the chart down.
We expect to see a further downtrend from here onwards after rejection of 0.70015 once again.
Thanks for viewing!
Please support this idea by liking and leave any comments you wish ✨
Feel free to support us with a follow or join us for free on telegram SnapForexFreeChannel✨
SnapForexOfficial.
AUDUSD short for 90 pips.We have seen a massive upside move on this pair and the momentum is yet to be over but we are seeing some sign of exhaustions and hence there is a possibility of retractement to the previous support level before making another push up.
On the 4h chart we can see a nice bearish candle printed. I have gone short on this and marked tp and sl for you as well.
Let me know your thoughts.
Trade safe and good luck.
AUD/USD - 0.7000 Level Broken! Waiting For A Retest Hello Traders!,
Upon the market opening yesterday, some pairs do seem to be consolidating against the USD currency, but not the AUD, its showing more strength that ever after break the 0.7000 psychological round level, the first time this year! (Was broken on 31st Dec 2019)
What Is The Market Telling Us?
Price has finally broken past 0.7000 level after 3 attempts since last week
14EMA and 50SMA are still showing signs of bullish pressure within this pair
50SMA has been acting as a dynamic support, which is aligning with my trendline
When Should We Enter?
Will be waiting for a clear retest of this 0.7000 level since its now been violated
Once a retest has occured, wait for a bullish candle close above the 0.7000 level and look for a BUY!
AUDUSD short trade idea (update)Plan: wait for the price to bounce off from daily resistance level --> wait for the rejection candle pattern to form e.g. bearish engulfing, pinbar, etc --> SELL
**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
AUDUSD shortThere is a potential short set up for the AUDUSD pair, will be looking for it as a short term sale, but if the downward trend continues I will be letting the trade run till the next monthly key support. I will only be going in on this trade if it corrective goes up to the given area, If it goes up impulsively I will not take the trade but will sit back and watch what the market is doing, re-forecast and look for a high probability set up
AUD/USD Technical Analysis.Currently, AUD/USD is trading at 0.6938. The pair is trading in an up trend from 19th May after breaking resistance level at 0.6544. Although, the pair has already touched its first target at 0.6777 and the second target at 0.6921. Now the pair is hovering in the resistance zone and soon it may come in a down trend.
Do follow us for future Forex trend analysis.
Thank you,
Rishikesh Lilawat
AUDUSD short trade ideaPlan: wait for the price to bounce off from trendline or resistance level --> wait for the rejection candle pattern to form e.g. bearish engulfing, pinbar, etc --> SELL
**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
AUDUSD locally signal (SHORT)Hello friends.
Please support my work by clicking the LIKE button(If you liked).Thank you!
Everything on the chart.
If my markup is right wave of 5 was finished.
open pos: market (and put 1 more sell-limit 0.6554)
targets: 0.651(~0.55%) and 0.649(~0.85%) (after first target will reached move ur stop to breakeven)
stop: 0.671-5 (depending of ur risk)
for me risk is justified
Follow me on TRADING View, if you don't want to miss my next analysis or signals.
Good luck.
It's not financial advice.
Dont Forget, always make your own research before to trade my ideas! If i help you to earn some money i will RLY VERYVERY appreciate for your donate.
Also open to your questions or suggestions(PM to me).Will be glad earn some money for me and you.
AUD/USD - 0.6443 Resistance To Hold Price Below!
Market structure continues to make Lower Highs, validating a continuation of the downtrend
I'm anticipating a bullish correction which will retest resistance before an impulse move to the downside occurs
EMAs add confluence to my bias as they are both above price and aligns with the key level of 0.6443
AUDUSD-- Market Outlook D1 Chat ViewHy! Smart Trader, Welcome to My Analysis and forecasting Section on Trading view.
We are Creative price action Trader. Join with us as we document the in's and out's of my trading journey. we are publish Multiple Time frame Analysis and forecasting (totally Free)
Never Trade alone 12$aNNum$79@gmail.com@
we really hope you enjoy All trade..
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.
_______________________________________________________________________________________________
Thank you for your support!