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Audusdlong

AUD/USD: The impact of Xi-Biden's San Fran face-offThe AUDUSD and NZDUSD led the rally against the US dollar yesterday and are doing the same again today. The surprising low inflation number from the US is what caused the rally yesterday. But today we have a new event that could be driving sentiment in these pairs. This event is still underway, so it still to play out completely, and its consequences still to be digested and figured into the market: This event is the meeting of Chinese President Xi Jinping and US President Joe Biden in San Francisco. The meetings represent a cooling of trade (and otherwise) tensions between the two countries. What next? A weak support has been established around 0.64828. I would like to see the pair probe for a close closer to 0.65400 before concluding that there is a definite bullish bias. We will be watching news reports about the mood of the meeting and any outcomes to gain an understanding of the fundamental drivers for the AUD.
by BlackBull_Markets
AUDUSD - Potential retracement ✅Hello traders! ‼️ This is my perspective on AUDUSD. Technical analysis: As we can see here price changed the character and now we could see bullish market structure. After taking buy side liquidity I see price to make a retracement to fill the imbalances lower and then may be a rejection from bullish order block. Fundamental news: Tomorrow will be released Unemployment Rate on AUD. If the result is negative, it will support our idea. Like, comment and subscribe to be in touch with my content!
Long
by Snick3rSD
AUDUSD: Simple Speculative SetupHi Traders! From a technical point of view, the trend is bearish so trying a bullish trade is very speculative (high risk of failure), so it should be right to try to take a long position with a small size, possibly there will be time to add new positions. Having said that, we have greatly simplified our setup on the chart, because we will look for some reversal pattern in support area before taking a long position, and if we are lucky, we may also be able to limit the stop loss before the price reaches 0.6270. If our work will be supported, we do not rule out publishing new updates. If the price triggers a new low, we will look for sell opportunities in the short term. From a Trade Management perspective, this setup has a good Risk/Reward ratio (>1:3). Trade with care Like | Share | Comment
Long
by TheAnonymousBanker
6
AUDUSD LONGAUDUSD has reached the higher low area of the ascending channel and the new horizontal support zone in the 4-hour timeframe chart We expect the pair to re-test the key support levels listed on the chart, We taking this trade based on technical analysis and candlestick patterns. Please use proper risk management depending on your account size, Use lot sizes based on these calculations. Here is a breakdown of your pip value in ZAR and Dollars 0, 01 = R1,43 / $0,10c 0. 05 = R 7,15 / $ 0.50 0.10 = R 14,3 / $1.00 1 Lot size = R 146,26 How to calculate Margin = (Lot Size * Contract Size)/Leverage, Let's say your broker gives you 1:500, and you open 0,2 size, How much are you exposing? calculations : (0.2 * 10 000) / 500 = $4 (R58) also (1 Lot * 100 000) / 500 = $200 (R2 960) So, each time I open (1 Lot size, am exposing R2960 (Down payment) Remember, These are long-term trades, It is advisable to have enough margin to handle the fluctuation of the markets. Please like and share for more useful content:
Long
by Pro-Trading-Africa
AUDUSD touches the targetThe Australian dollar pair against the US dollar , and finds strong support there to now show some bullish bias, influenced positively by stochastic indicators, heading towards achieving immediate gains that may reach 0.6468 . From here, we expect to witness further rise in the coming sessions, keeping in mind that breaking 0.6400 will put pressure on the price to resume the downward path and head towards 0.6367as the next negative station. Pivot Price: 0.6400 Resistance prices: 0.4668 &0.6491 & 0.6519 Support prices: 0.6367 & 0.6328 & 0.6285 The general trend expected for today: bullish timeframe: 4H
by Evar_Mayi
AUDUSD LONG Term Buying Trading IdeaHello Traders In This Chart AUDUSD HOURLY Forex Forecast By FOREX PLANET today AUDUSD analysis 👆 🟢This Chart includes_ (AUDUSD market update) 🟢What is The Next Opportunity on AUDUSD Market 🟢how to Enter to the Valid Entry With Assurance Profit This CHART is For Trader's that Want to Improve Their Technical Analysis Skills and Their Trading By Understanding How To Analyze The Market Using Multiple Timeframes and Understanding The Bigger Picture on the Charts
Long
by ForexPlanet20