AudUsd- are we done, at least for now?Like many of you, I was also wondering how long can AudUsd go without a significant correction, but every dip on this pair is constantly bought.
From a technical point of view, we have a clear short-term top above 0.78 and after the trend line break, the pair reversed from support and started to rise again.
At this point, this rise can be just a confirmation of this break and Aud can finally roll down.
A break above 0.78 zone though would suggest that Aussie is in search of higher prices.
Audusdsell
AUD/USD POSSIBLE SELLAfter a long period of time the price seems like its going to go down.
The price fell after it reached the brown trend line as expected, now breaking the pink trend line which was followed since November 2020.
The trend line breakout has occurred with price breaking the pink trend line and now retesting back to it suggesting a decrease in price until the green main trend line.
AudUsd should drop to at least 0.75Aud was one of the strongest currencies in the last semester of 2020 with AudUsd rising around 13% from 0.7 to 0.78, which is enormous for a major Forex pair.
Now the pair is hovering under this 0.78 and seems that it found a top.
A spike above 0.78 and a stop hunt above this level is not out of the question but in the medium term, Aussie should dive to at least 0.75.
Prices above 0.78 should be sold in my opinion
AUDUSD – Downtrend to start in 2021?2020 finally prove to be the time for AUDUSD bull,.. I have been forecasting for a trend change to bearish for several weeks, will 2021 finally start to favor the bear?? This is a hard question to answer, however one thing that I know is from the technical standpoint it says so,.. and it will be a MASSIVE one.
This chart that I show is just a portion of a multi high TF (Daily and above) corrective ascending structure and the price is now really at the top (high value area) of these structure. We close last week with a bit momentum to the downside (At least in the short term). I see no other option to make use of this upcoming bearish trend beside from take the short entry as early as possible as it shows any sign of reversal.
I’m now anticipating a bit further move to the downside and forming a small bearish continuation structure (H1 or M15 depending on structure). I will take a short entry as the price break the bearish continuation structure.
Lets see how will this pair develop. Good Luck
__________________________________________________________________________________________________________________________________________________________________
Here is the MOA FX technical analysis, please comment below if you have any question.
The ENTRY in the market will be taken only if the condition of the MOA Fx strategy will trigger.
__________________________________________________________________________________________________________________________________________________________________
AUDUSD - wait false break outFar level retest.
The price is returned for the retest level the previous touch of the level more than 1 month ago. Moreover, a strict number of false breakdowns.
Push like if you think this is a useful idea!
Before to trade my ideas make your own analysis.
Write your comments and questions here!
Thanks for your support!
NZDUSD - Forecast UPDATE!!Welcome traders to a free analysis breakdown.
Today I am highlighting possible trade ares on AUDUSD, if you any questions on the pair let me know in the comment section below.
Once the pair gives us a valid trade entry I will be sharing the trade with the Alpha community, I hope you all found this breakdown helpful .
If you liked this free educational please like and follow the channel, there is lots more valuable content right around the corner.
Feel free to comment a pair or subject you would like me to cover next.
Trade Safe
Alpha Trading Group.
AUDUSD - Are we going to see the short ?Today I am highlighting possible trade ares on AUDUSD, if you any questions on the pair let me know in the comment section below.
Once the pair gives us a valid trade entry I will be sharing the trade with the Alpha community, I hope you all found this breakdown helpful .
If you liked this free educational please like and follow the channel, there is lots more valuable content right around the corner.
Feel free to comment a pair or subject you would like me to cover next.
Trade Safe
Alpha Trading Group.
AUDUSD – Is it the turning point now??AUDUSD has reach the top of HTF structure with structural approach (expanding structure) on multi LTF structure.
Its signalling a weakness in how the price reach this area and giving signal for a turn to the downside, at least for short term. Meanwhile, I still hold on to my AUD long term bearish view,..
I set a sell order here with 20 pips sl at 0.76100. Lets see how far will this pair go this time. Good Luck
__________________________________________________________________________________________________________________________________________________________________
Here is the MOA FX technical analysis, please comment below if you have any question.
The ENTRY in the market will be taken only if the condition of the MOA Fx strategy will trigger.
__________________________________________________________________________________________________________________________________________________________________