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Audusdsell

Aud / Usd executed well. can we sell now?Aud / Usd executed well. can we sell now? if you see my previous analysis history s3.tradingview.com The price respects the trendline well, with the price falling again when it hits the trendline resistance. On its way, the price has broken through the validation line to sell, I will run this trading plan, with an invalid limit at point D. with the meaning that, as long as the price does not exceed point D, I will focus more on finding opportunities to sell. this opportunity could bring us to the price of 0.68300 in the next few weeks. are you ready to sell?
by Hokusai_FX
1
AUDUSD-Daily (Bear is ruling the AUDUSD) Next levels to watchAUDUSD After reaching the year high around 0.74000 from yearly low around 0.56000 which is a 1800 pips rally. At 0.74000 it got some rejection and felled towards 0.70000 level which is a .786 Fibonacci retracement level and September 2020 low. From this point AUDUSD bounced back towards 0.72000 as a short term bullish correction. Currently the AUDUSD was driven by the risk sentiment and political developments around the world. In daily chart yesterday its leaves a gravestone doji which is a clear sign of continuation of the bearish trend and today Reserve bank of Australia governor Mr. Lowe hinted that RBA is ready to act to easy further and cut the rates even below zero to maintain the economy afloat. The unemployment rate was slowly increasing and the local economic development is facing some hurdles to recover from the pandemic shock. The recent political development with People republic of china will also weigh this Proxy pair Australia is heavily rely on the China for Both the imports and exports In recent days The Australian government is facing series of import bans. As the vaccine development facing some minor issues such as serious side effects on the candidates who are tested with pre approved vaccines has poured some cold water on the virus infection curtailment Around the world many countries are implementing the second, third tier lock down measures to contain the virus infection. These fundamental factors will drive the AUDUSD. And the Economic stimulus talks in the USA will also weigh on AUDUSD as the hope for stimulus talks worth around 1.8 Trillion was slowly waning which is will boost the strength of USD in turn AUDUSD will fall further .786 Fibonacci will act as next resistance for the Bearish trend. If this level was broken then the downside swing target would be 0.67000 which is comes around .618 Fibonacci retracement level and March 2020 High On Elliot wave theory the second wave was completed and the third wave was underway. I am expecting the 3rd will end at .618 Fibonacci level The price is well below the Point of control on visible volume profile range. Today daily candle close will decide the next upcoming movement of AUDUSD if the price closed below or at current level then it will leave a strong bearish engulfing candle Currently 100 Exponential moving average is holding this pair against further drop and the current price is well below the 20,50 Exponential moving averages. If the 100 EMA was broken then 200 EMA will act as major resistance for the bear. Relative strength index is well below the 50 And pointing towards south. MACD is about to turn red and going to cross the middle line 💌 Leave your valuable comments and suggestions related to this idea in the comment section. Thanks for your time. Good day guys 💝
by forexorbit
AUDUSD - SWING - 07. OCTO. 2020Welcome to our weekly trade setup ( AUDUSD )! - 1 HOUR Very bearish break and pressure. 4 HOUR Small pullback after breaking into the range. DAILY Overall good short entries, prices too high imo right now. - FOREX SWING SELL AUDUSD ENTRY LEVEL @ 0.71380 SL @ 0.72000 TP @ 0.70500 Max Risk. 0.5% - 1%! (Remember to add a few pips to all levels - different Brokers!) Leave us a comment or like to keep our content for free and alive. Have a great week everyone! ALAN
Short
by DACapitalTrading
88
AUDUSD - Outlook 3 October 2020 - Are the bears ready?Hi all traders, This is a video analysis on AUDUSD. Are the bears ready to takeover, click into the video analysis and you see those levels as explained in the video. Take note of those levels as it would be important for you to have a look and trade safely for this pair. Cheers and thank you! ***Follow me on tradingview**** ****Like and share with all your friends for this video analysis**** Have a nice day all traders!
by FxTradingWarrior
3
audusd sell?hey traders, since 18th march we have been in an uptrend, however price has since broke that long uptrend and pulled all the way down to a weekly support. I now expect some correction and a pullback to the 72.500 region (possible short buy opportunity). IF price rejects this pullback region, we can expect a drop to the weekly support (tp1). If price rallys and breaks the weekly support which turns it into resistance, it may give us an opportunity to scale in and enter another sell down to the 0.382 region lets see how price action goes
by TradewithDann
AUDUSD what will be the next stop - Detailed analysisAUDUSD If we observed closely the Volume profile if the price broke below of upper side of POINT OF CONTROL its tend to move on the upper hand side either bullish/bearish. After reaching the 0.74000 key psychological level its got some major rejection and felled below August low and reached 0.70000 key psychological level The negative risk sentiment has influence this pair negatively and seen a deeper correction. And felled below 50% Fibonacci retracement level broadly. The Economic condition in Australia is deteriorating as the manufacturing sector facing a pandemic shock. And the Diplomatic relationship with People republic of China is strained in recent days as the Former country is imposing wide range of ban to the imports such us beef,wines,oats etc. And Central government of Australia is asking a probe against china for the epidemic of corona virus. And the Australian government is preparing to unveil locality based lockdown measures to curtail the spread of infections and in State of Victoria the lock down is already imposed AUD is the Proxy currency tend to react to the market positive/negative sentiment rather than local factors. Positive vaccine news and the economy rebound around the world will boost up the AUD pair along with the NZD On technical front 200 SMA is acting as barrier for the bull in 4hr timeframe coordinates with 50% Fibonacci retracement level. Above that 38.2% Fibonacci (0.72585)will act as support level for the Bear and its coordinates with the upside trend line. And above which August high level act as another support level for the bear We can expect sellers will push the price towards south from this level and the downside target would be 0.71350 and swing target would be 0.70000. And even may reach the lower trend line area If the Price broke the 0.73450 then the bearish trend will get invalidated. and the bullish target would be 0.74110 which is a September month high Hourly In one hour timeframe the price moved above the 200EMA and RSI has reached overbought territory we may expect short term downward moment towards 200 EMA currently lying at 0.71400. At the time of writing a doji candle has formed which indicates the continuation of the bullish run Daily In daily timeframe the Strong bullish engulfing candle was formed on September 28 and AUDUSD went bullish for the four straight day. Ichimoku cloud is slightly turn red and pointing towards south. RSI managed to push above the 50 level Weekly In weekly timeframe the bullish candle is still hiding under the strong bearish candle and 200 EMA capped the upside rally today Please give us a like if you found useful. And follow our profile
Short
by forexorbit
AUDUSD, 4hr tf, sell to ride Ellitt Wave 5th waveHello my friends, This is the first day of October and i hope everyone gonna have a good trading month. The first trade i took for October is selling AUDUSD. I used Elliott Wave analyis for this trade and taking sell position as i found that price already finished moving with wave-4. Wave-5 gonna be anoter downward movement so we will ride it. Wave-4 rule is it never touch wave-1, in this case we will use wave-1 area as a stop loss to invalidate our analysis. Wave-5 usually retrace to 76.8-127.2% of wave-4 but i am gonna use conservative target and aim the 76.8% fibonacci Sell AUDUSD 0.7185 Stop loss 0.7120 Take profit 0.7150 RR raio is 1 : 3.8 Use only 1-2% risk Good luck Disclaimer : I sold AUDUSD at 0.7185
Short
by HayatoDragonFX