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Audusdsell

AudUsd- Is Aussie finally done?From the beginning of June, AudUsd is trading in an ascending channel which is contracting and contracting and looks more like a rising wedge. We also have a false break above the channel's resistance which, in my opinion, marks the top for the pair. Is clear for me that Aussie lacks power at this point and a much-nedded correction is just around the corner. At the time of writing AusUsd is trading at 0.7266 and a daily close under 0.7250 would reinforce my opinion and should trigger sales for the pair. My soft target for this pair is 0.7 but Aud can fall even to 0.68 which is the target for the rising wedge pattern
Short
by Mihai_Iacob
2
AUDUSD is trading in a channel Bearish divergence is formingAUDUSD Reserve bank of Australia latest monetary decision clearly shows us the optimism over the market and the risk appetitive was growing recently. Mostly they will follow the inflation targeting method as central bank of America. Vaccine development news was the supportive factor for the Aussie dollar rather than their national economic development. Previous month the GDP was plunged to the record low level. Most of the sectors are showing some sign of recovery after the pandemic situation. After reaching September high 0.74120 the price was dropped to the 0.72000 major psychological level And low volume level. And USD has recovered some of the earlier loses. Price is currently trading below the 38.2Fibonacci retracement level. And rising channel is also forming. This may consider as a larger bearish flag formation On higher timeframe. The price is trading above all the 50,100,200 exponential moving average. On Elliot wave principal the second wave is almost completed in minuette level after the minor correction waves. 0.73000 will act as resistance for the bearish trend. RSI is pointing towards bearish trend as its reached 70 level. RSI pattern shows as a bearish divergence. The Primary target would be 0.72000 Key levels 3 Month high -0.74133 3 Month low - 0.68065 6 Month high - 0.74133 6 Month low -0.55098 yearly high - 0.74133 yearly low - 0.55098 Pivot points R3 0.7338 R2 0.7334 R1 0.7329 PP 0.7325 S1 0.7320 S2 0.7316 S3 0.7311 Please give us a thumbs up if u like our work and do follow us so that you can get a regular update about upcoming setups and ideas Disclaimer It’s not a financial advice. Do the analyze and take a decision.
Short
by forexorbit
AUDUSD - SWING - 14. SEPT. 2020Welcome to our weekly trade setup ( AUDUSD )! - 1 HOUR Bearish market open following mid term trend. 4 HOUR Break below main sr level, expecting further downside pressure. DAILY Good short entries following pa. - FOREX SWING SELL AUDUSD ENTRY LEVEL @ 0.72720 SL @ 0.73180 TP @ 0.72080 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
40
STEVIE WONDER doing technical analysis.0.71900 is a strong support and resistance level as you can see from where i have marked with arrows on the chart, historically price touches this level and bounces, if you do a bit of back testing you can see for yourself. Also bulls have tried to push price through this level for the last 5 weeks failing to do so, this week i see bears taking control and pushing price lower with USD continuing its strength on from Friday. This setup is so simple its almost too good to be true, but this trade will probably be your most profitable 1 this year. I suggest only to take this trade if your own analysis lines up with mine! It is never good going into a trade blindly, if that's what you do then you might as well ask Stevie Wonder to do your technical analysis. You will never get anywhere in trading or life in that matter if you want everything done for you and handed to you on a plate! The world doesn't like lazy people. Anyway if you want to know anything don't be scared to message me.
Short
by FreeForexSignals
AUD/USD SELL SIGNAL Hey tradomaniacs, welcome to a new free trading-setup. Notice: This is meant to be a preparation for you! As always we will have to wait for a confirmation! AUD/USD: Daytrade-Execution Market-Sell: 0,71770 Stop-Loss: 0,72180 Target 1: 0,71360 Target 2: 0,71080 Target 3: 0,70845 Stop-Loss: 44,5 pips Risk: 0,5 % - 1% Risk-Reward: 2,30 LEAVE A LIKE AND A COMMENT - I appreciate every support! =) Peace and good trades Irasor Wanna see more? Don`t forget to follow me. Any questions? PM me. :-)
Short
by Trading2ez
8
AUDUSD - SWING - 20. AUGU. 2020Welcome to our weekly trade setup ( AUDUSD )! - 1 HOUR Very bearish price action and pressure towards previous lows. 4 HOUR Price broke and closed below main sr level. DAILY Expecting prices to drop further! - FOREX SWING SELL AUDUSD ENTRY LEVEL @ 0.71590 SL @ 0.71860 TP @ 0.71180 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
34