AUD/USD Testing SupportThis is testing a support level, if it holds then a long can be taken to the next resistance around 0.80600. The environment is still very bearish as can be seen on the MACD but if the support continues to hold and it turns more bullish on MACD and EMA's then a long can be entered. SL just below to the lowest point of support and TP at 0.80600. Must wait for confirmation.
Audusdtrade
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 210 Pips bounce was expected will it break 0.76000 levelAUDUSD
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⏳1 Hour chart
🎲 Swing trade
⛳️Bullish entry/Alternative bearish entry
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Detailed analysis 💬
1️⃣ Parabolic move in AUDUSD
2️⃣ Strong break of 0.75000 level
3️⃣ Positive risk sentiment, Vaccine news, Selling off USD
4️⃣ 0.74500 50% Fibonacci Dynamic support and resistance
5️⃣ 0.75200 78.6% Fibonacci Dynamic support and resistance
6️⃣ 0.74300Point of control - Volume profile
7️⃣ Technical support - Bullish
8️⃣ 0.76500 will acted as key reversal-bearish
9️⃣ Series of HH,HL,HH,HL patterns
🔟 Possible swing target-0.80000
#️⃣ Overall long-term trend- Bullish
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📉 Technical bias-Day-Bullish
Price is above 50,100,200 Exponential moving average
50 Exponential moving average will act as support-Bullish
Ichimoku cloud -cloud is still green-Price is well above the cloud
Bollinger band- Price reached around the middle side of the band-Short term bearish correction towards middle band was expected-Inclined towards parabolic structure
Relative strength index - Around 50 - Bullish rebound was expected
MACD -Histogram is still in red zone, Oscillators are about to cross
Stochastic - Reached around 25- oversold condition will give a medium term pull back was expected
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Key reversal area's
0.75000 psychological level
0.74300 Point of control area Volume analysis
0.76000 Topside resistance
76.200 Break and retest area
0.80000 Major psychological level
0.75200 Possible entry- Bull
0.74860 Recent support level/Strong support level
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Bullish entry #aussiedollar #greenbeck #audusd
Entry price - 0.75200
Take profit 01 - 0.76100
Take profit 02 - 0.77300
🚫 Stop lose 0.74700
⬆️ 2.79 Growth expected
⤴️ Account growth .66: 2.79
✅ Risk reward ratio 1 : 4.2
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AUD/USD SELL SIGNALHey tradomaniacs,
welcome to a new free trading-setup.
AUD/USD: Daytrade-Execution
Sell-Limit: 0,74155
Stop-Loss: 0,74380
Point-Of-Risk-Reduction: 0,73995
Take-Profit: 0,73715
Stop-Loss: 23 pips
Risk: 0,5% - 1%
Risk-Reward: 1,95
LEAVE A LIKE AND A COMMENT - I appreciate every support! =)
Peace and good trades
Irasor
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AUDUSD - SHORTAUDUSD - we saw a test of the lows around 0.70 then bounced back up to 0.7133 . We are fast approaching the 0.7140 downward trend line and sell zone.
We could head past the trend line in the short term with all the current swings we are experiencing and I will therefore sell another clip around 0.7175 if we get there.
However, if we do manage to stay below the 0.7140 trend line and 0.7152 fibbo resistance, the pair could see further momentum to the downside.
Fundamentally, this asset responds negatively to volatility and a risk off mood that we could experience towards the US election. The markets are pricing in a blue wave and USD extremely weak at the moment, I do believe this could change and we could see some risk off mood over the election causing downward pressure on this pair!
Entry: 0.7133
TP: 0.6980.
AUDUSD LONG in the short termAUDUSD is position at price @ 0.7324 for a bull run . This is a short term analysis.
Overall, we should expect a pullback of price around @ 0.7324 and 0.7333 and if the price closes below @ 0.7333 then our move will be short to the downside with target price @ 0.7207 and @ 0.7197
I am bullish until the price reaches @ 0.7324
Good Luck Traders.
The probability of the end of wave A and the beginning of the doThe Ending Diagonal pattern is placed in the 5th wave from point C, by the completion of wave 4, wave 5 is finished in the range of 0.74135. In order to confirm the downtrend, initially the uptrend line must be broken, for the confirmation of the main downtrend, the price needs to cross the range of0.7132, which is the end of wave 4.
AUD/USD WEEKLY FORECASTHello Traders, here is the full analysis for this pair, let me know in the comment section below if you have any questions, the entry will be taken only if all rules of the strategies will be satisfied. I suggest you keep this pair on your watchlist and see if the rules of your strategy are satisfied
AUD/USD shortAUDUSD has been trading around a key level of support and resistance. I see a possible slight head and shoulder formation forming a triple top. Will be seeing how this pair reacts this week if it gets to that ray line correctively, ill be taking a short. If it impulses down creating a bear flag formation will be taking a short position. These are the two moves ill be looking for. Maybe with a possibility of a third trend line tap for a third entry possibility. Will be watching this throughout the week.
Short $AUDUSD against .7000
Hello Sophisticated Trader,
The $AUDUSD as finally showed some form of reversal that now put .6700 in view. The break of the 100MA on the 4hr indicates that the pair may test the breakout levels before deciding what it wants to do. The double top with January high could also be an indication that a long term top is in place. However, we will wait and see. For now, we will short .6910 SL .6950 a close above, the target of .6700.
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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.