Get started

Aussie

We prefer to set shorts EURAUDEURAUD - Intraday - We look to Sell at 1.4625 (stop at 1.4725) Previous support located at 1.4500. Previous resistance located at 1.4550. Further downside is expected although we prefer to set shorts at our bespoke resistance levels at 1.4625, resulting in improved risk/reward. A move through 1.4500 will confirm the bearish momentum. Our profit targets will be 1.4375 and 1.4350 Resistance: 1.4550 / 1.4625 / 1.4700 Support: 1.4500 / 1.4450 / 1.4375 Risk Disclaimer The trade ideas beyond this page are for informational purposes only and do not constitute investment advice or a solicitation to trade. This information is provided by Signal Centre, a third-party unaffiliated with OANDA, and is intended for general circulation only. OANDA does not guarantee the accuracy of this information and assumes no responsibilities for the information provided by the third party. The information does not take into account the specific investment objectives, financial situation, or particular needs of any particular person. You should take into account your specific investment objectives, financial situation, and particular needs before making a commitment to trade, including seeking advice from an independent financial adviser regarding the suitability of the investment, under a separate engagement, as you deem fit. You accept that you assume all risks in independently viewing the contents and selecting a chosen strategy. Where the research is distributed in Singapore to a person who is not an Accredited Investor, Expert Investor or an Institutional Investor, Oanda Asia Pacific Pte Ltd (“OAP“) accepts legal responsibility for the contents of the report to such persons only to the extent required by law. Singapore customers should contact OAP at 6579 8289 for matters arising from, or in connection with, the information/research distributed.'
Short
by OANDA
AUDUSD - I am bullish!AUDUSD - I am bullish I've been bullish on the Australian economy overall, it is less 'damaged' compared to EU & US - It isn't as strong as AUD even when you see data wise and as well as currency strength, it's Aussie ahead! I am more bullish AUD compared to other FX pairs including this it is a commodity FX pair and this you can research in your own time or seek out the various platforms I am part of and question further. Technically, we have been within a channel bullish momentum continues but take a look at this trendline down, we have hit it many times. Now we are testing it again, if we go above I expect this 0.70100 areas and perhaps LT 200EMA. However, for now any pull back give and as long as we stay above 0.68560 areas i'd be buying dips and excelling further. Next week main data front: FOMC 75 Not Investment Advice. TJ
by Trade_Journal
Double Top formation on AUDJPYAUDJPY - Intraday - We look to Sell at 94.00 (stop at 94.85) Previous support located at 93.00. Previous resistance located at 94.00. Posted a Double Top formation. Risk/Reward would be poor to call a sell from current levels. The measured move target is 92.00. Our profit targets will be 92.15 and 92.00 Resistance: 93.50 / 94.00 / 94.50 Support: 93.00 / 92.50 / 92.00 Risk Disclaimer The trade ideas beyond this page are for informational purposes only and do not constitute investment advice or a solicitation to trade. This information is provided by Signal Centre, a third-party unaffiliated with OANDA, and is intended for general circulation only. OANDA does not guarantee the accuracy of this information and assumes no responsibilities for the information provided by the third party. The information does not take into account the specific investment objectives, financial situation, or particular needs of any particular person. You should take into account your specific investment objectives, financial situation, and particular needs before making a commitment to trade, including seeking advice from an independent financial adviser regarding the suitability of the investment, under a separate engagement, as you deem fit. You accept that you assume all risks in independently viewing the contents and selecting a chosen strategy. Where the research is distributed in Singapore to a person who is not an Accredited Investor, Expert Investor or an Institutional Investor, Oanda Asia Pacific Pte Ltd (“OAP“) accepts legal responsibility for the contents of the report to such persons only to the extent required by law. Singapore customers should contact OAP at 6579 8289 for matters arising from, or in connection with, the information/research distributed.'
Short
by OANDA
Selling EURAUD at trend resistanceEURAUD - Intraday - We look to Sell at 1.4700 (stop at 1.4800) Previous support located at 1.4550. Previous resistance located at 1.4600. There is no clear indication that the downward move is coming to an end. A higher correction is expected. Risk/Reward would be poor to call a sell from current levels. Our profit targets will be 1.4450 and 1.4400 Resistance: 1.4600 / 1.4700 / 1.4800 Support: 1.4550 / 1.4500 / 1.4450 Risk Disclaimer The trade ideas beyond this page are for informational purposes only and do not constitute investment advice or a solicitation to trade. This information is provided by Signal Centre, a third-party unaffiliated with OANDA, and is intended for general circulation only. OANDA does not guarantee the accuracy of this information and assumes no responsibilities for the information provided by the third party. The information does not take into account the specific investment objectives, financial situation, or particular needs of any particular person. You should take into account your specific investment objectives, financial situation, and particular needs before making a commitment to trade, including seeking advice from an independent financial adviser regarding the suitability of the investment, under a separate engagement, as you deem fit. You accept that you assume all risks in independently viewing the contents and selecting a chosen strategy. Where the research is distributed in Singapore to a person who is not an Accredited Investor, Expert Investor or an Institutional Investor, Oanda Asia Pacific Pte Ltd (“OAP“) accepts legal responsibility for the contents of the report to such persons only to the extent required by law. Singapore customers should contact OAP at 6579 8289 for matters arising from, or in connection with, the information/research distributed.'
Short
by OANDA
2
Stalling momentum indicates a turnaround is possible on AUDUSDAUDUSD - Intraday - We look to Sell at 0.7005 (stop at 0.7050) Daily signals for sentiment are at overbought extremes. Although the bulls are in control, the stalling positive momentum indicates a turnaround is possible. This is negative for short term sentiment and we look to set shorts at good risk/reward levels for a further correction lower. Preferred trade is to sell into rallies. Our profit targets will be 0.6875 and 0.6680 Resistance: 0.7170 / 0.7430 / 0.7660 Support: 0.6915 / 0.6680 / 0.6540 Risk Disclaimer The trade ideas beyond this page are for informational purposes only and do not constitute investment advice or a solicitation to trade. This information is provided by Signal Centre, a third-party unaffiliated with OANDA, and is intended for general circulation only. OANDA does not guarantee the accuracy of this information and assumes no responsibilities for the information provided by the third party. The information does not take into account the specific investment objectives, financial situation, or particular needs of any particular person. You should take into account your specific investment objectives, financial situation, and particular needs before making a commitment to trade, including seeking advice from an independent financial adviser regarding the suitability of the investment, under a separate engagement, as you deem fit. You accept that you assume all risks in independently viewing the contents and selecting a chosen strategy. Where the research is distributed in Singapore to a person who is not an Accredited Investor, Expert Investor or an Institutional Investor, Oanda Asia Pacific Pte Ltd (“OAP“) accepts legal responsibility for the contents of the report to such persons only to the extent required by law. Singapore customers should contact OAP at 6579 8289 for matters arising from, or in connection with, the information/research distributed.'
Short
by OANDA
Joe Gun2Head Trade - Fading the correction in AUDCADTrade Idea: Selling AUDCAD Reasoning: Move higher stalling? Entry Level: 0.8914 Take Profit Level: 0.8848 Stop Loss: 0.8930 Risk/Reward: 4.39:1 Disclaimer – Signal Centre. Please be reminded – you alone are responsible for your trading – both gains and losses. There is a very high degree of risk involved in trading. The technical analysis , like all indicators, strategies, columns, articles and other features accessible on/though this site is for informational purposes only and should not be construed as investment advice by you. Your use of the technical analysis , as would also your use of all mentioned indicators, strategies, columns, articles and all other features, is entirely at your own risk and it is your sole responsibility to evaluate the accuracy, completeness and usefulness (including suitability) of the information. You should assess the risk of any trade with your financial adviser and make your own independent decision(s) regarding any tradable products which may be the subject matter of the technical analysis or any of the said indicators, strategies, columns, articles and all other features.
Short
by Signal_Centre
Euro vs. Aussie - Medium Term Trading Idea - 22 July 2022FX:EURAUD dropped over 2000 pips in Q1. Q2 was really interesting accumulation period, still in corrective waves. After 700 pips strong drop in July it is good time to position for the next 2 months till end of September What is the supported thesis technically for the expected scenario on EURAUD? - Big capitulation is already done and 700 pips sharp move - Accumulation and still in A-B-C corrective wave - Strong support @ 1.4570 If you have any questions related to this trading idea I will be happy to provide you with answers. FX:EURAUD
Long
by TradingTie
Stalling negative momentum indicates a turnaround on GBPAUDGBPAUD - Intraday - We look to Buy at 1.7253 (stop at 1.7132) Although the bears are in control, the stalling negative momentum indicates a turnaround is possible. A move lower faces tough support and we remain cautious on downside potential. Bespoke support is located at 1.7250. We therefore, prefer to fade into the dip with a tight stop in anticipation of a move back higher. Although the anticipated move higher is corrective, it does offer ample risk/reward today. Our profit targets will be 1.7596 and 1.7700 Resistance: 1.7600 / 1.7800 / 1.8200 Support: 1.7250 / 1.6800 / 1.6000 Risk Disclaimer The trade ideas beyond this page are for informational purposes only and do not constitute investment advice or a solicitation to trade. This information is provided by Signal Centre, a third-party unaffiliated with OANDA, and is intended for general circulation only. OANDA does not guarantee the accuracy of this information and assumes no responsibilities for the information provided by the third party. The information does not take into account the specific investment objectives, financial situation, or particular needs of any particular person. You should take into account your specific investment objectives, financial situation, and particular needs before making a commitment to trade, including seeking advice from an independent financial adviser regarding the suitability of the investment, under a separate engagement, as you deem fit. You accept that you assume all risks in independently viewing the contents and selecting a chosen strategy. Where the research is distributed in Singapore to a person who is not an Accredited Investor, Expert Investor or an Institutional Investor, Oanda Asia Pacific Pte Ltd (“OAP“) accepts legal responsibility for the contents of the report to such persons only to the extent required by law. Singapore customers should contact OAP at 6579 8289 for matters arising from, or in connection with, the information/research distributed.'
Long
by OANDA