Get started

Aussiedollar

AUD/USD Remains Depressed The AUD/USD made a bearish bounce from the previous high 0.6938, which has created a double top chart pattern. There is also the 61.8% Fibonacci retracement level right there as well, showing that area to be very difficult to overcome but if we can do so, that should send this market much higher. It looks as if the Australian dollar is trying to rally longer-term, as we move back and forth via the US/China trade deal. The 50-day SMA is starting to turn to the upside and could offer a significant amount of support. A break above it could send this market towards the 200-day SMA (0.6907) and the above-mentioned key resistance area. A sustainable movement above 0.6938 will extend the rebound from 0.6670 to 100% projection of 0.6670 to 0.6929 from 0.6754 at 0.7013 next. While deeper retreat could be seen, further rise remains mildly in favor as long as 0.6800 support holds. However, a clear break of 0.6800 will turn bias back to the downside for re-test 0.6754 support instead. Feel free to share your thought in the comment section bellow.
by ForexTrendline
1
AUD/USD: Swingtrade-Opportunity#NICE R-RHey tradomaniacs, welcome to another free signal! Important: After the retest of the secondary trendline AUD/USD was breakingh out I expect the market to retrace this strong momentum in order to conbtinue the primary trend of the daily chart. Wait for the retest and rejection of the horizontal Resistance-Area before you sell. Type: Swingtrade Market Sell: 0,68660 Stop-Loss: 0,69010 Target 1: 0,68330 Target 2: 0,67960 Target 3: 0,67610 Stop-Loss: 35.0 pips Risk: 1-2% Risk-Reward: 3,0 ----------------------------- 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
Aussie Bearish Move - AUD/USD Ichimoku Short TradeThis pair struggled to break the kumo before finally getting the push out towards the end of last week. I am looking for a retest of the edge of the kumo and price structure to form a good rejection candle to enter my sell. I've drawn out a couple targets but you can see the major price structure level I'm aiming for that lines up with the flat bottom of a previous kumo. If we fail to get the drawback to our entry level or if our bearish confirmations change, then this setup may become invalidated.
Short
by The808Trader
AUDCAD buy 1 & 2 hitSo im looking for another move up. We are holding support at a very important level on the 4H. I see us going up another level to 127 or 161 fib ext. Intraday traders risk trade here Fakeout entries and a good pullback to pickup orders between the impulse space is still possible so buyers are watching and sitting at the breakout point. We have a bullish flat pennant. INV head n shoulder inside a 3 - 5 higher "W" leg formation and a 4H impulse right this second trying for the 3rd time to break the intraday buyers point of watch. We also have divergence on 4HR frame going into bullish stochastic. The tighter and more slim the ABCD move the faster we lose momentum. The wider and more consolidation the more strength there is built for the pivot move that happens. I am bullish to the sell zone and bearish when we get there. I am bullish longterm AUD any chance I can. :) Thoughts? Simple analysis and quick for everyone to see and view. Much love. Trade safely. Manage Risk as always! Comment / Like / Support please
Long
by AschraM
ORBEX: RBA Stays Put, Keeps Inflation Outlook Unchanged!In today’s #marketinsights video recording, I talk mainly about #RBA and why #Aussie in somewhat bid and I also touch #eurodollar. #AUDUSD, despite yesterday's slide and regardless of trade war narratives, was pushed higher earlier in the session on the back of RBA's hold. The pair was supported as the bank kept the inflation outlook unchanged and reiterated that the economy is indeed in a changing state. That, of course, gave hope to investors and the like. #EURUSD on the other hand, also weak yesterday on the back of a stronger dollar, remains under pressure as Euro Area PMIs remain far from expansion. Stavros Tousios Head of Investment Research Orbex This analysis is provided as general market commentary and does not constitute investment advice
by Orbex
AUDUSD Reversal/Cup and Handle?AUDUSD on the daily showing a nice pattern here with a first confirmed higher low indicating the beginning of an uptrend after a long downtrend. This is all analyzed by using market structure. We reversed at a major support/flip level and some may see a double bottom and even a cup and handle break out that just occurred. Our target will be the 0.7025 zone. The Aussie pairs in general look very good like AUDJPY, EURAUD (as discussed), GBPAUD and AUDCAD (which has already had a major move),=.
Long
by Uncharted-FX