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Aussiedollar

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
AUD/USD: Arrived At Previous Crucial S&R Zone!Hello my dear Forex friends and welcome to this Aussie/Dollar technical analysis & price prediction! The possibility of easing in the ongoing US-Chinese trade war has propelled the AUD/USD to the previous crucial 68,5 to 69 Cent psychological S&R Zone. A reaction from the bears would be expected here, but be cautious: We could go into extremes before that happens! Our predictive Odin framework literally killed it in this bullish play, by giving the buy signal at 67,5: You can get your 7-Day-Trial version and thank me later! ;) If you had some value from our analysis, give it a thumbs-up & comment it, because the mechanism shows our analysis to other people then. Make also sure to follow us so you get notified on our analyses! I wish you a good trading! :) Edgy is providing online education & indicators only. We are not a financial advisor, nor do we hold any formal qualifications in this area. You're trading at your own risk. No matter what you do, please set your stop loss. Please be aware, that you can lose all your money on the online exchanges.
Short
by Edgy_
Aussie Strength? - AUD/USD Ichimoku Long Trade SetupThe Aussie gained a little bit of strength last week, pushing up and above prior price structure resistance we can see to the left of price. I am looking for this bullish run to continue, but I want to enter on a retest of price structure support. If we can get that in the form of a drawback and a good support candle form, then I'll look to get long. If we look on the far left we've had some price structure we can aim for in the even that this bullish form continues. If we fail to continue to hold bullish signs or we fail to get a drawback for a good entry, this setup may become invalidated.
Long
by The808Trader
Aussie: Runar Called The Breakout! Hello my dear Forex traders, and welcome to this Aussie technical analysis! ;) I will show you in this video how I personally killed it yesterday, and how you can too. Have fun watching! ;) If you had some value from our analysis, give it a thumbs-up & comment it, because the mechanism shows our analysis to other people then. Make also sure to follow us so you get notified on our analyses! I wish you a good trading! :) Edgy is providing online education & indicators only. We are not a financial advisor, nor do we hold any formal qualifications in this area. You're trading at your own risk. No matter what you do, please set your stop loss. Please be aware, that you can lose all your money on the online exchanges.
Long
by Edgy_
AUDUSD employment data out may trigger volatilityThe AUDUSD trade action is set to heat up as employment data is due out at 11:30am AEDT. If the numbers come out stronger than expected, buyers will dive into the action to lift price and squeeze out recent shorts. If numbers are weaker then expect further pressure lower from sellers. Either way expect some chop both up and down as the big boys reset the market. ** If you enjoy our free content, please follow our profile, by hitting the Follow button, at www.tradingview.com to get further high quality ideas. ** ** Any comments and likes are most welcome and will be greatly appreciated. ** ** With high quality alerts and correct Risk Management, you can learn consistency and grow your account **
by TradeTheStructure
ORBEX AUDUSD: Correction to Wave (4) Could Validate Bears!I am not certain whether the current structure on the AUDUSD structure is corrective or not. Fibo levels suggest it is, but this could be easily invalidated. It is a minor 5 down to 0.6676 and either a a) reversal, where an impulse 5-wave move is going to take place, or a b) correction that is going to complete intermediate wave 4 and head lower near 0.66 -(100% FE of intermediate wave 1, or else, duplication of intermediate wave 1). Since we have not received an invalidation at the 0.7000, or a sign of a stronger bullish bias as of yet by breaking outside the descending channel, I analyse scenario b). In case prices stop by the descending trendline resistance or at 70c. and reverse down, the chances of reaching 66c would increase. The validation would be supported after a successful breakout below the previous low at 0.6676. Should bears take over once again we could head minimum down to 0.6800 nevertheless. Stavros Tousios Head of Investment Research Orbex This analysis is provided as general market commentary and does not constitute investment advice.
Short
by Orbex