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Aussiedollar

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
AUDJPY - THE TREND IS YOUR FRIEND (AUDJPY)Hello friends. For some time now, AUDJPY has been downtrending after finding it's place under the .236 speedfan resistance. Now, a short term rally may provide us with an opportunity to cash in on this trend once again. Now, this trade IDEALLY would have been taken at the 62% retrace - 88~ Already, we have touched the 127% extension. I believe this rally is a result of grinding against the fib circle shown on the chart. This trend is strong, so I see no reason why the 162% extension can't be our new target. At least, I expect a retest of the 127% extension. A good entry would perhaps be a retest of the 0 line of the impulse wave - 76. Stop loss would be a breakout of the .236 resistance. Careful here, we could see a pop to the top of the channel. This trade isn't beautiful, but with a 3.13 RRR I think we can take it just fine. Smaller positions will do well here. Good luck traders.
Short
by vox-populi
Aussie: Bulls Very Strong!Hello dear Forex friends, hope you're doing well guys! Our last analysis was spot on, as we've correctly identified the bottom bounce. Now after this huge bull move up, we can expect the bulls to pause, but they're still very strong if we look at the Daily consolidation with the Doji's. Have fun watching! ;) If you had some value from my analysis, give it a thumbs-up & comment it, because the mechanism shows my analysis to other people then. Make also sure to follow me so you get notified on my analyses! I wish you a good trading! :) Edgy is providing online education 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_
Australian dollar possible short term upwards correction Australian dollar possible short term upwards correction but are we going to see a continuation of the down trend? The Australian dollar has been under pressure from a strong USDOLLAR and persistent weakening of monetary policy in the region. I'd expect to see some pullback here and see what happens as it could continue sharply lower as we have seen this year. If we continue making higher highs expect a quick return to the 0.695 where a test will be made a probably test the low again.
by lavishlunch