AUS/USD ANALISISSOPORTE EN 0,70761 PARECE FUERTE , EL PRECIO LO CRUZO EN CAIDA PARA VOLVER A SOBREPASRLO AHORA LO UTILIZARA PARA CREAR ALGUNA ONDA DE CONSOLIDACION ENTRE 0.71440 Y 0,70761 , O DISPARARSE HACIA 0,71935 , ESTO SI AUD NO SE VE LASTRADO POR LOS MALOS REGISTROS , ADEMAS HAY QUE TENER EN CUENTA QUE LA GUERRA COMERCIAL , LLEVA A CHINA A APOYAR LA MONEDA AUSTRALIANA YA QUE ES UNO DE SUS MAYORES CLIENTES Y APOYOS , POR LO QUE SI EL INDICE DEL DOLAR SE VE CASTIGADO PÒR LA INCERTIDUMBRE , CHINA APOYA A AUSTRALIA EL AUSSI VERA CIERTA RECUPERACION .
Aussiedollar
GBPAUD READY TO PLUNGE - LIKELY PULLBACK WITHIN NEXT 24 HOURS NOTE: This is just analysis/advice, do not FOLLOW this trade blindly - I take no responsibility for it...
Ideally looking for this currency pair to enter a sell-off after potential news of the UK's GDP figures (output produced by the UK / economic growth / announced 9:30am UK time).
With Italy and Germany recently heading into a recession, it is possible that the UK could be next to fall into one, causing the GBP to weaken. Additionally, the Brexit situation and business uncertainty should look to drive the UK economy weaker, making the GBP weaken.
I feel there is time to make a perfect entry for a healthy profit and have drawn the potential support and resistance regions where I feel price should bounce around.
Currently, I see this pair rallying till the figures are released.
For this trade, I have placed a tight stop loss to make this a less risky trade in case it does start to rally in which case I can enter a new position. I am currently testing some new concepts for trading...
Reasons for the GBP weakening:
- Blaming Brexit uncertainty and slowing global growth, the central bank has cut its forecast for 2019 growth to 1.2% from 1.7%. This would be the weakest growth since the recession of 2009.
- The BoE said it had seen further evidence that businesses were being cautious in the run-up to Brexit, including evidence from its own survey of firms.
- As expected, interest rates remain unchanged at 0.75%, with the Monetary Policy Committee voting unanimously for no change in the base rate. Sterling fell against other currencies in response.
- The BoE put the fall in growth down to a decline in business investment and housebuilding, as well as a halving of the growth rate in exports.
- The BoE even sees a one-in-four chance of the economy slipping into recession in the second half of this year.
If you managed to read it this far down, thanks for reading this! If you could, please do offer your ideas & perspectives on this pair. Buy or Sell and why? Additionally, drop me your charts for it, that'd be great so I can see where you are coming from. I'm a new guy to the FX & Crypto market, trying to learn FX & Crypto, and I'd appreciate any help people may offer!
Please drop a follow! I need reputation points!!
AUDUSD Bullish for the near futurePositive data came out regarding AUD employment, and the expectations of a dovish Fed with talks that they plan to reduce the balance sheet could send the dollar down and the Aussie up. But later in the year AUD interest rates are expected to be cut, so until then I expect some bullish activity from the aussie.
AUDCAD DOWNSIDE POTENTIAL: VIDEO ANALYSISIN THIS VIDEO, WE TAKE A LOOK AT AUDCAD AND THE POTENTIAL FOR FURTHER DOWNSIDE.
PRICE IS TRENDING LOWER ON THE WEEKLY, DAILY AND NOW THE 4HR CHART.
COMBING THE TIMEFRAMES WE HIGHLIGHT AN AREA OF RESISTANCE WHERE PRICE COULD
MOVE LOWER FROM MOVING INTO NEXT WEEKS TRADING.
Risk off for earnings season=> Here we are expressing a bearish view for earnings season next week via shorting AUDJPY.
=> After Apple missing badly, rightfully we should be concerned for the week ahead. There are many ingredients now in the pot cooking for the economic slowdown and here we can isolate Australia as the domestic story remains bearish.
=> The technical side of this trade is simple. Here we are selling resistance with targets at the middle of the range.
=> Good luck all those in live
AUDJPY POTENTIAL DOWNSIDE CONTINUATION: VIDEO ANALYSISIN THIS VIDEO, WE TAKE A LOOK AT AUDJPY. WHY WE TOOK A SHORT,
HOW WE ARE MANAGING THE SHORT AND WHAT COULD HAPPEN NEXT.
PRICE CAME INTO THE KEY RESISTANCE AND FORMED A BEARISH DOJI CANDLE, HIGHLIGHTING
POTENTIAL DOWNSIDE. 4HR CHART HAS FORMED A HEAD AND SHOULDERS PATTERN SHOWING
A CHANGE IN CYCLE.
Aussie Bullish Bat 30minAll right, lets see how this AUDUSD Bullish bat harmonic pattern plays out on the 30min. Taking profits at the 38.2 and the 61.8 fibs. Bullish bat chart patterns have pretty nice risk to reward. By harnessing this patterns power to utilize the low risk high reward scenario, good things happen.
As always, all in max levy.
One More Wave Up Before A Big ReversalA text book corrective structure has formed on the H1 time frame AUDUSD. When price breaks the low of wave 3, I will be looking for reversal signs to trade this structure to the upside. Thereafter I am expecting a larger move to the downside to complete a structure formation on a higher time frame.
Join our trading signal service to receive the exact entry, stop loss and take profit levels for my trades.
Happy trading!
Linton
Big Picture View on AUDUSDWe can see the impulse move to the downside on the left of the chart, indicated by the first pink arrow. Then there was a consolidation structure formation which completed 5 waves and broke to the downside. This indicates that we are in the second impulse move, indicated by the second pink arrow on the right. Based on the initial impulse length, we can expect a fall to around the 0.5600 mark which is still a long way down!
Obviously this will not go in a straight line and there will be many trade opportunities on the way down on smaller time frames. Check out our trading signal service to get the exact entry, SL and TP levels for our trades.
Happy Trading!
Linton
Triangle broken...=> The ABCDE triangle has been in play since we bounced in 2015 and has now broken.
=> Remember these are levels that have been tested multiple times over the last 3 years and the break should therefore be viewed as imperative.
=> From a technical perspective the market has support at 1.048-1.047 and although this may trigger a period of consolidation as the volatility compresses it should be used as a opportunity to re-engage in further downside exposure.
=> This has the potential to as low as parity with a minimum flow towards the cycle lows. A very interesting one to track for 2019.
=> Best of luck to those looking for positions or already holding shorts...
AUDUSD daily review The Australian Dollar depreciated about 76 base points against the US Dollar on Friday. The decline was stopped by the lower boundary of an ascending channel pattern at 0.7160.
Everything being equal, it is likely that the currency exchange rate regains some of its lost points within this session. The potential upside target will be near the monthly resistance level at 0.7244.
However, the 50-and 100-hour simple moving averages at 0.7205 could prevent the AUD/USD currency pair from reaching the given target today.
[AUD/NZD] Strong NZD vs Weak AUD = Short! [BTFD-VIP]Greetings members and guests PLEASE hit the Thumbs Up button on the right to show some support and love ------------------------->>>>>> ^^^^^^^^ <<<<<
Comments and questions are welcomed below, please feel free to ASK anything!
HOW TO TRADE THIS CHART?
First like/thumbs up the chart then read below.....
The AUD/NZD is in our sights, waiting for a decent pullback and shorting this pair due to a very weak Aussie dollar and a strong New Zealand dollar
AUD had pretty poor news releases this week already adding to its general weakness
there are three major low support levels shown by the purple lines, we can use these to take profits from
after dropping out of the descending channel we can see it in oversold areas which should bring the price up a bit in next 24-72 hrs in which we will be looking for an entry...
looking for a pullback to around 1.0500-1.0550 for an entry using small lots
Targets 1.035 & 1.0222
S/L at R1 resistance level 1.0625
if we do not get back up to those levels i suggest a buy stop at the S1 level or anywhere in between
this will be a short-mid term trade continuing with the current downtrend
disclaimer: this is for entertainment purposes only and not be considered trade advice
AUDUSD - SUPPLY & DEMAND ZONE ANALYSISHi traders.
Whenever you are looking at a technical level, always ask yourself the following:
- Am I buying at a potential bargain/wholesale/discount price? (supply or demand zones)
- Why is there more likely to be more supply/demand orders at that area? (new traders entering/traders taking profit)
- What are the underlying fundamental/sentiment drivers that should push price in my favour? (interest rates, business cycle, risk on/risk off)
If all 3 are in your favour, take the trade, manage your risk and go for more than you've risked.
Always remember this trade is only 1 trade in the next thousand you're going to take.
Process over outcome!
AUD/USD LONG (time to short the dollar)Okay guys - my previous AUD/USD idea was only a short-term (short) scalp of the market.
My technical analysis consists of a combination between descending trend-line (which has been re-tested at the 0.716 level of support/resistance).
Now I will be looking for a re-entry on my long position to ride this potential up-trend continuation - after seeing weakness in the US stock market and the dollar index. However, I will be using a narrow Stop Loss.
Disclaimer - Losses can exceed initial deposits when trading market instruments. You can manage your losses by using smart risk management. Identify what your entry, Take Profit and Stop Loss levels will be before you enter a trade. Stick to your trading plan, no matter the market conditions.