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Aussiedollar

Joe Gun2Head Trade - AUDUSD looks ready to correctTrade Idea: Selling AUDUSD Reasoning: Rallied into major resistance on the dialy chart. Smnall top on the 60min chart. Entry Level: 0.7069 Take Profit Level: 0.6906 Stop Loss: 0.7122 Risk/Reward: 3.3:1 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
AW Euro & Aussie Dollar Analysis - This Changes Everything...In 2023 I will leave no stone unturned and if I am wrong, I will be the first to admit it. When it comes to my previous ideas about the bigger picture, I was completely wrong. In this video I explain my views of the bigger picture and what I believe is coming next for the Euro and Aussie Dollar. I think it comes down to being able to switch between small and large degree analysis seamlessly. All I had to do was look again at these long-term patterns and everything suddenly cleared up. Remember to use Disciplined Money Management Principles to ensure longevity as a trader. If you don't know the long term pattern shouldn't you be doing your research instead of just following the crowd? Just remember: I am not a financial adviser; I suggest using this only as a guide. Always do your own research. ***AriasWave is not the same as Elliott Wave so your counts may differ to mine if you happen to use it.***
by AriasWave
1
AUDUSD - Approaching overbought extremesRisk 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.' AUDUSD - Intraday - We look to Sell at 0.7160 (stop at 0.7200) There is no sign that this bullish momentum is faltering but the pair has stalled close to a previous swing high of 0.7136. Daily signals for sentiment are at overbought extremes. 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. Although the anticipated move lower is corrective, it does offer ample risk/reward today. Our profit targets will be 0.7045 and 0.6910 Resistance : 0.7135 / 0.7400 / 0.7660 Support: 0.6910 / 0.6770 / 0.6655
Short
by OANDA
AUD/USD enters bullish trend before CPI release The Price Filter Indicator suggests that the AUD/USD has entered a bullish trend. The indicator has moved above the 0-line and turned green, which is a bullish signal with this indicator. This is the first time the indicator has entered green territory since April last year. The green surface area indicates that the trend reversal to the upside has momentum and could continue moving upwards. This idea of a possible uptrend reversal is supported by the price hovering above the 200 EMA on the daily chart. This breakout above the 200 EMA period happened during the first week of 2023, signaling that this might be a good sign for the pair in terms of buying position. With a current bullish bias, if AUD/USD closes above 0.69870, we might anticipate the price reaching 0.70600, filling out a previous wick's rejection. If the price has enough momentum in the upcoming days, we could expect the price to not only fill the wick to the left-hand side but also continue moving towards the 0.71200 area, which is the next possible resistance. On the other hand, if the pair fails to break and close above 0.69870 convincingly, the price may bounce around 0.7000 psychological resistance and the 0.68850 support level until major fundamental news appears to dictate which way AUD/USD heads in the following days. One such fundamental event will be the Q4 2022 Australian Inflation data due tomorrow (25/01/2023). The annual inflation rate jumped to 7.3% in Q3 of 2022 from 6.1% in Q2, beating expectations of 7.0%. Consensus forecasts for Q4 are for a modest rise to 7.4% or 7.5%, although some analysts are forecasting inflation to be 7.7% and above, pointing to recent data from UBS that showed supermarket prices rose an average 9.2% YoY in October-December 2022 up from the +8.2% recorded in the previous three months.
by BlackBull_Markets
AW Aussie Dollar Analysis - Another Look at the Bullish View...It is my job to present you with all of the possibilities. Here we go back to the bullish view, and I show you the potential for the beginning of a larger move higher. There is still plenty of time to prepare for this move and potentially even trade it within the correction that I believe is unfolding. This is a time sensitive update if you want to trade the corrective portion, so I suggest you get busy learning about this interpretation. I will be posting a major update for the Euro shortly. Remember to use Disciplined Money Management Principles to ensure longevity as a trader. If you don't know the long term pattern shouldn't you be doing your research instead of just following the crowd? Just remember: I am not a financial adviser; I suggest using this only as a guide. Always do your own research.
by AriasWave
2
EURAUD: Bullish Continuation Ahead! Your Plan: 🇪🇺🇦🇺 I spotted 2 important breakouts on EURAUD on a daily chart: first, the price broke and closed above a neckline of a triple bottom formation, then, the market violated a resistance line of a falling wedge pattern. We see the retest of broken structures now. I expect a bullish wave next week. Goals: 1.578 / 1.5915 ❤️If you have any questions, please, ask me in the comment section. Please, support my work with like, thank you!❤️
Long
by VasilyTrader
10
AW Weekly Wrap Up Video - The Phoenix Will Rise From The Ashes..In this video I talk about the progress made with the analysis in relation to all the major charts covered at this present time. I also talk about how they relates to the Dollar Milkshake theory and how we could be on the cusp of a sovereign debt crises. When global FIAT currencies start to collapse, central banks will need to continue hiking interest rates to bring inflation under control. This will lead to a wave of defaults which will destroy currency units which will eventually see those currencies bounce back. Of course, this will be painful for many and nothing to celebrate. It will also bring opportunity to those that have managed to invest in Gold and the US Dollar which will likely rise simultaneously during this time. As people flea into a safe haven of their choosing and whilst global markets and cryptos plunge, from the ashes will rise the phoenix. Check out all the important related ideas from the past week down below. Remember to use Disciplined Money Management Principles to ensure longevity as a trader. If you don't know the long term pattern shouldn't you be doing your research instead of just following the crowd? Just remember: I am not a financial adviser; I suggest using this only as a guide. Always do your own research.
TVC:DJI
by AriasWave
AUDUSD SHORT: Sell-Off In ImpulseAUDUSD is showing considerable weakness signs. The structure on the up-side since mid-December is Corrective. A sell-off in a big degree is expected. I am anticipating Intermediate (C) (red). My Aussie technicals: * Ending Diagonal in Intermediate (C) (white) * Elliott Wave Reversal Pattern * Upcoming Bearish Divergence * Running Flat in Minor B (white) * Double Top Pattern * Supply Zone * 161.8% Fibonacci Extension AUDRUSD SELL Signal: * Entry @ 0.69250 * SL @ 0.7100 * TP1 @ 0.6620 * TP2 @ 0.6455 * TP3 @ 0.6325 * Safety Measure: when in the green, moving SL to BE. * SELL Stops on the way down, after pull-backs. Many pips ahead! Richard, the Wave Jedi.
Short
by Lionheart-EWA
7
AW Aussie Dollar Analysis - We Finally Have Confirmation...Now that we have a potential Wave 3 in progress, it is a good time to talk about the bigger picture including targets. Using AriasWave (Not Elliott Wave), I have an understanding of what comes next. The thing I always tell myself is; If you don't know when to get out of a trade, don't get in. Targets are very important and can only be confidently achieved if you understand how each wave operates. One question you may ask is: What if this Wave E subdivides into a Weak 5-Wave Move? The US Dollar indicates that once this move completes then it will be in a strong uptrend. This at least gives me a clue about nature of the kind of price action we will see. In saying that we will be tracking this very closely and looking for any potential signs of weakness along the way. Nothing is guaranteed but if you play your cards right, you can still pull a profit out of that situation if it happens. We are dealing with probabilities, not certainties. Remember to use Disciplined Money Management Principles to ensure longevity as a trader. If you don't know the long term pattern shouldn't you be doing your research instead of just following the crowd? Just remember: I am not a financial adviser; I suggest using this only as a guide. Always do your own research.
Long
by AriasWave
1
AW Aussie Dollar Analysis - Weekly Long Trade Wrap Up...A good question posted by a viewer leads the topic of conversation in this first weekly long trade wrap up video. I think moving forward things should become clearer. There is an old saying that finding the start of Wave 3 is the hardest thing to do. Of course, I do not believe that myself since creating AriasWave but I do think a lot of people still think it is true. I assert that it is not the start of Wave 3 that is difficult to find, rather it's any real understanding of the waves per se. If you back test every wave that has ever occurred, you will see AriasWave encoded in its DNA. Except you need to be bothered in the first place and most people are lazy and want to get rich quick. I was once guilty of this too and I decided to find out how Wave 3's begin and all surrounding waves every time. Once you see that these patterns exist everywhere all the time your whole view of markets change. You start to realize that it's not BS fluffed up fundamental data that drives the market. Instead, you begin to realize that its raw unadulterated herd psychology that is living and breathing in every wave and cannot be manipulated at its core. Remember to use Disciplined Money Management Principles to ensure longevity as a trader. If you don't know the long term pattern shouldn't you be doing your research instead of just following the crowd? Just remember: I am not a financial adviser; I suggest using this only as a guide. Always do your own research.
Long
by AriasWave
4
AW Aussie Dollar Analysis - Non-Confirmation Between US Dollar..The non-confirmation between the US Dollar and Aussie Dollar is the smoking gun right here... With the non-farm employment figured being released in less than an hour, this could be part of the corrective structure. If price remains above .68870 during this volatility, then we could see prices gradually gravitate higher. With the stop level firmly set at .66282, a break of .66870 could still throw this view right out the window. Stay tuned for this one as it could turn out to be a good indication of what is ahead. Remember to use Disciplined Money Management Principles to ensure longevity as a trader. If you don't know the long term pattern shouldn't you be doing your research instead of just following the crowd? Just remember: I am not a financial adviser; I suggest using this only as a guide. Always do your own research.
Long
by AriasWave
1
AW Aussie Dollar Analysis - Impulsive Price Action Has Begun...Price action is really starting to prove itself now on the back of my recent US Dollar analysis. I believe that the Aussie dollar will advance at a very significant pace during this move compared to other currencies. The plan for this trade will be purely for Wave 3 price action. The target will be the 2.618 extension of Wave 1 which is around 1.15. It's definitely a big trade and one that takes confidence to see out to the end. A good solid understanding of the waves is the reason I believe this Wave E can make it that far with only Wave 3 completed. Remember to use Disciplined Money Management Principles to ensure longevity as a trader. If you don't know the long term pattern shouldn't you be doing your research instead of just following the crowd? Just remember: I am not a financial adviser; I suggest using this only as a guide. Always do your own research.
Long
by AriasWave
1
AW AUDUSD Analysis - My Count Was Wrong But I'm Still Long...I was wrong about the count, but I could still be right about the trade. My stop has not moved from the lows, and I still expect a move higher. I never let a bad count get in the way of profits, besides this trade could last a while if it works out. We still need to see a break of 69 cents for the proper confirmation to occur. Keeping it simple from here on out in this count without all the 1-2 subdivision nonsense. Remember to use Disciplined Money Management Principles to ensure longevity as a trader. If you don't know the long term pattern shouldn't you be doing your research instead of just following the crowd? Just remember: I am not a financial adviser; I suggest using this only as a guide. Always do your own research.
Long
by AriasWave
2
AW Aussie Dollar Analysis - This Next Move is Important...One may assume that these patterns unfolding are just a bunch of zig-zags on the chart and nothing more. According to AriasWave these are not zig-zags and in this video I explain why. Zig-zag patterns from in a particular way which is not what is happening here. What we have been seeing here is corrections expanding making them look like zig-zags. This is the key to the understanding the whole setup. I do however see volatility increasing which indicates strength ahead once we break through the important levels. Remember to use Disciplined Money Management Principles to ensure longevity as a trader. If you don't know the long term pattern shouldn't you be doing your research instead of just following the crowd? Just remember: I am not a financial adviser; I suggest using this only as a guide. Always do your own research.
Long
by AriasWave
AW Aussie Dollar Analysis - Watch Out for These Levels...As the Aussie dollar continues to prove itself within the patterns, we should now anticipate a third-of-a-third wave. All of the 1-2 subdivisions appear to be in place for us to see the expected move higher. We just need to see a couple of levels surpassed before we have full confirmation. Through this time, we also need to see price move up in a very strong impulsive manner. Remember to use Disciplined Money Management Principles to ensure longevity as a trader. If you don't know the long term pattern shouldn't you be doing your research instead of just following the crowd? Just remember: I am not a financial adviser; I suggest using this only as a guide. Always do your own research.
Long
by AriasWave
3
AW Aussie Dollar Analysis - Quick Breakdown of This Trade...This video is a recap of the long trade setup that I alluded to a few days ago. So far price action at the small degree points to higher prices over the coming week and beyond. I will begin to focus on potential targets as we get confirmation with a strong break of .69 cents. My stop at this point remains at .66283 until we get that confirmation and then it can be moved to .67104. I like to highlight the level of detail you can drill down to at the smaller degree in order to build confidence in the trade. I also point out potential issues with the identification of the wave structure in order to add credence. See the previous related videos linked down below. Remember to use Disciplined Money Management Principles to ensure longevity as a trader. If you don't know the long term pattern shouldn't you be doing your research instead of just following the crowd? Just remember: I am not a financial adviser; I suggest using this only as a guide. Always do your own research.
Long
by AriasWave
3