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Australian

Australia! A Bogans ParadiseHello Traders, Looking at the chart we can see price has been in a well defined channel for the last 10 years. It has taken that long for the price to crawl back up to the previous 2007 top and I mean crawl. From an Elliot Wave perspective these are some unhealthy looking waves with deep retracements each time basically invalidating the EW principle. Either way, you can see some kind of 5 waves impulse pattern. The price reached the previous market top which just so happened to coincide with the top of the channel. The price has tried again to push higher but failed and now looks like a double top and is printing bearish divergence on the RSI. Can they just keep pushing this with QE? I think we all know by now the economy is floating on a debt time bomb. Australia's housing market is one of the biggest bubbles out there which has been fueled through terrible financial practices. I think this economy is going Down Under! Bearish on stralia.
OANDA:AU200AUDShort
by WickHunter
Aud/Cad Forex NewsWelcome. Hello everone here. I want today tell you guys. I change my nickname 'username' on Tradingview. Tradingview thanks for that opportunity you made. Let's go to trend. Australian dollar this is period when it's ready check bellow zone. (Sell zone wit red mark). Trend this pair looks like it's still growing pair. but If we check the big time period, there trend is not so strong for we can say It's strongly going up. Nope. So That's my prediction about this pair. Thanks for visit. read. fxCROWN
Short
by fxCROWN
ASX:QANTAS - Running out of room on the weekly - Long termQantas ASX:QAN is running out of room in what seems like a descending triangle. If there's no break to the upside, expect more downward pressure to $4.22 in the coming months - long term outlook. Due to the uncertainty of the market - trade wars and oil prices - a breakout in the coming weeks should also be taken with a pinch of salt as it might be a bull trap and may revisit $5.20. However, a break with conviction to the upside and doesn't look back will bring us to the top of the channel above $7. A break below $5.20 invalidates this outlook.
ASX:QAN
by paper_value
3
AUDUSD- Long PositionAfter a long accumulation range which start in 2016, the Aussie moved higher until February 2018, then selling off into the buy zone at the end of 2018. A nice large pin-bar on new years eve saw stops being run out , since then we have seen 2 buy pivots. Should see the Aussie trend higher, breaking the 2018 high, as the gold price moves in a strong up trend. An entry on the daily chart is confirmed with a lagging line and price closing above the Ichimoku cloud.
Long
by TRADER-RI
Selling Position - AUD/CHF I am so glad to be back posting after more then a year. My technical's are bleeding that its oversold but due to the fundamental for the Aussie being so poor keep a tight look on this but from what I can see its a great R:R. The technical side looks great. We haven't seen AUD/CHF at this level since 2016 so hopefully that level will be supported and expect a rally of at least 200+ pips. We also have a hidden bullish divergence so that should also tick another box of an upside.
Long
by Jamal92
2