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AUDUSD LONGHello Trading community. I wanted to share my AUDUSD strategy that I polished for the past 5 month. It is very simple to follow because there is only 1 strict TP and 1 strict SL that you dont need to change once it´s set. Im working with Fib Circles to predict weekly movements. Entry is always on MONDAY 07:00 UTC/GMT+2 ENTRY: 0.68644 TP: 0.69162 SL: 0.68240 If you are a risk taker you can also put the TP at 0.69270. But I figured out that 0.69162 is the safe way to go and I made much more profit with the safe strategy. IMPORTANT: This is not the final trade yet, ENTRY, TP and SL will probably change when the market stabilizes on monday, so I will update this post on Monday 06:30 UTC/GMT+2.
Long
by Lukikum
6
NZDCAD SELL TARGET 0.87000Good afternoon from the UK, well what do we have here? the last time i Traded this pair was around the 1st May looking for the decline to 0.8700 (Please see the related idea). Here we go again. What i can see is my weekly key level no longer acting as a floor support which broke through but now a ceiling resistance with long wicks rejecting the 0.8900 price rejoin. On the daily timeframe price has test the golden ration 61.80% fib retracement. with multiple shooting stars. If you were to step down to the 8H & 4H timeframes moving averages are corresponding well with the intent of this pair seeing another tumble to create that double bottom at 0.8700. The counter trend line is due to break on its third touch which if it does the retest will come and the decline continuation continues. This is my Trade of the week.
Short
by Travis_duncz
EURUSD Outlook Remains Lower In The Short Term EURUSD outlook remains lower in the short term as we look for more decline to occur. Support comes in at the 1.1150 where a violation will turn risk to the 1.1100 level. A break below here will target the 1.1050 level. Further down, support sits at the 1.1000 level. Its daily RSI9 is bearish and pointing lower suggesting further weakness. Conversely, on the upside, resistance resides at 1.1200 level with a break through there opening the door for further upside towards the 1.1.1250 level. Further up, resistance comes in at the 1.1300 level where a violation will expose the 1.1350 level. All in all, EURUSD outlook remains lower in the short term.
Short
by FXTechstrategy
Stellar - Interesting Market With Big PotentialStellar / Tether USD POLONIEX:STRUSDT The market ricocheted from the base at 0.074 dimension and began building up another uptrend. At the point when the cost broke the nearby downtrend line and moved above SMA100, the bearish pattern inversion was affirmed. We likewise could get an extra affirmation that the market ended up bullish when the market had framed new higher highs and higher lows. The market began the bullish pattern . The market moved upward and the cost achieved one more opposition zone . This opposition is solid as it is shaped by the fundamental downtrend line and SMA200. The cost bobbed from this zone and we could see the tumbling to the lower bolster zone framed by the nearby uptrend line and SMA50. The value inversion from this zone will almost certainly give purchase openings. On the off chance that the value breaks this help, the following one will be at 0.100000 dimension, SMA100, and the fundamental uptrend line. The value inversion in this zone likewise will be useful for purchasing dependent on various time periods. Long positions likewise can be opened dependent on a breakout over the downtrend line and SMA200. Do you like this coin? What's your opinion about the market developments in long run? Offer your musings, thoughts in remarks underneath this post. How about we talk about!
S
by BestFxNews
AUD/NZD to move up in AprilAfter ECB & FED turn dovish mentioning global slowdown, RBNZ had no option except signalling next move to be rate cut. RBA have already been pretty dovish helping AUD/NZD to touch monthly lows in JAN - MAR. AUD/NZD finally been able to close above daily 20sma, also forms good bullish candle on monthly chart. AUD/NZD seems ready to rally in coming days/weeks. Risk remain RBA meeting on Tuesday if they announce rate cut coming sooner than later, but that will ultimately provide better rate to buy AUD/NZD. Support remain psychological area of 1.04 & 20sma near 1.360. Target to focus are 1.0490 to 1.05(daily cloud & daily 100sma) followed by 1.06 & 1.0650 .
Long
by Bitbloxx
USD/TRY long long longI believe the local election would help to the goverment for next few days and Mr. Albayrak has announced they will show the economic programme in April. But i think that programme will suck cause the Turkey have more serious economical and political problems like unemployment rate is most highest rate before the 2008, the inequality of the Turkish citizens are getting higher. And the biggest problem of Turkey is their growth depend their import products and it cause high number of current deficit. The low TRY would help Turkey to close that deficit. But they have to make reforms which they did in 2002,2003,2004. They should give attention and more care the relationship with USA, Russia and China. President Erdogan has blamed the Jp Morgan for last crash, it doesnt make any sense. If the goverment take reasonable and good positions i would revise my analysis but probably they not and thats my target on TL. Those are just my views not investment advisory.
Long
by alejandrofiles