AUS trade ideas
AU200AU SHORTPossible bearish movement of the pair. The price is currently in a trading zone with significant volume , with rejections at the top of the price right at the 55 period EMA , which is essential in my strategy for analysis of possible trend continuations. We also see significant development in the Squeeze momentum indicator and macd histogram monitors, with directionality changes to bearish confirmed. We see the attached ADX indicator entering below the 23 level line (0 point of the MACD histogram), indicating the weakness of the previous move higher as it bounced towards the 55 period EMA , to continue falling as the moves have indicated. previous; along with a possible sell signal pattern coming soon on the MACD lines. There could be a continuation of the downtrend.
If you are going to take my opinion into account, please respect the projection time, this is extremely important. If it is not fulfilled in the foreseen time and it makes a range, it will be better to close the operation in case it is possible.
Australian market not looking great repeating 2008 Not looking to great in the Australian market, potentially the opportunity to get once in a life time mining stocks relating to energy. . . Keep an eye on Canada and Australia.
AUS200 trade setup SHORT March 8Good morning,
I have just entered a new short trade on the AUS200 index.
Yesterday a bearish pin bar formed rejecting the 21 EMA and resistance level at 7380.
After a pull back it looks like the price is willing to continue to fall.
Details trade setup can be found in the chart.
Good luck!
Spyros
ASXAustralian economy about to get Rekt
One of the clearest H&S you will see on a daily chart.
Higher interest rates and the first real recession for Aussies in 3 decades are unfortunately now a reality.
Expect the ridiculous property market over there to finally crash as well.
AU200 AU200
Creating LL and LH as per DOW THEORY it's Bearish trend
Three Black Crows created which also shows Bearish Trend
ASX to stall at current swing high?ASX200 - 24h expiry - We look to Sell at 7373 (stop at 7409)
Buying pressure from 7264 resulted in prices rejecting the dip.
The current move higher is expected to continue.
The bias is still for lower levels and we look for any gains to be limited.
We therefore, prefer to fade into the rally with a tight stop in anticipation of a move back lower.
Further downside is expected although we prefer to sell into rallies close to the 7380 level.
Our profit targets will be 7283 and 7263
Resistance: 7320 / 7600 / 7870
Support: 7145 / 7000 / 6860
Risk 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.
AU200AU LONGPossible upward movement of the pair. Price is currently in a lower bound trading zone with significant volume making stops and holding rejections at the bottom of the price near the 55 period EMA , essential in my strategy for analysis of potential trend continuations. Indicators like Squeeze Momentum and the MACD histogram have turned bullish after their red valley; accompanied by the loss of bearish strength indicated by the ADX rebounding towards the EMA . The MACD lines would be giving a possible buy signal soon. I think you could go looking for the previous high price zone when you see indications of a bounce move higher on the 4-hour chart. In 1 hour timeframes we see that it has broken the bearish structure, forming higher lows than the previous ones.
If you are going to take my opinion into account, please respect the projection time, this is extremely important. If it is not fulfilled in the foreseen time and makes a range, it will be better to close the operation in case it is possible.
AUS 200I think, based on my technical forecast, we will see a down period for the asset in question.
ASXAUD- BULLISH TRENDASX INDEX is getting bullish, bullish divergence on RSI and making HH and HL. multiple entries with retracement to 0.618 & 0.382
Dusk - Aussie stocksAn ending diagonal in the making ? This suggests the roller coaster ride that commenced in June '22 is coming to an end. A new high probable - 7596 to 7750
easyMarkets ASX 200 Daily - Quick Technical OverviewLooking at the technical picture of the Australian index ASX 200, we can see that from around the beginning of February, the index has been trading inside a falling wedge pattern, which could be classed as a bullish indication, especially if the upper side of that pattern gets violated. Today we saw that violation and the index made a strong move to the upside. In addition to all that, the price remains above a medium-term tentative upside support line taken from the low of October 3rd. Although the near-term outlook seems to be more positive then negative, we would still prefer to wait for another push above the 7260 barrier and the 50-day EMA, just to get a bit more comfortable with higher areas.
Alternatively, to shift our view towards lower areas, a break of the aforementioned upside line and a drop below the 7110 territory would be required. Such a move would not only break the current medium-term trend but also would confirm a forthcoming lower low. That's when we would get comfortable with examining lower levels.
Disclaimer:
easyMarkets Account on TradingView allows you to combine easyMarkets industry leading conditions, regulated trading and tight fixed spreads with TradingView's powerful social network for traders, advanced charting and analytics. Access no slippage on limit orders, tight fixed spreads, negative balance protection, no hidden fees or commission, and seamless integration.
Any opinions, news, research, analyses, prices, other information, or links to third-party sites contained on this website are provided on an "as-is" basis, are intended only to be informative, is not an advice nor a recommendation, nor research, or a record of our trading prices, or an offer of, or solicitation for a transaction in any financial instrument and thus should not be treated as such. The information provided does not involve any specific investment objectives, financial situation and needs of any specific person who may receive it. Please be aware, that past performance is not a reliable indicator of future performance and/or results. Past Performance or Forward-looking scenarios based upon the reasonable beliefs of the third-party provider are not a guarantee of future performance. Actual results may differ materially from those anticipated in forward-looking or past performance statements. easyMarkets makes no representation or warranty and assumes no liability as to the accuracy or completeness of the information provided, nor any loss arising from any investment based on a recommendation, forecast or any information supplied by any third-party.
ASX continues to move lower.ASX200 - 24h expiry - We look to Sell at 7221 (stop at 7245)
We are trading at overbought extremes.
A Doji style candle has been posted from the high.
This is negative for sentiment and the downtrend has potential to return.
The hourly chart technicals suggests further upside before the downtrend returns.
Further downside is expected although we prefer to sell into rallies close to the 7221 level.
Our profit targets will be 7155 and 7000
Resistance: 7320 / 7600 / 7870
Support: 7145 / 7000 / 6860
Risk 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.
AU200AU SHORTPossible bearish movement of the pair. The price is currently in a trading zone with significant volume , with rejections at the top of the price right at the 55 period EMA , which is essential in my strategy for analysis of possible trend continuations. We also see significant development in the Squeeze momentum indicator and macd histogram monitors, with directionality changes to bearish confirmed. We see the attached ADX indicator entering below the 23 level line (0 point of the MACD histogram), indicating the weakness of the previous move higher as it bounced towards the 55 period EMA , to continue falling as the moves have indicated. previous; along with a possible sell signal pattern coming soon on the MACD lines. There could be a continuation of the downtrend.
If you are going to take my opinion into account, please respect the projection time, this is extremely important. If it is not fulfilled in the foreseen time and it makes a range, it will be better to close the operation in case it is possible.
easyMarkets ASX 200 (Australia) Daily - Quick Technical OverviewIn the short-run, ASX 200 may continue drifting lower, while trading within a falling wedge pattern. Although this pattern tends to be a bullish indication, as long as the boundaries of that barrier are respected, the slide may continue. But, don't forget that...
Disclaimer:
easyMarkets Account on TradingView allows you to combine easyMarkets industry leading conditions, regulated trading and tight fixed spreads with TradingView's powerful social network for traders, advanced charting and analytics. Access no slippage on limit orders, tight fixed spreads, negative balance protection, no hidden fees or commission, and seamless integration.
Any opinions, news, research, analyses, prices, other information, or links to third-party sites contained on this website are provided on an "as-is" basis, are intended only to be informative, is not an advice nor a recommendation, nor research, or a record of our trading prices, or an offer of, or solicitation for a transaction in any financial instrument and thus should not be treated as such. The information provided does not involve any specific investment objectives, financial situation and needs of any specific person who may receive it. Please be aware, that past performance is not a reliable indicator of future performance and/or results. Past Performance or Forward-looking scenarios based upon the reasonable beliefs of the third-party provider are not a guarantee of future performance. Actual results may differ materially from those anticipated in forward-looking or past performance statements. easyMarkets makes no representation or warranty and assumes no liability as to the accuracy or completeness of the information provided, nor any loss arising from any investment based on a recommendation, forecast or any information supplied by any third-party.
ASX 200 close to a swing low?The ASX 200 had a great start to the year, but has since seen prices pull back from tis YTD highs. Yet is we zoom out, the daily trend remains bullish overall, and prices during the recent decline appear to be corrective.
It's pullback has also found support around a cluster of support levels including the 38.2% Fibonacci retracement, 50-dy EMA, monthly pivot point and 7300 round number. And as RSI recently reached oversold and has since formed a bullish divergence with price, we see the potential for a rally towards 7500.
As US traders are set to return to their desks after the 3-day weekend, there is a reasonable chance of an 'up day' which could spill over to a positive start for the ASX tomorrow. Therefore, we're happy to enter the ASX long ahead of the close with a stop beneath this week's low, and initially target 7500.
ASX200 4hrs: Showing Buying strength4hrs bounced from $7336 level and created double bottom and RSI bullish divergence.
easyMarkets ASX 200 Daily - Quick Technical OverviewDisclaimer:
easyMarkets Account on TradingView allows you to combine easyMarkets industry leading conditions, regulated trading and tight fixed spreads with TradingView's powerful social network for traders, advanced charting and analytics. Access no slippage on limit orders, tight fixed spreads, negative balance protection, no hidden fees or commission, and seamless integration.
Any opinions, news, research, analyses, prices, other information, or links to third-party sites contained on this website are provided on an "as-is" basis, are intended only to be informative, is not an advice nor a recommendation, nor research, or a record of our trading prices, or an offer of, or solicitation for a transaction in any financial instrument and thus should not be treated as such. The information provided does not involve any specific investment objectives, financial situation and needs of any specific person who may receive it. Please be aware, that past performance is not a reliable indicator of future performance and/or results. Past Performance or Forward-looking scenarios based upon the reasonable beliefs of the third-party provider are not a guarantee of future performance. Actual results may differ materially from those anticipated in forward-looking or past performance statements. easyMarkets makes no representation or warranty and assumes no liability as to the accuracy or completeness of the information provided, nor any loss arising from any investment based on a recommendation, forecast or any information supplied by any third-party.
AU200 - a slower burner but bouncingTrade Idea: Buying AU200AUD
Reasoning: Downside move has stalled and there has been a reaction higher from support. Breaking up through short-term Ichimoku cloud resistance. Bullish engulfing on 4-hour chart.
Entry Level: 7461.5
Take Profit Level: 7542.5
Stop Loss: 7430.0
Risk/Reward: 2.57:1
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.
AW ASX Analysis - How This Pattern Differs to the Dow Jones...A quick video to mention the slight difference between this pattern and the Dow Jones.
Most people don't care about their portfolio oscillating within these moves.
If you are trader or investor that likes to swing trade however, then this might be of interest to you.
Don't forget to check out the Dow Jones version down below.
Short Stop: 7656.
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.***
ASX to find buyers at market?ASX200 - 24h expiry - We look to Buy at 7490 (stop at 7455)
Although the bears are in control, the stalling negative momentum indicates a turnaround is possible.
Price action looks to be forming a bottom.
The medium term bias remains bullish.
Preferred trade is to buy on dips.
Further upside is expected although we prefer to buy into dips close to the 7490 level.
Our profit targets will be 7585 and 7870
Resistance: 7590 / 7870 / 8325
Support: 7340 / 7140 / 6980
Risk 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.
