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AUD (Australian Dollar)

Don't miss the great buy opportunity in EURAUDTrading suggestion: . There is a possibility of temporary retracement to suggested support line (1.5952). if so, traders can set orders based on Price Action and expect to reach short-term targets. Technical analysis: . EURAUD is in a range bound and the beginning of uptrend is expected. . The price is below the 21-Day WEMA which acts as a dynamic resistance. . The RSI is at 54. Take Profits: TP1= @ 1.6024 TP2= @ 1.6073 TP3= @ 1.6230 SL= @ 1.5890
Long
by ForecastCity_EU
2
Don't miss the great buy opportunity in AUDNZDTrading suggestion: . There is a possibility of temporary retracement to suggested support line (1.0419). if so, traders can set orders based on Price Action and expect to reach short-term targets. Technical analysis: . AUDNZD is in a range bound and the beginning of uptrend is expected. . The price is above the 21-Day WEMA which acts as a dynamic support. . The RSI is at 48. Take Profits: TP1= @ 1.0488 TP2= @ 1.0545 TP3= @ 1.0720 SL= @ 1.0375
Long
by ForecastCity_EU
Keep an Eye on AUDCAD Wait for BreakoutWe are doing AUDCAD Analysis in Daily Time frame AUDCAD right Following Down Channel pattern You can try to Buy After Break of the Channel pattern you can But Take profit on previous High point and Stop area below the previous low. We need to wait for a breakout then think to buy and use Take profit and Stop loss. Note: This is only for Educational Purpose this is not Investment advice. Please support the setup with your likes, comments and by following on Trading View. Thanks Adil Khan
Long
by Make_Money_Guru_Bitcoin
1
A trading opportunity to Buy in AUDCADMidterm forecast: While the price is above the support 0.9105, resumption of uptrend is expected. We make sure when the resistance at 0.9775 breaks. If the support at 0.9105 is broken, the short-term forecast -resumption of uptrend- will be invalid. Technical analysis: While the RSI resistance #1 at 53 is not broken, the probability of price increase would be too low. A trough is formed in daily chart at 0.9315 on 03/01/2019, so more gains to resistance(s) 0.9490, 0.9565, 0.9665 and maximum to Major Resistance (0.9775) is expected. Price is above WEMA21, if price drops more, this line can act as dynamic support against more losses. Relative strength index (RSI) is 51. Trading suggestion: There is possibility of temporary retracement to suggested Buy Zone (0.9380 to 0.9325). We wait during the retracement, until the price tests the zone, whether approaching, touching or entering the zone. We would set buy orders based on Daily-Trading-Opportunities and expect to reach short-term targets. Beginning of entry zone (0.9380) Ending of entry zone (0.9325) Entry signal: Signal to enter the market occurs when the price comes to "Buy zone" then forms one of the reversal patterns, whether "Bullish Engulfing" , "Hammer" or "Valley" in other words, NO entry signal when the price comes to the zone BUT after any of the reversal patterns is formed in the zone. To learn more about "Entry signal" and the special version of our "Price Action" strategy FOLLOW our lessons: Trade Setup: We opened 8 BUY trade(s) @ 0.9441(day close price) based on "Valley" entry method at 02.14.2019. Take Profits: TP1 = @ 0.9490 TP2 = @ 0.9565 TP3 = @ 0.9665 TP4 = @ 0.9775 TP5 = @ 0.9915 TP6 = @ 1.0090 TP7 = @ 1.0350 TP8 = Free
Long
by ForecastCity
2
AUDCAD - Sell for at least 50 pips. AUD is overbought. Easy 50psAs we can see in this graphic, AUDCAD has reached an overbought state. CAD is falling due most likely to Trump tweet this morning, where he tweets about the price of USOIL, affecting then the CAD. Candlesticks signals and RSI overbought and AUD Fundamentals indicate that this is a good time to sell. How to trade? SELL between: 0.9465 - 0.9480 Take profits: Close half your position within 50 pips. Stop Loss: 0.9575 Have a good trade. This is only our opinion, take your own risk.
Short
by tecnicoforex
A trading opportunity to Sell in EURAUDMidterm forecast: There is no trend in the market and the price is in a range bound, but we forecast beginning of downtrend. Technical analysis: A peak is formed in daily chart at 1.6780 on 01/03/2019, so more losses to support(s) 1.5670, 1.5530, 1.5345 and more depths is expected. Price is below WEMA21, if price rises more, this line can act as dynamic resistance against more gains. Relative strength index (RSI) is 44. Trading suggestion: There is possibility of temporary retracement to suggested Sell Zone (1.6355 to 1.6160). We wait during the retracement, until the price tests the zone, whether approaching, touching or entering the zone. Beginning of entry zone (1.6355) Ending of entry zone (1.6160) Entry signal: Signal to enter the market occurs when the price comes to " Sell zone " then forms one of the reversal patterns, whether " Shooting Star " or " Peak ", in other words, NO entry signal when the price comes to the zone BUT after any of reversal patterns is formed in the zone. To learn more about " Entry signal " and special version of our " Price Action " strategy FOLLOW our lessons: Take Profits: TP1 : @1.5885 TP2 : @1.5670 TP3 : @1.5530 TP4 : @1.5345 TP5 : @1.5075 TP6 : @1.4910 TP7 : @1.4670 TP8 : @1.4040 TP9 : @1.3675 TP10 : Free
Short
by ForecastCity
2