AUDUSD
AUDUSD Signal of the day The larger wave I lower from the .8135 wave (IV) highs from 1/26/2018 where the weekly & daily right side is down ended the cycle at .6670 on 10/2/19 . From there a wave ((W)) is in place on 12/31/19 at .7033 where the 4 & 1 hour are turning lower. While a bounce fails below there expect wave ((X)) corrects the cycle from the 10/2/19 lows.
AUDUSDAUDUSD LOOK LONG IN INTRADAY GO LONG IN INTRADAY AND OPEN SELL POSITION ONLY AFTER CONFIRMINATION AFTER PRICE REJECTS FROM RESISTANCE LEVEL
AUDUSD Intraday ForecastAs we forecast uptrend for this day, so Forecast City suggests buy (limit) above S1=0.686.
But the short term forecast is range bound, so we expect to reach the following targets:
TP3: R1=0.6895.
TP4: R2=0.691.
Set the stoploss of these orders at breakout of S2=0.685.
Stop and reverse:
If trend gets reversed, sell (stop) orders will be opened at breakout of S2=0.685.
In this situation, there is an expectation to reach the target S3=0.6785.
Set the stoploss of reverse orders at breakout of S1=0.686.
If you would like to trade in the next 24 hours , the intraday forecasts of ForecastCity will show you the most accurate and the most likely actions and swings of the market. Our intraday forecasts are available before those of all the other sites. Our intraday forecasts are available very early in the day. It is one of ForecastCity’s glorious and positive qualities. This quality has made us the first forecaster that forecast tomorrow for you!
AUDUSD Intraday ForecastAs we forecast uptrend for this day, so Forecast City suggests buy (limit) above S1=0.68.
But the short term forecast is range bound, so we expect to reach the following targets:
TP3: R1=0.6835.
TP4: R2=0.6855.
Set the stoploss of these orders at breakout of S2=0.679.
Stop and reverse:
If trend gets reversed, sell (stop) orders will be opened at breakout of S2=0.679.
In this situation, there is an expectation to reach the target S3=0.6725.
Set the stoploss of reverse orders at breakout of S1=0.68.
If you would like to trade in the next 24 hours , the intraday forecasts of ForecastCity will show you the most accurate and the most likely actions and swings of the market. Our intraday forecasts are available before those of all the other sites. Our intraday forecasts are available very early in the day. It is one of ForecastCity’s glorious and positive qualities. This quality has made us the first forecaster that forecast tomorrow for you!
AUDUSD Intraday ForecastAs we forecast uptrend for this day, so Forecast City suggests buy (limit) above S1=0.688.
But the short term forecast is range bound, so we expect to reach the following targets:
TP3: R1=0.6915.
TP4: R2=0.693.
Set the stoploss of these orders at breakout of S2=0.686.
Stop and reverse:
If trend gets reversed, sell (stop) orders will be opened at breakout of S2=0.686.
In this situation, there is an expectation to reach the target S3=0.6785.
Set the stoploss of reverse orders at breakout of S1=0.688.
If you would like to trade in the next 24 hours , the intraday forecasts of ForecastCity will show you the most accurate and the most likely actions and swings of the market. Our intraday forecasts are available before those of all the other sites. Our intraday forecasts are available very early in the day. It is one of ForecastCity’s glorious and positive qualities. This quality has made us the first forecaster that forecast tomorrow for you!
AUDUSD rebounds within falling wedge supported by +divergence AUDUSD has rebounded from the falling wedge pattern in which it has been moving from past one year. The bounce was supported by the positive divergence between the price and RSI indicated by blue lines. The upwards thrust can bring the prices to 0.68676. The stop loss for the entire trade will be at 0.66582.
AUDUSD Intraday ForecastAs we forecast uptrend for this day, so Forecast City suggests buy (limit) above S1=0.673.
But the short term forecast is range bound, so we expect to reach the following targets:
TP3: R1=0.6775.
TP4: R2=0.68.
Set the stoploss of these orders at breakout of S2=0.672.
Stop and reverse:
If trend gets reversed, sell (stop) orders will be opened at breakout of S2=0.672.
In this situation, there is an expectation to reach the target S3=0.6655.
Set the stoploss of reverse orders at breakout of S1=0.673.
If you would like to trade in the next 24 hours , the intraday forecasts of ForecastCity will show you the most accurate and the most likely actions and swings of the market. Our intraday forecasts are available before those of all the other sites. Our intraday forecasts are available very early in the day. It is one of ForecastCity’s glorious and positive qualities. This quality has made us the first forecaster that forecast tomorrow for you!
AUDUSD Intraday ForecastAs we forecast uptrend for this day, so Forecast City suggests buy (limit) above S1=0.6755.
But the short term forecast is range bound, so we expect to reach the following targets:
TP3: R1=0.68.
TP4: R2=0.683.
Set the stoploss of these orders at breakout of S2=0.6735.
Stop and reverse:
If trend gets reversed, sell (stop) orders will be opened at breakout of S2=0.6735.
In this situation, there is an expectation to reach the target S3=0.666.
Set the stoploss of reverse orders at breakout of S1=0.6755.
If you would like to trade in the next 24 hours , the intraday forecasts of ForecastCity will show you the most accurate and the most likely actions and swings of the market. Our intraday forecasts are available before those of all the other sites. Our intraday forecasts are available very early in the day. It is one of ForecastCity’s glorious and positive qualities. This quality has made us the first forecaster that forecast tomorrow for you!
Don't miss the great buy opportunity in AUDUSDTrading suggestion:
. There is a possibility of temporary retracement to suggested support line (0.6735). if so, traders can set orders based on Price Action and expect to reach short-term targets.
Technical analysis:
. AUDUSD 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= @ 0.6798
TP2= @ 0.6830
TP3= @ 0.6910
SL= Break below S2
AUDUSD WAVE ANALYSIS 23 AUG 19Hello Everyone,
AUDUSD we can clearly see free fall before and after FED rate cut. In Short term corrective 3 waves is forming on this pair. I am expecting Wave C Starts from 0.6753 target for this wave is 0.6877.
Don't miss the great buy opportunity in AUDUSDTrading suggestion:
. There is a possibility of temporary retracement to suggested support line (0.6735). if so, traders can set orders based on Price Action and expect to reach short-term targets.
Technical analysis:
. AUDUSD 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 44.
Take Profits:
TP1= @ 0.6830
TP2= @ 0.6905
TP3= @ 0.7000
SL= Break below S2
AUDUSD Elliot wave analysis - Full + Possible moveAUDUSD is on it's down correction mode.
It looks the final cycle 5 of lower degree is not yet complete. It is possible that it will go further down to make a lower degree 5.
If we consider the Grand impulse cycle, it looks the grand impulse 1 is complete, 2 is in the making. After that 3 could be steep upwards.
AUDUSD Intraday ForecastAs we forecast uptrend for this day, so Forecast City suggests buy (limit) above S1=0.694.
But the short term forecast is range bound, so we expect to reach the following targets:
TP3: R1=0.698.
TP4: R2=0.7.
Set the stoploss of these orders at breakout of S2=0.693.
Stop and reverse:
If trend gets reversed, sell (stop) orders will be opened at breakout of S2=0.693.
In this situation, there is an expectation to reach the target S3=0.6865.
Set the stoploss of reverse orders at breakout of S1=0.694.
If you would like to trade in the next 24 hours , the intraday forecasts of ForecastCity will show you the most accurate and the most likely actions and swings of the market. Our intraday forecasts are available before those of all the other sites. Our intraday forecasts are available very early in the day. It is one of ForecastCity’s glorious and positive qualities. This quality has made us the first forecaster that forecast tomorrow for you!
AUD/USD - DAY TRADE / HEDGE POSITIONHi, today we are going to talk about AUD/USD
In this day trade, we observe an excellent opportunity in the short term (Time frame H1). Details are highlighted above.
Thanks for reading, and have good trades.
A second Chance to Buy in AUDUSD...Midterm forecast:
While the price is above the support 0.7080, beginning of uptrend is expected.
We make sure when the resistance at 0.7380 breaks.
If the support at 0.7080 is broken, the short-term forecast -beginning of uptrend- will be invalid.
We will close our open trades, if the Midterm level 0.7080 is broken.
Technical analysis:
The RSI bounced from the support #1 at 39 and it prevented price from more losses.
A peak is formed in daily chart at 0.7295 on 01/31/2019, so more losses to support(s) 0.7085 and minimum to Major Support (0.7080) 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 49.
Trading suggestion:
There is still a possibility of temporary retracement to suggested support line (0.7080). if so, traders can set orders based on Price Action and expect to reach short-term targets.
If you missed our first HUNT, you have a second chance to buy above the suggested support line (0.7080).
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 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 :
Take Profits:
TP1= @ 0.7085
TP2= @ 0.7150
TP3= @ 0.7230
TP4= @ 0.7300
TP5= @ 0.7380
TP6= @ 0.7445
TP7= @ 0.7575
TP8= @ 0.7655
TP9= @ 0.7805
TP10= @ 0.8135
TP11= Free
A second Chance to Buy in AUDUSD...Midterm forecast:
While the price is above the support 0.7085, beginning of uptrend is expected.
We make sure when the resistance at 0.7380 breaks.
If the support at 0.7085 is broken, the short-term forecast -beginning of uptrend- will be invalid.
We will close our open trades, if the Midterm level 0.7085 is broken.
Technical analysis:
While the RSI downtrend #1 is not broken, bearish wave in price would continue.
A trough is formed in daily chart at 0.7075 on 01/25/2019, so more gains to resistance(s) 0.7230, 0.7300 and maximum to Major Resistance (0.7380) 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 53.
Trading suggestion:
There is still a possibility of temporary retracement to suggested support line (0.7085). if so, traders can set orders based on Price Action and expect to reach short-term targets.
If you missed our first HUNT, you have a second chance to buy above the suggested support line (0.7085).
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 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 :
Take Profits:
TP1= @ 0.7085
TP2= @ 0.7150
TP3= @ 0.7230
TP4= @ 0.7300
TP5= @ 0.7380
TP6= @ 0.7445
TP7= @ 0.7575
TP8= @ 0.7655
TP9= @ 0.7805
TP10= @ 0.8135
TP11= Free
AUDUSD Intraday ForecastAs we forecast uptrend for this day, so Forecast City suggests buy (limit) above S1=0.7155.
But the short term forecast is range bound, so we expect to reach the following targets:
TP3: R1=0.72.
TP4: R2=0.724.
Set the stoploss of these orders at breakout of S2=0.7145.
Stop and reverse:
If trend gets reversed, sell (stop) orders will be opened at breakout of S2=0.7145.
In this situation, there is an expectation to reach the target S3=0.708.
Set the stoploss of reverse orders at breakout of S1=0.7155.
If you would like to trade in the next 24 hours , the intraday forecasts of ForecastCity will show you the most accurate and the most likely actions and swings of the market. Our intraday forecasts are available before those of all the other sites. Our intraday forecasts are available very early in the day. It is one of ForecastCity’s glorious and positive qualities. This quality has made us the first forecaster that forecast tomorrow for you!
