AUDUSD trade ideas
audusd may go uponly for educational purpose not a financial advice
audusd can go up after closing above 50 moving average on hr1 timeframe wait for the price to close above it then you can take a buy position.
adu seems to go up because of good economic conditions in comparison of other country. and us dollar numbers seems pretty week from last week.
AUDUSD Preparing to Sell (4H Chart) Hello Everyone ,
#AUDUSD is completing right shoulder of H&S pattern at 4H .
Good Oppounity to sell at 0.77951 if selling pressure occurs above it..
Target 1: 0.77277
Target 2: 0.76835
Target 3: 0.75724
Happy Trading !!
AUDUSD Swing-Sell 100 Pips targetReason for selling AUDUSD
Fundamental factors are supporting the USD as the recent inflation figure beats the expectation 4.16% which causes the buying of USD against major pairs.
It has reached lower trendline area.Sell AUDUSD when it reaches around the .618 Fibonacci level and primary target would be 1.272 Fibonacci.
AUDUSD #audusd
Sell limit @ 0.77770
Take profit @ 0.76600
Stop lose @ 0.78200
AUD/USD BULLISH COT DATA IS BULLISH AND ABOUT TO BREAK THE STRUCTURE AS WELL
SO WATCH PRICE ACTION ABOVE THE RESISTANCE LINE AND TRY TO TAKE ENTRY AT LOWER TIME FRAME
AUDUSD BullishThis is an uptrend as you can see trend lines. Price expected to bulish the resistent trend line, it may take a little long to get to TP3.
AUDUSD : Backtest for the month of April 2021Both the bomb and bullet setups are considered in this backtest.
China tensions weigh on Aussie, NFP loomsThe Australian dollar is slightly higher in Thursday trade. In the North American session, AUD/USD is trading at 0.7756, up 0.12% on the day. On the fundamental front, the RBA releases its quarterly policy statement on Friday (1:00 GMT).
Relations between China and Australia continue to spiral downwards. China has engaged in a trade war against Australia, which included tariffs on Australian wine exports in November. Last month, the Australian government made the unusual move of cancelling an infrastructure agreement between China and the State of Victoria, which was connected to China's Belt and Road initiative. Predictably, the move was harshly criticised by the Chinese government.
The latest salvo was fired earlier on Thursday, as China said it was indefinitely suspending the China-Australia Strategic Economic Dialogue. The dialogue has been frozen since 2017, so the move appears to be largely symbolic. The huge trading relationship between the countries will likely not be affected, such as Australian exports of iron ore to China. Still, the announcement of the suspension of the dialogue was enough to send the Australian dollar briefly lower. If there are further negative political developments between the two countries, the Aussie could face a bumpy road.
All eyes will be on US nonfarm payrolls for April, which will be released on Friday (12:30 GMT). The ADP Employment Report is not considered a reliable gauge for the official NFP, but investors couldn't help notice that the ADP reading jumped to 742 thousand, up from 514 thousand. Nonfarm payrolls climbed to 916 thousand in March and with a forecast of 990 thousand, a reading above the symbolic one-million mark is certainly within reach. If nonfarm payrolls outperforms, risk sentiment would improve, which would be bearish for risk commodities like the Australian dollar.
AUDUSD NICE LONG OPPORTUNITYTime to take a LONG entry on AUDUSD based on below price action:
Confirmation:
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(i) Nice bounce back from multiple support area 0.77000
(ii) Short term downtrend line break
(iii) Market already in a range with multiple respect on the same R/S area
TAKE ONLY 2% RISK OF CAPITAL PER TRADE
AUDUSD - RANGE BOUND Description:
The counter AUDUSD is moving between the price range of 0.7691 and 0.7815 in a parallel channel. Both the flat-top resistance and the support base seem to be stronger. Therefore the counter is expected to continue in the parallel channel. Determining the trend is very difficult for this condition. Breakout of the parallel channel will specify the trend of the counter. Swing trading is more preferable for this condition. The Stop loss is mandatory for performing swing trading. Levels of the stochastic indicator will be very useful for swing trading.
The major levels for this counter are
R2 – 0.7805
R1 – 0.7782
PP – 0.7744
S1 – 0.7722
S2 – 0.7683
Short Term "Long" Call for "AUDUSD"This is Just for Educational Purpose.
Short Term Long Call for AUDUSD.
AUDUSD possible short sell OPPORTUNITYAUDUSD possible short sell OPPORTUNITY, if break the next support at 0.76000
Confirmation:
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(i) Already in a downtrend
(ii) Double/Tripple Top chat pattern formed & fall
(iii) Short term uptrend line break
(iv) symmetrical triangle pattern break
USE ONLY 2% OF CAPITAL PER TRADE
USDAUD SUPPLY DEMAND AREAS FOR NEXT WEEK SEASON USDAUD trade between imporant levels of 1.3000 and 1.2780.Here I identify the supply
demand areas for next week trade.we must wait for retest of the supply zone 1.3014
1.2987.after the trene line breakout then we will take the short postion for the target
of 1.2800
