GBPAUD BULLISH OUTLOOKAustralian dollar fell after building approval data came at -17%, while only -5% was expected.
GBPAUD had broke the resistance of the falling wedge pattern. RSI is above 50 and MACD histogram is above 0 line, plus the instrument is above both its 20 and its 50 MA, which is a bullish scenario.
If this scenario continues, we might see increase of the instrument's price to 1.715, the alternative scenario is the price to return to the falling wedge support at 1.687
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Audshort
AUDUSD LONG scalping ideaPlease follow if you want more
This post does not provide financial advice. It is for educational purposes only! You can use the information from the post to make your own trading plan for the market. But you must do your own research and use it as the priority. Trading is risky, and it is not suitable for everyone. Only you can be responsible for your trading
AU BIG SHORT OPPORTUNITY - SWING TRADEAUD/USD Not looking good here. There is a strong key level at 68-69c that has acted as a huge resistance and support in the past going back years down the line if you take a look. We've created some real heavy bearish structure leading into this level and we just closed below it on the daily. IF the bearish trend continues, we could see a rejection of this level and what once was support will turn to resistance and i see no stopping it until the Weekly order block located below at my TP. Big R:R Trade. Risk Rating: 6/10
NFA DYOR.
AUDUSD 4/22 2:07AM PT- Heading toward .7253 in the short term..The price actions shows it is heading toward .7253 range.
I expect the price to head bullish after it bounces off this range.
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AUDUSD - heading toward .7415 in the short term.It has been a long short term trend.
According to my POV, it looks like it is a time for a pullback.
The price might hedge little higher but that is the price range I am expecting to hit.
I am anticipating it will come back down but will need to see the price movement to confirm.
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AUD/NZD ShortFeb 16
A perfect sell setup for the pair. as the Russia ,Ukrain uncentainty ways on hi beta currencies , we expect it to have a very negative impact on the AUD and thus pressure the pair. The market structure has a perfect WXY pattern that makes the pair very attractive for the coming even. good trade manangement required.
AUDUSD Ending diagonal SHORTThis post does not provide financial advice. It is for educational purposes only! You can use the information from the post to make your own trading plan for the market. But you must do your own research and use it as the priority. Trading is risky, and it is not suitable for everyone. Only you can be responsible for your trading