AUD/USD | Page 5173 | Forex Factory

Options

Go to
Permalinks
Print Thread

Related Instruments

AUD/USD

Similar Threads

EUR/GBP, EUR/USD, GBP/USD, AUD/USD, CAD, NZD, JPY, and more... 15 replies

EUR/USD, AUD/USD, and CAD/USD ready to move up 2 replies

Anyone here trading AUD/USD or USD/AUD tonight regarding AUS Home Loan Report? 1 reply

The AUD/USD 1.00 EUR/AUD 1.60 GBP/AUD 2.00 Thread! 0 replies

AUD Trade Balance and AUD Retail sales 6 replies

Attachments: AUD/USD
Exit Attachments

AUD/USD

  • #103,441
  • Dec 15, 2017 12:56am Dec 15, 2017 12:56am
aussie is the strongest currency past 72 hours. just a matter of few hours before it clears the overhead resistance.
7450 coming up next.
  • #103,442
  • Dec 15, 2017 1:18am Dec 15, 2017 1:18am
don't count waves until it hits 7740-7760. then you can try again. )))
  • #103,443
  • Dec 15, 2017 1:31am Dec 15, 2017 1:31am
0.7685 was hit a moment ago.
I'm looking for price action and possible reversal candle pattern on 15M, 30M TF

Anand,
Keon Consultancy
  • #103,444
  • Dec 15, 2017 1:59am Dec 15, 2017 1:59am
Quoting corpo30
possible reversal candle pattern
lol
  • #103,445
  • Dec 15, 2017 2:47am Dec 15, 2017 2:47am
Bullish until parity. - French philosopher.
  • #103,446
  • Dec 15, 2017 3:27am Dec 15, 2017 3:27am
not anytime soon
NO MATTER THE SITUATION,NEVER LET YOUR EMOTIONS OVERPOWER YOUR INTELLIGENCE
  • #103,447
  • Dec 15, 2017 3:30am Dec 15, 2017 3:30am
Quoting Trader-Waldo
not anytime soon
rocket science. 7750 gets rejected we hit 7500. 7500 cracks we hit 7250. etc etc. I think parity was just a joke. )))
  • #103,448
  • Dec 15, 2017 3:45am Dec 15, 2017 3:45am
I commented only on parity.
NO MATTER THE SITUATION,NEVER LET YOUR EMOTIONS OVERPOWER YOUR INTELLIGENCE
  • #103,449
  • Dec 15, 2017 6:07am Dec 15, 2017 6:07am
ok if we do get a decent size dip here I will buy it say 7620-7640 load zone target is the same - 7730-40. Just clearing some overhead supply, I do see a minor pullback just looking @ H4.
  • #103,450
  • Dec 15, 2017 8:33am Dec 15, 2017 8:33am
have a setup in AUDUSD (buying dip). will post when I enter. Probably next week, not today.
  • #103,451
  • Dec 15, 2017 12:08pm Dec 15, 2017 12:08pm
only buying dips here early next week (Mon/Tue). still in strong uptrend. minor setback (pullback). load zone revised to 7610-7630. I don't see this trading below 7600 before in hits 7700+ sometime next week.
  • #103,452
  • Dec 15, 2017 12:11pm Dec 15, 2017 12:11pm
both antipods are in JBTFD mode still (just buy the ***ing dip!). been there done that.
  • #103,453
  • Dec 15, 2017 6:59pm Dec 15, 2017 6:59pm
Quoting asgcorp
only buying dips here early next week (Mon/Tue). still in strong uptrend. minor setback (pullback). load zone revised to 7610-7630. I don't see this trading below 7600 before in hits 7700+ sometime next week.
But the tax-cut vote next week is supposed to bring this down. What makes you think that it will not trade below 0.7600?
No username yet? You are on my ignore list. Fuck off and do not quote me!
  • #103,454
  • Dec 15, 2017 8:08pm Dec 15, 2017 8:08pm
My view

Attached Image (click to enlarge)
Click to Enlarge Name: 4A98EC87-57A4-4799-90AA-CA33577D8BAE.jpeg Size: 90 KB
No username yet? You are on my ignore list. Fuck off and do not quote me!
  • #103,455
  • Dec 15, 2017 10:37pm Dec 15, 2017 10:37pm
Quoting corpo30
0.7685 is major resistance and target as it is monthly pivot R1. As per Newton's 1st law of motion, AUD/USD was weak and was downtrend until external forces (-ve core CPI of the US, dovish FOMC, +ve employment data of AUS.) were applied. Despite EUR/USD and GBP/USD retraced down enough against USD but AUD did not, AUD/USD will remain in this bullish condition until external force (either major technical factor like monthly pivot R1 or any economical new) will be applied. Note: Newton's 1st law of motion is 100% relevant not only to physics but also...
I'm not convinced it's a reversal on AU yet (obviously depends on your timeframe though). For mine I need to see a higher low on the daily and a push above 7729 for a more convincing higher high. FED for mine weren't that dovish (I didn't listen to their commentary but their economic projections didn't change much from Sept to Dec meets). Some of AU outperforming other USD crosses I attribute to EA having been overbought on weekly timeframe when price was 1.577 and we've now had a reversal or significant pullback with the recent visit to 1.532.

Without clear direction I've only taken one small short at 7664 (150 odd pips above the low for mine is safe place to begin building shorts and even if it is a bullish reversal I'll be able to add as it goes up and get out for net profit on next decent (100+ pip) pullback.
Hope for the best, prepare for the worst.
  • #103,456
  • Dec 15, 2017 11:50pm Dec 15, 2017 11:50pm
Quoting NotAtrader
My view {image}
yep that's pretty close. technical target is 7720-7740 next week. As noted previously just load up dips - load zone - yeah, you got it pretty much.
I'd say 7610-7630 - the bid @ close was 7642-44 - the pullback is not complete yet.

I will start loading up shorts once we hit overhead res - 7720-7740 is a great spot to build up shorts.

Regarding tax reform - yep, that's correct. US Dollar will reign supreme soon against pretty much all majors and minors. at least 2 weeks of US dollar strength coming.
that's why I will flip short soon. )))
  • #103,457
  • Dec 16, 2017 12:01am Dec 16, 2017 12:01am
average week range is 110-130 points, very heavy res is 7730 so 7730 - 120 = 7610. So that's where you start loading up this dip. Hope this helps.
  • #103,458
  • Dec 16, 2017 2:29am Dec 16, 2017 2:29am
Quoting asgcorp
{quote} yep that's pretty close. technical target is 7720-7740 next week. As noted previously just load up dips - load zone - yeah, you got it pretty much. I'd say 7610-7630 - the bid @ close was 7642-44 - the pullback is not complete yet. I will start loading up shorts once we hit overhead res - 7720-7740 is a great spot to build up shorts. Regarding tax reform - yep, that's correct. US Dollar will reign supreme soon against pretty much all majors and minors. at least...
Here is something in the same direction. Something I posted a couple of weeks ago. It looks like it can materialize. However, the tax reform will most certainly distort this view and may even invalidate it.

Attached Image (click to enlarge)
Click to Enlarge Name: 72B38A8C-9F4D-4E30-8C87-12A12B8044E2.jpeg Size: 131 KB
No username yet? You are on my ignore list. Fuck off and do not quote me!
  • #103,459
  • Dec 16, 2017 4:06pm Dec 16, 2017 4:06pm
Isn't it that tax reform is already priced in?
NO MATTER THE SITUATION,NEVER LET YOUR EMOTIONS OVERPOWER YOUR INTELLIGENCE
  • #103,460
  • Edited 4:52pm Dec 16, 2017 4:17pm | Edited 4:52pm
Quoting Trader-Waldo
Isn't it that tax reform is already priced in?
I don’t know, but I think that it cannot be fully priced in, as no one can be 100% sure that it will get thru.
No username yet? You are on my ignore list. Fuck off and do not quote me!
188 traders viewing now