Attachments: AUD/USD

AUD/USD

#97,201
May 15, 2016 11:19pm May 15, 2016 11:19pm

Blackopal
Joined Jan 2016 | Status: Trader | 1,788 Posts

Quoting trademark

Disliked

The bearish trend is still in place on the AUDUSD, that is why after the current pullback shown on the daily chart, the pair may go back down.

Ignored

Looks set to test .73 then likely flat until Europe and U.S. have a turn at it. Nimbinsstone might get his chance yet "I'd love to short from 0.746-9 for the longer term"

#97,202
May 16, 2016 1:11am May 16, 2016 1:11am

SkyrEk
| Joined Mar 2011 | Status: Trader | 876 Posts

Quoting SkyrEk

Disliked

I have long AU since this morning as well. .7250 is a good support area to long from. Have a great week ahead! {image}

Ignored

So far so good. Bulls are not giving up, yet.

Let's see how high the bulls will take this pair to.

Attached Image

#97,203
May 16, 2016 1:18am May 16, 2016 1:18am

CrazyOz
| Additional Username | Joined Jul 2015 | 519 Posts

Quoting SkyrEk

Disliked

{quote} So far so good. Bulls are not giving up, yet. Let's see how high the bulls will take this pair to. {image}

Ignored

0.7315

Combat crazy markets with crazy trading

#97,204
May 16, 2016 2:35am May 16, 2016 2:35am

nimbinsstone
| Joined Mar 2015 | Status: Trader | 299 Posts

Quoting Blackopal

Disliked

{quote} Looks set to test .73 then likely flat until Europe and U.S. have a turn at it. Nimbinsstone might get his chance yet "I'd love to short from 0.746-9 for the longer term"

Ignored

I've been hoping for 0.749 for a bit would be a great spot for a longer term short
as someone said the other day make the wish and it may come true
if not a decent bearish pinbar (4hr) will get me in anyway

#97,205
May 16, 2016 3:23am May 16, 2016 3:23am

Blackopal
Joined Jan 2016 | Status: Trader | 1,788 Posts

Quoting nimbinsstone

Disliked

{quote} I've been hoping for 0.749 for a bit would be a great spot for a longer term short as someone said the other day make the wish and it may come true if not a decent bearish pinbar (4hr) will get me in anyway

Ignored

It's good to see a bit of an upward move, a few bulls in the pasture. I'm going to let it cook overnight, see how it looks in the morning after the bears and bulls in all three of the major trading regions have had their say. I think it will get back above .73 tonight, may go back into range between .73 and .74 this week. I'll be patiently watching for the 4HR pinbar too. Keeping an eye on other AUD pairs also, it is at levels where it could have substantial upward bounces without much effort.

#97,206
May 16, 2016 3:23am May 16, 2016 3:23am

KeenPips
Joined Dec 2015 | Status: Trader | 8,759 Posts

The outlook on AU is on the bull-side atm. However, a change in disposition may happen around the WP to align with the weekly potential.

KP

Do your homework, follow the footprints of smart money

#97,207
May 16, 2016 3:29am May 16, 2016 3:29am

dianajs
| Joined Dec 2015 | Status: Trader | 868 Posts

I think it will reach 0.7315 - 0.7320 at best before it starts falling again. I am waiting it to reach that level so I can short.

#97,208
May 16, 2016 4:31am May 16, 2016 4:31am

Flieldel
| Joined Aug 2015 | Status: Trader | 138 Posts

I can see an excellent entrance to the AUD/USD market after passing the 0.731149 level. The price will go up.

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#97,209
Edited 4:52am May 16, 2016 4:38am | Edited 4:52am

erichmj
| Joined Nov 2011 | Status: Trader | 23 Posts

watch out, it's going to drop now...

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#97,210
May 16, 2016 5:29am May 16, 2016 5:29am

SkyrEk
| Joined Mar 2011 | Status: Trader | 876 Posts

Quoting erichmj

Disliked

watch out, it's going to drop now... {image}

Ignored

and you are using the 15mins chart to forecast it to drop?

Sorry to burst your bubble, it went up instead.

#97,211
May 16, 2016 6:36am May 16, 2016 6:36am

KeenPips
Joined Dec 2015 | Status: Trader | 8,759 Posts

Though AU in a retracement atm, downward sentiment prevails.

KP

Do your homework, follow the footprints of smart money

#97,212
May 16, 2016 6:45am May 16, 2016 6:45am

Starcraftmaz
Joined Mar 2012 | Status: Trader | 1,984 Posts

I thought something would happen on London open, but instead old people's bowels move more than AUDUSD....

#97,213
May 16, 2016 6:52am May 16, 2016 6:52am

galvcore
| Joined Feb 2015 | Status: Trader | 60 Posts

By end of day it'll have had a significant movement up or down. I hate it when the market hangs in suspense like this.

#97,214
May 16, 2016 7:09am May 16, 2016 7:09am

KeenPips
Joined Dec 2015 | Status: Trader | 8,759 Posts

Watch pa around 0.73079, the WP.

KP

Do your homework, follow the footprints of smart money

#97,215
May 16, 2016 7:10am May 16, 2016 7:10am

KeenPips
Joined Dec 2015 | Status: Trader | 8,759 Posts

Quoting KeenPips

Disliked

Watch pa around 0.73079, the WP. KP

Ignored

Equally an S/R on the 4-hour chart.

Do your homework, follow the footprints of smart money

#97,216
May 16, 2016 7:12am May 16, 2016 7:12am

Trendzalore
| Joined Jan 2014 | Status: Self Taught | 851 Posts

Quoting galvcore

Disliked

By end of day it'll have had a significant movement up or down. I hate it when the market hangs in suspense like this.

Ignored

AUD as a whole is about to go down in my opinion