AUD/USD | Page 5067 | 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

  • #101,321
  • Apr 30, 2017 11:51pm Apr 30, 2017 11:51pm
Quoting 1GoodTrade
This is my Aussie forecast for the upcoming week. The close below the big psychological number should keep the current downtrend intact and we should see more downside pressure. Looking for a retest of 0.7400 and even possible a retest of 0.7350. {image} Regards, 1GoodTrade Follow me on twitter: https://twitter.com/Daytrader213

The Aussie is trading above the 0.74824 for the time being. US data is not that promising. Also we are on the brink of war at the moment with North Korea the US is in a bad space.

The issue / challenge with US is the tax rate is going to be reduced yet their spending is going to increase which means budget deflict willl increase.
  • #101,322
  • May 1, 2017 12:37am May 1, 2017 12:37am
Attached Image (click to enlarge)
Click to Enlarge Name: AUDUSDH1-05-01-2017.png Size: 80 KB
  • #101,323
  • May 1, 2017 1:52am May 1, 2017 1:52am
Will it break up?
Attached Image (click to enlarge)
Click to Enlarge Name: aa.jpg Size: 75 KB
FF journal: Peaks and Troffs
  • #101,324
  • May 1, 2017 9:06am May 1, 2017 9:06am
Quoting newbegger
{quote} Ok, so far so good. I am going to lock in stop loss at break even now before any more news. Everything looks good for a steady decline in AUDUSD. The bears are in charge. Also looking at EURAUD for possible trade. It is at breakpoint so would prefer long on breakout but can also go short on bounce. The movers are definitely shorting Aussie straight away, also CAD and NZD being pushed down. EUR and GBP going in proper form against a declining USD Index.
Very close to the bottom, lol.

I always feel like
Somebody's watching me
Attached Image (click to enlarge)
Click to Enlarge Name: AUDUSDH1.png Size: 91 KB
Ecclesiastes 1:9
  • #101,325
  • May 1, 2017 10:21am May 1, 2017 10:21am
Quoting ruma29
{image}
closed +50
  • #101,326
  • May 1, 2017 10:24am May 1, 2017 10:24am
Attached Image (click to enlarge)
Click to Enlarge Name: AUDUSDH1-05-01-2017-2.png Size: 80 KB
  • #101,327
  • May 1, 2017 8:25pm May 1, 2017 8:25pm
More Aussie jobs to go http://www.news.com.au/finance/busin...3ecb2888f3c318

MG closing 3 of their factories - 1 this year and 2 next year (that's on top of much larger job losses later this year in automotive industry)
Hope for the best, prepare for the worst.
  • #101,328
  • May 1, 2017 11:43pm May 1, 2017 11:43pm
Pretty much a copy and paste of last month

http://www.rba.gov.au/media-releases/2017/mr-17-09.html

Nothing to see here .

They
  • #101,329
  • May 2, 2017 3:39am May 2, 2017 3:39am
Quoting 1GoodTrade
This is my Aussie forecast for the upcoming week. The close below the big psychological number should keep the current downtrend intact and we should see more downside pressure. Looking for a retest of 0.7400 and even possible a retest of 0.7350. {image} Regards, 1GoodTrade Follow me on twitter: https://twitter.com/Daytrader213
I've changed my view on Aussie.

The daily close above the big psychological number puts me off the bearish side. And more importantly, usually when we have the first day of the month a strong bullish/bearish candle, the trend will continue in that direction.

What is interesting now is that AUD/USD is following the print of USDCAD November-April price action. But as I said it needs to stay above 0.7500 on a daily closing basis but intraday it can deep below as long as we close above on the daily chart.
Attached Image (click to enlarge)
Click to Enlarge Name: Aussie-fractal.JPG Size: 189 KB


As long as it stays above 0.7500 on a daily closing basis I remain bullish. However a break below the recent lows will change my view again. You have to be able to listen to the song of price action and adapt to the new market conditions.

Regards,
1GoodTrade
---------------
Follow me on twitter: https://twitter.com/Daytrader213
  • #101,330
  • May 2, 2017 3:50am May 2, 2017 3:50am
Quoting lasty
Pretty much a copy and paste of last month http://www.rba.gov.au/media-releases/2017/mr-17-09.html Nothing to see here . They
Thats called a RBA bullshit special.
  • #101,331
  • May 2, 2017 3:53am May 2, 2017 3:53am
Quoting 1GoodTrade
{quote} I've changed my view on Aussie. The daily close above the big psychological number puts me off the bearish side. And more importantly, usually when we have the first day of the month a strong bullish/bearish candle, the trend will continue in that direction. What is interesting now is that AUD/USD is following the print of USDCAD November-April price action. But as I said it needs to stay above 0.7500 on a daily closing basis but intraday it can deep below as long as we close above on the daily chart. {image} As long as it stays above 0.7500...
Goodforecasting.

I am also bullish on the AUD... i had some buys at the 74800 mark and made a handsome profit. I didnt want to trade the AUD untill i herd the what the RBA had to say... THE AUD has fought off allot of negative press and market data but its still managing to remain bullish but the question is for how long. TRADE AUD with caution and also trade and USD with even more Caution.

If US attack North Korea mark my words USD willl crash and so will NASDAQ, DOW JONES and the ASX
  • #101,332
  • May 2, 2017 4:21am May 2, 2017 4:21am
Quoting jpcashflow
{quote} If US attack North Korea mark my words USD willl crash and so will NASDAQ, DOW JONES and the ASX
USA will not attack Nth Korea.
  • #101,333
  • May 2, 2017 5:16am May 2, 2017 5:16am
Anyone see USDAUD forming small head and shoulders on 1 hour chart?
  • #101,334
  • May 2, 2017 5:41am May 2, 2017 5:41am
Quoting redalert
{quote} USA will not attack Nth Korea.
Are you sure?
  • #101,335
  • May 2, 2017 5:42am May 2, 2017 5:42am
Quoting drbob8000
Anyone see USDAUD forming small head and shoulders on 1 hour chart?
Really nice pattern.
Going to provide some nice pips to catch.
  • #101,336
  • May 2, 2017 5:44am May 2, 2017 5:44am
Yeap, looks like head and shoulders. And I really hope for it, as I got quite a few short positions....
  • #101,337
  • May 2, 2017 5:47am May 2, 2017 5:47am
Quoting jpcashflow
{quote} Really nice pattern. Going to provide some nice pips to catch.
Meant to say AUDUSD.. sorry...
  • #101,338
  • May 2, 2017 5:49am May 2, 2017 5:49am
Quoting drbob8000
Anyone see USDAUD forming small head and shoulders on 1 hour chart?
Just now broke the neckline on futures chart...don't have my forex charts up now...
  • #101,339
  • Edited 6:36am May 2, 2017 5:50am | Edited 6:36am
Quoting ruma29
{image}
still in trade, currently +20, nice
  • #101,340
  • May 2, 2017 6:58am May 2, 2017 6:58am
AUDUSD
Pattern : Trend Line + Hidden Divergence

Sell Limit -> 0.75239
Stop Loss : 0.75653
Take Profit : 0.74659

Telegram Channel : https://goo.gl/MDNkK0
Attached Image (click to enlarge)
Click to Enlarge Name: AUDUSDmH4.png Size: 43 KB
44 traders viewing now