AUDUSDA good short setup, but is advised to be taken only after a confirmation on lower time frames (H4). We need confirmation because of the possibility of a Head & Shoulders in progress with the right shoulder projected around 0.80600.
Aussiedollarshort
AUDUSD Short Good area of previous resistance, we have had a 0.618 fib and a few failed attempts to break this level.
I'm aiming for the 0.7800 level
2:1 rr
$AUDUSD SwingA clean break and retest of the TL after market struggled to hold above the .8000 quarter point could see the market move back towards the .7800 lvl
AUDCHF SHORTMy analysis is that the price already passed my favorite magic fibonacci level in between 61.8% - 50.0 %, It will continue to go short until 0.71471. Furthermore when you take out the trend line it makes a 2 LH and 2 LL which make the setup even more strong for the aussie dollar to go short for next week. be sure to keep an eyes for this pair!
Make sure to put the stop loss around 0.73600 which make around 20 pips. Trade safely!
Shorting the Aussie.I have a hard time believing this rally is legit. Dive into the numbers, wages are down debt is up. Still some unfinished business down under. AUDUSD
AUDCAD REENTRY SELLI have been reentry sell position at 1.01982 and wanting to hold short until 0.99576 . after the market open hoping to gap down below because of the French Election this Sunday.
SHORT AUSSIE 75.20Sold @ trend line resistance. 75.20 with a 50 point stop 75.70
Target 74.20 Playing dollar strength. DXY -0.04% also at support and looking for interest hike momentum to push dollar up.
potential AUDUSD short setupaussie/dollar rejecting key level now, possible short trade now or price can go further up to test the (potential) trendline and key level 0.7512
Daily TF: AUDUSDI believe t is ranging,
so to "play the game", without fundamentals nearby can mean repetition is on the way to the downside for months waiting time for gain.
SHORT AUDUSD to 0.7510This is a short term sell to 0.7510 where I expect a violent rally to 0.7664 after that.
Short AUDUSD babyShort - rejection from 0.76 round number and 38.2% retracement of the down leg.
Fundamentally there is monetary policy divergence between RBA and Fed which supports this trade.
Hedge with AUDJPY longs from current levels.
AUDUSD; Back To Bearish Mode SoonWe have all kinds of heinous bearish signs; from RD- to HD-.
I will go short after uptrend line is broken.
Good luck,
Ali Sharifazadeh, CFTe
AUDUSD SHORTShort taken on Friday.
noticed the 3rd trend line touch, alongside the formation of a tweezer top at the 50% fib level.
The MA's have also just crossed indicating downside momentum when you go down to 2H time frame, which i entered off after a counter trend line break.
entry @ 0.7318
stop - 0.7370
tp1 -0.7165
tp2 - 0.0750
1:3 risk reward
peace !
AUD/USD - TESTING THE 3-MONTH FALLING TRENDLINEFX:AUDUSD
AUD/USD DAILY
The rate broke the gap resistance yesterday and is now testing the 3-month falling trendline and former support level at 0.7330.
It came within 10 pips of stop loss, but I am still holding the positions and will be looking to scale in the trade.
My bias is still lower, however I am will be waiting for today's NFP figures before entering any new short positions.
A break above the trendline and yesterday's high at 0.7356 would invalidate my immediate bearish bias, but only to wait for a deeper pullback towards the broken channel around 0.7500 to sell from better prices.
AUDUSD Short AnalysisUSD strength expected to continue.
price recently broke daily support and re-confirmed this as resistance (orange line)
before moving lower.
Higher TF support break missed, so looking for short entries on hourly support/resistance levels.(green lines)
entered at 0.72400, suspect this to form resistance and TP at lower previous hourly support.
AUDUSD SHORT: Fundamental and TechnicalFundamentally: growing monetary policy divergence between the Fed and RBA.
Technically: AUDUSD has broken the 2016 uptrend line.
A 38.2% correction from recent lows was to be expected, given the sheer pace of dollar strength.
The next leg is down to 0.70.
Perhaps the best trade going into 2017.
