Ticker tape by TradingView

June 15, 2021

AUD- Hottest Market Moves

Frank Cabibi

6/15/2021

Buck pairs are moving hard this morning ahead of Australian employment numbers and after the US reports bad retail sales. A recent shift in sentiment in the forex market might have switched over to risk-off. European and Aussie currencies move hard ahead of US fed statements.

EUR/AUD

EURAUD 4H

EA up .4% on the day as Aussie is now turning bearish against the euro on the 4H. Bottoming support is at 1.56700s could be a good level to bounce from if price were to return. But, a higher high that formed could be a good sign for bulls on this pair, especially if USD starts dropping again (AUD will probably drop too).

AUD/USD

AUDUSD 4H

AU falls to support under 0.76743 and is showing some rejection from the lows which could be bullish potential. A falling trend line on the 4H timeframe could be a significant resistance level. Looks like a possible retest on the trendline will happen en lieu of FOMC.

AUD/CHF

AUDCHF 4H

ACHF is the biggest mover of the day down 0.59% as the Swiss Franc is gaining demand on cautious investors. Hitting the bottom trendline seems likely which also could result in a potential break under support.

A1 Edgefinder

FLASH SALE
Take 40% off the Edge finder using code "READER"
GET ACCESS NOW

want to see what we're trading?

Join The VIP Community!
Our entries, exits & analysis
Live Webinar Coaching
Trading Chatrooms
Strategy Library 
Exclusive Trading Guides
Use Code "READER" for 10% OFF!
JOIN NOWJoin FREE Discord
A1 Trading Podcast
We Like These Pairs For Next Week

As this week comes to a close, we are looking ahead at future setups that could be some of the best opportunities for the next several trading sessions. Here are some pairs for next week that we are looking at. EUR/JPY Recent data has shown a slow down in the German manufacturing sector. With European […]

Read More
More Downside On The SPX500 After This?

When it comes to testimonies, it's all in how you say it. Jerome Powell has to be very particular in the way he makes his statements and answers the ensuing questions. Here is what might be in store for the market in the coming days and weeks, and whether or not there will be more […]

Read More
More Upside For Yen After This

The historically 'safe' currency to hold in times of recessions is in a unique situation now with a couple factors in place. Here is why the yen is stronger today as well as some trade setups that could push its value either up or down. Weaker Yen Now, Stronger Yen Later The Bank of Japan […]

Read More
DISCLAIMER: All comments made by TraderNick’s Forex Group, LLC are for educational and informational purposes only. All comments should not be construed as investment advice regarding the purchase or sale of any securities or financial instrument of any kind. Please consult with your financial adviser before making an investment decision regarding any securities or financial instruments mentioned by TraderNick’s Forex Group, LLC. TraderNick’s Forex Group, LLC assumes no responsibility for your trading and investment results. All information on any of the platforms utilized by TraderNick’s Forex Group, LLC was obtained from sources believed to be reliable, but we do not warrant its completeness or accuracy, or warrant any results from the use of the information. TraderNick’s Forex Group, LLC, its employees, representatives, and affiliated individuals may have a position or effect transactions in the securities and financial instruments herein and or otherwise employ trading strategies that may be consistent or inconsistent with the provided strategies. Trading of any type involves very high risk and may not be suitable for all investors. TraderNick’s Forex Group, LLC, its subsidiaries and all affiliated individuals assume no responsibility for your trading and investment result. Read our full disclaimer here
homescreensmartphone linkedin facebook pinterest youtube rss twitter instagram facebook-blank rss-blank linkedin-blank pinterest youtube twitter instagram