Tag Archives: AUD Weakness

AUD/USD Strong Selloff Signal 9-9-2016

Today in forex trading the AUD/USD had a strong selloff. The sell signal from The Forex Heatmap® is shown below. This pair is approaching support at the 0.7515 area, we would scale out lots or exit any short term sells on this pair as the AUD/USD continues down to this price.

AUD/USD Strong Selloff Signal

AUD/USD Strong Selloff Signal 9-9-2016

AUD/USD Strong Selloff Signal

AUD/USD Strong Selloff 9-9-2016

When the AUD/USD has strong selloff it is always because one currency is weak and the other currency is strong. Today the AUD was weak and the USD was strong. The same thing in reverse can happen when there is a strong up cycle. This is why The Forex Heatmap® is so valuable. It works for short term buy or sell trades like today, but it also works when entering strong up trends.

In the case of trading with the trend, traders can hold onto their position and ride the trend with the strong entries this tools helps to provide. It is part of our overall trend based trading system. Since the AUD/USD is not trending right now, just cycling between support and resistance, we recommend good money management and scaling out lots. Any forex trader can trade profitably using these principles and tools, parallel and inverse analysis and currency strength are vital to the success of your forex trading program.

Forex Alert System AUD Weakness 8-11-2015

Today in forex trading The Forex Heatmap® had a trade alert for the AUD pairs. The AUD (Australian Dollar) weakness drove significant price movement on all pairs in the AUD group. There was also some EUR (Euro) strength in the market. The EUR/AUD had a very strong movement to the upside. This pair is currently ranging and should continue up to the next resistance area at 1.5250 resistance area, so we would scale out some lots on any buy trades today. The visual alert system you see below is The Forex Heatmap®, which provides visual forex trading alerts for 8 currency groups and 28 currency pairs.

Forex Alert System AUD Weakness 8-11-2015

Forex Alert System AUD Weakness 8-11-2015

Forex Trading Alert AUD/CHF Sell 11-24-2014

Today in the main trading session the AUD/CHF had a  visual sell alert on The Forex Heatmap®. The heatmap showed consistent AUD  (Australian Dollar) weakness on all pairs, which drove intra-day price movement. There was also some EUR strength and CHF strength in the market. The EUR/AUD rose and the AUD/CHF dropped. These pairs are not trending, they are ranging on the smaller time frames, therefore we would scale out lots on these short term trades. The heatmap trading alerts are visual alerts for 28 pairs.

Forex Trading Alert AUD/CHF Sell 11-24-2014

Forex Trading Alert AUD/CHF Sell 11-24-2014

Forex Market AUD Weakness 11-19-2014

Today in the forex market the Australian Dollar (AUD) was weak on all pairs. This drove strong price movement for forex traders. There was also some British Pound (GBP) strength and minor Swiss Franc (CHF) strength in the market as well. This drove the GBP/AUD higher and the AUD/CHF lower. The movements were strong but both pairs are ranging inside of support and resistance, so we would scale out lots on either trade. The AUD weakness you see below is shown on The Forex Heatmap®, which gives live buy and sell signals for 28 pairs including the AUD pairs.

Forex Market AUD Weakness 11-19-2014

Forex Market AUD Weakness 11-19-2014

Currency Strength Indicator CAD Weakness 9-11-2014

Today in currency trading the CAD (Canadian Dollar) was weak on pairs, driving strong price movement on several pairs. The AUD (Australian Dollar) was also weak today. The AUD/CHF dropped, but this pair is at one support level and we would be scaling out lots on this pair and taking some profit at these price levels. The EUR/CAD moved up strong and should trend up and continue higher to the next resistance level at around 1.4325.

Currency Strength Indicator CAD Weakness 9-11-2014

Currency Strength Indicator CAD Weakness 9-11-2014

Currency Trading Signals EUR/AUD 9-8-2014

Today in currency trading The Forex Heatmap® signaled a buy on the EUR/AUD. The Australian Dollar (AUD) was weak on all pairs, and the market also had some Euro (EUR) strength and Swiss Franc (CHF) strength. This drove the movement and trading cycles on the AUD/CHF and EUR/AUD. These movements were against the major trends of the market but were very good short term movements for intra-day trading. The trading signal system you see below is The Forex Heatmap®, which provides live signals for the AUD pairs and seven other currency groups.

Currency Trading Signals EUR/AUD 9-8-2014

Currency Trading Signals EUR/AUD 9-8-2014

AUD/NZD Sell Signal 8-7-2014

Today in forex trading the AUD/NZD had a sell signal on The Forex Heatmap®. The Australian Dollar (AUD) started to weaken in the Asian session after the AUD employment report news. There was also some New Zealand Dollar (NZD) strength in the main session today, which drove this pair lower. The AUD/NZD is currently trading at the 1.0925 support level, we suggest taking some profit at this support level. The signal system you see below is The Forex Heatmap®, which is a visual map and indicator system for the forex market, it provides live buy and sell signals for 28 pairs.

AUD/NZD Sell Signal 8-7-2014

AUD/NZD Sell Signal 8-7-2014

Forex Signals AUD Weakness 5-20-2014

Today in forex trading the AUD (Australian Dollar) weakness drove price movement on all pairs in the group. There was a strong downward move on the AUD/JPY, this pair is trending down on the D1 time frame and will continue lower. The GBP/AUD also rose to the 1.8200 resistance area, we would scale out some lots here and we will check the trends on this pair to see if it will continue. Check our next set of trading plans that will be published later today.

Forex Signals AUD Weakness 5-20-2014

Forex Signals AUD Weakness 5-20-2014

 

Forex Signals AUD Weakness 4-22-2014

Today in forex trading the the AUD (Australian Dollar) was weak on all pairs. This weakness started after the CPI news drivers were announced.  Many of the AUD pairs had strong movements, however due to the amount of AUD strength in the overall market trends we suggest profit taking.  At some point we would expect these pairs to reverse, so we consider the movements today to be short term. Pairs like the AUD/CHF and EUR/AUD may continue moving one more day before stalling at support and resistance, respectively. The live trading signals you see below are from The Forex Heatmap®.

Forex Signals AUD Weakness 4-22-2014

Forex Signals AUD Weakness 4-22-2014

Live Forex Signals AUD Weakness 1-23-2014

Today in forex trading the Australian Dollar (AUD) was weak on all pairs. There was also some Swiss Franc (CHF) strength in the market. This drove the AUD/CHF to near eight week lows. The Euro (EUR) strength in  the market also drove the EUR/AUD upward past all recent resistance to new breakout levels. The EUR/AUD is trending on all of the higher time frames and should continue higher. The live forex signal system you see below is the Forex Heatmap®, which provides trading signals for 28 pairs and eight currency groups.

Live Forex Signals AUD Weakness 1-23-2014

Live Forex Signals AUD Weakness 1-23-2014