The AUD/USD currency pair is currently in a favorable buying zone, with the exchange rate sitting at 0.65957. This indicates that it may be a strategic moment for traders to consider purchasing Australian dollars against the US dollar. By setting take-profit levels at 0.66282, 0.66387, and 0.66500, traders can establish clear targets for potential gains. These...
Here I have AUD/USD on the 1 Hr Chart! Tonight, we have seen Price make a drastic turn to the Upside back into this Descending Channel it was traveling in last week! With this False Break of the Falling Support, could we see the appearance of a BULL FLAG?!?! Now with a Bull Flag, we expect valid tests of both the Falling Resistance and Falling Support!! So far,...
Here is our detailed technical review for AUDUSD. Time Frame: 1D Current Trend: Bearish Sentiment: Overbought (based on 7-period RSI) Forecast: Bearish The market is on a crucial zone of supply 0.659. The above-mentioned technicals clearly indicate the dominance of sellers on the market. I recommend shorting the instrument, aiming at 0.648 level. P.S Please,...
AUDUSD is moving in an ascending channel between the trend lines. After reaching the dynamic resistance three times, the chart went for a pullback. We think that the price will continue to strive for the lower boundary of the channel. ------------------- Share your opinion in the comments and support the idea with like. Thanks for your support!
Examining the trend in the four-hour time frame, it seems that AUD/USD has formed a bullish head and shoulders pattern, and therefore, provided the price breaks through the resistance range of 0.6616-0.6605, the rate can so that the resistance interval of the middle level increases in the range of 0.6686-0.6673.
FX:AUDUSD is approaching the upper boundary of the upward channel. After breaking through the range zone and extending its upward momentum, the price is now facing resistance. On the daily timeframe, the market has repeatedly bounced off this resistance zone, leading me to believe that it will rebound again. The price action has formed a double top, followed by a...
AUDUSD👉Awaiting US CPI data Currently, AUDUSD is facing another strong resistance zone located near 0.6640. The price was rejected several times in the past by adding more value to the strength of this structure. We have to look for possible reversal signs if we want to trade on the "Short" side We have to wait for the price to bounce above 0.6640 for a...
long on AUDUSD after seeing a 4hour close to confirm the idea
Deal Colleagues, FX:AUDUSD price have rejected at the rejected counter of times in 3 days timeframe. It shows sellers will be positioning in coming days. While we also expecting USD to become extremely bullish in coming days. While AUD expected to remain bearish. Remember to use proper risk management.
Trading Setup: There is a Trading Signal to Sell in AUDUSD Currency Pair. Traders can open their Sell Trades NOW ⬇️Sell Now or Sell on 0.6634 ⭕️SL@ 0.6681 🔵TP1@ 0.6551 🔵TP2@ 0.6466 🔵TP3@ 0.6281 What are these signals based on? Classical Technical Analysis Price Action Candlesticks Fibonacci RSI, Moving Average , Ichimoku , Bollinger Bands Risk Warning...
YEH there is going to be a short it's basic supply and demand I am not gonna explain it. If you want to learn DM me :)
Trend: LSMA moving lower for 3+ weeks, pattern of Lower Highs and Lower Lows Momentum: Moved to Neutral as price retraces the selloff Japanese Candles: An imperfect Shooting Star is developing Chart Pattern: Bearish Channel Support and Resistance: 0.6675 is Support, 0.6400 is Resistance. Fundamentals: Aussie Retail Sales on Wednesday Trade: Open Short...
Welcome back! Let me know your thoughts in the comments! ** AUDUSD Analysis - Listen to video! We recommend that you keep this pair on your watchlist and enter when the entry criteria of your strategy is met. Please support this idea with a LIKE and COMMENT if you find it useful and Click "Follow" on our profile if you'd like these trade ideas delivered...
Also the bulls are in control the daily timeframe shows a turn around is possible on the 2h time frame sell entry is at 0.659 which is 0.382 Fibonacci level I expect a fall back in that zone take profit is 0.655 which is a previous low of a wick, stop loss is right above resistance level. Stay updated
Expecting a continuation of the upside for red and blue wave 5. 🚀 Entry = 0.66042 ☠️ SL = 0.65855 🏆 TP = - 0.66229 - 0.66416 - 0.66603
It's still early, but it looks like a good setup is cooking. I will wait and see the price action over the yellow pivot line (monthly)
AUD USD making Harmonics reversal chart pattern at 1h timeframe If we get entry at 0.66092 we can make some good profit
The release of core inflation rate data in the United States can impact the AUD/USD exchange rate, especially on a weekly timeframe, due to its influence on market sentiment and monetary policy expectations. Firstly, let's break down the core inflation rate. Core inflation measures the change in the price of goods and services, excluding volatile items like food...