AUDUSD Potential for Bullish Countitunation | 12th August 2022On the H4, with the price is over ichimoku cloud and MACD histograms are above zero axis, we have a bullish bias that price may rise from the buy entry at 0.70679, where the pullback support and 23.6% fibonacci retracement are to the take profit at 0.71603 where the 78.6% fibonacci projection, 78.6% fibonacci retracement and swing low are. Alternatively, price may drop to the stop loss at 0.69984 which is in line with 50% fibonacci retracement and pullback support.
Any opinions, news, research, analyses, prices, other information, or links to third-party sites contained on this website are provided on an "as-is" basis, as general market commentary, and do not constitute investment advice. The market commentary has not been prepared in accordance with legal requirements designed to promote the independence of investment research, and it is therefore not subject to any prohibition on dealing ahead of dissemination. Although this commentary is not produced by an independent source, FXCM takes all sufficient steps to eliminate or prevent any conflicts of interest arising out of the production and dissemination of this communication. The employees of FXCM commit to acting in the clients' best interests and represent their views without misleading, deceiving, or otherwise impairing the clients' ability to make informed investment decisions. For more information about the FXCM's internal organizational and administrative arrangements for the prevention of conflicts, please refer to the Firms' Managing Conflicts Policy. Please ensure that you read and understand our Full Disclaimer and Liability provision concerning the foregoing Information, which can be accessed on the website.
Aud-usd
AUDUSD 4hour Analysis August 7th, 2022AUDUSD Bearish Idea
Weekly Trend: Bearish
Daily Trend: Bullish
4Hour Trend: Bearish
Trade scenario 1: AU is looking bearish on the 4hour timeframe while still bullish on the daily.
Ideally, price action forms a lower high below our 0.69500 zone with strong bearish setups to enter short on.
Trade scenario 2: For us to consider AU bullish again we would need to see a break above 0.69500 with structure in the form of a higher low above.
AUDUSD short-term buyThe AUDUSD pair broke last week above its long-term Falling Wedge pattern and the 1D MA50 (blue trend-line) and has been consolidating ever since. With the 1D RSI on Higher Lows since May 02, which has been a Bullish Divergence, it is more likely that the rise will be resumed towards the 1D MA200 (orange trend-line) which has been the Resistance since April 22.
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AUDUSD Potential for Bearish Drop| 3rd August 2022On the H4, with price breaking the ascending trend channel, and the price and MACD is showing the bearish divergence, we have a bearish bias that price may drop from the sell entry at 0.68620, where the 50% fibonacci retracement is to the take profit at 0.67616 where the swing low and 78.6% fibonacci retracement are. Alternatively, price may reverse off the sell entry and rise to the stop loss at 0.70546 at 61.8% fibonacci retracement.
Any opinions, news, research, analyses, prices, other information, or links to third-party sites contained on this website are provided on an "as-is" basis, as general market commentary, and do not constitute investment advice. The market commentary has not been prepared in accordance with legal requirements designed to promote the independence of investment research, and it is therefore not subject to any prohibition on dealing ahead of dissemination. Although this commentary is not produced by an independent source, FXCM takes all sufficient steps to eliminate or prevent any conflicts of interest arising out of the production and dissemination of this communication. The employees of FXCM commit to acting in the clients' best interests and represent their views without misleading, deceiving, or otherwise impairing the clients' ability to make informed investment decisions. For more information about the FXCM's internal organizational and administrative arrangements for the prevention of conflicts, please refer to the Firms' Managing Conflicts Policy. Please ensure that you read and understand our Full Disclaimer and Liability provision concerning the foregoing Information, which can be accessed on the website.
AUDUSD Potential for Bearish DropOn the H4, with price breaking the ascending trend channel, we have a bearish bias that price will drop from the sell entry at 0.68724, where the 50% fibonacci retracement is to the take profit at 0.67653 where the swing low and 78.6% fibonacci retracement are. Alternatively, price may reverse off sell entry and rise to the stop loss at 0.70512 at 61.8% fibonacci retracement.
Please be advised that the information presented on TradingView is provided to Vantage (‘Vantage Global Limited’, ‘we’) by a third-party provider (‘Everest Fortune Group’). Please be reminded that you are solely responsible for the trading decisions on your account. There is a very high degree of risk involved in trading. Any information and/or content is intended entirely for research, educational and informational purposes only and does not constitute investment or consultation advice or investment strategy. The information is not tailored to the investment needs of any specific person and therefore does not involve a consideration of any of the investment objectives, financial situation or needs of any viewer that may receive it. Kindly also note that past performance is not a reliable indicator of future results. Actual results may differ materially from those anticipated in forward-looking or past performance statements. We assume no liability as to the accuracy or completeness of any of the information and/or content provided herein and the Company cannot be held responsible for any omission, mistake nor for any loss or damage including without limitation to any loss of profit which may arise from reliance on any information supplied by Everest Fortune Group.
AUDUSD Potential for Bullish Continuation | 2nd August 2022On the H4, with price moving above the ichimoku cloud and going along the ascending trend channel, we have a bullish bias that price will rise from the buy entry at 0.70538, where the 61.8% fibonacci retracement is to the take profit at 0.71534 at the swing high and 78.6% fibonacci retracement . Alternatively, price may reverse off buy entry and drop to the stop loss at 0.68970 at 38.2% fibonacci retracement .
Any opinions, news, research, analyses, prices, other information, or links to third-party sites contained on this website are provided on an "as-is" basis, as general market commentary, and do not constitute investment advice. The market commentary has not been prepared in accordance with legal requirements designed to promote the independence of investment research, and it is therefore not subject to any prohibition on dealing ahead of dissemination. Although this commentary is not produced by an independent source, FXCM takes all sufficient steps to eliminate or prevent any conflicts of interest arising out of the production and dissemination of this communication. The employees of FXCM commit to acting in the clients' best interests and represent their views without misleading, deceiving, or otherwise impairing the clients' ability to make informed investment decisions. For more information about the FXCM's internal organizational and administrative arrangements for the prevention of conflicts, please refer to the Firms' Managing Conflicts Policy. Please ensure that you read and understand our Full Disclaimer and Liability provision concerning the foregoing Information, which can be accessed on the website.
AUDUSD BUY Trading with the trendA well established bullish trend on the lower end time frames has formed giving a strong opportunity for an entry here. Both volume and the RSI's are lower indicating a good time to enter in line with the trend. We have entered long and will look to capture 50-80 pips from this 0.69300 level. Good luck
AUDUSD at the lower end of a bullish channelAUDUSD - Intraday - We look to Buy at 0.6950 (stop at 0.6905)
We are trading at overbought extremes. The current move lower is expected to continue. The bias is still for higher levels and we look for any dips to be limited. The trend of higher lows is located at 0.6911. We look to buy dips.
Our profit targets will be 0.7075 and 0.7170
Resistance: 0.7170 / 0.7285 / 0.7430
Support: 0.6915 / 0.6680 / 0.6540
Risk Disclaimer
The trade ideas beyond this page are for informational purposes only and do not constitute investment advice or a solicitation to trade. This information is provided by Signal Centre, a third-party unaffiliated with OANDA, and is intended for general circulation only. OANDA does not guarantee the accuracy of this information and assumes no responsibilities for the information provided by the third party. The information does not take into account the specific investment objectives, financial situation, or particular needs of any particular person. You should take into account your specific investment objectives, financial situation, and particular needs before making a commitment to trade, including seeking advice from an independent financial adviser regarding the suitability of the investment, under a separate engagement, as you deem fit.
You accept that you assume all risks in independently viewing the contents and selecting a chosen strategy.
Where the research is distributed in Singapore to a person who is not an Accredited Investor, Expert Investor or an Institutional Investor, Oanda Asia Pacific Pte Ltd (“OAP“) accepts legal responsibility for the contents of the report to such persons only to the extent required by law. Singapore customers should contact OAP at 6579 8289 for matters arising from, or in connection with, the information/research distributed.'
AUDUSD Potential for Bullish Continuation | 2nd August 2022On the H4, with price moving above the ichimoku cloud and going along the ascending trend channel, we have a bullish bias that price will rise from the buy entry at 0.70538, where the 61.8% fibonacci retracement is to the take profit at 0.71534 at the swing high and 78.6% fibonacci retracement. Alternatively, price may reverse off buy entry and drop to the stop loss at 0.68970 at 38.2% fibonacci retracement.
Any opinions, news, research, analyses, prices, other information, or links to third-party sites contained on this website are provided on an "as-is" basis, as general market commentary, and do not constitute investment advice. The market commentary has not been prepared in accordance with legal requirements designed to promote the independence of investment research, and it is therefore not subject to any prohibition on dealing ahead of dissemination. Although this commentary is not produced by an independent source, FXCM takes all sufficient steps to eliminate or prevent any conflicts of interest arising out of the production and dissemination of this communication. The employees of FXCM commit to acting in the clients' best interests and represent their views without misleading, deceiving, or otherwise impairing the clients' ability to make informed investment decisions. For more information about the FXCM's internal organizational and administrative arrangements for the prevention of conflicts, please refer to the Firms' Managing Conflicts Policy. Please ensure that you read and understand our Full Disclaimer and Liability provision concerning the foregoing Information, which can be accessed on the website.
AUDUSD looking up 🦐AUDUSD on the 4h chart after a downtrend that started from the 0.7600 level reached the weekly support at the 0.67500 area and bounced over it.
The market after a couple of attempts to break the support area started a retracement to the upside and broke the 0.68500 zone.
How can i approach this scenario?
I will wait fro a clear break of the 0.7000 resistance and in that case i will look for a nice long entry according to the Plancton's strategy rules.
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Follow the Shrimp
Keep in mind.
🟣 Purple structure -> Monthly structure.
🔴 Red structure -> Weekly structure.
🔵 Blue structure -> Daily structure.
🟡 Yellow structure -> 4h structure.
⚫️ Black structure -> <4h structure.
Here is the Plancton0618 technical analysis , please comment below if you have any question.
The ENTRY in the market will be taken only if the condition of the Plancton0618 strategy will trigger
AUDUSD Potential for Bullish Continuation | 1st August 2022On the H4, with price moving above the ichimoku cloud and going along the ascending channel, we have a bullish bias that price will rise from the buy entry at 0.69916 to the take profit at 0.70316 at the swing high. Alternatively, price may reverse off buy entry and drop to the stop loss at 0.68970 at 38.2% fibonacci retracement. Take note if the price breaks the take profit, it may rise to the resistance at 0.70663, which is in line with the swing high.
Any opinions, news, research, analyses, prices, other information, or links to third-party sites contained on this website are provided on an "as-is" basis, as general market commentary, and do not constitute investment advice. The market commentary has not been prepared in accordance with legal requirements designed to promote the independence of investment research, and it is therefore not subject to any prohibition on dealing ahead of dissemination. Although this commentary is not produced by an independent source, FXCM takes all sufficient steps to eliminate or prevent any conflicts of interest arising out of the production and dissemination of this communication. The employees of FXCM commit to acting in the clients' best interests and represent their views without misleading, deceiving, or otherwise impairing the clients' ability to make informed investment decisions. For more information about the FXCM's internal organizational and administrative arrangements for the prevention of conflicts, please refer to the Firms' Managing Conflicts Policy. Please ensure that you read and understand our Full Disclaimer and Liability provision concerning the foregoing Information, which can be accessed on the website.
AUDUSD 4hour Analysis July 31st, 2022AUDUSD Bullish Idea
Weekly Trend: Bearish
Daily Trend: Bullish
4Hour Trend: Bullish
Trade scenario 1: Price action is very bullish and is currently resting near 0.70000, a major zone.
One likely scenario is that bullish momentum continues. Look for a break of 0.70000 with a higher low above.
Trade scenario 2: For us to consider AU bearish we first need to see a break of 0.69500 support with a lower high below. Look to target lower toward 0.68500.
Stalling momentum indicates a turnaround is possible on AUDUSDAUDUSD - Intraday - We look to Sell at 0.7005 (stop at 0.7050)
Daily signals for sentiment are at overbought extremes. Although the bulls are in control, the stalling positive momentum indicates a turnaround is possible. This is negative for short term sentiment and we look to set shorts at good risk/reward levels for a further correction lower. Preferred trade is to sell into rallies.
Our profit targets will be 0.6875 and 0.6680
Resistance: 0.7170 / 0.7430 / 0.7660
Support: 0.6915 / 0.6680 / 0.6540
Risk Disclaimer
The trade ideas beyond this page are for informational purposes only and do not constitute investment advice or a solicitation to trade. This information is provided by Signal Centre, a third-party unaffiliated with OANDA, and is intended for general circulation only. OANDA does not guarantee the accuracy of this information and assumes no responsibilities for the information provided by the third party. The information does not take into account the specific investment objectives, financial situation, or particular needs of any particular person. You should take into account your specific investment objectives, financial situation, and particular needs before making a commitment to trade, including seeking advice from an independent financial adviser regarding the suitability of the investment, under a separate engagement, as you deem fit.
You accept that you assume all risks in independently viewing the contents and selecting a chosen strategy.
Where the research is distributed in Singapore to a person who is not an Accredited Investor, Expert Investor or an Institutional Investor, Oanda Asia Pacific Pte Ltd (“OAP“) accepts legal responsibility for the contents of the report to such persons only to the extent required by law. Singapore customers should contact OAP at 6579 8289 for matters arising from, or in connection with, the information/research distributed.'
AUDUSD Potential for bullish momentumOn the H4, with price moving above the ichimoku cloud and breaking out of the descending trend channel and moving in an ascending support, we have a bullish bias that price will rise to the buy entry at 0.69885 at the overlap resistance in line with the 78.6% fibonacci retracement. Once there is upside confirmation of price breaking entry structure, we would expect bullish momentum to carry price to the take profit at 0.70677 at the swing high resistance. Alternatively, price may reverse off entry structure and drop to the stop loss at 0.68966 at the pullback support.
Please be advised that the information presented on TradingView is provided to Vantage (‘Vantage Global Limited’, ‘we’) by a third-party provider (‘Signal Centre’). Please be reminded that you are solely responsible for the trading decisions on your account. There is a very high degree of risk involved in trading. Any information and/or content is intended entirely for research, educational and informational purposes only and does not constitute investment or consultation advice or investment strategy. The information is not tailored to the investment needs of any specific person and therefore does not involve a consideration of any of the investment objectives, financial situation or needs of any viewer that may receive it. Kindly also note that past performance is not a reliable indicator of future results. Actual results may differ materially from those anticipated in forward-looking or past performance statements. We assume no liability as to the accuracy or completeness of any of the information and/or content provided herein and the Company cannot be held responsible for any omission, mistake nor for any loss or damage including without limitation to any loss of profit which may arise from reliance on any information supplied by Signal Centre.