Hello traders! ‼️ This is my perspective on AUDUSD. Technical analysis: As we can see here price broke the structure and started to form higher highs and higher lows, so now I look for long position. I expect price could continue the retracement to fill the imbalance lower and then to reject from bullish order block. Like, comment and subscribe to be in touch...
Pair: FX:AUDUSD Timeframe: H4 - Medium Term (MT) Direction: Long Technical Confluences for Trade: - Stochastics are in Oversold Conditions on D1, H4 and H1 time-frames - Price action is now at the middle of a parallel channel - Price is at 61.8% Fib Extension Level - Aiming for the 50% Fibo Retracement which the horizontal line shows a supply-demand...
AUD-USD forex pair right now is moving in a bearish direction. However, the pair has tested its support several times. In addition there is a clear bullish divergence. Therefore, this trading signal is designed to grab the LONG Trade oppurtunity on this forex pair. If the Entry Level mentioned in the trade breaks, there are clear chances that this forex pair will hit TPs.
Price for AUDUSD may be looking to turn after a week of selling. It has left a wick below, signalling rejection. An order block was drawn, in hope to ride out the sell - however it was broken through, leading to the confirmation of the above. Using the breaker block I’m using the highest recent point for my first take profit and the swing highs as my future take...
Hello traders! ‼️ This is my perspective on AUDUSD. Technical analysis: Here we are in a bearish market structure from 4H timeframe perspective, so I look for a short. I expect price to continue the retracement to fill the imbalance higher and then to reject from FIBO 0.618 level. Fundamental news: This week on Friday will be released Unemployment Rate on AUD,...
I am going long on AudUsd as it has retested the support trend line and it has broken the resistance trend line. First TP is at the first zone. If it fails to go long and breaks the support below and closes below, my setup will be invalid
MARKET PHASE OANDA:AUDUSD is in a long term uptrend (daily) with a short term corrective structure that has been taking place (4 hour). AREA OF VALUE Price continued to break lows within the corrective structure until it began to hold the bottom. There was a buildup of liquidity (sell stops, shorts, long order stop losses) below the corrective structure...
Hello traders, I hope you had great profits by selling AUD/USD last week. In my previous AUD/USD idea, I recommended selling AUDUSD@0.6620 zone, that call generated over 180 pips profit. Currently, AUD/USD has bounced off the support zone by almost 30 pips. This makes me wonder, if there is a potential long entry here. So, if the support level that I had...
AUDUSD is currently at a very powerful support level.. the next target is the resistance level all the way at the top. There is also a strong level of support with the trend line below. This is a very good buy opportunity - huge profit potential.
30m buy signal printed. Coming up off 4h demand zone. 1.5RR up to green line.
Australian consumer inflation expectations increased in April Australian consumer inflation expectations for April: 4.6% Previous: 4.3% The RBA will not want to see inflation expectations become out of control.
Don't forget about stop-loss. Write in the comments all your questions and instruments analysis of which you want to see. Friends, push the like button, write a comment, and share with your mates - that would be the best THANK YOU. P.S. I personally will open entry if the price will show it according to my strategy. Always make your analysis before a trade
AUDUSD - 24h expiry Price action looks to be forming a bottom. The sequence for trading is higher highs and lows. The 50% Fibonacci retracement is located at 0.6600 from 0.6560 to 0.6645. Setbacks should be limited to yesterday's low. Dip buying offers good risk/reward. We look to Buy at 0.6600 (stop at 0.6575) Our profit targets will be 0.6665 and 0.6680...
Hello Traders, here is the full analysis. The completed correction, recovery and formation of a pre-breakout set-up hint at the continuation of growth. GOOD LUCK! Great BUY opportunity AUDUSD I still did my best and this is the most likely count for me at the moment. Support the idea with like and follow my profile TO SEE MORE. Traders, if you liked this idea or...
Based off daily chart Confirmations 1. Previous daily closed above resistance. 2. Current daily tapped into daily support level then rejected 3.Liq grab at 0.66 area on 4hr charts Looking to fill previous daily wick
**Monthly Chart** March 2024 monthly candle closed as a reversal doji candle after breaking the high of the previous candle, then closed near the low of the March candle. This indicates that AUDUSD has a strong probability to start moving higher. **Weekly Chart** Last week's candle closed as an engulfing candle after taking the high of the previous week's...
I am going long on AudUsd as it has tested the resistance/support zone and has broken the trend line. Should it break the previous support zone, my setup will be deemed invalid.
In our last analysis, we had anticipated the AUD/USD would drop but after the ISM PMI result, the market turned the table and told us that the price has more corrections to do. in this case, we expect an ABCDE diagonal triangle pattern to be completed by price. Our technical view has been shown in the chart. If you like it then Support us by Like, Following,...