AUDUSD I Potential bullish continuation Welcome back! Let me know your thoughts in the comments!
** AUDUSD Analysis - Listen to video!
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Thanks for your continued support!Welcome back! Let me know your thoughts in the comments!
Audusdtechnicalanalysis
AUDUSD I Potential corrective bounce or consolidation Welcome back! Let me know your thoughts in the comments!
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POTENTIAL TRADE SETUP ON AUDUSDHey Traders,
Check out this technical analysis on AUDUSD; it appears to be undergoing a small pullback, potentially indicating a bullish momentum continuation.
However, I would recommend waiting for a proper retest of the broken key level before considering a buy-trade entry.
Alternatively, there may be an opportunity for a sell trade if the market breaches the evident support area.
Keep a close eye on this.
AUDUSD I Pre-NFP Analysis brief pullback and more growthWelcome 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.
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AUDUSD I Potential long from support pending USD PPIWelcome 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.
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AUDUSD Analysis 14Sep2023To observe a positive trend for AUDUSD in the bullish market, certain obstacles need to be overcome. This includes breaking through resistance areas and trendlines to determine the direction of the bullish trend. The resistance zone appears to be the initial target, with a high chance of the price responding positively to it.
AUDUSD Analysis 17Aug2023If you look at the current audusd analysis, the price may be at the saturation point of sale. The RSI looks divergent. If we draw Fibo, the price extension is in the Fibo area of 1,618. Indeed, there is a possibility that the price will continue to go down and remain bearish. If you want to do a long-term trade, you would be better off waiting for a reversal when there is a bullish candle engulfing.
AUDUSD Analysis 7Aug2023There was a slight change in the position of Elliot's notation compared to last week's analysis. If you see a pattern that resembles a bullish falling wedge, then the possibility of the current Wave correction is at the end of the period and will enter the beginning of the bullish again. This analysis of crows when the price drops more than the invalid area
AUDUSD Analysis 14July2023AUDUSD analysis is in accordance with the analysis a few days ago. the price finally bullish broke through the resistance area and now looks correction.
To determine the next target, we can draw fibo extensions from the beginning of wave 1 and the base of wave 2 to find the approximate length of wave 3.
AUDUSD 13June2023there is a change in the elliot notation for this pair. looking at the bullish pattern that occurred, this is not a correction model, but an impulse bullish. It could be the escort of the bullish trend. I suggest that if you want to buy, it's better to hold and wait for the SnD area in the middle.
AUDCAD 31 March 2023Analysis:
Inverted Cup and handle in 1 hr time frame
In 4 Hrs Time frame possible Head and Shoulder
neck line intact. In 1 hour also Bearish Flag in
process but still lowest point of flag in not breached.
Short Call, Short on strength bases.
TRADE PALN:
SELL STOP 0.90399
STOPLOSS 0.91046
TARGET 1 0.89783
TARGET 2 0.89149
AUDUSD - CURRENT SITUATION AND FUNDA & TECHNICAL BIAS#AUDUSD
- Currently the MARKET SENTIMENT for AUD is slightly UP SIDE according to the MARKET SENTIMENT. Even now, if RISK ON for AUDUSD happens in the near future, it can definitely go UP. Therefore, AUDUSD currently has an UPSIDE BIAS.
Several RBA HAWKISH COMMENTS have been released. Also USD has become STRONG in short term with FED SENTIMENT. It will most likely be temporary. Therefore, STOCKS and COMMODITIES MARKETS are going down quite a bit. It is heavily influenced by the Australian dollar. And AUSTRALIA INFLATION DATA was very POSITIVE. Due to this, the RBA made a RATE HIKE.
- It is definitely possible to break the AUDUSD STRUCTURE and go up to the higher RESISTANCE LEVEL. Accordingly, AUDUSD can rise up to 0.7100 LEVEL. After that, if MARKET RISK OFF, AUDUSD can SELL to AUDUSD 0.6552 LEVEL if the MARKET SENTIMENT changes and STOCKS and COMMODITIES start going down. For that, the MARKET STRUCTURE should be BREAK. And RISK should be OFF.
AUDUSD - CURRENT SITUATION AND FUNDA & TECHNICAL BIAS#AUDUSD
- Currently the MARKET SENTIMENT for AUD is slightly UP SIDE according to the MARKET SENTIMENT. Due to RISK ON for AUDUSD, there is currently an UPSIDE BIAS for it. The main reason for that is that the US ELECTION was won by the REPUBLICANS and the US CPI DATA is NEGATIVE. Therefore, STOCKS and COMMODITIES MARKETS are going up a bit now. It is heavily influenced by the Australian dollar. And the AUSTRALIA INFLATION DATA was very POSITIVE that day. Due to this, the RBA made a RATE HIKE.
- It is definitely possible to break the AUDUSD STRUCTURE and go up to the higher RESISTANCE LEVEL. Accordingly, AUDUSD can go up to 0.7000 0EVEL. After that, if MARKET RISK OFF, AUDUSD can SELL to AUDUSD 0.6405 LEVEL if MARKET SENTIMENT changes and STOCKS and COMMODITIES start going down. For that, the MARKET STRUCTURE should be BREAK. And RISK should be OFF. audusd
AUDUSD - CURRENT SITUATION AND FUNDA & TECHNICAL BIAS#AUDUSD
- Currently AUDUSD is going UP very fast. The reason for that is the RBA RATE HIKE FORECAST and the weakness of the dollar yesterday. A MARKET FEAR about the economic recession is currently underway.
- Thus, COMMODITIES are going up now. It also affects the AUD very strongly.
- AUDUSD can move further until it reaches the 0.6763 level. And after that, if the MARKETS RISK is ON, the TREND LINE in AUDUSD has definitely been BREAKED by now. It can be BUY up to 0.7233 LEVEL if the RISK ON condition continues with USD WEAKNESS.
AUDUSD - CURRENT SITUATION AND FUNDA & TECHNICAL BIAS- DXY is currently at 101.901 LEVEL. Also the AUD FEATURE stays at 0.7184 LEVEL. The AUDUSD PRICE is rising above the DYNAMIC S / R LEVELS. Therefore, most of the time the PRICE can be slightly higher than the DYNAMIC LEVELS. Then you can BREAK TREND LINES and DOWN.
- STOCKS are currently DOWN. And VIX is becoming DOWN. Also COMMODITIES OVERALL DOWN. Also BONDS PRICES are becoming NEUTRAL. Also BONDS SPREADS are DOWN. Currently the MARKET RISK ON status has been weighed down. So definitely create a UP TREND for AUD CAD NZD and a DOWN TREND for JPY CHF USD.
- Technically the AUDUSD PRICE can be quite a PULL BACK today. But AUDUSD may continue to rise in price. There is a very important TREND LINE RESISTANCE above.
- AUDUSD PRICE can be UP to 0.7329 LEVEL before DOWN. Then it can be sold till 0.6673 LEVEL. This is due to the continued strengthening of the American data against the dollar and the collapse of STOCKS and COMMODITIES. RISK OFF SENTIMENT can be DOWN again according to the MARKET SENTIMENT.
AUDUSD - CURRENT SITUATION AND FUNDA & TECHNICAL BIAS⛔️ DXY is currently at 104.51 LEVEL. Also the AUD FEATURE stays at 0.6869 LEVEL. The AUDUSD PRICE is going down from DYNAMIC S / R LEVELS. Therefore, the PRICE can be slightly UP to DYNAMIC LEVELS. Then you can BREAK TREND LINES and continue up.
⛔️ STOCKS are currently DOWN. And VIX is becoming UP. Also COMMODITIES OVERALL DOWN. Also BONDS PRICES are going down. Also BONDS SPREADS are becoming UP. By now the MARKET RISK is OFF. So definitely create a DOWN TREND for AUD CAD NZD and a UP TREND for JPY CHF USD.
⛔️ Technically the AUDUSD PRICE can be quite a PULL BACK today. But AUDUSD may continue to rise in price. There is a very important TREND LINE RESISTANCE above.
⛔️ AUDUSD PRICE can be UP to 0.7022 LEVEL before DOWN. Then it can be sold till 0.6673 LEVEL. This is due to the continued strengthening of the American data against the dollar and the collapse of STOCKS and COMMODITIES. RISK OFF SENTIMENT can be DOWN again according to the MARKET SENTIMENT.
AUDUSD - CURRENT SITUATION AND FUNDA & TECHNICAL BIAS- There is no important news for AUD today and the Australian dollar is following the market sentiment today. Also in US dollars today at the New York Session are the DATA Flash Manufacturing PMI and Flash Service PMI.
- DXY is currently at 100.97 LEVEL. Also the AUD FEATURE stays at 0.7314 LEVEL. The AUDUSD PRICE is going down from DYNAMIC S / R LEVELS. Therefore, the PRICE can be slightly UP to DYNAMIC LEVELS.
- Currently STOCKS are getting somewhat DOWN. And VIX is getting a bit UP. Also COMMODITIES OVERALL DOWN. It's something special. Also BONDS PRICES are a bit GREEN. Also BONDS SPREADS are DOWN. There is currently no CLEAR DIRECTION in the MARKET. Maybe today's Friday because it's MARKETS CORRECTION. Currently the market has a NEUTRAL BIAS.
- Technically the AUDUSD PRICE can be quite a PULL BACK today. But AUDUSD may continue to rise in price. There is a very important TREND LINE RESISTANCE above.
- The AUDUSD PRICE can drop to 0.7402 LEVEL before DOWN. Then it can be DOWN till 0.7171 LEVEL. The reason for this is that American data continues to be very, very strongly reported. But according to the MARKET SENTIMENT it can be DOWN again because of the RISK OFF SENTIMENT.