Pair : AUDUSD ( Australian Dollar / Swiss Franc ) Description : Consolidation Phase Break of Structure Bullish Channel as an Corrective Pattern in Short Time Frame RSI - Divergence Completed " 12345 " Impulsive Waves and " ABC " Corrective Waves
✅AUD_USD has retested a key resistance level of 0.6647 And as the pair is already making a bearish pullback A move down to retest the demand level below at 0.6586 is likely SHORT🔥 ✅Like and subscribe to never miss a new idea!✅
We look to Sell at0. Planning to enter a short position on AUD/USD at 0.668, where the price action is showing signs of resistance and the market conditions indicate overbought levels. This strategic entry is aimed at capitalizing on the expected downward correction. The target for this trade is set at the 61.8% Fibonacci level at 0.6558, aligning with a key...
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The AUDUSD pair is currently forming a Bearish Butterfly Harmonic Pattern (XABCD), a classical harmonic formation that signals potential trend reversals. The critical Point D, known as the Potential Reversal Zone (PRZ), is where the pattern completes, indicating a high probability of a bearish reversal. Confluence Factors: Key Resistance Area: Point D aligns...
Buying AUDUSD at 0.6603. Price hit into some demand and looking to take it to the next supply area. Looking for a small increase in price as there is higher tome frame supply above.
The price may break out the Daily Bearish Channel (false breakout), then get rejected at a major resistance level (0.67645), to head down to the fib level 0618. I expect the price to rise from the fib level to make a new high. www.tradingview.com
ING predicts balance in USD forex pairs as buyers look ahead to the discharge of the April center non-public intake expenditures (PCE) rate index, predicted on May 31. The corporation believes that cross-asset volatility is in all likelihood to stay subdued withinside the coming weeks, that may spur the look for convey trades.
AUDUSD is currently at a resistance level at 0.66240 ,i can see price has retested the area again forming a double top ,if the area continues to hold we shall see sell towards 0.66031
--------------AUDUSD OBSERVATION-------------- This is just an observation or more precisely said guesstimate. I wouldn't go long on this pair at the moment and still think USD has more upside potential. However it could be a scenario just for fun. So I share it to see what do YOU think of the possibility of such reversal.
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.
Audusd might fall sharp. Keep an eye to secure some profit during nyc session.
The AUD/USD pair has encountered resistance around the 0.66333 price level on the daily timeframe, indicating potential downward pressure. This rejection could signal a movement towards the support level at 0.64857. Traders may monitor this development closely for further price action confirmation.
Weekly: 1. Direction: Bullish 2. Reasons: 1. Price took recent swing high 2. massive displacement to the upside 3. Price is moving from ERL to IRL Daily: 1. Direction: Bullish 2. Reasons: 1. Price is respecting the daily FVG 2. Good displacement to the upside 3....
✅AUD_USD is trading in An uptrend and the pair Already made a rebound from The previously broken Key horizontal level of 0.664 Which is now a support and Is going up now which Reinforces our bullish bias And makes me expect A further move up LONG🚀 ✅Like and subscribe to never miss a new idea!✅
Hello,Friends! We are now examining the AUD/USD pair and we can see that the pair is going up locally while also being in a uptrend on the 1W TF. But there is also a powerful signal from the BB upper band being nearby, indicating that the pair is overbought so we can go short from the resistance line above and a target at 0.649 level. ✅LIKE AND COMMENT MY IDEAS✅
in the H4 timeframe, we encountered a resistance zone that was confirmed at m15 timeframe, so we can enter the sell position at the OB. good luck
The AUD/USD and NZD/USD are trending higher due to risk-on flows boosting these currency pairs. For AUD/USD, on the downside, immediate support could lie at 0.6594, just above the 100 Daily Moving Average. The RSI is almost levelling off at around 80. Westpac recently highlighted a bullish stance on AUD/USD: “...there is no clear path to significantly higher...