correction of the impulse in ending and now is making another impulse to the upside. Long position from the analysis
AUDUSD took liquidity from the monthly high and has shown a potential reversal via a break of structure. Monitoring this point of interest to scale in a short; ideally we would see a second break of structure for double confirmation. AUDUSD has been in a strong uptrend so additional confirmation is useful. Targeting liquidity objectives below.
- Possible bearish pullback price movement towards the support 0.68200 within the next period.
AUDUSD fluctuated at a high level and went down, and the short-term market formed a potential top pattern. At present, you can pay attention to the resistance around 0.708. If the rebound encounters resistance, you can consider shorting, and pay attention to the vicinity of 0.6975 below.
I shall respond with a ticket for the upside. IF this is broken. It will flow to the downside. So risk small. It's a small timeframe. It could swing, be aware and manage well. All the best
AUD USD, We are on a uptrend, with structures in between, so I worked this analysis out then spotted, a pattern that we can use to sell with a tight stop loss then apply TP1, 2 and 3 before the market turn to a different pattern.
- AUD/USD seesaws around seven-month high, fades upside momentum after a five-day winning streak. - Mixed details of Australia’s Q4 Export-Import Price Index, PPI probe Aussie pair buyers. - Cautious mood ahead of the Fed’s preferred inflation also acts as an upside filter. - RBA versus Fed drama, easing economic slowdown fears underpin bullish bias.
Looking at the H4 chart , my overall bias for AUDUSD is bullish due to the current price being above the Ichimoku cloud , indicating a bullish market. Looking for a buy entry at 0.70424, where the 38.2% Fibonacci line and overlap support is. Stop loss will be at 0.69371, where the intermediary support is. Take profit will be at 0.72656, where the 78.6% Fibonacci...
hello to all, I share with you the technique of analyzing the charts with 80% accuracy
Although most of the traders in the Forex Analytix community has turned bearish the AUDUSD over the last week, it's important to talk about "why" that is technically, and show you where we are wrong. First of all, the AUDUSD stalled at the horizontal resistance (highs) from early August, 2022. Also, the long term 61.8% Fibonacci retracement from the April 2022...
AUDUSD in its current up channel is correcting but still has another 54 pips or so to go. You can see the best place to buy would be off the bottom up trend on the basis of a rejection but i have also highlighted 2 candles of interest where we could see buyers move in. looking for a buy near the 0.70000 level. This could trigger either a push to double top or...
Today has been a bear 🐻 day for AUDUSD🇦🇺🇺🇸. We see the Dollar gained against AUD selling📉 past the previous daily low.
AUDUSD i have a short position Audusd sell now and follow the chart
AUD/USD was just too compelling not to re-enter expecting a move in the later part of the day which came and produced the goods as per the prior videos and start of the day's analysis.
-Hello Traders, as DXY IS so messed up had to use longer time frame to identify the next move so we can get the big trade running. Major news are on Wednesday and Friday. -What you all think?
AUDUSD short went according to plan. I am seeing price rejecting downside a little so I am locking some profits in for 60 pips feel free to stay in there is still selling pressure
Hello,Traders! AUD-USD has retested A horizontal resistance And we are seeing a Bearish reaction already So a further move down Is to be expected Sell! Like, comment and subscribe to boost your trading! See other ideas below too!
the 7050 may be wrong and we could be headed higher on a consolidation day. However, I'm still biased to the downside for 7050 so keeping an eye. Maybe a scalp up before the blow-off to 7050?