Marenno
Long

AUDUSD Current view and entry levels (multi time frame report)

FX:AUDUSD   Australian Dollar / U.S. Dollar
Price direction on a 1D chart is down, as new lower low and lower high appeared (Price direction is not the same as a trend direction)
Yesterday's close is below 5MA what gives a bit more power to bearish signals
Currently none of the major chart patterns appears (1D Chart)


in a relation to Previous swing UP
Will look for a possible countertrend entry setup (based on 1D chart, mid-term) at arround 0.7100

On a 4H chart we have a bullish pattern

Price is currently at 61.8% Fibonacci retracement area (Filtered to 4H timeframe)
in a relation to Previous swing UP
Will look for a possible countertrend entry setup (based on 4H chart, mid-short term) at arround 0.7100

Currently none of the major chart patterns appears on 1H chart

Price is currently at 0% Fibonacci retracement area (Filtered to 1H timeframe)
in a relation to 1H Chart
Will look for a possible countertrend entry setup (based on 1H chart, short-term) at arround 0.7100


In conclusion, all the levels I mentioned are based on a current market activity, but everything can be changed within seconds, however based on a review that is done, I will be looking for a buying oportunities today (or at least during the present session).
EN English
EN English (UK)
EN English (IN)
DE Deutsch
FR Français
ES Español
IT Italiano
PL Polski
SV Svenska
TR Türkçe
RU Русский
PT Português
ID Bahasa Indonesia
MS Bahasa Melayu
TH ภาษาไทย
VI Tiếng Việt
JA 日本語
KO 한국어
ZH 简体中文
ZH 繁體中文
AR العربية
Home Stock Screener Forex Signal Finder Cryptocurrency Signal Finder Economic Calendar How It Works Chart Features House Rules Moderators Website & Broker Solutions Widgets Stock Charting Library Feature Request Blog & News FAQ Help & Wiki Twitter
Profile Profile Settings Account and Billing My Support Tickets Contact Support Ideas Published Followers Following Private Messages Chat Sign Out