Hello There!
Welcome to my new analysis about AUDUSD on several timeframe perspectives. The AUDUSD continued with continuational bearish price-action as it pulled back from several levels to continue forming lower lows. Now a major consideration here is if this trend into the bearish direction is holding on and in my chart I detected major signs that such a...
Price seems to be approaching a major resistance at 0.6811 which has seen multiple reversals in the past. A reversal from here could see prices being pushed down to 0.6730 which is a 23.6% Fiboancci retracement and our first support.
What is worth taking note is that NZDUSD is also approaching a major resistance and could see a reversal soon too. Our bearish view...
SLO @ 0.7130 ⏳
TP4 @ 0.7115
TP3 @ 0.7033
TP2 @ 0.6925
TP1 @ 0.6750
BSO @ 0.6650 📈
BLO @ 0.6585
ADDITIONAL INFO:
* The pair is currently trading below the 200-day moving average, which is a bearish signal.
* The RSI is below 50, which is also a bearish signal.
* The MACD is crossing below the signal line, which is another bearish signal.
Based on these technical...
Trade idea:
wait for market to break support,
wait on re-test
after wick rejection at zone of resistance enter bearish
SL above structure
TP 3x risk
else,
Wait for market to retract to resistance
after wick rejection wait for break of support level and on retest wait for wick rejection this will give enough confluence to enter short
SL above structure
TP 3x...
Hello everyone!
Hope you are all doing well!
AU analysed for you! :)
This pair looked very confusing recently to some people in a couple of servers/group chats i am apart of on Social Media! So, i thought of analysing it after one of my Tel channel members suggested me to..
AU is still very bullish, however, LTF and HTF is looking interesting for sells! I...
Hello TradingView Family / Fellow Traders. This is Richard, as known as theSignalyst.
Here is a detailed update top-down analysis for AUDUSD.
Which scenario do you think is more likely to happen? and Why?
Always follow your trading plan regarding entry, risk management, and trade management.
Good Luck!.
All Strategies Are Good; If Managed Properly!
~Rich
AUD/USD has been belted in recent weeks as the USD bullied every major FX pair. The selling is overdone and into major support ahead of the FOMC meeting tonight.
Yesterday the RBA raised rates by 0.25% to 0.35% and we have begun the rate hike cycle with the central bank refocused on inflation.
We look for buy the rumour sell the fact USD selling tonight after...
Prices are facing bearish pressure from 61.8% Fibonacci retracement level. Prices might push down towards horizontal swing low support in line with 61.8% Fibonacci extension as well as 127.2% Fibonacci retracement. If prices push up further, prices might face resistance from horizontal swing high resistance in line with 78.6% Fibonacci retracement and 61.8%...
Prices are facing bullish pressure from horizontal swing low support in line with 61.8% Fibonacci retracement and 61.8% Fibonacci extension. Prices might push up towards horizontal swing high resistance in line with 78.6% Fibonacci extension. If prices push down further, prices might take support on horizontal swing low support in line with 78.6% Fibonacci...
Prices are facing bullish pressure from horizontal pullback support in line with 50% Fibonacci retracement and 127.2% Fibonacci extension. Prices can push up further towards resistance which coincides with horizontal swing high resistance in line with 161.8% Fibonacci retracement and 127.2% Fibonacci extension. If prices fall through a pivot, prices might continue...
Hi Guys, let’s make a full top-down analysis of this pair, we will take the trade if all the conditions of the strategies is satisfied. Press the like Button to support this video and let me know in the comment section if you have any questions.
Prices are facing bullish pressure from our support where we could see a further upside above this level. Ichimoku cloud and EMA are showing signs of bullish pressure as well.
Price is approaching support where we could see a bounce above this level. Ichimoiku cloud is showing signs of bullish pressure as well in line with our bullish bias.
