Hello Traders, In today's trading session, we are closely monitoring AUD/USD for a potential buying opportunity around the 0.66100 zone. AUD/USD is currently trading in an uptrend and is in a correction phase, bringing it closer to the key support and resistance area at 0.66100. This level has historically served as a significant pivot point for price action,...
AUD/USD is falling towards a support level which is an overlap support that is slightly above the 78.6% Fibonacci retracement and could bounce from this level to our take profit. Entry: 0.6610 Why we like it: There is an overlap support that is slightly above the 78.6% Fibonacci retracement. Stop loss: 0.6575 Why we like it: There is a pullback support...
AUD/USD is falling towards a support level which is a pullback support that aligns with the 127.2% Fibonacci extension and could potentially bounce from this level to our take profit. Entry: 0.65611 Why we like it: There is a pullback support level which aligns with the 127.2% Fibonacci extension. Stop loss: 0.65182 Why we like it: There is a pullback support...
Hey Traders, in today's trading session we are monitoring AUDUSD for a buying opportunity around 0.66400 zone, AUDUSD is trading in an uptrend and currently is in a correction phase in which it is approaching the trend at 0.66400 support and resistance area. Trade safe, Joe.
The Aussie (AUD/USD) has reacted off the pivot which acts as a pullback resistance and could drop to the 1st support. Pivot: 0.6678 1st Support: 0.6637 1st Resistance: 0.6698 Risk Warning: Trading Forex and CFDs carries a high level of risk to your capital and you should only trade with money you can afford to lose. Trading Forex and CFDs may not be suitable...
The Aussie (AUD/USD) has reacted off the pivot and could potentially fall to the 1st support which is a pullback support. Pivot: 0.6670 1st Support: 0.6627 1st Resistance: 0.6697 Risk Warning: Trading Forex and CFDs carries a high level of risk to your capital and you should only trade with money you can afford to lose. Trading Forex and CFDs may not be...
Aussie (AUD/USD) is falling towards the pivot which acts as a pullback support and could bounce to the 1st resistance. Pivot: 0.6669 1st Support: 0.6644 1st Resistance: 0.6713 Risk Warning: Trading Forex and CFDs carries a high level of risk to your capital and you should only trade with money you can afford to lose. Trading Forex and CFDs may not be suitable...
AUD/USD is rising towards a resistance level which is an overlap resistance that aligns with the 61.8% Fibonacci retracement and could potentially reverse from this level to our take profit. Entry: 0.6643 Why we like it: There is an overlap resistance level that aligns with the 61.8% Fibonacci retracement. Stop loss: 0.6677 Why we like it: There is a pullback...
AUDUSD - 24h expiry The medium term bias remains bullish. The selloff has posted a correction count on the daily chart. Previous resistance level of 0.6650 broken. A lower correction is expected. Setbacks should be limited to yesterday's low. We look to Buy at 0.6625 (stop at 0.6601) Our profit targets will be 0.6685 and 0.6695 Resistance: 0.6680 /...
Price is rising towards the pivot and could potentially drop to the 1st support which has been identified as a pullback. Pivot: 0.6654 1st Support: 0.6593 1st Resistance: 0.6712 Risk Warning: Trading Forex and CFDs carries a high level of risk to your capital and you should only trade with money you can afford to lose. Trading Forex and CFDs may not be...
AUD/USD is rising towards a resistance level which is an overlap resistance that aligns with the 50% Fibonacci retracement and could reverse from this level to our take profit. Entry: 0.6649 Why we like it: There is an overlap resistance level which lines up with the 50% Fibonacci retracement. Stop loss: 0.6685 Why we like it: There is a pullback resistance...
Hey Traders, in today's trading session we are monitoring AUDUSD for a buying opportunity around 0.66100 zone, AUDUSD is trading in an uptrend and currently is in a correction phase in which it is approaching the trend at 0.66100 support and resistance area. Trade safe, Joe.
AUD/USD is rising towards a resistance level which is an overlap resistance that aligns with the 38.2% Fibonacci retracement and could reverse from this level to our take profit. Entry: 0.6649 Why we like it: There is an overlap resistance level which lines up wit the 38.2% Fibonacci retracement. Stop loss: 0.6711 Why we like it: There is a pullback resistance...
AUD/USD is falling towards a support level which is a pullback support that lines up with the 50% Fibonacci retracement and could bounce from this level to our take profit. Entry: 0.6638 Why we like it: There is a pullback support level which aligns with the 50% Fibonacci retracement. Stop loss: 0.6593 Why we like it: There is a pullback support level. Take...
Hey Traders, in today's trading session we are monitoring AUDUSD for a buying opportunity around 0.66250 zone, AUDUSD is trading in an uptrend and currently is in a correction phase in which it is approaching the trend at 0.66250 support and resistance area. Trade safe, Joe.
AUD/USD is falling towards a support level which is a pullback support that aligns with the 50% Fibonacci retracement and could bounce from this level to our take profit. Entry: 0.6644 Why we like it: There is a pullback support level which aligns with the 50% Fibonacci retracement. Stop loss: 0.6594 Why we like it: There is a pullback support level which lines...
Hello Agn, I wanted to give you an update on my previous analysis of this pair. Yesterday, we entered into a downtrend as it moved in our favor. Now, it's at the bottom of the triangle and facing a dynamic resistance level. The price has moved about two-thirds of the pattern, and it's about time to start moving in. Make sure to stay focused and only enter with...
The release of core inflation rate data in the United States can impact the AUD/USD exchange rate, especially on a weekly timeframe, due to its influence on market sentiment and monetary policy expectations. Firstly, let's break down the core inflation rate. Core inflation measures the change in the price of goods and services, excluding volatile items like food...