Price is falling towards a support level which is a pullback support level and could bounce from this level to our take profit Entry: 0.64880 Why we like it: There is a pullback support level Stop loss: 0.64449 Why we like it: There is a pullback support level Take profit: 0.65513 Why we like it: There is an overlap resistance level which aligns with the 38.2%...
AUDUSD - 24h expiry Price action looks to be forming a bottom. The sequence for trading is higher highs and lows. The 50% Fibonacci retracement is located at 0.6600 from 0.6560 to 0.6645. Setbacks should be limited to yesterday's low. Dip buying offers good risk/reward. We look to Buy at 0.6600 (stop at 0.6575) Our profit targets will be 0.6665 and 0.6680...
Hey Traders, in today's trading session we are monitoring AUDUSD for a selling opportunity around 0.65300 zone, AUDUSD is trading in a downtrend and currently is in a correction phase in which it is approaching the trend at 0.65300 support and resistance area. Trade safe, Joe.
In the United States, traders are awaiting insights from Federal Reserve policymakers, particularly Chief Jerome Powell, scheduled to speak on Friday. Fed members Bostic and Cook will also appear on Monday. Economic data in Europe will be limited this week due to the Easter break, with major bourses closed for Good Friday and Easter Monday. Perhaps the only...
Hey Traders, in today's trading session we are monitoring AUDUSD for a selling opportunity around 0.65450 zone, AUDUSD is trading in a downtrend and currently is in a correction phase in which it is approaching the trend 0.65450 resistance area. Trade safe, Joe.
Hey Traders, Check out this technical analysis on AUDUSD; it appears to be undergoing a mild pullback, potentially indicating a bullish momentum continuation pattern (flag). However, I would recommend waiting for a breakout above the flag pattern before considering a buy-trade entry. Keep a close eye on this.
AUDUSD at 4h time frame we have FVG area i think it will rise to FVG area and after FVG taken price instantly will drop to 0.64850
HELLO FREINDS this chart we show that this market will know a down trend on next days if you want more informations please show the chart good luck
Hey Traders, in today's trading session we are monitoring AUDUSD for a buying opportunity around 0.65800 zone, AUDUSD is trading in an uptrend and currently is in a correction phase in which it is approaching the trend at 0.65800 support and resistance area. We would also like to consider the current bullish momentum on stocks and indices, usually bullish stock...
Sell @ 0.67100 Sl @ 0.67550 1st tp @ 0.66500 2nd tp @ 0.66000 Expecting 1 more push down
+ 1.) weekly structure bullish 2.) 2 strong weekly rejections 3.) daily divergence 4.) strong daily rejections 5.) strong 4h fake out 6.) building 4h liq. we can expect a small pullback to 0.66906 or 0.66816 before pushing higher!!!
Aud Economy is looking positive When assessing all of the data for Australia, the economy is in a much more stable place which would have been one of the goals from the people who lead and set the countries monetary and fiscal policies. Inflation has hit its peak 4 quarters ago and has been stepping down slowly before reaching the RBA’s target of 2.5 by 2025,...
our focal point is AUDUSD, as we actively monitor a potential buying opportunity around the 0.67000 zone. Presently riding an uptrend, AUDUSD exhibits a sustained upward trajectory. Simultaneously, the currency pair is in a correction phase, gradually converging towards the trend at the critical 0.67000 support and resistance area. This numerical level holds...
Hello Traders As you can see in 4Hr TF, AUD/USD is building the wave 5. In lower TF (1Hr) the wave 5 is making its own 12345 waveforms. So in next week, we expect the price will complete wave 5 and rise about 100~120 pips. Our technical view has been shown in the chart. If you like it then Support us by Like, Following, and Sharing. Thanks For Reading Team...
Hey Traders, in today's trading session we are monitoring AUDUSD for a buying opportunity around 0.654 zone, AUDUSD is trading in an uptrend and currently is in a correction phase in which it is approaching the trend at 0.654 support and resistance area. Trade safe, Joe.
Hey Traders, in today's trading session we are monitoring AUDUSD for a buying opportunity around 0.63800 zone, AUDUSD is trading in an uptrend and currently is in a correction phase in which it is approaching the trend at 0.63800 support and resistance area. Trade safe, Joe.
Nothing lack of news on both GBP and AUD, using this + confirmations on its negative correlation with gold but smaller volatility risk.
After consecutive breaks of weak lower lows with lower highs holding strong, a bearish 4h orderflow was evident. Price has been retracing and retesting supply zones up until the latest break of structure(which was too weak). Price has invalidated our latest supply zone and could be striving to reach for a previously unmitigated extreme supply with a huge imbalance...