We updating last chart of AUD USD, and adding one more position. I use Fibonacci to get these extreme points and my preferred one is 75% retracement, with a risk-reward of 1:3. Trade carefully This is not financial advice, DYOR.
Hey Traders, in today's trading session we are monitoring AUDUSD For a selling opportunity around 0.65900 zone, AUDUSD is trading in a downtrend and currently is in a correction phase in which it is approaching the trend at 0.65900 support and resistance area. We would also consider the current bearish momentum on Gold and indices since AUDUSD have a positive...
The AUDUSD pair is forming today a 1D Death Cross, as the 1D MA50 (blue trend-line) is crossing below the 1D MA200 (orange trend-line), for the first time in 11 months (since April 14 2023). Obviously it is a major technical sell signal and in fact the price action since the start of the year (Channel Down), is very similar to the one of early 2023. The 1D RSI...
My analysis on AUD USD, I use limit orders so I don't need to be in front of the chart all day. To consider this a good entry there are certain criteria to follow: 1. Clean BoS with IMB. 2. * Look for areas where liquidity has been purged. 3. * Stochastic: in uptrend 0-15, in downtrend 85-100. ( * ) = Not optional but increases our probability. I use Fibonacci...
Hey Traders, in today's trading session we are monitoring AUDUSD for a selling opportunity around 0.66000 zone, AUDUSD was trading in an uptrend and successfully managed to break it out. Currently is in a correction phase in which it is approaching the retrace area at 0.66000 support and resistance area. Trade safe, Joe.
Hey Traders, in tomorrow’s trading session we are monitoring AUDUSD for a selling opportunity around 0.65350 zone, AUDUSD is trading in a downtrend and currently is in a correction phase in which it is approaching the trend at 0.65350 support and resistance area. Trade safe, Joe.
4H rejection off this support area. 15m many rejections demand area. looking for a nice push up great risk to reward setup
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.
Hey Traders, in the coming week we are monitoring AUDUSD for a selling opportunity around 0.66200 zone, AUDUSD was trading in a uptrend and successfully managed to break it out. Currently is in a correction phase in which it is approaching the retrace area at 0.66200 support and resistance zone. We would also consider the current bearish bias on stocks as AUDUSD...
AUDUSD is trading inside a Channel Down pattern for the majority of 2024 so far and the neutral 1D technical outlook (RSI = 48.127, MACD = -0.003, ADX = 26.175) suggests that this is a potential sell entry. The price is below the 1D MA50 and exactly on the 1D MA200, where a rejection, validates the preservation of the bearish trend. If the price stays under it, we...
Hey Traders, in today's trading session we are monitoring AUDUSD For a selling opportunity around 0.65400 zone, AUDUSD is trading in a downtrend and currently is in a correction phase in which it is approaching the trend at 0.65400 support and resistance area. The recent release of higher-than-expected CPI data in the United States has strengthened the US dollar,...
Near a resistance zone. Could test previous low. Previous low was broken.
Hello Traders It seems AUD/USD is going to make a triple combo corrections. it is possible, since we are bullish on USD. so we are expecting the price will reach 0.63 and 0.616 levels eventually. 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 Fortuna -RC (Disclaimer:...
The AUD/USD pair on the M30 timeframe presents a potential selling opportunity due to a recent downward breakout from a bearish channel pattern. This pattern suggests ongoing selling pressure and a higher likelihood of further declines in the coming minutes or hours. Key Points: Bearish Channel Breakout: The price has been trading within a descending channel...
Here is a loose prediction on how AUD/USD will move on the hourly timeframe using ICT Concepts, just for fun. This prediction is based on an hourly Breaker and a signature R2F Gap. Remember, to only trade what you see and not what you think. Our minds can play tricks on us. - R2F
We wer longs on AU but It seems it will not make more highs, reversing from the mid of the channel. Closing buys in profits and continue sell till resistance
AUDUSD - 24h expiry Although the bears are in control, the stalling negative momentum indicates a turnaround is possible. The selloff has posted a correction count on the daily chart. Risk/reward is ample to call a buy trade. Price action looks to be forming a bottom. Bullish divergence can be seen on the 4 hour chart (the chart makes a lower low while the...