AUDUSD is trending to the upside still despite the recent wave of USD strength. Technically there are multiple confluences:
- 2021 open level
-61.8% fibonacci retracement
- 200 moving average
- 1H bullish close, pinbar pattern
Multi time frame analysis on AUDUSD.
Potential scenarios and bearish clues.
Trading recommendations.
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Trading suggestion:
. There is a possibility of temporary retracement to suggested support line (0.77). if so, traders can set orders based on Price Action and expect to reach short-term targets.
Technical analysis:
. AUDUSD is in a range bound and the beginning of uptrend is expected.
. The price is below the 21-Day WEMA which acts as a dynamic resistance....
Trading suggestion:
. There is a possibility of temporary retracement to suggested support line (0.77). if so, traders can set orders based on Price Action and expect to reach short-term targets.
Technical analysis:
. AUDUSD is in a range bound and the beginning of uptrend is expected.
. The price is below the 21-Day WEMA which acts as a dynamic resistance....
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🟢 Forex Pair :
AUD/USD
⚪ Technical Analysis :
Since the 6th of January 2021, the price has been following an interesting descenging...
Overall, the AUD/USD is been ranging since the beginning of the month between the support and resistance.
At the moment, the price is approaching a major support which could be respected making the price move up back to the resistance. NOTE: Wait for confirmation.
If the price breaks 0.766 level, it can start a new downtrend and this analysis will be...
This has retraced to the support level, I would wait for this to drop a touch more to the bottom of the current wick at 0.76692 before considering entering a long position. SL below the low of the support area and TP at the previous high. As previously stated I do expect this to continue rising in the longer term also.
Greetings!
NOTE: This my ever first post on TradingView, I'm quite a beginner on this so hope I can still bring some value to the table!
This a Bearish Prediction of the AUD/USD so let me break it down.
Price has been on a BIG rally race these past weeks going Bullish but it stopped at around 0.78200 which
is also a Major Key Level.
From there, price...
sideway moves...looking at how things goes...play the range, then the breakout...
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Disclaimers:
The analysis shared through this channel are purely for educational and...
AUDUSD Long idea
Weekly Trend: Bullish
Daily Trend: Bullish
4Hour Trend: Bullish
Trade scenario 1: Overall price action is still very bullish on all significant timeframes but recent price action on the 4hour has been consolidating between 0.76750 & 0.78000 area. We’re looking to continue with the bullish trend but we need to see the right confirmations. Ideally...
In this particular set-up, you can see we had three really great opportunities for entry. Entry highlighted by yellow horizontal line, let's review what i saw. On the Daily TF, I noticed the uptrend since Nov. 2020, a pullback was clearly due, we had a HH being formed. On the 4H we had strong resistance and I took entry from the 1H, waiting for the break of the...
Hello, my fellow traders hope you all are making some profits. We are here with our new analysis so that we can increase those profits for you. Let’s get into it.
As we can see, the price has hit its Trendline Resistance and can fall till its Trendline Support. One can take a sell trade.
Let us know your views on this in the comment section. Thank you all.
...
AUD/USD is inside a channel. Recently it reversed strongly from the top trend line, back towards the bottom one.
The target would be the bottom blue line.
Welcome to our weekly trade setup ( AUDUSD )!
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1 HOUR
Bullish price action and closure above main sr level.
4 HOUR
Strong waving market structure...
DAILY
Good long entries and price pressure.
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FOREX SWING
BUY AUDUSD
ENTRY LEVEL @ 0.77210
SL @ 0.76740
TP @ 0.77890
Max Risk: 0.5% - 1%!
(Remember to add a few pips to all levels - different Brokers!)
Leave...
