Good morning everyone! We hope you have a beautiful trading day today. We want to show you our analysis on the AUD / USD pair, as the upside potential of this pair is exciting, and we would like you to take advantage of it.
What do we mean by upside potential?
🔸Well, as we can see, the price was in a strong downtrend for many years, which, finally, this...
The Aussie has been a greated preformer for us this week. Waiting for support from the breakout and then a continuation higher TP1 - 0.7495 | TP2 - 0.7505
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 is inside Ascending Channel. One can wait for Breakout.
Let us know your views on this in the comment section. Thank you all.
There is good news for our followers. We...
A continuation of yesterday's AUDUSD long idea. Back to the golden zone area where our longs were placed yesterday, we wait for support and confirmation to be met within the golden zone once again. Target will be the recent resistance zone at 0.7445. If the resistance is broken, further longs on the support of the previous resistance will be placed.
Welcome to our weekly trade setup ( AUDUSD )!
-
1 HOUR
Very bullish price action.
4 HOUR
Bearish price with a small pullback.
DAILY
Expecting prices to drop further following midterm trend.
-
FOREX SWING
SELL AUDUSD
ENTRY LEVEL @ 0.74060
SL @ 0.74440
TP @ 0.73510
Max Risk. 0.5% - 1%!
(Remember to add a few pips to all levels - different Brokers!)
Leave us...
AUDUSD Long idea
Weekly Trend: Bullish
Daily Trend: Bullish
4Hour Trend: Bullish
Trade scenario 1: Overall we are still very bullish and are going to continue with this trend until we see a break of a higher low on this timeframe. For now we are looking for a pullback and structure to form. We want to enter long after we see a major reversal from a key fib level...
AUDUSD has been a steller performer since a drag down from May 2020. GDP data showed a strong expansion of output +2 trillion after covid 19 lockdown ends. Aussie will remain positive against its counterparts but the only concern is tension with it major trading partner China.
Note that ideas published represent my viewpoints on structural directional movements. I do not post explicit trade parameters (i.e. entry, take profit, stop loss, etc.) as these are set to in reference with my expectancy. Since my win rate and R-multiple targets are different, ideas published are simply a resource to provide guidance. You are expected to manage...
Trading suggestion:
. There is still a possibility of temporary retracement to suggested resistance line (0.7375). 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 downtrend is expected.
.The price is above the 21-Day WEMA which acts as a...
Trading suggestion:
. There is still a possibility of temporary retracement to suggested resistance line (0.7375). 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 downtrend is expected.
.The price is above the 21-Day WEMA which acts as a...
AUDUSD is pulling back to trendline, more upside ! Thanks everyone for tuning in to today's analysis . If any part of this video is unclear, please ask me for in the comment section below. If you found today's video useful in any way, please "like" this video and leave a comment on what currency pair you'd like me to analyze next too.
AUDUSD is pulling back to trendline, more upside ! Thanks everyone for tuning in to today's analysis . If any part of this video is unclear, please ask me for in the comment section below. If you found today's video useful in any way, please "like" this video and leave a comment on what currency pair you'd like me to analyze next too.
Hello Traders,
Here is a trade idea that you could possibly enter, DO NOT ENTER unless it breaks out and you have your confirmation and make sure to use the stop loss on the current resistance level!
Trade Safe :)
AUDUSD Long idea
Weekly Trend: Bullish
Daily Trend: Bullish
4Hour Trend: Bullish
Trade scenario 1: Price action continues bullish. We can look for entries after higher lows form near 0.73350 & 0.74000 with strong bullish setups. Keep in mind the above yellow zone is a major supply zone. The most conservative entry would be on a confirmed higher low above this...
