Hello traders! ‼️ This is my perspective on AUDUSD. Technical analysis: Here we are in a bullish market structure from 4H timeframe perspective, so I look only for long position. I want price to continue the retracement to fill that imbalance lower and then to reject from bullish order block. Like, comment and subscribe to be in touch with my content!
The greenback edged better on Wednesday, bucking current weak point as numerous Fed officers organized to speak. At 04:20 ET (08:20 GMT), the Dollar Index, which tracks the dollar towards a basket of six different currencies, traded 0.2% better at 105,500, off its lowest withinside the nearly a month remaining week. The greenback obtained a small increase...
AUDUSD is moving in an ascending channel between the trend lines. After reaching the dynamic resistance three times, the chart went for a pullback. We think that the price will continue to strive for the lower boundary of the channel. ------------------- Share your opinion in the comments and support the idea with like. Thanks for your support!
Hello friends! AUD/USD has failed to break the 0.6650 resistance level. In fact, price has reversed after hitting the resistance zone. Based on the price action in the daily chart, I believe AUD/USD will decline further. I have already sold AUD/USD at the resistance zone. In case price reaches the resistance zone again, I will consider adding further sells in AUD/USD.
Like her sister AUDCHF, this pair is experiences some difficulties to go higher and is at a monthly high. A divergence has formed and if the price breaks the horizontal support it is then time to sell. TP 1 0.54 TP 2 ----> Previous monthly low (around 0.564)
In our comprehensive analysis, we delve into the AUDUSD currently trading into a bearish order block on both daily and four-hour timeframes. The accompanying video elucidates the prevailing trend, delineates the nuances of price movements, and dissects the overarching market architecture. Additionally, I offer a strategic trade proposition for...
Countdown to RBA rate decision The nine members of the Reserve Bank of Australia (RBA) are set announce its latest interest rate decision that could significantly impact the Australian dollar. This comes amidst remarks from Warren Hogan, Chief Economic Advisor at Judo Bank, who suggests that the central bank might soon need to raise rates to over 5%, a...
AUD USD TRADE SETUP 4HR TIMEFRAME AUD USD is trading in a support and resistance level, the price is currently at the resistance level. A Double Top Pattern has formed on the resistance level which is a good confirmation for reversal.
A #short trade opportunity recently presented itself on the #aussiedollar (#AUDUSD) #trading chart 📉. This is indicated by the #bearish harami candlestick 🕯️ pattern just below the 0.66462 horizontal resistance level. This indicates a rejection of the same level, with potential price move in the downward 👇 ⬇️ direction (#sell). Sufficient downward momentum...
Hello friends nice to meet you all hope you have a good time and have a great investment time. As you see the blue line, RSI berish divergence was appeared. It can have a rebound at a meaningful recent point and the final goal is the tail's zone below.
After a significant 80+ pips downward movement post-choch, AUDUSD seems to be adhering to Elliott Wave principles, completing its 3rd wave. As it enters the 4th wave, a 50% retracement is completed, coinciding with a touch on the ascending trendline. With buying block orders activated, AUDUSD is likely to shift towards a bullish trajectory.
The Treasurer has previously highlighted the impact of weaker commodity prices, particularly on iron ore - a key Australian export - along with rising unemployment as key factors. to adjust revenue. Australia's unemployment rate hit a two-year high of 4.1% in January. Over the last month, Chalmers has also highlighted concerns about global economic stability,...
Hello Traders, here is the full analysis. Watch strong action at the current levels for BUY . GOOD LUCK! Great BUY opportunity AUDUSD I still did my best and this is the most likely count for me at the moment. Support the idea with like and follow my profile TO SEE MORE. Traders, if you liked this idea or if you have your own opinion about it, write in the...
AUDUSD Hit again the resistance area at 0.65750 and it's fighting to break above this level. I think this could be a trap, and were most of the traders expect a double top (entering short so) i think we could see a fast pump there reaching the resistance area at $0.66250
Here is a 1:2 RR Trade setup on AUD USD Lets see how this play out Waiting patiently for confirmation
Most Asian currencies weakened on Friday, while the dollar steadied in anticipation of key inflation data expected to influence the Federal Reserve's stance on cuts. interest rates. While the dollar's decline overnight - after weaker-than-expected US gross domestic product data - brought some relief to Asian currencies, this was largely offset offset by continued...
AUDUSD printed Bearish Divergence on RSI followed by a breakout of Trend Line suggesting a Bearish Shift. Entry is recommended at 38.2% retracement level of current price.
Hello Traders, I hope you doing great. for upcoming week, I think we'll probably see an Upward trend on AUDUSD and a downward correction on DXY$. if this post was helpful to you, please like and share.