Conditions for a weaker US dollar have been ripe, with calls for the RBA’s rate to have peaked at 4.1%, deteriorating data from China and ‘higher for longer’ calls for the Fed. And with that, we have seen some outlandish calls for the Aussie to fall to 50 and even 40c. Perhaps those calls will turn out to be right. But the Aussie did not earn its name “the...
Hello traders, this is a complete multiple timeframe analysis of this pair. We see could find significant trading opportunities as per analysis upon price action confirmation we may take this trade. Smash the like button if you find value in this analysis and drop a comment if you have any questions or let me know which pair to cover in my next analysis.
Hello traders, this is a complete multiple timeframe analysis of this pair. We see could find significant trading opportunities as per analysis upon price action confirmation we may take this trade. Smash the like button if you find value in this analysis and drop a comment if you have any questions or let me know which pair to cover in my next analysis.
Looking at the AUD/USD chart, we can notice that the price has made a new high. Right at that high, we witnessed a downward price reaction. The price gathered liquidity from the lowest peak and broke through the support back upwards. In my opinion, this suggests that we might see a continuation of the price rise to 0.64884 .
AUDUSD was able to break the 🔴 resistance zone($0.64620-$0.64530) 🔴. Now, we are watching the pull back to the resistance zone . Also, we can find the Double Bottom Pattern(Standard) . 🔔I expect AUDUSD will go UP at least to the upper line of the Ascending Channel and next 🔴 resistance zone($0.65030-$0.64920) 🔴. 🔅Australian Dollar/U.S.Dollar Analyze...
"Smart Money Insight: AUDUSD H1 Analysis Reveals Bearish Structure and Key Trend Line Liquidity Zone" Description: "📊 **Unlocking Smart Money Wisdom: AUDUSD H1 Analysis** 📈 Gathering insights from the realm of smart money, I've delved into the AUDUSD landscape and uncovered a compelling narrative: 🐻 **Bearish Structure Emerges**: A detailed analysis of the H1...
Hello traders, we want to check the AUDUSD chart. The price has broken the descending channel and there is a high probability that an upward trend will start. If the price pulls back to the specified key level, we expect this level to maintain the upward trend of the price and cause further price growth. We expect the price to grow up to around 0.65300 and if it...
FX_IDC:AUDUSD getting the Bullish bounce after finding a temporary bottom. Intriguing price history - double top rejection looks like formation of "Left Shoulder" of a long-term Inverse H&S pattern.. If AUDUSD has indeed established bottom, extrapolating head/neckline takes price target to ~74 cents (23.6% Fib Extension - March 2020 Covid Bottom / Feb 2021...
The AUD/USD pair faces downward pressure amid a resilient US Dollar, hitting 10-week highs. While US investors anticipate potential tightening of the Federal Reserve's interest rate policy, Australian inflation softening supports an unchanged rate by the RBA. Technical indicators point to mixed sentiment with bearish bias. Market eyes are on the US PMI data for...
AUDUSD still down for me of course. I see resistance and I will looking structure for entry on M5 /M15 after open London.
Recently, AudUsd has dropped under important 0.65 support. Alter a low at 0.6365, the pair find bids and has formed a bottom. With DXY in a correction mode, here also we could see some gains and a retest of the broken level. As long as the 0.64 zone is intact, I favor gains for this pair
Hello Traders In This Chart AUDJPY HOURLY Forex Forecast By FOREX PLANET today AUDJPY analysis 👆 🟢This Chart includes_ (AUDJPY market update) 🟢What is The Next Opportunity on AUDJPY Market 🟢how to Enter to the Valid Entry With Assurance Profit This CHART is For Trader's that Want to Improve Their Technical Analysis Skills and Their Trading By Understanding How To...
Hi Traders! AUDUSD has broken its 2023 low at 0.64583 and is approaching its 2022 low at 0.61702, and our recent bearish approach to this currency pair has worked well. On the 1W chart, the market has been in a long-term symmetrical triangle, and the trendline was finally broken to the downside. As the market approached the 0.64583 level, there had been strong...
If you look at the current audusd analysis, the price may be at the saturation point of sale. The RSI looks divergent. If we draw Fibo, the price extension is in the Fibo area of 1,618. Indeed, there is a possibility that the price will continue to go down and remain bearish. If you want to do a long-term trade, you would be better off waiting for a reversal when...
Hello Traders In This Chart AUDUSD HOURLY Forex Forecast By FOREX PLANET today AUDUSD analysis 👆 🟢This Chart includes_ (AUDUSD market update) 🟢What is The Next Opportunity on AUDUSD Market 🟢how to Enter to the Valid Entry With Assurance Profit This CHART is For Trader's that Want to Improve Their Technical Analysis Skills and Their Trading By Understanding How To...
AUDUSD is moving in the descending channel and has made lower lows. The price is pulling back to the resistance level at 0.65000, which is the psychological level. Price action formed a kill zone for the short opportunity: fibo level 78.60% and dynamic resistance. We expect a bearish move from the kill zone. ------------------- Share your opinion in the...
looking bullish trend in 4h timeframe bec follow falling wedge pattern
Hi Traders! AUDUSD is nearing its 2023 low at 0.64583. Looking at the price action on the 1D chart, our bearish stance worked well, and since the double top pattern was established, the market has been on a downtrend with no upside relief. Yesterday we had a huge upside rejection candle at 0.66170, which we have highlighted on the chart. This is now a resistance...