AUDUSD is currently at its lowest point since breaking out of consolidation on last week. This week it may look to re-test the bottom of the range or the neckline of a confirmed double top bearish reversal pattern. However, the case, this pair is overall bearish. The big move will come from a short. I've noticed that its currently trading around the weekly support...
if you add the RSI to the chart, it can be seen that the price has entered an over period. the possibility that what happens is the price will rise limited before continuing the downward trend again.
As shown in the figure above is AUDUSD 4H, the high level is 0.681, now touch the bottom position, reach a better long position the specific operation suggestion: AUDUSD: buy@0.6581-0.6575 tp1 0.6620 tp2 0.6635 Follow me and I will take you to expand your wallet! If you have any questions, you can leave a message, I will answer you as soon as possible
Hi traders! The current market conditions suggest a potential shift in the AUD/USD exchange rate, favoring an upward trajectory. Despite some bearish indicators, we are adopting a cautious approach and await a temporary retreat in price before initiating any trades. This strategic decision aligns with our analysis of a channel down pattern, indicating a favorable...
AUD is not much stronger. Even they increased their interest rate last two weeks ago but economy not become much stronger. Further is this, that AUDUSD has strongly breakout its support zone.
Dear Traders, AUDUSD rejected and dropped 150+ from last week high however, as it dropped significantly market will be more likely to recover and comeback to the almost last week HH. Let's focus on how market will react on Monday. We also have FED meeting on Wednesday.
Hello traders! ‼️ This is my perspective on AUDUSD. Technical analysis: We are here in a bearish market structure from 4H timeframe perspective. As I expected in my previous analysis price filled distributed to fill the imbalance lower, now my point of interest is if price makes a retracement to fill the imbalance higher and then rejects from bearish order...
When we zoom out on the higher time frames, we can see that the pair is in a strong downtrend despite the bullish correction in the daily time frame which lasted a few days. We have listed various reasons which support our bearish basis. 1: Monthly time frame trend suggests a strong downtrend. 2:Price failed to break the lower high formed on the 4th of April...
buyers caught the price PD and POC was formed towards the end of NY session at the lowest price. daily TF also looks good for shorts
Here is my view for AUDUSD on H1. The price could go bearish, you can put a pending order on the Order block or find an entry on LTF within OB Zone. Trade Safe!
Technical Analysis: Recent Search Volume Profile Level Coincides with My Supply Level Anticipating an Upside Breakout with Eager Anticipation Diverse Targets Marked by Captivating Blue Levels Don't Miss the Chance to Share Your Thoughts and Contribute to Our Collective Growth! Cheers!
. Don't forget about stop-loss. Write in the comments all your questions and instruments analysis of which you want to see. Friends, push the like button, write a comment, and share with your mates - that would be the best THANK YOU. P.S. I personally will open entry if the price will show it according to my strategy. Always make your analysis before a trade
This Is An Educational + Analytic Content That Will Teach Why And How To Enter A Trade Make Sure You Watch The Price Action Closely In Each Analysis As This Is A Very Important Part Of Our Method Disclaimer : This Analysis Can Change At Anytime Without Notice And It Is Only For The Purpose Of Assisting Traders To Make Independent Investments Decisions.
AUDUSD is near the major support level on the daily chart. Price action rebounded from this level twice, and generally, the market is consolidating. There's a high chance that price bounces off the support if price creates a false break. ------------------- Share your opinion in the comments and support the idea with like. Thanks for your support!
💸 #AUDCAD💸 (Australian Dollar/Canadian Dollar) 📊 30min ⚠️Limit order 🟢Buy Level: 0.89100$-0.8905 ❌StopLoss:0.88900$ ➖➖➖➖➖➖➖➖ 📊Powered By Smart Money Concept+Volume profile 🆚Risk/Reward Ratio:3 ➖➖➖➖➖➖➖➖ 📅 05.23.2023 📫Get Free Access to Premium «Analysis + Trading Signals»
This is a follow up and actual trade taken by myself. I placed a short term buy today at 10:30A.M on AUDUSD simply because lower lows ceased being formed at a key support level. After a strong bullish correction trendline was broken then on the 4Hour the 8Moving Average crossed to the upside of the 21SMA. that's relevant because it lags behind price. The 1 hour...
i shared my idea couple of days ago and it played out exactly as i predicted BLACKBULL:AUDUSD
BLACKBULL:AUDUSD My Bias Is Still Bearish , 1H TF Supply Zone Has Been Tested And Got Rejected multiple Times.For Me Marked Up 3 Candles Means Much To Me,Got A Pullback In the Area Again And Got rejected Again On 15M TF! I Dont Use Indicators But If You Trade DIVERGENCES Then You Can See A Clear Divergence On RSI ON 15M TF. Selling Volume Is Getting Stronger If...