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AUDUSD is, like other USD pairs, making higher highs. Price has formed a swing zone and may test major resistance at 0.7200. ------------------- Share your opinion in the comments and support the idea with like. Thanks for your support!
AUD/USD breaks above 21-EMA, outlook turns bullish. Technical indicators are turning bullish. Stochs and RSI are sharply higher. Chikou span is biased higher. Raised scope for further gains
Audusd forex analysis and strategy with Millionaire Logistics fx Dear Forex traders, trust you are benefitting from the forex analysis we share. Last week we shared our trade idea on eur aud while the trade is yet to reach target, this week our star pair is the Aud Usd. Sentimentally, There have been reports of covid-19 cases in China which has led to the...
Last time I predicted about the sell and the market went as I predicted. Now I believe that AUDUSD will move upside to it's last resistance zone. Further more AUDUSD made fake breakout on its trend line.
SHORT AUDUSD @ 0.7057 TP @ 0.6829 SL @ 0.7147 Lets keep this clean. AU is rejecting off the bearish resistance line in the downward channel, this tell us that the highs are in place and we can expect it to retrace lower. I am aware DXY is soft atm, but if this changes we could see a free fall in this cross which would be good. This trade offers a 2.5/1 RR...
price above historical support and we have rising pattern only wait to broke a trend line with stability above it with 4h candle
1:5 RR on AUDUSD . Good Luck Trader 💯💯 . . . 🧅Disclaimer :There are risks associated with investing in securities. Investing in stocks, bonds, exchange traded funds, mutual funds, and money market funds involve risk of loss. Loss of principal is possible. Some high risk investments may use leverage, which will accentuate gains & losses. Foreign investing involves...
Hey tradomaniacs, riskoff as expected continues and we should see more of a falling AUD/USD today. As we are about to get a nice pullback after a stop-hunt (fakeout above the previous breakoutzone) we are getting a great opportunity to catch the next momentum to the downside. What do you think?
The daily chart shows a engulfing candle on May 18 while the main trend is down. The strong support on the daily chart at 0.6700 price area has been broken and the price is now retesting this area. Conclude: Sale: 0.698 SL: 0.707 TP: 0.687
This is a follow-up detail on the publication shared during the weekend (see link below for reference purposes), where we already have a counter-trend opportunity running with over 160pips (2 positions) in our favour. With the current consolidation pattern projecting a triple top look-a-like structure since yesterday morning, I am anticipating the confirmation of...
market is in overall downtrend, but it created a upwards correction and retrace to a key market level where it got resisted, also broke a upwards movement structure, so we are forecasting we should see price drop down to the recent main Lower Low Entry: 0.70042 Invalidation: 0.70494 Target: 0.68298
AUD-USD is trading in a downtrend Below a falling resistance line And it is now re-testing the horizontal resistance areas at 0.70500 And I think that there is a chance That we will see a move down Towards the target below
Here I expect bearish price action, if the price takes out the liquidity above previous weekly high and rejects from bearish orderblock.
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
Hello traders, this is the full breakdown of this pair. We will take this trade if all the conditions are satisfied as discussed in the analysis. 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.
AUDUSD has retraced to the swing zone by making a complex pullback. It is testing psychological level 0.7000 as well, which creates a nice confluent zone for short. Price is likely to continue falling to test support levels. ------------------- Share your opinion in the comments and support the idea with like. Thanks for your support!
Last week AudUsd has dropped hard breaking under 0.7000-0.7050 support and after making a local low at 0.6820 the pair is reversing. At this moment the pair is trading above 0.7 and is facing now resistance zone. A new wave of selling could start for this pair and bears could target the recent low for their sales. A break back above 0.7100 would negate this scenario