After finding support on 0.7 zone, AudUsd recovered some losses and now is consolidating just under confluence resistance. The pair looks ready for an upside break and just waiting for a trigger. A buy trade for this pair could also have a good 1:2 R:R
The counter is currently forming an ABC correction. It has completed the w and x waves of the wave B and is now moving up to form a wave y. Hence, we expect the pair to be bullish in the near-term.
The AUDUSD is long, with targets .7150/.7195. Good luck
We can clearly see an M formation on the daily chart and we can expect the market to go and test the neckline of M formation sometime soon. But right now the AUDUSD chart is very bearish and the cotdata also added a lot of short on AUD. So the market can break the daily support and continue even lower. It will be foolish to take a long right now. To take the long...
After the false break above 0.72 AudUsd dropped and is approaching 0.71 support. I believe AudUsd will be stuck in a range in the next period and a buy at 0.71 could have a good R:R
Good day friends. Give us a thumbs up if you like our idea. Follow my profile to get new ideas and trade setups everyday AUDUSD-Technical analysis ⚡️The price is well above the .50 Fibonacci retracement level ⚡️Previous double top formation will act as support for the BULL ⚡️.072762 will act as middle line resistance ⚡️Swing target would be around...
Hello and welcome back. If you found this idea helpful, please leave a like. AUDUSD seems to be in search for the highs at 0.73450. We can retrace below back into the pinkish rectangle, but I would rather not see that. I want to see big up-candles. The pinkish rectangle above may be a small speed bump. I expect retracements based on the daily chart to start coming...
Hi all traders, This is a video analysis on audusd. Hope this video analysis is clearer with the use of pivot points. And take note of those levels that i have informed in the video for you all to take the areas at those important areas. ****Follow me on tradingview**** **Like and share with all your friends for this video analysis** Cheers and thank you as always!
I just feel like this is a keysupport area and also the dxy is bearish so im going to take this trade.. im already entered
Hi traders, Watch AUDUSD to hold the bottom and give us a buy setup on lower time frame from the previous bottom. If the price will aggressively break the bottom, setup becomes invalid.
Please share with me your thoughts, now we can't do anything until we saw the next volume, Kind regards
Welcome to our weekly trade setup ( AUDUSD )! - 1 HOUR Bullish price action and pressure this week. 4 HOUR Market turned bullish this week, good long entries! DAILY Looking for another push to the upside. - FOREX SWING BUY AUDUSD ENTRY LEVEL @ 0.71160 SL @ 0.70240 TP @ 0.72870 Max Risk. 0.5% - 1%! (Remember to add a few pips to all levels - different...
Hi all traders, This is a video analysis on audusd. Audusd is at an important level where it might be ready to look for more upside. Do take note of it and trade safe. Cheers!! ***Follow me on tradingview for more video analysis*** ***Like and share with all your friends too**** Thank you and trade safe as always!
hi ! analysis done, this trade setup is the result good luck !
I call for this drop for quite some time and finally, Aussie corrected... Now, with the pair just above important 0.7 support and in a clear uptrend in the long run, I expect at least a rebound if not a resumption to long term trajectory. I'm looking to buy for 0.72 target