AUDUSD is in a strong bearish trend. After looking at the weekly and monthly charts we are only looking at selling
opportunities.
We have seen the following reasons for looking to sell:
1: Bearish flag breakout.
2: Trendline breakout.
We are looking to take an entry at the retest of the trendline.
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.
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...
🔆MULTI-TIME FRAME TOP-DOWN ANALYSIS OVERVIEW☀️
1:✨Eagle eye: Multi-year bearish trend in effect.
2:📆Monthly: Market made an insider high and low, but was rejected from the monthly order block.
3:📅Weekly: Market structure is bearish, but it filled out the last swing 50% area and respected a strong reversal upside signal with a double bottom formation.
4:🕛Daily:...
hi
AUDUSD (Australian Dollar Vs Us Dollar) H1 Chart in demand zone
Entry:0.67377
SL:0.67118
TP:0.68414
RR= 1:4
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#AUDUSD
- Currently the MARKET SENTIMENT for AUD is slightly UP SIDE according to the MARKET SENTIMENT. Even now, if RISK ON for AUDUSD happens in the near future, it can definitely go UP. Therefore, AUDUSD currently has an UPSIDE BIAS.
Several RBA HAWKISH COMMENTS have been released. Also USD has become STRONG in short term with FED SENTIMENT. It will...
Greetings to all traders! I have some valuable trading-related information that I would like to share with you ❤️
My prediction is that the Australian Dollar will be influenced by the state of global growth and China's economy, without leaving out any crucial information. I anticipate that as China's economy reopens and experiences more robust growth, 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.
the best scenario is to see the price mitigate the demand level for searching for buying opportunities from better prices
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don't forget your risk management
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AUDUSD showed extreme bullish price action yesterday due to AUD being strongest currency while as DXY is still preparing for NFP this week it will good to see how it will affect dxy going forward. There are two possible areas where we can go short the second scenario is for if we NFP takes us out.
#AUDUSD
- Currently the MARKET SENTIMENT for AUD is slightly UP SIDE according to the MARKET SENTIMENT. Even now, if RISK ON for AUDUSD happens in the near future, it can definitely go UP. Therefore, AUDUSD currently has an UPSIDE BIAS.
Several RBA HAWKISH COMMENTS have been released. Also USD has become STRONG in short term with FED SENTIMENT. It will...
Greetings to all traders! I have some valuable trading-related information that I would like to share with you. Please give it a read and if you find it helpful, kindly leave a positive feedback and consider following me ❤️
While Australia's activity data has shown a slight decline, the Reserve Bank of Australia (RBA) is still focused on tightening monetary...
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.
Hi there,
AUDUSD is completing the last wave down for another sharp move up, a retest of the highs will be done soon to decide the trend in Monthly timeframes
#AUDUSD
- Currently the MARKET SENTIMENT for AUD is slightly UP SIDE according to the MARKET SENTIMENT. Even now, if RISK ON for AUDUSD happens in the near future, it can definitely go UP. Therefore, AUDUSD currently has an UPSIDE BIAS.
Several RBA HAWKISH COMMENTS have been released. Also USD has become STRONG in short term with FED SENTIMENT. It will...
