AUDUSD appears to be exhibiting a bullish bias on the 4-hour timeframe, potentially following a bullish flag pattern alongside Elliott Wave theory indicating a completed 12345 sequence. The recent upward movement is supported by a retracement of approximately 61% within the context of Elliott Wave's fourth wave completion, suggesting further upward momentum may...
In Australia, the Reserve Bank of Australia (RBA) is predicted to preserve hobby prices at its personal coverage assembly today, with nearby banks predicting no fee modifications till at the least overdue August. Carl Ang from MFS Investment Management commented that strong and guiding coverage prices are predicted amid excessive uncertainty, with a clearer...
AUDUSD, currently trading at the perfect area to take a swing buy entry, we already have two entries which are currently active. This can be a third entry, which is available to take right now with 100 pips stop loss and 700-800 pips as in take profit. Waiting for price to be extreme bullish in soon time. Trade safe!
The Australian Dollar trades around 0.6610 on Tuesday. The immediate support appears at the psychological level of 0.6600. A break below the psychological support could push the AUD/USD pair to navigate the region around the 38.2% Fibonacci retracement level of 0.6581, aligned with the nine-day Exponential Moving Average (EMA) at 0.6580. On the upside, the AUD/USD...
The dollar index and dollar index futures steadied above the 102 level on Monday, after recording sharp declines last week. The greenback was beset by comments from Fed Chairman Jerome Powell that the central bank was close to having enough evidence of easing inflation. Powell also made clear that he does not expect inflation to reach 2% to begin considering...
Audusd daily time forecast with simple strategy.audusd bias is bullish we expecting market bullish from daily fvg .when market retest your fvg use smaller time frame confirmation .
Hello everyone, New week ahead. Looking forward to it! Last week we had red folder news. BTC is pumping, gold is following. I did my TA last night for my point of interset. If you look back at the charts, you can see why I am not putting limits. If I see a big candle pushing in my zone of interest, I am more than happy to watch how it goes and step in after liq...
Daily - DXY and AU both look extended at the moment so a pullback or consolidation is expected. on daily the zone - 0.66036 - 0.65718 should hold. Origin - 2 potential zones to look out for - 0.66085 - 0.65719 Deeper pullback - 0.65327 - 0.65090 outside value can lead to a deeper chop and high probability that we move mostly inside previous week's VA.
hello guys , today we are looking at AUDUSD , this pair provides a very good opportunity for a bullish setup on the daily tf the price made a double bottom and broke its neckline however on friday the daily candle closed as an inverted hammer. it is possible that the price might pullback towards the neckline to do a retest that also overlaps with the 4h...
Welcome back! Let me know your thoughts in the comments! ** AUDUSD Analysis - Listen to video! We recommend that you keep this pair on your watchlist and enter when the entry criteria of your strategy is met. Please support this idea with a LIKE and COMMENT if you find it useful and Click "Follow" on our profile if you'd like these trade ideas delivered...
The AUD/USD pair lacks any firm intraday direction on the first day of a new week and seesaws between tepid gains/minor losses through the first half of the European session. Spot prices currently trade around the 0.6520-0.6525 area, unchanged for the day and remain well within the striking distance of a nearly three-week low touched last Thursday.
In the AUD/USD 4-hour timeframe, a bullish trend appears imminent following a falling wedge breakout after completing its 5th wave. Currently, the pattern seems to conform to an ABC correction, with the last impulse correction nearing 78% completion. A breakout confirmation from the bullish flag pattern suggests a favorable entry point for traders anticipating...
Most Asian currencies have been little modified on Tuesday as China`s monetary objectives for 2024 did not buoy markets, even as the greenback steadied in advance of in addition hobby fee alerts later withinside the week . Anticipation of greater alerts on US hobby prices additionally saved maximum nearby devices buying and selling in tight ranges, specially as...
Hello traders! ‼️ This is my perspective on AUDUSD. Technical analysis: Price rejected from bearish order block and started to fall as I expected in my previous analysis. Now I will look to add short position if price fills the imbalance higher and rejects from resistance zone. Like, comment and subscribe to be in touch with my content!
AUD/USD has failed to break the 200 EMA on H4 and it looks like the BULLS are in retreat. On H1 we are below all major EMA levels (25,50,100,200) and the 25 and 50 are now under the 100 EMA. 100, 50 and 25 are gouping together and crossing over each other south. On the Nadean Oscillator we can see the green buy line is moving south over the signal line and the red...
As you can see, the price reacted bullishly after collecting the liquidity, created the inversion FVG, and shifted the market structure. Now I see the price can draw to the buy-side liquidity, here we have two bullish scenarios: 1- The price may go higher from here and create the bullish FVG, respect them, and grab all buy-side liquidity. 2- There is a clear...
Most Asian currencies rose slightly on Tuesday, easing some of the dollar's slight decline before a key inflation gauge is set to give more signals on US interest rates in this week. However, gains in the region's currencies remained limited, with most currencies remaining within trading ranges established over the past two months. The greenback also remained at...
AUD USD TRADE SET UP, AUD USD has formed a head and shoulders pattern on the 1hr timeframe, we just had a break of the neckline, and need to wait for a retest to get a valid entry for a sell