**Monthly Chart** March 2024 monthly candle closed as a reversal doji candle after breaking the high of the previous candle, then closed near the low of the March candle. This indicates that AUDUSD has a strong probability to start moving higher. **Weekly Chart** Last week's candle closed as an engulfing candle after taking the high of the previous week's...
I am going long on AudUsd as it has tested the resistance/support zone and has broken the trend line. Should it break the previous support zone, my setup will be deemed invalid.
The greenback fell from a almost five-month excessive after Powell`s remarks The greenback index and greenback index futures fell barely in Asian trading, extending in a single day losses after Federal Reserve Chairman Jerome Powell gave blended indicators on a reduce. lessen US hobby fees. While Powell stated the Fed might subsequently reduce hobby fees later...
✔️AUDUSD Analysis ✔️AUDUSD is moving in the Descending channel and the market has reached the lower high area of the channel!!! ✔️AUDUSD is expected to fall 🔴Recommended to consider Selling from Seller Limit Zone.
AUD USD has formed a Falling Wedge Reversal Pattern on the 1hr timeframe and the market has broken the Lower High market structure, we need to see a pullback - Retest before taking entry Buy - Long. ⏰
Hello Traders In This Chart AUDUSD HOURLY Forex Forecast By FOREX PLANET today AUDUSD analysis 👆 🟢This Chart includes_ (AUDUSD market update) 🟢What is The Next Opportunity onAUDCAD Market 🟢how to Enter to the Valid Entry With Assurance Profit This CHART is For Trader's that Want to Improve Their Technical Analysis Skills and Their Trading By Understanding How To...
Market Overview: At the 4-hour time frame, AUDUSD exhibits a robust Bearish Trendline Channel, suggesting a prevailing downward momentum. Currently, the currency pair finds itself positioned at a crucial residential level, adding weight to the potential bearish outlook. Entry and Stop Loss: Based on the analysis, a strategic entry point is identified at...
AUD/USD moves higher to 0.6550 as the US Dollar falls on the Fed’s confidence in inflation, declining to the 2% target. The Fed remains stuck with projections of three rate cuts in 2024. Investors await the Australian monthly CPI data for fresh guidance.
Dollar constant with PCE inflation and Fed remarks in focus The greenback index and greenback index futures fell throughout the Asian consultation on Tuesday, extending in a single day losses because the dollar noticed a few profit-taking after growing to an intraday high. one month. Still, investors stay closely biased in opposition to the greenback in advance...
Daily - Looks bearish. I will look for shorts after price holds below **0.65070**. Origin - looks bearish. need to break **0.65091** for me to look for entry. daily and origin both are in sync in terms of zone I need to look out for. so as it breaks, I will look to enter short
The analysis for AUD/USD suggests that the currency pair is currently at a significant daily support and demand zone, ranging from 0.64840 to 0.65170. This zone is crucial as it represents an area where significant buying interest has historically emerged, indicating strong demand for the Australian dollar. Big players and investors have shown keen interest in...
HELLO FRIENDS As I can see this pair is now testing a strong support zone and it can move upside from this area and if we see its also creating a harmonic pattern Wyckoff, we have a very low risk and higher reward entry here its just a trade idea share Ur thoughts with us. StayTuned for more updates
Hello traders! ‼️ This is my perspective on AUDUSD. Technical analysis: Here we are in a bullish market structure from daily timeframe perspective, so I expect bullish continuation after price filled the imbalance and rejected from trendline + support zone. This move is supported by weak USD after news. Fundamental news: Tomorrow we will see results of...
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!
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 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...
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...