-Hello Traders, as DXY IS so messed up had to use longer time frame to identify the next move so we can get the big trade running. Major news are on Wednesday and Friday.
-What you all think?
AUDUSD recently broke the dynamic support, which is an indication of a trend pause.
Price attempted to break the resistance level multiple times, but it was pushed back.
Because psychological levels act like magnets, the market is likely to retrace to 0.7000 and 50% fibo level.
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Share your opinion in the comments and support the idea with a...
AUDUSD is a very Simple Trade so based on my Analysis, on The Daily TF, we had a very Good Confirmation on the Daily Resistance Level and it also Gives us A good Candle Candle Stick pattern Of A price rejection, so that means the Buyers a Having A very Weak power to push price higher.
On the H4 / H1 TF We have a Trend line and it is very Easy to Notice and also...
-Hello Traders, hope you all are progressing and improving everyday so am I, here is quick look on #audusd the pair has been bullish ever since we had NFPs and CPI data, however, as we are expecting DXY to be bullish, in our opinion there is higher probability of dxy to be bullish in coming days and hey, trading is all about proability and knowledge right?. So...
-After recent data (CPI/INTIAL JOB LESS CLAIMS) we have now clear understanding of #DXY/
-DATA projected that 6.5% CPI which is an prediction of FED ensuring that they are not looking to increase rate hikes any time soon.
-Expecting DXY will continue falling until it reaches 100.00 price area zone.
In the previous analysis, the expected ranges worked very accurately and we obtained the first target in the decreasing scenario by forming a divergence in the range of 0.70484, then 2 ranges of 0.70484 and 0.70588 are strong support to obtain ascending targets in the ranges of 0. 71159 and 0.71306.
The 2 scenarios we expected easily covered each other.
Now, in...
As the current Situation Aud still looking buy if price hold thats trendline will see a bullish move towards 0.72 zone. Now price facing a strong resistance zone near 0.715 where we see price did not break and touch thats zone 2 times but failed to breaks that zone i am expecting price will come down a little to the 4h level and then continue its journey
be...
If we can get AU to retrace I’m happy to short here with my SL high in the range. Should be smooth if we can get price to retrace and tap us in. Don’t risk what u aren’t willing to lose on any given setup, regardless of how nice it may be.
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.
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.
AUDUSD recently made a false break by creating a pinbar at resistance, even though it's trading in the ascending channel .
The price is likely to range around the psychological level of 0.7000 for an accumulation.
The market might go down and test the lower channel's border.
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Share your opinion in the comments and support the idea with a...
Pair : AUDUSD ( Australian Dollar / U.S Dollar )
Description :
Completed " ABC " Corrective Wave
Divergence
Break of Structure with Retracement
S / R Level
Exp FIAT
Bullish Channel as a Corrective Pattern in Long and Short Term
