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, 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...
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...
-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.
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
Expecting a nice clean move on this pair as currently the price is suffering around our key level and we think price will reverse from last week close.
AUD/USD :::
The middle line of the channel defines the trend well. In general, the channel is ascending and the price is moving towards the middle line of the channel.
The 0.7 range can be the next destination.
<<< Good luck >>>
Currency Pair : AUDUSD
Possible direction : Bullish
Technical Analysis : Price has grabbed liquidity for multiple times after breaking this local support. We have seen a very strong impulse on NFP with a false breakout to the down side and then reverse back to resistance level. Highly likely price will continue to rise as long tern trend is still bullish
Possible...
AUDUSD ( Australian Dollar / U.S Dollar )
Bearish Channel in Long Time Frame
Breakout the Upper Trend Line
Following Consolidation Phase in Short Time Frame as a Correction
Need to wait for the Breakout
Break of Structure
Divergence
