This currency pair is going bearish for the upcoming week 1-Completed M shape Chart Pattern on weekly time Frame 2- About to break out Parallel Channel / Created and fallowing key levels which are based on M shape Chart Pattern we can see on weekly time frame as shown in figure below
Hello traders. I expect the price with two targets to increase after breaking the price level of 0.723. Be profitable. Are you agree?
The long-term trend for AudUsd is clearly short with the pair dropping for almost a year now. After reaching 0.7 important figure, AudUsd has started to correct higher and had a local top at 0.73 resistance. The rise from the bottom is corrective in nature and is drowing a flag on our daily chart, on Friday we have a break under this flag's trend line resistance...
This Pair is in a range on the Daily TF However, due to the bearish candle closure from last weeks weekly candle and large wick rejection from a weekly resistance zone, I anticipate this pair to attempt a breakout to the downside on the Daily USD leading the charge due to DXY Dollar Index Market Structure and overall trend. We have to be careful trading USD this...
Here is my view for AUDUSD on M15. The price should go down, you can put a pending order on the Order block or find an entry on LTF within OB Zone. Trade Safe!
Here is my view for AUDUSD on H1. The price should go up, you can put a pending order on the Order block or find an entry on LTF within OB Zone. Trade Safe!
According to my analysis this currency pair is adopting bullish behavior for the upcoming week 1-Break The Downtrend line and fallowing the key levels while holding uptrend line 2-Moving in Parallel Channel Chart Pattern 3-Breakout 38.2 Fibo level retest it and now it is heading for the supply area indicating its further move towards bottom of the channel and...
Since the December 0.7 low, AudUsd has started to rise with the price action well contained in an ascending channel. On Fiday the pair has dropped hard, just to find bids in 0.72 zone, a zone markek by a confluence of horizontal and trend line support I'm bullish as long as this support hold and we can see 0.73 figure pretty soon
Just went long AU as the 4h, 1h, 15m are all uptrend and price is reacting off of a demand level. Hopefully it can hold
Here is my view for AUDUSD on M15. The price should go down, you can put a pending order on the Order block or find an entry on LTF within OB Zone. Trade Safe!
Is almost a year now since AudUsd has been trading in a downtrend and in this period, the pair has dropped exactly 1k pips from top to bottom. From December's low of 0.7, Aussie corrected to the upside, but the rise is contained in a rising wedge, giving us an indication that the resumption to the downtrend is probable. The trend line support of this pattern is...
as you can see the price was centrally range bounding in an ascending parallels channel where it has shown Bearish Divergence with MACD and there exist a cross below of MACD and Signal line (in yellow Circle) on MACD Indicator, which is the sign of trend reversal, and price retracement or correction. by using Fibonacci Retracement tool ,we can see currently the...
Here is my view for AUDUSD on M30. The price should go down, you can put a pending order on the Order block or find an entry on LTF within OB Zone. Trade Safe!
Here is my view for AUDUSD on M15. The price should go down, you can put a pending order on the Order block. Trade Safe!
As long as it holds the area, AUDUSD is a short. Auzi dollar is in a strong support zone and moreover, it makes lower low which confirms its uptrend is near to end. Moreover, as it follows this uptrend structure, wait for a bearish engulfing to take a short position
FOMC meeting result make the fed looking hawkish at this moment, so this condition will support the technical analysis setup. From the technical view, the price can't break through the kumo cloud multiple times, even though the kijun sen (blue line) is below the tenkan sen (red line) on a bearish kumo cloud (the ideal position is the kijun above the tenkan if...
Hello everyone, as u can see I think AUDUSD is at good price right now, could be nice short for 90 pips, we had bos
When it comes to AUDUSD , a while ago, we've seen a strong impulse to the downside. And got rejected from a previous support area S1. And still price is moving with good momentum means there is less resistance to the upside. So I think the price'll keep this momentum till the next resistance area T1, which is a previous support area; that might act as a...