In mid-August, AudUsd started to rise and correct the down move, and at the beginning of September, a new leg down took place. However, this new leg down couldn't make a new low, but a higher low instead which puts under question the medium-term downtrend. The last breakdown has proven to be a false one and AudUsd quickly recovered losses. At this point, the chart...
The initial reaction on LON open was a strong bearish push and I do expect price to retrace to either : - Retest the trend line or - Retest Level 0.72500 Extra Confirmations: Bearish Candlestick rejection/Structure/MA Crossover/MA Retest The target would be the previous low (Order Block + Level 0.72000 and Liquidity zone) & Possibly Lower Suggested to wait a...
After the recent 0.7170 low, AudUsd has started to correct. The rise is contained in a clear flag formation and I expect a breakdown soon. That being said, in my opinion, rallies close to 0.73 should be sold and 0.7170 low can be bears target 0.7225 is interim support
In a nutshell, the overall Trend is still bearish and with the upcoming RBA statement in the coming few days. Fundamentally, I believe the USD will remain stronger than the AUD and it would take a big change on both economies to completely reverse the bearish trend. However, beware of the volatility that may come with NFP and the RBA rate announcements. Sell...
Hello traders, this is the full breakdown of this pair. We will take this trade if all the conditions are satisfied as discussed in the analysis. 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.
Great Daily AU trade, if price will break and retest the Daily POI, if don't break and retest we can enter right now.
Look to go short if USD were to strengthen (Since AUD is closely Linked to Gold, It could have a profound effect on this pair compared to others if XAU/USD were to continue lower) Here is my analysis on DXY: Short on these confluences: Retest of Pivot Zone Retest of counter-trend Line (RED) Break and Retest of Level 0.72000 Bearish Structure Retest on...
This is an educational + analytic content that will teach why and how to enter a trade Make sure you watch the price action closely in each analysis as this is a very important part of our method Disclaimer : this analysis can change at anytime without notice and it is only for the purpose of assisting traders to make independent investments decisions
AU is climbing up towards a lower high and then a lower low attacking sell-side liquidity below the trend line and support levels. LTF confirmation needed to confirm reversal within the indicated price range.
After reaching 0.7450 zone recent high, AudUsd started to drop. This drop looks over now with the pair forming a strong base in 0.7220-0.7230 zone A new leg up could follow from this point and Aussie could challenge 0.75 important figure in the next weeks. Also a swing trade could have a good R:R of more than 1:2
IF WANT TO PROPER ENREY.PLZ! YOU CAN USE ⏬BUY STOP @ 0.72897 LEVEL AronnoFX will not accept any liability for loss or damage as a result of reliance on the information contained within this channel including data, quotes, charts and buy/sell signals If you like this idea, do not forget to support with a like and follow. Traders, if you like this idea or...
Confluences a. FIB b. Higher timeframe momentum + lower timeframe momentum (4H) c. Minor key level
AUDUSD has been forming a wedge and consolidation recently I am neutral on direction however will be looking for opportunities on a break and retest of the consolidation box (White Box)
From my experience, a triple bottom signifies a reversal, and price has been moving corrective for quite some time now.
This is an educational + analytic content that will teach why and how to enter a trade Make sure you watch the price action closely in each analysis as this is a very important part of our method Disclaimer : this analysis can change at anytime without notice and it is only for the purpose of assisting traders to make independent investments decisions
AUDUSD is moving! USD strength is dragging it down with some gusto! Currently, it is running deep into a bullish order block. Will the OB hold, rejecting price,form a HL, and continue the bullish momentum? All eyes on this 4H order block... I have a full FOrex Weekly FOrecast for Sept 20-24th on my Channel. Hit the "Find Me At" YouTube button to see multiple...
Just waiting for 4H break of structure Potential confluence. FIB Golden Zone Daily from A to B Daily level Descending formation
After breaking the descending trend line resistance, AudUsd made a local high above 0.7450 and now is in a corrective move. I expect higher continuation and buy dips is my strategy.