On Thursday, DXY was become stronger and put AUDUSD down, but If you look on the chart, we can see huge Bearish candle which is abnormal as compared to another candle. I believe AUDUSD may rise more. Every support is an opportunity to buy.
If you see this, a double top can occur and the current price forms a bearish channel pattern. Added with Elliot Wave notation, the possibility that happens is in the A-B-C correction period. Find an opportunity for short when the price is corrected bullish approaching the trendline
Here is my analysis for AUDUSD on H1 using Order Block. The price could go bearish, you can put a pending order on the Order block or find an entry on LTF within OB Zone. Trade Safe!
Hi Traders! There is a potential double top pattern on the AUDUSD 1D chart as the 0.68999 resistance is still holding. There has been huge amounts of bullish momentum over the past few days, and there might be a possibility that bulls are now profit-taking and exiting their long positions, which will lead to a slowdown of momentum and a possible retracement of...
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.
Hi, according to my analysis of the AUDUSD pair. There is a possibility of an uptrend with a retest of the price. Double button model. There is strong support in this area 0.65000. And this is just a corrective wave. to return to height. Good luck everyone .Note: If you like this analysis, please give your opinion on it. in the comments. I will be happy to...
Several weeks ago I expect it will going down retrace to price 64¢ but it didn't, it was pumping from 65¢ and broke the strong resistance swing high at 68¢, after that correction to strong support at 66¢ before it pumping hard again to test that 69¢, but unfortunately not yet touched. Usually when the price doesn't touched particular strong round number (almost...
AUDUSD analysis is in accordance with the analysis a few days ago. the price finally bullish broke through the resistance area and now looks correction. To determine the next target, we can draw fibo extensions from the beginning of wave 1 and the base of wave 2 to find the approximate length of wave 3.
Dear Traders, hope everyone having an profitable week. Our last setup on AUDUSD showcased the possible future trend of the pair. Price came close to our area of entry. In our opinion price already have completed the bearish move and the bulls have taken control over.
there is consolidation with a fairly wide price range. I still believe if this pair there is a strong opportunity to be bullish. with today seen morubozu bullish candle.
Currency Pair : AUDUSD Possible direction : Bearish Multiple-timeframe Analysis : Daily : Price has just tested the daily 20EMA and has broken toward downside forming a daily MIDDLE MAN which may continue to drop as long term trend is down Monthly: There is strong rejecjction from the resistance level. Weekly: Pirce already tested the weekly resistance level and...
there is almost the same movement between this pair and GBPUSD, I am waiting when the price can breakout from the line that I set.
Yesterday, the AUD/USD experienced its third consecutive day of growth. However, the upward trend is expected to face obstacles during Tuesday's trading session due to the impending Reserve Bank of Australia meeting. Despite some analysts adopting a more hawkish stance and predicting a rate hike as the most likely outcome of today's meeting, money market traders...
Dear traders, we are approaching a possible 420+ PIPS REVERSAL. Price is still consolidating. LIKE AND FOLLOW FOR MORE
the price is in accordance with the last analysis. still looks bearish with the goal up to SnD D1 at fibo 0.236. we can wait for a possible reversal at this point.
Here is my analysis for AUDUSD on H1 using Order Block. The price could go bearish, you can put a pending order on the Order block or find an entry on LTF within OB Zone. Trade Safe!
🔆MULTI-TIME FRAME TOP-DOWN ANALYSIS OVERVIEW☀️ 1:✨Eagle eye: A completely bearish trend is in place. The last low was created in 2001, followed by a CHOCH (Correction of Higher Chance) that occurred in 2011. The market then entered a correction phase and formed a valid lowest level in 2020 with a big hammer and heavy volume. This indicates that the market may have...
Technical Analysis : 12 hour pull back chart : Verified by VRVP : I'll join the action only when that red line finally breaks. My strategy involves using a dynamically trailing stop loss approach. Feel free to leave comments if you'd like to receive regular updates on my SL's. Thank you, loyal followers! Your support drives me forward on this...