The AUD/USD pair on the M30 timeframe presents a potential buying opportunity due to a recent breakout from a well-defined bullish pennant pattern. This breakout suggests a continuation of the prior uptrend and a higher likelihood of further gains in the coming hours. Key Points: Buy Entry: Consider entering a long position (buying) above the broken resistance...
AUDUSD - 24h expiry The medium term bias remains bullish. The sequence for trading is higher highs and lows. Setbacks should be limited to yesterday's low. Bespoke support is located at 0.6575. Preferred trade is to buy on dips. We look to Buy at 0.6575 (stop at 0.6549) Our profit targets will be 0.6640 and 0.6650 Resistance: 0.6635 / 0.6665 /...
In our comprehensive analysis, we delve into the AUDUSD currently trading into a bearish order block on both daily and four-hour timeframes. The accompanying video elucidates the prevailing trend, delineates the nuances of price movements, and dissects the overarching market architecture. Additionally, I offer a strategic trade proposition for...
TECHNICAL AUDUSD Show potential for buy. Right now the price fill the imbalance and is very close to 1H zone. It's very important to wait for candle confirmation before jump in. 1st TP at 0.66177 2nd TP at 0.66496 Good Luck FUNDAMENTAL RBA keeps rates steady /strong AUD/ USD rate cuts on the table /weak USD/
Hello friends nice to meet you all hope you have a good time and have a great investment time. As you see the blue line, RSI berish divergence was appeared. It can have a rebound at a meaningful recent point and the final goal is the tail's zone below.
Countdown to RBA rate decision The nine members of the Reserve Bank of Australia (RBA) are set announce its latest interest rate decision that could significantly impact the Australian dollar. This comes amidst remarks from Warren Hogan, Chief Economic Advisor at Judo Bank, who suggests that the central bank might soon need to raise rates to over 5%, a...
After a significant 80+ pips downward movement post-choch, AUDUSD seems to be adhering to Elliott Wave principles, completing its 3rd wave. As it enters the 4th wave, a 50% retracement is completed, coinciding with a touch on the ascending trendline. With buying block orders activated, AUDUSD is likely to shift towards a bullish trajectory.
The Treasurer has previously highlighted the impact of weaker commodity prices, particularly on iron ore - a key Australian export - along with rising unemployment as key factors. to adjust revenue. Australia's unemployment rate hit a two-year high of 4.1% in January. Over the last month, Chalmers has also highlighted concerns about global economic stability,...
Hello Traders, here is the full analysis. Watch strong action at the current levels for BUY . GOOD LUCK! Great BUY opportunity AUDUSD I still did my best and this is the most likely count for me at the moment. Support the idea with like and follow my profile TO SEE MORE. Traders, if you liked this idea or if you have your own opinion about it, write in the...
AUDUSD Hit again the resistance area at 0.65750 and it's fighting to break above this level. I think this could be a trap, and were most of the traders expect a double top (entering short so) i think we could see a fast pump there reaching the resistance area at $0.66250
Here is a 1:2 RR Trade setup on AUD USD Lets see how this play out Waiting patiently for confirmation
Most Asian currencies weakened on Friday, while the dollar steadied in anticipation of key inflation data expected to influence the Federal Reserve's stance on cuts. interest rates. While the dollar's decline overnight - after weaker-than-expected US gross domestic product data - brought some relief to Asian currencies, this was largely offset offset by continued...
Fed rules out rate hike. Will the RBA now do the same? The US Federal Reserve maintained its policy rate within the 5.25%-5.50% range as anticipated. Notably, Fed Chair Powell, in the press conference, expressed that while the central bank remains vigilant about inflation risks, a hike is "unlikely" for the next move. Will the Reserve Bank of Australia (RBA)...
Hello Traders, I hope you doing great. for upcoming week, I think we'll probably see an Upward trend on AUDUSD and a downward correction on DXY$. if this post was helpful to you, please like and share.
Hello Traders In This Chart AUDUSD HOURLY Forex Forecast By FOREX PLANET today AUDUSD analysis 👆 🟢This Chart includes_ (AUDUSD market update) 🟢What is The Next Opportunity onAUDCAD Market 🟢how to Enter to the Valid Entry With Assurance Profit This CHART is For Trader's that Want to Improve Their Technical Analysis Skills and Their Trading By Understanding How To...
Hello Traders In This Chart AUDUSD HOURLY Forex Forecast By FOREX PLANET today AUDUSD analysis 👆 🟢This Chart includes_ (AUDUSD market update) 🟢What is The Next Opportunity onAUDCAD Market 🟢how to Enter to the Valid Entry With Assurance Profit This CHART is For Trader's that Want to Improve Their Technical Analysis Skills and Their Trading By Understanding How To...
Hello traders! ‼️ This is my perspective on AUDUSD. Technical analysis: As we can see here price broke the structure and started to form higher highs and higher lows, so now I look for long position. I expect price could continue the retracement to fill the imbalance lower and then to reject from bullish order block. Like, comment and subscribe to be in touch...
Pair: FX:AUDUSD Timeframe: H4 - Medium Term (MT) Direction: Long Technical Confluences for Trade: - Stochastics are in Oversold Conditions on D1, H4 and H1 time-frames - Price action is now at the middle of a parallel channel - Price is at 61.8% Fib Extension Level - Aiming for the 50% Fibo Retracement which the horizontal line shows a supply-demand...