Hi Traders! AUDUSD has been very bearish over the past couple of months, and there is a possibility that the market is now oversold. Looking at the price action on the 1D chart, we have have highlighted the price rejection at the support area between 0.63847 and 0.63575. There is a likely pullback incoming due to the market holding above the support area, and...
Despite strong data from the US and weak data from China over the past few weeks, AUD/USD bears have failed to keep the Aussie below 64c. Even a strong inflation report from the US on Wednesday resulted in the Aussie springing back above that key level. Since then, we have seen the pair break a retracement line on the 1-hour chart as part of a bullish breakout...
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hi my lovly member this structure by rtm and smc on audusd my concept is buy please support me and send your idea in comment
6th, 7th, 8th daily inside bars, indication weakness has been ended. price in accumulation phase. 11th September daily insurance bar further confirmation for strength in coming days. demand zone for long 0.6400-0.6365, stop loss below 0.6360, target: 0.6515.
The AUDUSD is likely to reach the support level and then bounce back. If you are trading on AUDUSD then wait for the drop and make your entries precisely. A close below the support level will invalidate this forex trade. Note: This update is only meant for scalping trade and not for mid to long-term holdings. DYOR before investing.
Here is my analysis for AUDUSD on H1 using Order Block. The price could go bullish, you can put a pending order on the Order block or find an entry on LTF within OB Zone. Trade Safe!
Welcome back! Let me know your thoughts in the comments! ** AUDUSD Analysis - Listen to video! We recommend that you keep this pair on your watchlist and enter when the entry criteria of your strategy is met. Please support this idea with a LIKE and COMMENT if you find it useful and Click "Follow" on our profile if you'd like these trade ideas delivered...
I've been observing the AUD/USD chart , and it seems that the price might continue in an uptrend. We can notice multiple instances of the price breaking through the support/resistance zone, and after that, the price managed to surpass the trendline and perform a retest. I anticipate that the price will reach higher levels. This trade could potentially be of a...
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 on AUDUSD 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...
AUDUSD - 24h expiry Short term bias has turned positive. Intraday dips continue to attract buyers and there is no clear indication that this sequence for trading is coming to an end. 20 4hour EMA is at 0.6462. Bespoke support is located at 0.6460. We look to buy dips. We look to Buy at 0.6461 (stop at 0.6441) Our profit targets will be 0.6511 and 0.6531...
When assessing the potential for taking a long position on the AUD/USD pair, there are several factors to consider based on the provided Stochastic Oscillator readings. The Stochastic Oscillator indicates that the pair is currently in an oversold condition (1H, 4H, 1D as of the time of this analysis) . Specifically, the %K line is at 12.95, and the %D line is at...
The AUDUSD downtrend channel was broken and now the price went to a consolidation area. The 200 EMA being broken on 1H confirms the same thing. The consolidation area has two touches on the support and two on the resistance. I'm waiting for the consolidation area to be broken as the resistance of the consolidation area is a key area that has been support turned to...
AUDUSD - 24H expiry Short term bias has turned positive. Previous resistance at 0.6435 now becomes support. We look to buy dips. The overnight dip has been bought into and there is scope for further bullish pressure going into this morning. 50 4hour EMA is at 0.6442. We look to Buy at 0.6438 (stop at 0.6418) Our profit targets will be 0.6488 and 0.6498...
Conditions for a weaker US dollar have been ripe, with calls for the RBA’s rate to have peaked at 4.1%, deteriorating data from China and ‘higher for longer’ calls for the Fed. And with that, we have seen some outlandish calls for the Aussie to fall to 50 and even 40c. Perhaps those calls will turn out to be right. But the Aussie did not earn its name “the...
Analyzing AUD/USD: Anticipating Potential Buy or Sell Signal Tomorrow, with a Neutral Outlook for the Following 2 Days.
Looking at the AUD/USD chart, we can notice that the price has made a new high. Right at that high, we witnessed a downward price reaction. The price gathered liquidity from the lowest peak and broke through the support back upwards. In my opinion, this suggests that we might see a continuation of the price rise to 0.64884 .
AUDUSD was able to break the 🔴 resistance zone($0.64620-$0.64530) 🔴. Now, we are watching the pull back to the resistance zone . Also, we can find the Double Bottom Pattern(Standard) . 🔔I expect AUDUSD will go UP at least to the upper line of the Ascending Channel and next 🔴 resistance zone($0.65030-$0.64920) 🔴. 🔅Australian Dollar/U.S.Dollar Analyze...