When it comes to AUDUSD , right now price is staying near a demand zone and we already seen some rejections from that particular area, which clearly shows the signs of demand. From there we could expect a nice bounce off and good impulse to the upside. On the way to the upside, we should expect a resistance from T1, which was a previous resistance area. From...
If you find this technical analysis useful, please like & share our ideas with the community. Coming to the technical analysis of A UDUSD , I think we are going to see an upward movement. If you are going to go short now, make sure to place the stop below the previous support area . What do you think is more likely to happen? Please share your thoughts in...
If you find this technical analysis useful, please like & share our ideas with the community. Coming to the technical analysis of AUDUSD , I think we are going to see an upward movement. If you are going to go short now, make sure to place the stop below the previous support area . What do you think is more likely to happen? Please share your thoughts in...
Audusd - Daily - Correction due on aussie upto the weekly supply zone before the next sell off. Main trend is still bearish for audusd but this correction could last for 2-3 weeks and its good risk to reward so lets ride it
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According To Fibo Retracement as in Reversal Situation by 0.78% level Major Price Action Privious Fals Breakout indicat that we have a possible Breakout from the upside of Channel TP and SL
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...
Dont rush the market. Let price come to you. Allow your setups to build. When your confluences are all aligned, open your positions. I am currently waiting for price to break and retest the trendline. An earlier entry was missed, but that means no harm and this current setup was meant to be my second entry. *Disclaimer* This is not financial advice. Forex...
After we reached our profit target in the previous analysis on this pair this is our view this week. AUDUSD analysis. If the price will break below the lower line of this channel then we look for short positions but if the price reacts from the same line by rejecting and finding support here then we consider a strong bullish phase ahead. For now we consider buying...
This Currency Pair is in Falling Wedge Chart Pattern, along with 200MA Support. So, Based on Current Price Movement and Technical Analysis, It is Potential Reversal Chart Pattern and Market is about to Turn into Bullish Soon Inshallah
AUDUSD Looking To Bounce Back From That Sump Last Week. Ideal Trade To Start Looking For Buy Opportunities. Ideal Trade Indicated On Chart... Preferably, SL Should Be Slightly Below The Lower Low... TP 1$2 Represented By Dotted Lines
Ready to buy from support
Hello traders, AUD/USD is trading at 0.7737. The pair is trading in resistance and support wedges in an upward channel and rebounding back form support to touch its resistance level. As the price has already touched its support level and rebounding back to its resistance level, it can give a good long opportunity. The entry price will be at 0.7742, stop at 0.7696...
LOOKING AT THE 4 HR CHART I WOULD CONSIDER A LONG POSITION ON THE PULLBACK. ALTERNATIVELY IF WE BLOW THROUGH THE .618 FIB LEVEL, I WOULD LIKE TO SEE A PULLBACK TO THAT LEVEL TO MAKE AN ENTRY. WHITE LINES ON LONG TRADE REPRESENT ALTERNATE ENTRIES TO SCALE INTO THE TRADE AND MULTIPLE TP LEVELS.
we have to wait for the pullback to the 77800 if it didn't break u can long it
Intraday Setup.... Daily - Aud/Usd is currently in the Minutte wave within correction which seems like e bearish channel. 4 hour - Completed C-D correction and E is yet to happen. 1 hour - Subminuette Wave i-v complete within C-D Signal : Bearish Structure (Head & Shoulder) Entry : Entry at confirmed breakout of the neckline. Will be looking for an...
AUDUSD looks interesting for Buys as long as that area holds above