Analysis for AUDUSD: Bearish Outlook 1. U.S. Inflation Trends: - Recent Data: The U.S. Consumer Price Index (CPI) showed an increase of 3.4% year-over-year in December, the highest in three months. This rise was more than expected, indicating a continued inflationary pressure. - Core Inflation: Core inflation, which excludes volatile items like food and...
H1 - Bearish trend pattern. Currently it looks like a pullback is happening. Until the two strong resistance zones hold my short term view remains bearish here.
Hello, According to my analysis of AUD/USD, the market has reached a very important stage. It has reached the strong resistance level at 0.69000. The price has bounced off it several times. We note that the pair reached the top of the ascending channel and was unable to penetrate it upwards. This puts pressure from the bears to fall further. Good luck everyone.
AUD USD is moving in an ascending channel, The price has reached the Higher High Level of the channel for the 3rd time, which is also a strong resistance level Upon reaching the HH level the market has formed a Doji candlestick pattern with a close below which is a good confirmation for a sell. What do you think ?
Hello traders, we want to check the AUDUSD chart. The price is moving in an ascending channel and has reached the indicated key level. We expect this level to act as a resistance level and the price will fall to around 0.66200. If the price cannot break this support level, we expect it to maintain its upward trend and the price will test the specified resistance...
UBS comments ahead of the December 12th and 13th FOMC meeting: The Summary Economic Outlook (SEP), released at the same time as the December policy statement, says there will likely be at least one, and more likely two, rate cuts in 2024. . While the market is happy with the FOMC's rate cuts, UBS expects the committee to be a little more cautious. The...
AUDUSD shows bearish divergence with double top and trying hard to break the resistance. High probability of downward motion. Will it continue downward motion?
We expect further downside on this pair, signalled by the head and shoulders pattern breakout. We can also see the breakout of a key level which further supports our directional basis.
AUD-USD was trading in an Uptrend in a rising channel But now we are seeing a A strong swing breakout So I am bearish bised now And I will be expecting A further move down Sell!
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We are starting to see increased selling pressure at the level of 0.6565. The most recent high did not provide enough liquidity for the price to push higher again. Therefore, a sell-off is possible to target the level of 0.6435. Subscribe to review updates and relevant analyses. Like and share! Thank you.
This is for short term Marked Possible Sell zone Wait for FOMC release And this is risky too. Please DYOR before entering the trade.
We have a lot of liquidity below, we have to take it before landing with its original trend, so we are going to take advantage of that price decline
The AUD/USD is showing a bullish rebound on the 4-hour time frame, approaching a resistance line. Despite our overall bearish bias based on the previous weekly candle analysis, we see a potential opportunity for a trend-following short with a target set at the 0.641 level.
AUD-USD- DAILY These are my Keylevels for AUD-USD on daily time frame.
In this video, we conduct a thorough analysis of the AUDUSD currency pair, delving into the prevailing upward momentum observed in both the monthly (1M) and weekly (1W) timeframes. This currency pair has encountered a notable resistance level, signaling the potential for an impending retracement. Throughout our discussion, we will explore the nuances of technical...
Wednesday saw limited movement in the majority of Asian currencies, but the dollar continued its recent upward trend as several Federal Reserve officials cautioned against placing bets that the central bank would stop rising interest rates. Due to the markets' desire for additional clues regarding US monetary policy, Fed Chairman Jerome Powell's next speech will...
AUDUSD at the moment is forming a bearish pattern, I am expecting it to drop below the previous low of 0.62704; thereby establishing a new low.