AUDUSD expected to rise up to 1st resistance at 0.65528 where it could potentially react off and drop down to 1st support at 0.62180. Trading CFDs on margin carries high risk. Losses can exceed the initial investment so please ensure you fully understand the risks.
There is a clear break and retest out of the ascending channel. This is a great signal for calling shorts on aussie. See my previous long idea about AUDUSD here and here Please leave a like and let me know what you think in the comments section below. Disclaimer: This is only an idea and should not be taken as a trading signal.
AUDUSD reversed off its resistance at 0.64382 where it could potentially drop further to 0.63196 Trading CFDs on margin carries high risk. Losses can exceed the initial investment so please ensure you fully understand the risks.
Audusd - Daily chart - short at weekly supply down to a strong daily demand zone which will be a good entry for buys.
As you can see from this chart, AUDUSD is at a downtrend and will be going down some more to the support line. If it fails to break the support line, then it will definitely push back up before moving back down again. Please like, follow, and share if you found this analysis useful!
I am looking for buys on this pair. The five wave impulse pattern has completed. Waiting for the corrective pattern to complete to look for entries. I've speculated I will take entries at the daily and 4 hour support level given how price action plays out.
hey guys i think in future we'll see this move form aud/usd and i think its better to have a short position on it. it can move down to that support level and start moving up again or maybe it break that level thank you
FRIDAY, 1st May 2020 #AUDUSD SELL (Swing Trade RR 1:4) Entry = Now 0.64700 SL = 0.65800 (-110 PIPS) TP = 0.60100 (+460 PIPS) Disclaimer On PLEASE USE YOUR OWN MONEY MANAGEMENT RULES Your Money is Your Own Responsibility
hello everyone, lets see how Aussiedollar will react at this area, if market break aggressively the top then short set up is invalid, but for now lets see at least one more leg to the downside! trade safe and with care, good luck.
On 4 hour chart; #AUDUSD reached a strong resistance line, SAR and T3 curve became negative, and the rising trend of RSI is broken so the price is likely to fall.. Disclaimer: Please do your own due diligence when it comes to forex-trading.. Invest at your own risk.. I wish you all the best..
Waiting for a setup under the arc area even though longer-term is showing movement up, still keeping eye on immediate setups.
Hello friends, AUDUSD has been rallying strongly after taking a nosedive in March. However, this relief rally could be coming to an end very soon. AUDUSD faces strong resistance at the 100D EMA and also the previous high around 0.6450. In my opinion, the area between 0.64 to 0.6520 could be the Potential Reversal Zone(PRZ) for AUDUSD.
AUDUSD Expecting AUDUSD to push up a bit more for now, I would like to see us climb up a bit more then giving us clean rejections from resistance so we can look to take a short trade.
with a bullish bias of GA & EA in mind, we can expect some weakness in the Aussie. price is having some difficulties to break the 0.63400 level which is the 618 of the Fibonacci. in the next 24 hours we could expect more bearish AUD.