Hello traders! ‼️ This is my perspective on AUDUSD. Technical analysis: Here we are in a bearish market structure from 4H timeframe perspective, so I look for a short. I expect price to continue the retracement to fill the imbalance higher and then to reject from FIBO 0.618 level. Fundamental news: This week on Friday will be released Unemployment Rate on AUD,...
AUDUSD we have Volume zone to sell and over that we have OB >>>>>>>>>>>>>>>>>>>>>>>>>>....................................................
The Australian dollar continued its strong sell-off even as the prices of industrial metals continued bouncing back. The AUD/USD pair crashed to a multi-month low of 0.6450 on Monday, much lower than this month’s high of 0.6645. Bearish view: - Sell the AUD/USD pair and set a take-profit at 0.6425 - Add a stop-loss at 0.6525 Bullish view: - Set a buy-stop...
AUD/USD (Australian Dollar - US Dollar) is one of the most frequently-traded currency pairs in the world. The AUD/USD rate, as shown in the real-time price chart, tells traders how many US Dollars are needed to buy a single Australian Dollar. Follow the AUD/USD live with the interactive chart and read the latest forecast and AUD/USD news to boost your technical...
We expect further downside on this pair, signalled by the formation of a triple-top pattern. We can also see the breakout of a counter-trendline supports our directional basis
Hello traders, AUD/USD has been struggling to clear the 0.6620-0.6650 resistance zone. We have observed multiple bearish candlesticks on the hourly chart. So, if price continues to struggle here, there could be a potential short opportunity with initial target at 0.6550 level. Keep in mind that this is the hourly chart, so even if you sell, consider taking...
Waiting for a retest of 0.64809 or 0.64989 to short AUDUSD back to 4H swing low at 0.63638 If you agree drop a like and if you have any questions leave a comment :)
FX:AUDUSD there is a bearish pattern in weekly, going toward fair value price then shoot up, as FED is keeping rates the same for a while pair could go down and may take a while to go there, and once FED cuts rates go up ( may go even before that with demand), this is for the long term, for short term pair could re OANDA:AUDUSD OANDA:AUDUSD trace from here a...
Price just bounced off top of bearish 4h channel. Should have confirmation of short soon with lower highs on the 30m. Price also just rejected off a major 4h supply zone. Target should be bottom of channel around 0.6460. SL @ red line or higher.
H4 - Bearish trend pattern followed by a pullback. Bearish convergence. Until the strong resistance zone holds I expect the price to move lower further after pullbacks.
AUD/USD (Australian Dollar - US Dollar) is one of the most frequently-traded currency pairs in the world. The AUD/USD rate, as shown in the real-time price chart, tells traders how many US Dollars are needed to buy a single Australian Dollar. Follow the AUD/USD live with the interactive chart and read the latest forecast and AUD/USD news to boost your technical...
In our last analysis, we had anticipated the AUD/USD would drop but after the ISM PMI result, the market turned the table and told us that the price has more corrections to do. in this case, we expect an ABCDE diagonal triangle pattern to be completed by price. Our technical view has been shown in the chart. If you like it then Support us by Like, Following,...
The greenback fell from a almost five-month excessive after Powell`s remarks The greenback index and greenback index futures fell barely in Asian trading, extending in a single day losses after Federal Reserve Chairman Jerome Powell gave blended indicators on a reduce. lessen US hobby fees. While Powell stated the Fed might subsequently reduce hobby fees later...
✔️AUDUSD Analysis ✔️AUDUSD is moving in the Descending channel and the market has reached the lower high area of the channel!!! ✔️AUDUSD is expected to fall 🔴Recommended to consider Selling from Seller Limit Zone.
Turning my focus to AUDUSD, I’ve identified a compelling SHORT opportunity. The pair is exhibiting clear signs of a bearish turn, with price action encountering resistance at a crucial level and beginning to show a reversal pattern. Technical indicators such as a bearish crossover in the MACD and an RSI trending downwards from overbought territory further signal a...
Please be informed that we should wait for the price to rise to our level and then wait for a clear reversal on the daily timeframe. Currently, we are observing strong bearish signals on the DXY, and due to the overbought condition on the DXY, the price is likely to decline further and undergo a significant correction. It is crucial to monitor the DXY rebound,...
Market Overview: At the 4-hour time frame, AUDUSD exhibits a robust Bearish Trendline Channel, suggesting a prevailing downward momentum. Currently, the currency pair finds itself positioned at a crucial residential level, adding weight to the potential bearish outlook. Entry and Stop Loss: Based on the analysis, a strategic entry point is identified at...
Delving into the AUDUSD pair, I've pinpointed a prime opportunity for a SHORT position. Technical indicators signal a bearish momentum, with the pair facing resistance at a key Fibonacci retracement level and forming a clear head and shoulders pattern, suggesting a potential reversal. The emergence of bearish engulfing candlesticks and a downturn in the RSI below...