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.
Hi Traders! AUDUSD has tested the 6-month high but has failed, and there is a potentially big pullback that is about to occur. Here are the details: After the range zone breaks to the upside, The market was in an aggressive bull rally to tray and test the 6-month high but has exhausted due to a strong bearish presence at the 6-month high. The next signal to...
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.
Is AUDUSD exhausting at highs? As the price is been on high bull run but now it seems like price is lacking bullish momentum after printing double top pattern at resistance level and bearish divergence( on lower time frame) suggesting the sell pressure is about to start. If the bears took control , the 1st target could be 0.6660. What you guys think of it?
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 ?
AUDUSD surpassed its recent high of 0.6800 last Friday, reaching levels not seen in nearly five months. The initial rise in the Australian dollar was attributed to increased market risk appetite and a decline in the US dollar. Additionally, hawkish sentiment around the RBA supported the Australian dollar. AUDUSD continues its uptrend intraday. Upward movement...
The AUDUSD witnessed a remarkable rebound this week, surging to the 0.6791 level on Thursday, marking the highest level since late July. After a failed attempt at the beginning of the month, the bulls finally broke above the resistance trendline dating back to April 2022, adding to the market's optimistic sentiment that the upward reversal from the year's low...
I am expecting a correction on this pair to 0.38 and 0.61 Fibonacci level. We are seeing an ending diagonal marking the end of the 5th wave. And the start of ABC correction.
The AUDUSD witnessed a remarkable rebound this week, surging to the 0.6791 level on Thursday, marking the highest level since late July. After a failed attempt at the beginning of the month, the bulls finally broke above the resistance trendline dating back to April 2022, adding to the market's optimistic sentiment that the upward reversal from the year's low...
. Don't forget about stop-loss. Write in the comments all your questions and instruments analysis of which you want to see. Friends, push the like button, write a comment, and share with your mates - that would be the best THANK YOU. P.S. I personally will open entry if the price will show it according to my strategy. Always make your analysis before a trade
AUD-USD - NEW HIGHS? Aud-Usd with a not very dovish policy , can reach the next resistance soon. Im long on Aud-Usd from the support zone.
After 3 try to break upper line of channel, AUDUSD has firm wedge top and has chance to fall to median line. Heavy zone, no momentum and need to correct. Trade safe. Good luck.
hello trader’s what do you think about audusd)? Audusd a breakdown of resistance levels and bake down said support levels wait for channel breakout go down) key levels 0.66605 Key levels 0.66932 Key levels 0.65767 Key levels 0.65519 (Follow me don’t miss next ideas)
. Don't forget about stop-loss. Write in the comments all your questions and instruments analysis of which you want to see. Friends, push the like button, write a comment, and share with your mates - that would be the best THANK YOU. P.S. I personally will open entry if the price will show it according to my strategy. Always make your analysis before a trade
looking forward to sell AUDUSD around 0.6610 level or above as we have seen a massive shift for downside in all major currencies as dollar seems to rally higher and likely to target 104.25 level which makes this pair weaker and pois to move down towards our target of 0.6520 level
hello traders i hope every one having a great profitable week... AUDUSD complete its correction of Weekly sell trend and now impulse of sell trend.. good luck..
The Australian and New Zealand dollars slipped on Monday, guided lower by yuan weakness amid increasing deflationary pressure in China, while traders await a week packed with central bank meetings to keep buying into their interest rate-cut hope. The Aussie slipped 0.3% to $0.6556 AUDUSD , having fallen 1.5% last week in the first decline in four weeks. It...
AUDUSD W1 - The price reached level 161 after breaking through the trend line. which could lead to the start of a correction or a continuation of the downward movement to new lows. D1 - The price can form a 3-wave structure and, upon breaking through the minimum of the 1st wave, continue moving to the levels of 0.62592. What can you expect? You can...