Hello Trading Besties, AUDUSD dropped amazingly last week creating a new lower low on the daily and weekly timeframe. If you look closely on the 1 hour timeframe you can see it's fluctuations amazingly. If price can pullback and stay below 0.70460, this can be a great sell opportunity back down to the lower low. Only look for buys if price pushes above...
AUS/USD (Australian Dollar / Aussie Dollar) will go upside around $0.729 to finish the (B) wave as an ending diagonal and after that, it will down for wave the (C) of the ((B)). We can clearly see the formation of the ending diagonal (falling wedge). We will down after ending diagonal finish and we can see a new low below $0.699 in the future. DISCLOSURE -...
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 a downward movement. If you are going to go short now, make sure to place the stop below the previous resistance area . What do you think is more likely to happen? Please share your thoughts in...
Taking a look at the AU this evening, it has traded up into a key weekly level, market has started to break down with a breakout of the Asian session low and I'm waiting for the re-trace or re-test and fail to set up giving me an opportunity to short it. If we get the setup I'll short otherwise there's no trade, don't chase the price. This is not financial...
Hi everyone! Today i'm looking at a sell on the AUDUSD to round of the week, this entry is based on the volume profile and POI on the 1m Timeframe. I will be waiting for a break of orderflow before entering. ENTRY BUY LIMIT @ 0.71679 Stop Loss: 0.71699 (Add Spread) TP 1 (1R): 0.71658 (Stop Loss → Break-Even / Scale-In) TP 2 (3R): ...
Hey Traders, we are monitoring AUDUSD for a selling opportunity around 0.755 zone, respecting the weekly downtrend in combination with the strong supply and demand zone. once we will receive any bearish confirmation the trade will be executed. Trade Safe, Joe.
-Price broke and retested both consolidation box and level out of consolidation and retested level 0.73500. -Price also broke and retested counter-trendline with a bearish engulfing. -I will be shorting and looking at level 0.73000 or previous liquidity zone as take profits with BE protection along the way. -I will be aware of the Retail Sale news release...
Happy new week guys. In my plan we are having perfect downtrend channel from jun/16. It seems like EURUSD downtrend channel jan/06-Apri/01. Nearest residence 0.738, support 0.727 Enjoy your new week and good wealthy luck This post does not provide financial advice. It is for educational purposes only! You can use the information from the post to make your own...
AS you can see from the chart AUDUSDCAD has reached a strong resistance zone or level at the upper line of a descending channel so if the price will manage to break this line to the top and give us a bullish flag we enter long but if it fails and get rejected at this zone we consider a strong sell signal. So in this analysis as for now we anticipate a sell signal...
We expect to go short on this pair because the price is facing a strong resistance above. We know what we are doing and we do what the market is doing. This is more than an institutional analysis. Invest wisely.
IF YOU WANT TO PERFECT SELL ENTRY YOU CAN WAITE TO BREAKOUT 0.75641 SUPPORT ZONE. Hello Traders, here is the full analysis for this pair, let me know in the comment section below if you have any questions, the entry will be taken only if all rules of the strategies will be satisfied. I suggest you keep this pair on your watch list and see if the rules of...
Hello traders, AUD/USD is trading at 0.7590. The pair is trading in upward channel and about to make a head and shoulders patter. If the price breaks the support level at 0.7580 then it can start a new down trend and then its targets will be first target at 0.7542 and second target at 0.7500. Follow proper risk management strategy to avoid unnecessary losses and...
The pair has formed a nice rejection candle on the 1-hour timeframe and exactly at the 0.77 psychological level. My target is at the -27.2 of the Fibonacci retracement tool and I expect price to hit my target by tomorrow's New York session.
Audusd have strong power at the resistance zone, so i think now the price can’t break this zone and will go downward till that three targets, But if the price can break resistance zone you should canceled your order,
AUDUSD bound by a downward channel in the 4-Hour timeframe Without much economic news affecting the pair. We expect the movement will be greatly on the technical side. As we see on the parallel channel the price hit its resistance and now starting to move downwards. Our bias for this weeks moves is short. Trade Idea (SHORT) Sell Entry : 0.77470 Stop Loss :...
Simply, SELL on the retest. take profits and enjoy ;)
On the D1 time frame a noticeable head and shoulders is beginning to form. There have been two forms of bearish divergence, indicated by each ellipse. EXPECTING: Price to approach .77096 area and to approach in a corrective structure .74860 area.
... And then some. "When it walks like a duck, quacks like a duck ..." - Guess what?! (it's a duck) Here is the 4 hr.; ... and the Weekly;