AUDUSD recently broke out of the descending channel; it is trading near the psychological level a 0.65000.
The price is likely to consolidate around or below the psychological level for accumulation and go down.
The market created the bearish harmonic pattern, which is extra confirmation.
Share your opinion in the comments and support the...
AUD/USD Outlook: Surfing the Forex Waves - But Watch the DXY
The AUD/USD journey has been an eventful one, with our earlier forecast for a recovery spot on. However, market dynamics are ever-shifting, and the next chapter is upon us.
Now, I'm anticipating a potential downturn for AUD/USD as the US dollar regains strength. But here's the caveat: this scenario...
Anticipating a Positive Reversal Post 3-Day Bearish Trend
After a three-day downturn in the AUD/USD pair, market dynamics are displaying intriguing signals. This adjustment aligns with the relationship between the Australian Dollar (AUD) and the US Dollar (USD), paving the way for an expected positive reversal in the AUD/USD.
Join us as we vigilantly observe...
Aud is very weak and the recent drop is not only on the back of USD strength...
After the new failed attempt to stay above 0.68 important figure back in July, the pair started to drop hard and in this descent cleared some very important levels that should have provided support: 0.66 and 0.65
For more than a month now the pair is trading in a 150 pips range, but...
Hello traders, this is a complete multiple timeframe analysis of this pair. We see could find significant trading opportunities as per analysis upon price action confirmation we may take this trade. Smash the like button if you find value in this analysis and drop a comment if you have any questions or let me know which pair to cover in my next analysis.
Hello Everyone. I want share my idea about AUDUSD pair.
After some price consolidation i got some good moves which actually gave me new and good entry point.
Price action had perfect reaction from daily support which broke 4H interested zone ( here in consolidation price had many times reaction) and now it stopped there where we have daily Trendline which broke...
✍️ NOVA hello everyone, Let's comment on AUDUSD price next week from 25-30/9/23
🔥 World situation:
The Australian Dollar (AUD) is making a comeback against the Greenback (USD) on Friday and is poised to end the week with significant gains. The weakness of the US Dollar, coupled with investors' interest in taking risks and declining US Treasury bond yields, are...
AUDUSD moved out of the ascending channel and made lower lows.
The price is pulling back to the resistance level at 0.64500.
Price action formed a confluence level for the short opportunity: fibo level 50.8% and dynamic resistance.
We expect a bearish move from the resistance level.
Share your opinion in the comments and support the idea...
‼️ This is my perspective on AUDUSD.
Technical analysis: Here we are in a bullish market structure from 4H timeframe perspective, so I am looking for long. I expect bullish price action from here as price filled the imbalance and could reject from bullish order block.
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I hope everyone enjoyed the Gold bat yesterday, I felt nervous about publishing it as everyone in the chats was saying to buy gold at the news. Anyway, all was good, and all the guys at XAU USD Elite earnt lots of lovely profit. It proves that if your strategy is sound then you always go with it, do not be swayed by others.
Anyway, here we are with the AUD USD,...
⭐️ Smart investment, Strong finance
⭐️ AUD/USD INFORMATION:
During the Asian session on Wednesday, the AUD/USD pair is struggling to gain significant momentum and continues to trade below its two-week high of around 0.6470-0.6475, which was reached yesterday. The spot prices are currently moving within a familiar range and hovering around the mid-0.6400s as...
Educational Analysis says AUDUSD may go Short according to my technical.
This is not an entry signal. I have no concerns with your profit and loss from this analysis.
The AUDUSD Market is in a downward trend making AUD currency strong against the USDollar.
So one trade is already on with RR is 1:11.7
I HAVE NO CONCERNS WITH YOUR...
AUDUSD is anticipated to experience an upward trajectory in the near future. The price recently reached a crucial support level at approximately 0.6400, and subsequently, the market exhibited a notable surge in momentum.
This positive price action suggests a potential bullish trend in the making. Traders and investors can reasonably expect the price to ascend...
stabilizing above 0.6431will support rising to touch 0.6468then 0.6491 then 0.6527
stabilizing under 0.6396 will support falling to touch 0.6367 then0.6340
Resistance prices: 0.6468& 0.6491& 0.6527
Support prices: 0.6367& 0.6340 & 0.6285
The Australian dollar is showing signs of a tentative rebound this morning following a period of stagnation. Chinese economic data, as indicated in the economic calendar below, has provided a boost to the "pro-growth" currency, with better-than-expected figures in industrial production and retail sales. This comes as a welcome relief for Chinese authorities, given...
The AUD/USD pair is currently in a volatile state due to conflicting signals from macroeconomic trends in China and the United States. A strong resistance level at 0.6485 makes it difficult for upward momentum to develop. China's positive economic data offers some upside for the AUD, while the US dollar's strength creates downside risk.