AUDUSD has been sharply bought back again after reaching lower support. Price has returned to the ascending channel and the dynamic resistance has been broken and now acts as support. The downward structure has not been broken yet. We expect a pullback after reaching the nearest resistance level. ------------------- Share your opinion in the comments and...
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.
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...
After breaking through the ascending channel, the price unsuccessfully tried to return to its boundaries. AUDUSD is now moving in a narrow range. The asset is likely to try to return to the channel once again and then go down to retest the support. We expect a bearish move. ------------------- Share your opinion in the comments and support the idea with a...
Hey Traders, Check out this technical analysis on AUDUSD; it appears to be undergoing a small pullback, potentially indicating a bullish momentum continuation. However, I would recommend waiting for a proper retest of the broken key level before considering a buy-trade entry. Alternatively, there may be an opportunity for a sell trade if the market breaches the...
AUDUSD recently made a double bottom support level and broke and closed below it. The price broke and closed below the ascending channel as well, indicating a trend shift. The market is consolidating on the 4H timeframe, and price likely will retest the support by creating an equal, measured move. We expect a bearish move. ------------------- Share your...
If the line breaks, the transaction will be confirmed
Dollar constant with PCE inflation and Fed remarks in focus The greenback index and greenback index futures fell throughout the Asian consultation on Tuesday, extending in a single day losses because the dollar noticed a few profit-taking after growing to an intraday high. one month. Still, investors stay closely biased in opposition to the greenback in advance...
HELLO FRIENDS As I can see this pair is now testing a strong support zone and it can move upside from this area and if we see its also creating a harmonic pattern Wyckoff, we have a very low risk and higher reward entry here its just a trade idea share Ur thoughts with us. StayTuned for more updates
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...
Hello traders! ‼️ This is my perspective on AUDUSD. Technical analysis: Here we are in a bullish market structure from daily timeframe perspective, so I expect bullish continuation after price filled the imbalance and rejected from trendline + support zone. This move is supported by weak USD after news. Fundamental news: Tomorrow we will see results of...
AUDUSD, currently trading at the perfect area to take a swing buy entry, we already have two entries which are currently active. This can be a third entry, which is available to take right now with 100 pips stop loss and 700-800 pips as in take profit. Waiting for price to be extreme bullish in soon time. Trade safe!
In Australia, the Reserve Bank of Australia (RBA) is predicted to preserve hobby prices at its personal coverage assembly today, with nearby banks predicting no fee modifications till at the least overdue August. Carl Ang from MFS Investment Management commented that strong and guiding coverage prices are predicted amid excessive uncertainty, with a clearer...
AUDUSD appears to be exhibiting a bullish bias on the 4-hour timeframe, potentially following a bullish flag pattern alongside Elliott Wave theory indicating a completed 12345 sequence. The recent upward movement is supported by a retracement of approximately 61% within the context of Elliott Wave's fourth wave completion, suggesting further upward momentum may...
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...
AUDUSD is near the major support level on the 4-hourly chart. Price action is decelerating while approaching the support level and 141.4% fibo extension level. There's a high chance that price bounces off the support if price creates a false break. We expect a bullish move following the completion of the AB=CD. ------------------- Share your opinion in the...