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 watchlist and see if the rules of your strategy are satisfied.
The price has been trying to gain strength and show growth for a long time. In the previous forecasts, we see how it began to grow more than once - but in the middle the fuel ran out and it went down again - to the support line.
I think AUDUSD is now ready to rise. You can open a half trade for now - for safety - but I personally expect a rise straight to the...
The price has falling trend. It has already broken strong support line and now is near resistance line. I expect it's falling in short period of time.
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Here is the Top-Down Analysis of AUDUSD (Monthly, Weekly, Daily for direction and 4H for entry) for
Week 44 - 26 Oct
M > Price faced rejection at monthly resistance and dropped for correction, we expect correction to be near 0.382 Fib level on last bullish impulse. We saw a W formation and expected price to drop till the neck which price did...
From the technical view:
1. From the Monthly perspective, the price created an impulse to the upside without any proper retracement, now we can expect a deeper retracement to at least 38.2 FIB Retracement taken on the monthly impulse. In that point, 38.2 can be our swing target as label on the chart.
2. From the Weekly perspective, the price just created an...
AUDUSD H4 CHART
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After he broke the descending triangle to see now, he broke to rise to the top, so he retested and could not break the support for that, he will continue to rise.
Here is the full analysis for this pair, let me know in the comment section below if you have any questions, the entry...