short idea, price is showing rejection of MA and previous support while also showing OB on the 4hr. COT data and fundamentals are in alignment
Manage SL during news time, intraday trade tp and sl mentioned not a financial advice
Please, check our technical outlook for AUDUSD. Time Frame: 5h Current Trend: Bearish Sentiment: Overbought (based on 7-period RSI) Forecast: Bearish The market is approaching a significant resistance area 0.652. Due to the fact that we see a positive bearish reaction from the underlined area, I strongly believe that sellers will manage to push the price all...
i already Posted HERE Big Time Frame Analayze of AUDUSD. YOU CAN REVIEW IT in my PROFILE
After the FED Press Conference, it seems the Euro started Bullish momentum and showed Ascending Triangle if its crosses old Higher High then take a buy trade
AUSDUSD is making pattern like GBPUSD which changed its trend curently. hope you will get advantage in this new bearis move. joing with us in this OPEN CHAT Group called: DAWNLIGHT-FX GROUP (search on TELEGRAM and JOIN)
market is in bearish as it is making series of lower high and lowers lows so short sell
Market Context and Overview: The AUD/USD pair has recently shown signs of bullish momentum after breaking above key resistance levels. Utilizing various technical indicators and chart patterns, we can derive a comprehensive trading strategy. Technical Indicators and Patterns: Trend Analysis: The AUD/USD has broken out of a descending trendline, signaling a...
AUDUSD is registering huge net buy volume on the weekly data suggesting a shifting trend to the upside long term. Higher lows on weekly histogram and pricing has been created cementing the current range as the new base for the series of price growth. It is now sitting at 61.8 FIB LEVELS -- an area where buyers converge. Expect more upside valuation for the pair...
If the price is making higher highs and higher lows and is above the uptrend line, the market is considered an uptrend.
The Australian dollar has steadied on Wednesday after sliding 1.4% a day earlier. AUD/USD is up 0.19%, trading at 0.6489 at the time of writing in the North American session. Australian dollar slides after soft retail sales Retail sales in Australia fell 0.4% m/m in March, following a downwardly revised 0.2% gain in February and shy of the market estimate of...
AUDUSD is making a descending channel price was in range bound know its declining showing bearish descending pattern.
It is expected that a trend change will be formed in the current support range and the beginning of an upward trend will be formed up to the specified resistance levels. Otherwise, it will be possible to continue the downward trend up to the level of 78.6%
Tuesday, April 30th, 2024 New York Session 5:00 PM Entry: 0.64682 Profit level: 0.63940 (1.15%) Stop level: 0.64966 (0.44%)
Trade Call: Short Entry: 0.64801 SL: 0.65393 TP1: 0.64210 TP2: 0.63620
AUD is in golden zone on 1 hour timeframe and way oversold i’m thinking if it bounces off the golden zone. But first I’m waiting for a bull confirmation candle. I'm looking for reversal in this pair what do you guys think?