Examining the trend in the four-hour time frame, it seems that AUD/USD has formed a bullish head and shoulders pattern, and therefore, provided the price breaks through the resistance range of 0.6616-0.6605, the rate can so that the resistance interval of the middle level increases in the range of 0.6686-0.6673.
Expecting a continuation of the upside for red and blue wave 5. 🚀 Entry = 0.66042 ☠️ SL = 0.65855 🏆 TP = - 0.66229 - 0.66416 - 0.66603
13 Pips Moving Down Fast Should have posted earlier hard to monitor everything Need a Dashboard Short and Long term look opposite in Strength Selling Volume High
AUDUSD👉Awaiting US CPI data Currently, AUDUSD is facing another strong resistance zone located near 0.6640. The price was rejected several times in the past by adding more value to the strength of this structure. We have to look for possible reversal signs if we want to trade on the "Short" side We have to wait for the price to bounce above 0.6640 for a...
The AUDUSD pair followed our previous signal with great precision (March 19, see chart below), hitting the 0.63750 Target: Following that, the price rebounded and has so far been rejected yet again on the 0.5 Fibonacci retracement level. That is the strongest medium-term Resistance and a symmetrical sell level where the similar sequence of June - July 2023...
If the price stabilizes above the current support range, the continuation of the upward trend is likely. In this case, it is necessary to break the resistance trend line with strength
Daily - after CPI and Rate decision, I was expecting continued long move on AUDUSD. now that it has tagged R1, and is currently pulling back, long bias still remains intact on daily. Origin - **0.66151 - 0.66043** is the zone to look for. above this we are bullish and below it, we are bearish. if price dumps from here, I will look for longs as price comes near...
Looking for a continuation of last weeks momentum on this rejection of resistance, but currently having
This is my bearish trend idea. However, wait for a fall back to a key level after trend continue to downtrend momentum, because overall structure breakout and continue to downtrend. You can see it high time frame momentum. Good luck
This is my bearish trend idea. However, wait for a fall back to a key level after trend continue to downtrend momentum, because overall structure breakout and continue to downtrend. You can see it high time frame momentum. Good luck
“You can take trades by seeing breakouts or pullbacks from the support and resistance levels shown on the chart.” Support and resistance levels are fundamental concepts in technical analysis used to identify potential turning points on a price chart. Here’s a brief explanation: Support: This is a level where the price tends to stop falling and bounces back up....
#AUDUSD Buy Idea ........................................................................
Weekly : The price is situating between W-ERl & W-IRL, so in the weekly chart, if the price takes either one of the Weekly PAD then we could anticipate the move to-wards other side. But as the DXY is bullish so we could anticipate that, the price will take the W-BSL First then it will come down, Weekly Bias: Bearish. H4 : The price has taken the D-FVG then...
Hello traders and investors! I'll share the forecast I made in mid-March. On the weekly chart, there's a sideways movement, with a bullish vector 5-6 targeting 0.69205. On the daily chart, we also see a sideways movement, with a bullish vector 7-8 targeting 0.66345, 0.66676. I'm awaiting price interaction with the daily targets to update the forecast. For a more...
Range bound within a triangle and heading upward, expecting Monday to retrace back to key level then move up
Price will retest the previous low to create a double bottom for a buy opportunity
Hey traders here we share the next week forex forecast. see the full video and comment here your opinion. by the we my English fluency is not good sorry for that.