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?
Previous Long AUD/USD strategy got broken even though RSI, SlowStoch are both in over bought level in daily time frame, so, think another way, it could be a strong dropping. There is one long term down trend channel and the price is moving back and inside the big down trend channel top area, it would still have big dropping room inside this down trend...
Of all, i am confident that the zone will hold. The initial H1 point of interest failed due to the new week open grab of liquidity. so, the way forward is to wait for 1 hour confirmation for entry. I will keep you all updated.
AUDUSD in Bullish Trend with Bullish Flag is indicating Bullish Trend Continuation. Also, there is no Bearish Divergence, so we can trade in the trend.
We have a great trade on this chart the charts could be slow due to news week and NFP. AUD/USD remains on the upside as rise from 0.6361 short term bottom is in progress. Fall from 0.6870 might have completed at 0.6361 already. Further rally would be seen to 0.6643 resistance next. On the downside, below 0.6516 minor support will turn intraday bias neutral first.
AUDUSD is in a Bullish Trend and showing a Blusih Flag so its Bullish Trend may Continue it can be traded with a small Stop Loss and will Hit TP1 and TP2
We look to buy at the 0.5 fib0 level 0.6505 - 0.6517 zone stop loss and take profits are on the screen. Daily, 4h time frame are all bullish keep updated with me because I will post some updates on the mind.
#AUDUSD Hey team hope you all are enjoying our ideas and analysis. Now we are here to discuss about AUDUSD. AUDUSD is making symmetrical triangle pattern. And getting here a good volume. Before breakout it can stay here in this Area for few more days. But scalping we can cash here in a good way. When market will open we will update further with Proper...
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BREAKING: The Australian Dollar. 🔥 The Australian Dollar is looking bullish. Possible breakout on the cards. We have set price targets. Let's wait and see how it plays out. Are you bullish or bearish on the Australian Dollar?
as shown in chart Expecting a retracement to critical levels for a nice bullish entry
after we leave the the correction zone and return to it, the last daily candle coloses with a til large than its size. this indecates selling
A glimpse of the AUDUSD in the first half of 2024 Stay with me to get more analysis after following me by sharing with friends and leaving a comment. According to my risk and capital management system, the risk of each trade is one percent per position. What do you think about this analysis and other analyses? What symbol would you like me to analyze for you?
Preferred direction: BUY Comment: Tuesday has started more positively for the majors, especially for the euro and pound , which we talked about yesterday (these trading ideas can be viewed). The Australian dollar, like the above currencies, is on the buy list. Here, we continue to keep previous long positions with a target at the level of 0.65010 . Within...
Here are some scenarios I'm looking at for next week.
As long as the price fluctuates above the green range, the continuation of the upward trend is likely, otherwise, the trend will change after crossing the support range