AUD-USD forex pair right now is moving in a bearish direction. However, the pair has tested its support several times. In addition there is a clear bullish divergence. Therefore, this trading signal is designed to grab the LONG Trade oppurtunity on this forex pair. If the Entry Level mentioned in the trade breaks, there are clear chances that this forex pair will hit TPs.
IM Seeing good position for AUDUSD to have a buy position as scalp
Price for AUDUSD may be looking to turn after a week of selling. It has left a wick below, signalling rejection. An order block was drawn, in hope to ride out the sell - however it was broken through, leading to the confirmation of the above. Using the breaker block I’m using the highest recent point for my first take profit and the swing highs as my future take...
Daily - As seen with DXY, AU has pushed beyond S1 and so a pullback or chop is expected. I will look to get involved if we get outsized volume factor on any particular day. will be determined on case by case basis. till then, I will observe and mark up. Origin - Price opened in value and is currently above POC which is in line with daily bias. if price continue to...
Short term buys to play the PB to the EQ of the 4H swing structure, then wait for confirmation of bearish intent to go with the overall trend to the downside.
The Aussie (AUD/USD) is rising towards an overlap resistance and could potentially reverse off this level to drop lower. Sell entry is at 0.6486 which is an overlap resistance that sits above the 38.2% Fibonacci retracement level. Stop loss is at 0.6563 which is a level that sits above the 61.8% Fibonacci retracement and an overlap resistance. Take profit is at...
Based on Simple Technical Analysis ( Trendline + Support & Resistance ) Risk Disclaimer: Please be advised that I am not telling anyone how to spend or invest their money. Take all of my analysis as my own opinion, as entertainment, and at your own risk. I assume no responsibility or liability for any errors or omissions in the content of this page, and they are...
Waiting for a retest of 0.64478 or 0.64810 toshort AUDUSD back to Daily swing low at 0.63018 If you agree drop a like and if you have any questions leave a comment :)
As we take possession of the Q2 trading session, AUDUSD has just decided to roll up its bullish sleeves and change the bias BACK to the downside! but now buy
AUDUSD- PRE-OPEN IDEAS Nothing aligned just yet here. Patience on this pair.
Welcome to our latest analysis of the AUDUSD currency pair! In this video, we delve into the current state of the market, examining key trends and offering insights into what lies ahead for this dynamic forex pair. Join us as we dissect recent price movements, identifying crucial support and resistance levels that are influencing the AUDUSD's trajectory. From...
#AUDUSD Outlook ..........................................................................
AUDUSD W1 - 21/4/2024 Elliott Wave analysis. Regards,
We can see a rejection at the orange zone, I expect price to retrace back at 0.64559 , to go for another sell Major rejection at yellow zone Red Trend line breakout (Support becomes Resistance)
On the weekly timeframe AUDUSD has been bearish for some time now, on trade ideas I've got my weekly trendline(black) zones and my S/R zones. Remember the only reason I'm drawing support zones is for it to act as resistance which is break and restest only selling opportunities that's what we're looking for. On the daily timeframe I've got my trendline(red). And...