Hello Traders In This Chart AUDUSD HOURLY Forex Forecast By FOREX PLANET today AUDUSD analysis 👆 🟢This Chart includes_ (AUDUSD market update) 🟢What is The Next Opportunity onAUDCAD Market 🟢how to Enter to the Valid Entry With Assurance Profit This CHART is For Trader's that Want to Improve Their Technical Analysis Skills and Their Trading By Understanding How To...
This is just simple trading idea draw into chart using labels and lines. Please use it as educational purpose and you are free to modify any
I based this idea on both fundamental and technical analysis following a 4HR trading period. Analysis is explain below. Technicals used: 1. Price action 2. MACD 3. RSI 4. Trendline 5. Candlestick Pattern 6. Comparison to the DXY Fundamentals referred: 1. 28/3 AUS: Retail sales MoM prel 2. 28/3 USD: GDP Growth Rate QOQ Final 3. 28/3 USD: Initial Jobless...
AUDUSD is in bullish trend by showing higher high and higher lows.
Market Overview: At the 4-hour time frame, AUDUSD exhibits a robust Bearish Trendline Channel, suggesting a prevailing downward momentum. Currently, the currency pair finds itself positioned at a crucial residential level, adding weight to the potential bearish outlook. Entry and Stop Loss: Based on the analysis, a strategic entry point is identified at...
The Aussie (AUD/USD) has made a bearish reaction off the pivot point and could potentially drop lower towards the support level at 0.64803. Pivot: 0.65177 Support: 0.64803 Resistance: 0.65343 Risk Warning: Trading Forex and CFDs carries a high level of risk to your capital and you should only trade with money you can afford to lose. Trading Forex and CFDs...
Hello to all our subscribers. Please share your personal opinions in the comments. We kindly ask for your support through likes and subscriptions. With the outlook strengthening for steady growth in the US economy and concerns rising over the moderation of inflation due to the increase in international oil prices, there is growing worry that the timing of the...
How to Trade the Cypher Harmonic Pattern If you’re an avid trader, you’re probably familiar with harmonic patterns. One of the rarer and more advanced patterns is the Cypher, which can be an effective tool for identifying potential trend reversals and entry points. However, successfully trading the Cypher pattern requires a thorough understanding of its...
AUD/USD Basket - the basket has been moving higher in a mixed and volatile fashion. This is common in corrective formations. Resistance is located at 11.65. A Bat formation will not be completed until 10.00. I look for limited upside pressure. DXY (USD Index) - bespoke support is located at 103.86. We have a 78.6% pullback level located at 103.87. I look for dips...
As a result, they expect that the Fed will start cutting rates in the second half of the year. Mester wants to see more data while Mary Daly estimated that the bank would deliver three cuts as it hinted in the last meeting. Michele Bowman and James Williams spoke on Tuesday but did not provide any details about rate cuts. Jerome Powell, the Fed Chair
It is expected that the price will cross the resistance trend line and after stabilizing above the resistance range, the upward trend will continue. If the price crosses the green support zone, the downward trend is likely to continue
Take a look at our analysis for AUDUSD. Time Frame: 3h Current Trend: Bearish Sentiment: Overbought (based on 7-period RSI) Forecast: Bearish The market is trading around a solid horizontal structure 0.651. The above observations make me that the market will inevitably achieve 0.648 level. P.S Overbought describes a period of time where there has been a...
Hey Traders, in today's trading session we are monitoring AUDUSD for a selling opportunity around 0.65300 zone, AUDUSD is trading in a downtrend and currently is in a correction phase in which it is approaching the trend at 0.65300 support and resistance area. We would also like to consider the current bearish bias on stocks that AUDUSD is having a positive...
✅AUD_USD already went up To retest the broken rising support Line which is now a resistance So we are bearish biased and We will be expecting a Further move down SHORT🔥 ✅Like and subscribe to never miss a new idea!✅
Bears are back time to push lower by 60 pips or so a lot of confluences
This is just simple trading idea draw into chart using labels and lines. Please use it as educational purpose and you are free to modify any
AUD dollar has approach a major resistance Price already created a engulfing candlestick to the upside however I am expecting a 75% Fib retracement as the DXY will make another attempt to go up but the DXY is due for a correction so with that being said I am looking for the Bulls to push Price back up so I am going Long