1.AUDUSD travelling inside the Major Resistance zone. 2.Once its broken, we may see a huge long. 3.If Dollar continuous the bearish move we can take a long in AUDUSD.
UBS, a Swiss bank, stated in a May thirteen report: "Historically, May has been a superb month for the greenback. Our seasonal indicator indicates that call for for USD normally will increase in overdue April and peaking in mid-May, with the Euro (EUR), Australian Dollar (AUD) and New Zealand Dollar (NZD) normally maximum affected." UBS added: "More mainly to...
AUSTRALIAN DOLLAR ( OANDA:AUDUSD ) ANALYSIS - Australian inflation eases less than anticipated in March and Q1 as a whole - AUDUSD continues to benefit from the return to risk assets AUSTRALIAN INFLATION EASES LESS THAN ANTICIPATED IN Q1 Monthly, quarterly and yearly inflation measures showed disappointing progress towards the Reserve Bank of Australia’s...
AUSTRALIAN DOLLAR Q2 FUNDAMENTAL OUTLOOK The Australian Dollar has been weak against the US Dollar in recent years, including 2024. However, there may be some positive news for Australian currency bulls, mainly due to weakness in the US Dollar rather than strong economic performance in Australia. Rising US interest rates and the safe-haven status of the Greenback...
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 PAST is enlarged, it means that the copy has taken place
Pair : AUDUSD ( Australian Dollar / Swiss Franc ) Description : Consolidation Phase Break of Structure Bullish Channel as an Corrective Pattern in Short Time Frame RSI - Divergence Completed " 12345 " Impulsive Waves and " ABC " Corrective Waves
Hello friends, did you notice risk free and capital management with today's news? I hope you have taken the risk. Full Target was but after Frey's risk hit me. Good luck
The Australian dollar has posted gains on Tuesday. AUD/USD is up 0.19%, trading at 0.6620 in the North American session at the time of writing. Australia’s wage growth for the first quarter is expected to remain unchanged. Wages rose 4.2% in the fourth quarter of 2023, the highest since 2009, with most categories showing increases. On a quarterly basis, wage...
Disclaimer: Please remember I am not a signal service. All trade ideas and analyses shared are only my views on the markets. When we open a position it means we may lose, so manage your risk, and accept only what you can bear. I am also trying to do that. Always follow your trading plan, trade management, and risk management. There is no place for luck in...
Intraday Update: Bullish pennant developing intraday on the AUDUSD ahead of the PPI data today. Pullbacks have been limited to the 50% retracement at .6560 thus far and a break of .6650 would be a bullish breakout.
In the current AUDUSD setup, Elliott Wave analysis suggests that the pair might be nearing the end of an impulse sequence with Wave (3) recently completed, and entering Wave (4), a typically corrective phase. The currency is showing signs of topping out, indicating potential retracement levels that could be ideal for a short position. Currently, Wave (4) has...
Buying AUDUSD at 0.6603. Price hit into some demand and looking to take it to the next supply area. Looking for a small increase in price as there is higher tome frame supply above.
Price grabbed liquidity and create ChoCh then build another liquidity Great area to sell, still waiting for LTF confirmation
Hello,Friends! We are now examining the AUD/USD pair and we can see that the pair is going up locally while also being in a uptrend on the 1W TF. But there is also a powerful signal from the BB upper band being nearby, indicating that the pair is overbought so we can go short from the resistance line above and a target at 0.649 level. ✅LIKE AND COMMENT MY IDEAS✅
On the daily price chart of the AUDUSD pair, the current price trend has no clear direction. The current price fluctuation is between 0.6400, as the trough, and up to the limit of 0.6650, as the peak. The downward path of currency pair prices, which has started since the beginning of 2021, has been maintained to date and has shown no signs of recovery. The...
3rd Time Lucky Increase Lot Size 3 Lots Anticipating the upcoming Purchasing Price Index data to be Higher. Anticipating CPi to be Higher for April as per Consensus Has been trending up since June last year basically not down so Mr Fed don't have a handle on it although down a tick YoY. How does that work we ask ?
The AUD/USD currency pair is currently in a favorable buying zone, with the exchange rate sitting at 0.65957. This indicates that it may be a strategic moment for traders to consider purchasing Australian dollars against the US dollar. By setting take-profit levels at 0.66282, 0.66387, and 0.66500, traders can establish clear targets for potential gains. These...