AUDUSD could fall towards the pullback support and potentially bounce from this level to our take profit Entry: 0.65357 Why we like it: There is a pullback support level Stop loss: 0.64830 Why we like it: There is a pullback support level Take profit: 0.65958 Why we like it: There is an overlap resistance level which aligns with the 78.6% Fibonacci...
📈🔍 AUDUSD Swing Long Alert 🔍📉 ⭐️ VIP Members Only ⭐️ 🎯 Entry: 0.6564 - 0.6568 🛑 Stop Loss: 0.65486 💰 Take Profit: 0.66087 Happy Trading! 🎉
Hello Traders! Price is showing signs of bullishness. AU recently broke a swing high formation.
Please be informed that we should wait for the price to rise to our level and then wait for a clear reversal on the daily timeframe. Currently, we are observing strong bearish signals on the DXY, and due to the overbought condition on the DXY, the price is likely to decline further and undergo a significant correction. It is crucial to monitor the DXY rebound,...
Audusd has hit our previous target of 0.6500 and made a higher high stopping at 0.65700. Audusd is still very bullish and has more potential to go even higher but for now a pullback is definitely expected short for now.
AUD/USD 15M - I am looking to take this market short after it has shown good signs of bearishness since trading into the Supply Zone I have marked out above, all we need is the confirmation to enter. This will come via a valid break of structure to the downside, as we know this tells us that we are no longer following bullish laws but now following bearish ones....
AUD USD has formed a Falling Wedge Reversal Pattern on the 1hr timeframe and the market has broken the Lower High market structure, we need to see a pullback - Retest before taking entry Buy - Long. ⏰
Hi there, The AUDUSD appears bearish at the H3 level, with the current candle showing signs of losing momentum against the pin of the third candle, with a low challenging the low of the third candle. Therefore, 0.64980 is the level of bearish interest. Once the price drops below this level (0.64980), the invalidation line will be active at 0.65623. Until that...
I have analyzed the AUDUSD market and noticed a significant increase due to recent news. The US dollar has weakened, causing the Australian dollar to rise in value, particularly in regards to gold. This is because the Australian dollar is closely linked to gold, and we can expect further growth. It's advisable to wait for a price correction to the support level...
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...