Looking to short AUDUSD with retest. Price Action is key with the USD Looking fairly strong. Please share thoughts and ideas in comment.
The Aussie (AUD/USD) could fall towards an overlap support at 0.65301 which has been identified as a pivot point. Could price find support around this region before potentially bouncing higher? Pivot: 0.65301 Support: 0.64803 Resistance: 0.65887 Risk Warning: Trading Forex and CFDs carries a high level of risk to your capital and you should only trade with...
Atlas - Possible Intraday Setup for March 15th 2024 . Three Possible Day Trades ... . Noble Mike Jamison
AUDUSD is near the major support level on the 4-hourly chart. Price action is decelerating while approaching the support level and 141.4% fibo extension level. There's a high chance that price bounces off the support if price creates a false break. We expect a bullish move following the completion of the AB=CD. ------------------- Share your opinion in the...
Considering the behavior of the price in the current support range, it is expected that a trend change will take place and we will witness the beginning of an upward trend. The alternative scenario is to see the continuation of the corrective trend up to the green support zone and then the start of the upward trend By crossing the green support zone, the upward...
AUD/USD could rise towards an overlap resistance and potentially reverse off this level to drop towards our take-profit target. Entry: 0.65827 Why we like it: There is an overlap resistance level Stop Loss: 0.66248 Why we like it: There is a pullback resistance level Take Profit: 0.65307 Why we like it: There is an overlap support that aligns close to the 78.6%...
Hey Traders, in today's trading session we are monitoring AUDUSD for a selling opportunity around 0.66000 zone, AUDUSD was trading in an uptrend and successfully managed to break it out. Currently is in a correction phase in which it is approaching the retrace area at 0.66000 support and resistance area. Trade safe, Joe.
Last week we took a trade in the AUD with positive results and closed the trade manually with profit. This week-end's analysis aims to look at the recent performance and chart patterns and give reason as to why a bullish trend may be a theme next week. Firstly, the reason we are bullish next week is not because we were bullish last week. Subtle cues may give us...
All drawn lines were made by measuring on Fibonacci. Buying and selling points are indicated on the lines. These are my personal opinions. It is not investment advice.
The price action perfectly fulfils my last idea. After the brief retracement from the resistance, it fell to the 0.50 Fibonacci zone. This signals a potential bullish movement because generally, the pair is in an uptrend. This is best suited for swing traders. Use Wise Risk Management..
AUDUSD buy that is just a prediction ,stop lose and target up to you .
Hello Everyone, The long-term outlook for AUDUSD continues to favor a bullish trend! TradeWithTheTrend3344
Even though I am already long AUDUSD (see previous setups if needed) I found this to add to the possible outcome of the trade. I will be watching closely as the neckline of 0.68xx area creeps closer. Important rule: Never trade a head and shoulders unless its confirmed, they can murder you on a false break. However due to already being long it is helpful to keep in mind.
AUD dollar is getting weak as the US dollar is getting stronger I also have price rejection at resistance and AUD/USD is still currently still in down trend so looking to short
AUD/USD, H4 14 March 2024 AUD/USD edged higher as markets anticipated a potential Federal Reserve interest rate cut in June, despite sticky inflation data. Contrastingly, the Reserve Bank of Australia (RBA) hints at potential rate hikes amidst elevated inflammation levels, signalling divergent monetary policies between the two central banks. AUD/USD is trading...
The price then topped out at around $0.6652 a couple of days later, and then went on to print lower resistance at $0.6633 with the price consolidating between there and $0.6591 The price action looks very flat, and it is hard to see the next major directional move. I do not have a directional bias. I see the best approach here today as scalping reversals from...