According to the behavior of the price in the current resistance range, possible scenarios have been identified. It is expected that the continuation of the upward trend will take place and advance to the specified resistance levels
UBS said in a note on May 13: "Historically, May has been a good month for the dollar. Our seasonal indicators show that demand for the dollar typically increases in the belated month of April and peaks in mid-May
Mainly for the foreign exchange market overseas, it is also a signal that the market can also hold the dollar for a long time to obtain extremely high...
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...
The Aussie (AUD/USD) is rising towards a multi-swing-high resistance and could potentially reverse off this level to drop lower.
Sell entry is at 0.6638 which is a multi-swing-high resistance.
Stop loss is at 0.6678 which is a level that sits a swing-high resistance.
Take profit is at 0.6562 which is a pullback support that aligns close to the 50.0% Fibonacci...
The Aussie (AUD/USD) is reacting off the pivot which has been identified as a pullback resistance and could potentially fall to the 1st support.
Pivot: 0.6622
1st Support: 0.6586
1st Resistance: 0.6643
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...
Also the bulls are in control the daily timeframe shows a turn around is possible
on the 2h time frame sell entry is at 0.659 which is 0.382 Fibonacci level I expect a fall back in that zone take profit is 0.655 which is a previous low of a wick, stop loss is right above resistance level. Stay updated
Deal Colleagues,
FX:AUDUSD price have rejected at the rejected counter of times in 3 days timeframe. It shows sellers will be positioning in coming days. While we also expecting USD to become extremely bullish in coming days. While AUD expected to remain bearish. Remember to use proper risk management.
Hello!
It's been a while, but I'm excited to start a new journey with you all. I have some advice to share - keep an eye out for a triangle pattern. If it is confirmed, it may be a good time to sell. I hope this helps, and enjoy! You can thank me later.
The AUDUSD pair followed our previous signal with great precision (March 19, see chart below), hitting the 0.63750 Target:
Following that, the price rebounded and has so far been rejected yet again on the 0.5 Fibonacci retracement level. That is the strongest medium-term Resistance and a symmetrical sell level where the similar sequence of June - July 2023...
As shared earlier this week. 🌟Price respected 1hr supply and...
1. Broke 2 lows (change of character)
2. Left fvg + supply
We can look forward to anticipate sell position targetting weekly low before cpi relase next week.🤝Good luck
Take 4
Increase Lot size to 4
Technically lost the 3rd trade AUD keeps pushing up
But I believe they are just taking out Liquidity to head lower.
USD still Fundamentally Stronger than Ozzie
20 v's -11
Expecting Higher CPi numbers coming in for April has been trending up MOM since June last year so not under control yet.
Means Interest rates stay...
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.
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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
✅AUD_USD has retested a key resistance level of 0.6647
And as the pair is already making a bearish pullback
A move down to retest the demand level below at 0.6586 is likely
SHORT🔥
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We look to Sell at0.
Planning to enter a short position on AUD/USD at 0.668, where the price action is showing signs of resistance and the market conditions indicate overbought levels.
This strategic entry is aimed at capitalizing on the expected downward correction. The target for this trade is set at the 61.8% Fibonacci level at 0.6558, aligning with a key...
The AUD/USD pair has encountered resistance around the 0.66333 price level on the daily timeframe, indicating potential downward pressure. This rejection could signal a movement towards the support level at 0.64857. Traders may monitor this development closely for further price action confirmation.
Our Purpose is to give daily position, kindly follow below instruction in order to get positive result.
❇️ Use fix lot size for all your position ( we recommend to use 1% of your account for each postion ).
❇️ Do not enter position if its away from entry point.
❇️ Do not close position before target price unless instruction given.
❇️Three maximum trade per...
