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...
The Aussie (AUD/USD) could rise towards a multi-swing-high resistance and potentially reverse off this level to drop lower.
Sell entry is at 0.6630 which is a multi-swing-high resistance.
Stop loss is at 0.6682 which is a level that sits above a swing-high resistance.
Take profit is at 0.6566 which is an overlap support that aligns close to the 50.0% Fibonacci...
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.
#AUDUSD - H1
📣 Upon reviewing the 1-hour timeframe, with the breakout of the uptrend at 0.6586, we can be optimistic about a price decline towards the 0.6540 range.
⛔ Stop Loss: 0.6610
On the other hand, with a breakout above the 0.6610 range, we can be optimistic about price growth towards the 0.6670 range.
⛔ Stop Loss: 0.6586
The AUDUSD pair is currently forming a Bearish Butterfly Harmonic Pattern (XABCD), a classical harmonic formation that signals potential trend reversals. The critical Point D, known as the Potential Reversal Zone (PRZ), is where the pattern completes, indicating a high probability of a bearish reversal.
Confluence Factors:
Key Resistance Area: Point D aligns...
Short Term Elliott Wave in AUDUSD suggests the pullback to 0.636 ended wave (2). The pair has turned higher in wave (3) with internal subdivision in 5 waves in lesser degree. Up from wave (2), wave (i) ended at 0.6432 and pullback in wave (ii) ended at 0.6407. The pair then extended higher in wave (iii) towards 0.655 and dips in wave (iv) ended at 0.6516. Final...
AUDUSD is moving in an ascending channel between the trend lines.
After reaching the dynamic resistance three times, the chart went for a pullback.
We think that the price will continue to strive for the lower boundary of the channel.
-------------------
Share your opinion in the comments and support the idea with like. Thanks for your support!
Capitalizing on a prime long entry for AUD/USD at 0.65816,
chosen at the 38.2% Fibonacci retracement level.
This entry is strategically strengthened by its proximity to the 100-period EMA at 0.6575, establishing a robust confluence of technical support.
The prevailing market trend showcasing higher highs and an anticipated minor retracement underscores the...
13 Pips
Moving Down Fast
Should have posted earlier hard to monitor everything
Need a Dashboard
Short and Long term look opposite in Strength
Selling Volume High
Weekly : The price is situating between W-ERl & W-IRL, so in the weekly chart, if the price takes either one of the Weekly PAD then we could anticipate the move to-wards other side. But as the DXY is bullish so we could anticipate that, the price will take the W-BSL First then it will come down,
Weekly Bias: Bearish.
H4 : The price has taken the D-FVG then...
My dear friends,
Please, find my technical outlook for AUDUSD below:
The instrument tests an important psychological level 0.6615
Bias - Bearish
Technical Indicators: Supper Trend gives a precise Bearish signal, while Pivot Point HL predicts price changes and potential reversals in the market.
Target - 0.6573
About Used Indicators:
Super-trend indicator...
It is expected that after some upward swing, a trend change will be formed and the continuation of the corrective trend will be formed.
Then, in the specified support ranges, it is expected that the beginning of the upward trend will be formed
The Aussie (AUD/USD) is falling towards a pullback support and could potentially bounce off this level to climb higher.
Buy entry is at 0.6645 which is a pullback support that lies underneath the 23.6% Fibonacci retracement level.
Stop loss is at 0.6569 which is a level that lies underneath a pullback support and the 50.0% Fibonacci retracement level.
Take...
The AUD/USD and NZD/USD are trending higher due to risk-on flows boosting these currency pairs.
For AUD/USD, on the downside, immediate support could lie at 0.6594, just above the 100 Daily Moving Average. The RSI is almost levelling off at around 80.
Westpac recently highlighted a bullish stance on AUD/USD:
“...there is no clear path to significantly higher...
Trend: LSMA moving lower for 3+ weeks, pattern of Lower Highs and Lower Lows
Momentum: Moved to Neutral as price retraces the selloff
Japanese Candles: An imperfect Shooting Star is developing
Chart Pattern: Bearish Channel
Support and Resistance: 0.6675 is Support, 0.6400 is Resistance.
Fundamentals: Aussie Retail Sales on Wednesday
Trade: Open Short...
Hey traders here we share the next week forex forecast. see the full video and comment here your opinion. by the we my English fluency is not good sorry for that.
