Daily Analysis - AUDUSD - Smart Money Concepts - Institutional Order Flow
We are in a decisional area on the Daily chart so we should remain neutral on the possibility until we have a clear intention on the HTF, for now I'll continue to look for trades in the 15m range.
D
s3.tradingview.com
4hr
s3.tradingview.com
AUD/USD Intraday: under pressure.
Pivot:
0.7130
Our preference:
Short positions below 0.7130 with targets at 0.7075 & 0.7060 in extension.
Alternative scenario:
Above 0.7130 look for further upside with 0.7140 & 0.7160 as targets.
Comment:
The RSI shows downside momentum.
AUD/USD Intraday: under pressure.
Pivot:
0.7130
Our preference:
Short positions below 0.7130 with targets at 0.7075 & 0.7060 in extension.
Alternative scenario:
Above 0.7130 look for further upside with 0.7140 & 0.7160 as targets.
Comment:
The RSI shows downside momentum.
The pair is moving and trading In an ascending channel, we can see that the current price pattern(Bull flag) is a additional confluence. Looking forward for price to print a signal (buy candlestick) at the lower dynamic trendline.
Share your thoughts in the comments and show your support for the idea by liking it. Thank you for your help.
This is just another update for Aussie and assuming this analysis is right we are getting ready for a move higher.
Don't forget to hit the Booooooooooost button :)
The Euro chart is producing the type of price action that also confirms these ideas.
In this video I touch on a few key points relating to the waves we are seeing,
Just confirming that all looks...
AUDUSD - Interesting look
It is very interesting range forming, we got pattern, we are at key resistance on higher time frame, within in a channel + TL but it's a waiting game on this and I think many take time it may break next week FOMC, I think that's when all FX majors will break out to either direction further. You can't predict what the FOMC are going to...
So as per my last post (read related post) you will see this pair has went exactly as expected the market was clearly targeting the resistance located around the 0.71 area also the top of a Monthly SUPPLY/SELL zone.
We have evidence that price was slowing inside this area by the way it was slowing grinding up and moving in a sideways distribution fashion on the...
If we can get AU to retrace I’m happy to short here with my SL high in the range. Should be smooth if we can get price to retrace and tap us in. Don’t risk what u aren’t willing to lose on any given setup, regardless of how nice it may be.
Audusd shows good growth from past week but price is currently ranging at strong resistence level.
Shorts will be confirm if this trendline breaks and retest.
If we short from current levels Sl will be around 30pips...
Manage your trade wisely
• If price pushes up to and ideally just above the second touch of our most recent piece of structure, then regardless of how it does so I'll be waiting for a convincing impulse back down followed by a tight flag and then I'll be looking to get short with either a reduced risk entry on the break of the flag or a risk entry within it.
• If my entry requirements...
As we look at what is an incredible level of event risk in the week ahead – we can take our vision out slightly further, where the RBA meeting on 7 Feb could be lively. In the lead-up AUD exposures will be impacted by risk and sentiment in markets, where the tone will predominantly be driven by the reaction to the FOMC meeting (2 Feb 06:00 AEDT), as well as...
![AUDUSD: [NEW TRADE ALERT] In We Go......](https://s3.tradingview.com/n/nD6vJGnN_mid.png "[NEW TRADE ALERT] In We Go......")
