Hello,Traders!
AUD-USD retested the
Broken rising support line
And is now making a pullback
So I think that it will go
Even further down
Sell!
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AUDUSD continues to fall in the short term, and the short trend is obvious. At present, you can pay attention to the resistance near 0.6650. If the rebound encounters resistance, you can consider shorting. Below, you can pay attention to the resistance near 0.6525. If it falls below, it is expected to continue falling.
The price must go down until fulfill the gaps, maybe it does a pullback it depends on what the big sharks want to do, jeje, but it might go Down until the next area.
The Aussie (AUD/USD) is falling towards a pullback support and could potentially bounce off this level to climb higher.
Buy entry is at 0.66554 which is a pullback support that aligns with the 61.8% Fibonacci retracement level.
Stop loss is at 0.65890 which is a level that sits under a pullback support and the 78.6% Fibonacci retracement level.
Take profit is...
New Trade: AUDUSD Long Position
Entry: 0.6680
Take Profit: 0.6870, 0.6800, 0.7500
Stop Loss: 0.6645
Technical Rationale:
Entered a long position on AUDUSD based on sustained trading above the 200 EMA, indicating a robust bullish sentiment. Additionally, a retracement to the "golden zone" in Fibonacci levels supports the potential for an upward move.
Current...
Technical Analysis for AUD/USD on January 16, 2024:
Main Trend: UP
Details: It appears that the AUD/USD pair is receiving strong support from the current level (0.6660) due to:
1. Upward trendline.
2. Daily horizontal support level.
Technically, the pair is aiming for higher levels around (0.6760).
looking to BUY though its low probability trade, ill be monitoring the behavior and delivery into my area of interest
AGAIN ILL BE MONITORING BEHAVIOR BEFORE MAKING ANY DECISIONS
Plus this is an areas of interest once price get there that's when I start looking for Any of my entry models to take place on the lower timeframes while taking into the account the...
As the Accumulation and Manipulation are going thru, it seems obvious that the liquidity grab will provide a strong move upwards, although it is possible that a big resistance barrier on the 4H TF may definitely be a very strong barrier that sellers don't want to accept being broken.
A trade idea with a bigger risk is to get the trade after the retest (be careful...
We have a bearish structure. But also we have Asian and London sessions both are bearish.so I think the NY session will be bullish after grabbing the liquidity of London session and making a SCOB
Price action on the daily timeframe of the AUD/USD demonstrates that bears are at the wheel for now.
This follows last week's retest at the underside of breached channel support, extended from the low of $0.6339 and, as you can see, has led the currency pair to confront support at $0.6659 today. Accompanying this support level is a mild Fibonacci cluster, made...
This video analysis shows the probable moves of the current pair based on the support and resistance structure which complement the double trendlines around the price structures.
Hello,Friends!
AUD-USD downtrend evident from the last 1W red candle makes longs trades more risky, but the current set-up targeting 0.671 area still presents a good opportunity for us to buy the pair because the support line is nearby and the BB lower band is close which indicates the oversold state of the AUD/USD pair.
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this is my bearish trend idea. However wait for a fall back to a key level after trend continue to downtrend momentum, because overall structure breakout and continue to downtrend. You can see it high time frame momentum. Good luck
Price is finally breaking through the range by making clear H's & L's, i would be waiting for Intraday Sell opportunities after the clean exhaustion on 1h TF and the target would be around 0.66520
On the AUD/USD currency pair, it is nice to see that the market is in rotation.
Therefore, trade this pair short and long.
I think sellers and sellers from these areas will defend this position...
Happy trading
Dale
Hello trader’s what do you think about Audusd)?
Audusd 4H tame frame 🖼️ bullish momentum in market sentiment and Trendlinien. I think 💭 Audusd retest support levels fullback up ⬆️
Entry 0.66627
Target 0.67906
Target 0.68819
safe trade 🙏🙏🩵❤️ pales like 👍🏻 and comments)
As you can see the market has been on a down trend and have created high lh ll lh (lower high and lower lows) and it failed to create a previous lower low , and if you see the market is on the support zone we also have a break and retest of structure so we are expecting the market to give us a reversal candle stick then we enter for a buy 😉
