Price is rising towards a resistance level which is a pullback resistance that aligns with the 78.6% Fibonacci retracement and could reverse from this level to our take profit. Entry: 0.65493 Why we like it: There is a pullback resistance level which aligns with the 78.6% Fibonacci retracement. Stop loss: 0.65866 Why we like it: There is a pullback resistance...
AU might be weak at the moment, but it won't go down without taking some order up there. This is just an idea. It does not indicate Buying or Selling at particular prices.
Possible bearish continuation from the support/resistance flip. alternatively, we might continue up to take out FVG before full reversal to at least previous low.
Australian dollar We note that the Australian dollar is in the stage of building the fifth wave Entering a buy deal We enter at 0.649 levels and target 0.66 levels The main deal Entering a sell deal at 0.66 levels and the targets are not specified
If the price is making higher highs and higher lows and is above the uptrend line, the market is considered an uptrend.
AUDUSD Day - Market Structure Shift To Downtrend Price will move to 0.64416 for Re-balance SELL @0.65188 STOP LOSS @0.65527 TAKE PROFIT @0.64416
Fed rules out rate hike. Will the RBA now do the same? The US Federal Reserve maintained its policy rate within the 5.25%-5.50% range as anticipated. Notably, Fed Chair Powell, in the press conference, expressed that while the central bank remains vigilant about inflation risks, a hike is "unlikely" for the next move. Will the Reserve Bank of Australia (RBA)...
The Australian dollar is in a downward trend in the 4-hour timeframe and we expect a downward trend
Hello guys Lets sell AUDUSD down to 0.64 and buy it back it back after the fall
The Australian dollar has steadied on Wednesday after sliding 1.4% a day earlier. AUD/USD is up 0.19%, trading at 0.6489 at the time of writing in the North American session. Australian dollar slides after soft retail sales Retail sales in Australia fell 0.4% m/m in March, following a downwardly revised 0.2% gain in February and shy of the market estimate of...
Hello Billionaires! It looks like a good time to buy AUDUSD from the order block. Just remember to keep an eye on the market in case things change. Also, make sure to protect yourself by setting stop-loss orders below the support zone to avoid big losses if the market suddenly goes down.
AUDUSD is under bearish pressure, as long as the price trades under the pivot line which is 0.6549 means downward toward 0.66415 and 0.6358 otherwise should be stable above the pivot line to be upward till 0.6616 and 0.6682 the retest is available till 0.6508 or 0.6549 pivot price: 0.6549 Resistance Price: 0.6616 & 0.6648 & 0.6682 Support Price: 0.6416 & 0.6358...
AUDUSD is making a descending channel price was in range bound know its declining showing bearish descending pattern.
price went down to a major support and rejected it showing signs of a reversal and the DXY is looking to pull back for correction so I am Long on this pair
Should you buy the dip? In general, I would say this is not a good level. See the video for why, and where it might be worth doing it.
*The content on this analysis is subject to change at any time without notice, and is provided for the sole purpose of assisting traders to make independent investment decisions.
In the bigger picture, price actions from 0.6169 (2022 low) are seen as a medium term corrective pattern to the down trend from 0.8006 (2021 high). Fall from 0.7156 (2023 high) is seen as the second leg, which is still in progress. Overall, sideway trading could continue in range of 0.6179 /7155 for some more time. But as long as 0.7156 holds, an eventual downside...
The AUD/USD exhibited sustained growth throughout the previous week, aligning with our earlier forecast. It reached the 0.6580 level, where we identified a convergence of technical, seasonal, and economic indicators. Technically, both the H4 and H8 timeframes show divergence on the stochastic indicator within the 78.6% to 61.8% Fibonacci range within a bearish...