AUDUSD after last week's economic events, accumulated and is close to a price distribution process, with notable volume maintained the trend of the asset remaining above the EMA 200 after the opening of the London session again came to test with notable volume resistance, but returned the trend, if the asset moves very slowly give priority to TP1. The asset...
YEH there is going to be a short it's basic supply and demand I am not gonna explain it. If you want to learn DM me :)
We can clearly see an continuation pattern in daily basis where we can observe that there will be a sharp movement in one direction and cooling off will be taken in opposite to the share movement ranging the liquidity form 0.5-0.614 fib zones. For example 1st wave there will be sharp 100 pip move and pull back of 35-50 pips 2nd wave Again we can see 70-80 pip...
FX:AUDUSD 1.0 Entry : 0.65753$ SL : 0.65683$ TP 1 : 0.65853$ TP 2 : 0.65976$ TP 3 : 0.66073$ TP 4 : 0.66150 $ after the sweep of buyside Liquidity priced reversed and demand is starting to show in the market. 🧨 If price falls the OTE + LTF demand what for area 0.65640$ strong enrty point ✅🤝
The Reserve Bank of Australia raised its 2024 inflation forecast on Tuesday and appeared more concerned around achieving its 2-3% target. Despite considering the case for a hike, policymakers decided to hold rates at 4.35% for fourth straight meeting. The Aussie reacted lower, as markets likely expected a more hawkish language from the RBA, given the upgraded...
Hello to all our subscribers. Please share your personal opinions in the comments. We kindly ask for your boost and subscription. While the Reserve Bank of Australia (RBA) maintained its interest rates during the Monetary Policy Meeting on the 7th, the Swedish Central Bank's rate cut boosted the price of the dollar index. Meanwhile, the Bank of England's interest...
Traders right now I watch very closely AUDUSD for potential reversal with new impulse. Now we are in correction and it's look like one more drop coming to 0.65365 This level is also 61.8% on Daily timeframe which is very strong support level. We also have 1H buy zone on that level so it's very, very possible to see drop - liquidity grab and nice bullish formation...
The Aussie (AUD/USD) is reacting off the pivot and could potential fall to the 1st support. Pivot: 0.65803 1st Support: 0.65279 1st Resistance: 0.66392 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 CFDs may not be suitable for all investors, so...
The greenback edged better on Wednesday, bucking current weak point as numerous Fed officers organized to speak. At 04:20 ET (08:20 GMT), the Dollar Index, which tracks the dollar towards a basket of six different currencies, traded 0.2% better at 105,500, off its lowest withinside the nearly a month remaining week. The greenback obtained a small increase...
2ND ENTRY SET UP. Price taking out buyside liquidity and formed a lower low & high. Price rejection from H4 OB and formed a MSS towards downside. Price then headed lower and break of structure towards downsize. This has confirmed that price is very bearish. Short trade placed at H1 bearish OB of the new swing still targeting H4 Swing low. with a R:R 1 :10....
Bearish AB=CD Harmonic Reversal Pattern observed in AUDUSD pair. The current bullish trend can be used to take long position whereas there is a Potential Reversal Zone (PRZ) near point D. PRZ can be used to take short position.
The Aussie (AUD/USD) has broken below a key pivot (Sell Entry) and the bearish momentum could force it lower. Sell entry is at market (0.6568). Stop loss is at 0.6600 which is a pullback resistance. Take profit is at 0.6538 which is a pullback support that aligns close to the 61.8% Fibonacci retracement level. High Risk Investment Warning Trading Forex/CFDs...
AUDUSD is at a major resistance zone. The US dollar index sees further rallies. Wait for a retracement below previous lower highs before placing your trades.
AUDUSD Short Trade in down swing of long-term consolidation 1. Price Rejected longterm resistance level multiple times 2. Nice bearish candles may continue in down swing 3. Broken bottom of double top on H4 timeframe 4. 2% Risk, 1:1 R:R 5. Target in Daily ATR 6. Target before strong support 7. Stop Loss above high of daily candle + Buffor 8. No important news...
Daily bearish trendline has broken and is now being retesting, so I am now looking at buys. There's been a bullish impulse with a bearish correction (pullback) happening now. If price follows suit there should be a bullish continuation happening soon pushing price bullish. This will have EMCers looking for entries Thursday or Friday to take price up to around...
The Daily (D) time frame has made an inverted hammer off the top of the Weekly (W) consolidation zone. On top of that price is wicking off the .786 FIB levels from a minor W FIB from 1/14/24. Looking for price to push back down to a minimum the mid point of the W consolidation zone that started 1/29/24.
*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.
The pair maintains a position marginally higher than both the 50-period moving average and the Woodie pivot point. This indicates a slight upward trend or stability in its current positioning within the market. Observing this alignment can offer insights into potential support levels and trends, guiding traders and analysts in their assessments of the pair's...