Hello traders! Today, I'm excited to share insights on the AUDUSD pair using my favorite tool, the Adaptive Trend Finder (log) available on TradingView. This tool is exceptionally effective for identifying both short-term and long-term trend strengths, employing the powerful Pearson correlation method. In the chart, focus on the middle section highlighted in...
AUD/USD is moving sideways. Once a strong support is confirmed, then we will have a price retracement to 0.6644
The Australian dollar has stabilized on Thursday. In the North American session, AUD/USD is trading at 0.6524, up 0.19%. The Aussie plunged 1.75% a day earlier after US inflation accelerated and beat expectations. US inflation has hit a bump, as March CPI accelerated to 3.5% y/y, up from 3.2% and above the market estimate of 3.4%. This is the second straight...
Hello Traders! Looks like we have Bearish Momentum coming into the market for AU and other correlated pairs. DXY as well looks to be picking up Bullish Momentum. Pay attention to the swing points and overall trend.
My dear subscribers, AUDUSD looks like it will make a good move, and here are the details: The market is trading on 0.6523 pivot level. Bias - Bullish Technical Indicators: Both Super Trend & Pivot HL indicate a highly probable Bullish continuation. Target - 0.6573 About Used Indicators: The average true range ATR plays an important role in 'Supertrend'...
Market Structure Bullish on HTF Weekly Structure is Bearish W Formation on the Weekly Weekly Bullish Engulfing Weekly Rejection at AOI Daily EMA Retest Entry At Daily AOI Around Psychological Level 0.65500 Rejection at Daily AOI H4 EMA Retest H4 Support at Entry REMEMBER: Trading is a Game Of Probability : Manage Your Risk ...
Price has created a double bottom on 30 min timeframe, on the 5min timeframe price has been creating higher lows and lower highs. I believe we could see price rally to the upside for a 1:1 RR
H4 - Bearish trend pattern followed by a pullback. Bearish convergence. Until the strong resistance zone holds I expect the price to move lower further after pullbacks.
AUDUSD is currently testing the structure resistance level by completing the AB=CD pattern. Volatility decreased, approaching the resistance level. After reaching the dynamic resistance, the chart formed a bearish takeover. The market reached the strong resistance level on the D chart. We expect a sell-off from the resistance. ------------------- Share your...
watch price action on lower timeframe for buying opportunities
Hey Traders, in today's trading session we are monitoring AUDUSD for a selling opportunity around 0.66450 zone, AUDUSD is trading in a downtrend and currently is in a correction phase in which it is approaching the trend at 0.66450 support and resistance area. Trade safe, Joe.
AUDUSD is trading in a range zone price is rising from support area buying is a good idea at current level with a stop loss below second support area.
AUDUSD is trading in a range zone price is rising from support area buying is a good idea at current level with a stop loss below second support area.
Hello, everyone, and welcome, subscribers. Please share your personal opinions in the comments. Boosts and subscriptions are appreciated. With the U.S. March CPI coming in higher than expected, concerns are rising that the timing of the Fed's rate cut may be delayed, and the cut may be less than the previously anticipated 75 basis points. Additionally, the...
Australian consumer inflation expectations increased in April Australian consumer inflation expectations for April: 4.6% Previous: 4.3% The RBA will not want to see inflation expectations become out of control.
Don't forget about stop-loss. Write in the comments all your questions and instruments analysis of which you want to see. Friends, push the like button, write a comment, and share with your mates - that would be the best THANK YOU. P.S. I personally will open entry if the price will show it according to my strategy. Always make your analysis before a trade
Price is falling towards a support level which is a pullback support level and could bounce from this level to our take profit Entry: 0.64880 Why we like it: There is a pullback support level Stop loss: 0.64449 Why we like it: There is a pullback support level Take profit: 0.65513 Why we like it: There is an overlap resistance level which aligns with the 38.2%...
Return to Previous Level The last 3 times CPI came out stronger than expected which was the last 3 times it returned back to previous levels 3 times. All indicators are saying Buy Aussie is Currently open guess what they buy alot of Take Partials along the way Trail 2 ATR adjust to 1 ATR about halfway I use Trade Assistant on MT4 or 5 for managing my...