Hi fellow traders, AUDUSD is ready to make a move higher from the blue box after completing the correction. Target the 0.6751 level and move your stoploss to break even as soon as we reach the ‘Risk free zone’. Good luck and trade safe!
Audusd change it direction on the weekly time frame but from 1 day to 30 minutes is on a uptrend so we have to follow de bullish trend on the daily so price broke out from the respected zone we wait for price to push back then we enter after a reversal candle stick
Falling Wedge Summary A falling wedge is a bullish chart pattern indicating a potential reversal from a downtrend to an uptrend. Characteristics: Shape**: Two downward-sloping, converging trend lines. Volume**: Decreases during pattern formation. Breakout**: Confirmed when price breaks above the upper trend line, ideally with increased volume. Types: Reversal...
AUDUSD wait for retest then sell multiple tp perhaps the price drops even lower but this analysis tends not to take risks
Buying AUDUSD at demand, slightly late entry, should have entered last night. Looking for price to make it to the supply above.
Note: Note that the Head and Shoulder neckline have be broken and price formed 3 Bar coil above the neckline. 2HR: The same daily partten structure still on play, currently forming the right shoulder, expecting today to close bearish hence bullish candle to form as right shoulder... Possible buy tomorrow turtle soup, and add breakout of 2hr Head and shoulder
As AUDUSD passed above 0.6700 in price, we are seeing consolidation now that could result into making a buy for the pair. This may take time to see price returns above 0.6700 depending on USD Unemployment news hits today. It will allow confirmation that price has broken resistance. TP: 0.6720 or above
AUD/USD is falling towards a support level which is a pullback support that aligns with the 50% Fibonacci retracement and could bounce from this level to our take profit. Entry: 0.6644 Why we like it: There is a pullback support level which aligns with the 50% Fibonacci retracement. Stop loss: 0.6594 Why we like it: There is a pullback support level which lines...
we are currently in a place where price will decide how it will move for the next few weeks I'm only looking for a doble top sell off here offering strict 2:1
Similar approach to NZD, although i consider AUD to e weaker than NZD. Both currencies are still bullish with seasonality.
We are planning to enter a long position on AUD/USD at 0.66, which aligns with yesterday's lows and represents a strong support level. Technical Indicators: The medium-term bias remains bullish, but the hourly chart suggests further downside potential before the uptrend resumes. This provides an opportunity to enter at a more favorable risk/reward level. Key...
Trend is Making Higher High and Higher Low Trend is follow the ascending Channel Now Trend is at Fib level 0.5 and Taking Retracement from there . there is 50 ema Is supporting the Trend Best area to Buy from There . Stop loss set according to your Risk Reward Ratio or Follow the Mention Risk to Reward ratio
Using MA20/50 to evaluate direction Monthly is bearish Weekly is still bearish though catching up Big D1 candle down
Base on Higher TF, the market is bullish. There's a break of the weekly structure and the market is currently in a correction phase. We could probably see buyers showing interest at the current price range. Let's see how this will play out. Feel free to share your views.
Hello traders, FX:AUDUSD I have determined the formation target on the chart. I wish everyone success. Like and comment if you find value in our analysis. Feel free to post your ideas and questions at the comments section. Thank you for considering my analysis and perspective. Good luck
Preferred direction: SELL Comment: We did not see another short-term growth in the Australian dollar , as a result of which we had to abandon this idea, and today it is most likely better to consider this instrument more from the seller’s point of view. The most likely maneuver in favor of the seller will most likely develop from the level of 0.66460 , which...
Somewhere between 0.6400 and 0.6900, there is the possibility of a Symmetrical Triangle pattern forming. This consolidation will lead to a significant breakout, which could be in either direction with this pattern. The nature of this pattern negates the usefulness of trend and momentum as indicators. The best way to negate this pattern would be for AUDUSD to...