Based on Simple Technical Analysis ( Trendline + Support & Resistance )
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Please be advised that I am not telling anyone how to spend or invest their money. Take all of my analysis as my own opinion, as entertainment, and at your own risk. I assume no responsibility or liability for any errors or omissions in the content of this page, and they are...
Good news to you Traders as this beautiful 😍 currency pair recently broke out of this well drawn Trend 📉 line to Upward⬆️ direction, with a confidence Entry of 0.6510.
Buying range is from 0.6510 - 0.6515.
Guide your trade well with a SL of 40 pips
Always Trade safe with your effective Risk Management.
I wish you Trade Success.
Seems to have created a higher low on the higher time frame while respecting the demand zone seems like we in for bullish continuation but the overall trend of price is down if we talking weekly and above
AUDUSD is gonna go in Favour of the buyers because you see price at the demand level and it has a BOS and it has filled up the imbalance and if you go to the 15minTF for entry we want for breakout and retest and for confluence we check out for CHOCH and then we go long📈📈
Using my new strategy, I've had about 70% success, which is decent. I use the Fib and different ranges as price points where I believe price to reject, and using HTFs, I base my predictions on the current trend for a continuation to the direction of choice, I look at the 50% or 75% area and wait for a rejection and for entry, I'd wait for mitigation of that zone :)
Minor weekly structure is Bullish
Daily is Bullish
But i need the low of daily liquidity to be taken out first, then i will wait for the 1H to form a bullish confluence.
At GBC we believe every man, every woman is a born trader.
The only one that can stop you is you.
In this trading strategy, we aim to capitalize on the potential downward movement of the AUD/USD currency pair on the 1-hour timeframe. The strategy incorporates a combination of technical indicators including the Exponential Moving Average (EMA) 200, Moving Average Convergence Divergence (MACD) for trend confirmation, and Supertrend for identifying potential...
FX:AUDUSD is forming a downtrend amid the growing dollar index. The currency pair is under pressure from sellers.
Support level 0.64039 is forming on D1, which continues to hold the market. But, the buyers' urge may be broken, as the price continues to squeeze to the support and is gaining potential for this. On the background of the rising USD and weakening...
AUDUSD - Intraday
The primary trend remains bearish.
The sequence for trading is lower lows and highs.
As this corrective sequence continues we look to set shorts on a rally at better risk/reward levels.
Rallies should be capped by yesterday's high.
Bespoke resistance is located at 0.6520.
We look to Sell at 0.6527 (stop at 0.6547)
Our profit targets will be...
AUD/USD, H4 29 March 2024
The Australian Dollar extended losses for a second consecutive session, driven by disappointing Consumer Inflation Expectations and Retail Sales figures from Australia. Additionally, the ongoing bullish trend for the US Dollar, particularly ahead of the pivotal PCE report, further weighed on the AUD/USD pair. However, subdued market...
It is expected that the price will fluctuate in the current support range and then we will see the start of an uptrend.
If the price crosses the support range, the downward trend is likely to continue
Hey Traders, in today's trading session we are monitoring AUDUSD for a selling opportunity around 0.65300 zone, AUDUSD is trading in a downtrend and currently is in a correction phase in which it is approaching the trend at 0.65300 support and resistance area.
Trade safe, Joe.
I am anticipating 1H internal and external liquidity moves will take price to the daily liquidity zone. Daily-Bullish, 4H-Bearish, 1H-Bearish. Daily inducement should produce a confluence of daily, 4H and 1H to the upside.
AUDUSD daily is bullish but the 4H and 1H is bearish. This can lead to a collection of liquidity from 1H which will lead to daily liquidity sweep. This should lead to bullish trend continuation.
The Australian Dollar managed to recover ground against its American rival after AUD/USD fell to 0.6484. The upbeat tone of Wall Street underpinned the Aussie despite broad US Dollar strength and tepid Australian data.
