13:05 GMT - The test below critical support at 0.7592/00 has given way to a short-term FX:AUDUSD bounce, whilst oversold intraday studies unwind, with prices back in consolidation above 0.7600. Daily stochastics are also flattening in oversold areas, highlighting a cautious tone, but the Tension Indicator remains bearish and weekly charts are negative,...
SWING SHORT opportunity on AUD/USD valid thru 2-5-2021
This is still holding up around the support level. Its still looking quite bearish to me so it could break lower to the next support which aligns with 0.5 Fibonacci. If this happens anywhere between 0.382 and 0.5 FIb could be a good buy area but we would still need to wait for confirmation in the form of a rejection. If the current support continues to hold then...
Trading suggestion: ". There is still a possibility of temporary retracement to suggested resistance line (0.76060). if so, traders can set orders based on Price Action and expect to reach short-term targets." Technical analysis: . AUDUSD is in a downtrend and the continuation of downtrend is expected. . The price is below the 21-Day WEMA which acts as a...
Trading suggestion: ". There is still a possibility of temporary retracement to suggested resistance line (0.76060). if so, traders can set orders based on Price Action and expect to reach short-term targets." Technical analysis: . AUDUSD is in a downtrend and the continuation of downtrend is expected. . The price is below the 21-Day WEMA which acts as a...
AUD USD may go short! High volume of sellers is a good sign of their wining! How ever I did enter the position with lower risk than my normal trades!
AUDUSD Short idea Weekly Trend: Bullish Daily Trend: Bullish 4Hour Trend: Bearish Trade scenario 1: AU is still overall bullish but on the 4hour we recently saw a bearish transition. Ideally we want to see strong bearish setups at current resistance. Look to target lower toward key support and negative fib levels. Trade scenario 2: For us to consider long...
Hello forex traders! Today i want to show you a little bit longer time trade. AUD/USD in past months was one of the strongest bulls, but recently it gave very strong signals for shorting side. I have analyzed several factors and i suggest you to do the same! Hope to help you Andrea.
Diving more ,doing some retest now. Do watch out for rate decision on Tuesday! If you like my analysis and it helped you ,do give me a thumbs ups on tradingview! 🙏 And if you would like to show further support for me, you can gift me some coins on tradingview! 😁 Thank you! Disclaimers: The analysis shared through this channel are purely for educational and...
Diving more ,doing some retest now. Do watch out for rate decision on Tuesday! If you like my analysis and it helped you ,do give me a thumbs ups on tradingview! 🙏 And if you would like to show further support for me, you can gift me some coins on tradingview! 😁 Thank you! Disclaimers: The analysis shared through this channel are purely for educational and...
Hi traders and welcome to my channel, if you enjoy my FREE Technical Analysis 📈 and Trading Tips 📉, support the idea hitting the LIKE 👍 button and don't forget to SUBSCRIBE ✔️ my channel, you won't miss anything ! 🟢 Forex Pair : AUD/USD ⚪ Technical Analysis : Here below my previous analysis 👇 Since the 21th of January the price hasn't been able to...
The price has broken and re-tested our support. We are opening SELL positions now and aiming for the south🙌🏻
Close to 0.77 again, still in context of uptrend (green trend line). If we are going to have risk off USD is going to rally and pull this pair down. However there is a RBA meeting next week. SL have to go above 0.777 recent high.
Trading suggestion: . There is still a possibility of temporary retracement to suggested resistance line (0.7668). if so, traders can set orders based on Price Action and expect to reach short-term targets. Technical analysis: . AUDUSD is in a range bound and the beginning of downtrend is expected. . The price is below the 21-Day WEMA which acts as a...
Trading suggestion: . There is still a possibility of temporary retracement to suggested resistance line (0.7668). if so, traders can set orders based on Price Action and expect to reach short-term targets. Technical analysis: . AUDUSD is in a range bound and the beginning of downtrend is expected. . The price is below the 21-Day WEMA which acts as a...