I am long on AUDUSD from a week. I am still waiting for the pump i think it now time (finally). As i am showing you in this chart, setup is pretty clear. Accumulation, squeeze, and now that we have broke up H4 resistance, i expect a pump till 0.66 minimum (probably higher next weeks)
AUD USD has formed a Rising Wedge Continuation pattern on the 1hr timeframe, Waiting for a retest of the broken HL for a sell entry. Are you seeing this too ?
The AUDUSD has been on a bit of a slide since the end of 2023, but now it's shaping up to look like a solid pick for a short-term buy that could turn into a longer term move here's why. We're hitting a really important spot on the charts - the Monthly BUY zone that popped up last November after a big jump from the low in early October. Back in October, I...
We expect further downside on this pair, signalled by the formation head and shoulders pattern breakout. We can also see the breakout of a short-term trendline supports our directional basis.
Hello traders! ‼️ This is my perspective on AUDUSD. Technical analysis: Here we are in a bearish market structure from 4H timeframe perspective, so I am looking for short. I want price to continue the retracement to fill the imbalance higher and then to reject from bearish order block. Like, comment and subscribe to be in touch with my content!
The long i opened yesterday on AUDUSD is going well following my ideas. I see a strong reversal pattern, so i placed another long limit order at the green zone (placed exactly at 0.6513). Stoploss is the same as yesterday, just below this local bottom, and first target is the main resistance at 0.66. If we get there, i will close one position keeping the second...
The US Dollar Index rose to 104.18, its highest level since December 2023. The US jobs report released on Friday (February 2) far exceeded market expectations. This information reinforced Fed Chairman Jerome Powell's statement at the end of the agency's policy meeting last week that an interest rate cut in March 2024 was unlikely. Expert Chris Weston, head of...
Welcome back! Let me know your thoughts in the comments! ** AUDUSD Analysis - Listen to video! We recommend that you keep this pair on your watchlist and enter when the entry criteria of your strategy is met. Please support this idea with a LIKE and COMMENT if you find it useful and Click "Follow" on our profile if you'd like these trade ideas delivered...
Pair : AUDUSD ( Australian Dollar / U.S Dollar ) Description : Completed " 12345 " Impulsive Waves and " AB " Corrective Waves RSI - Divergence Bearish Channel as an Corrective Pattern in Short Time Frame Break of Structure and Completed the Retracement
For the past 3 years, AudUsd has been in a downtrend, with the pair dropping almost 2,000 pips from its peak in February 2021, which was around the 0.8 zone. In November 2023, the pair initiated a reversal from a support zone, and by December, it even broke above the descending trend line, reaching a horizontal resistance level at 0.69. However, this upward...
AUD/USD fell from the late-December high to mid-January low in a fairly straight line, so it is no surprise to see prices have consolidated. However, the consolidation cannot last forever so we're looking for its next directional. Given the Aussie has failed to rally despite 'good news' from China, perhaps a spell of bad news could send it lower. That, or a...
AUDUSD looks good to try a long here. 0.65 is a strong support that also fit with the level -0.618 of last leg down, and as you can see it has broke and retested major trend. I expect a bullish trend this week, targeting 0.66.
Looking for buys on retracement up to recently broken support level to establish resistance to continue downwards, if invalidated, will look for selling opportunities in imbalance area or supply zone. Divergence on 1hr timeframe to support temporary buys.
Immediately after better-than-expected inflation data, the Australian dollar fell again. In addition, weakening inflation has also provided the market with more information about the RBA's interest rates in the coming time when the Reserve Bank of Australia has had many difficulties in controlling inflation and has only stopped raising interest rates. interest...
AUD/USD started 2024 strong, above 0.68 after a nearly 4% rally in December. However, the exchange rate soon ran into trouble and reversed this rally. I maintain the Q1 and Q4 forecasts for AUD/USD of 0.68 and 0.72 respectively. While there is a further repricing of the Fed, which will weigh on the exchange rate, investors will also push back expectations for RBA...
AUD/USD Shows Strength Amidst Geopolitical Tensions and Technical Signals In a surprising display of resilience, the AUD/USD pair traded higher on Monday, rebounding from the 50% Fibonacci level following a significant pullback to the support level at 0.65250. This rebound was reinforced by the dynamic bullish trendline, which has proven to be a reliable...
Economic calendar with market-impacting events including the latest Fed and BoE monetary policy decisions, US NFP reports, German and Eurozone fourth-quarter growth, manufacturing PMIs and Chinese services, German and Euro zone inflation data. In addition to the economic calendar, a series of major US technology companies will announce their latest fourth quarter...
Hello Traders, here is the full analysis. Watch strong action at the current levels for SELL . GOOD LUCK! Great SELL opportunity AUDUSD I still did my best and this is the most likely count for me at the moment. Support the idea with like and follow my profile TO SEE MORE. Traders, if you liked this idea or if you have your own opinion about it, write in the...