hello guys , today we are looking at AUDUSD , this pair provides a very good opportunity for a bullish setup on the daily tf the price made a double bottom and broke its neckline however on friday the daily candle closed as an inverted hammer. it is possible that the price might pullback towards the neckline to do a retest that also overlaps with the 4h...
The AUD/USD pair lacks any firm intraday direction on the first day of a new week and seesaws between tepid gains/minor losses through the first half of the European session. Spot prices currently trade around the 0.6520-0.6525 area, unchanged for the day and remain well within the striking distance of a nearly three-week low touched last Thursday.
AU is also on my watchlist this upcoming week, its bullish trend has been giving entries all month. we could also come down to the 1h snd but thats less likely. as always, follow your trading rules and position yourself wisely
Analyzing the weekly chart of AUDUSD, our outlook anticipates a price decline toward the lower boundary of the channel, which also coincides with the 88.6% Fibonacci retracement level. We expect the Australian dollar (AUD) to establish strong support at the 0.62750 level. Following this expected support, our projection foresees a robust upward movement toward the...
AUD/USD currency pair. Breaking a downtrend and retesting support could indicate a potential trend reversal. Keep an eye on key levels and additional confirmation signals to assess the likelihood of a pump. Always consider the broader market context and risk management in your trading strategy.
AUDUSD is anticipated to experience an upward trajectory in the near future. The price recently reached a crucial support level at approximately 0.6400, and subsequently, the market exhibited a notable surge in momentum. This positive price action suggests a potential bullish trend in the making. Traders and investors can reasonably expect the price to ascend...
Here is my analysis for AUDUSD on H1 using Order Block. The price could go bullish, you can put a pending order on the Order block or find an entry on LTF within OB Zone. Trade Safe!
When assessing the potential for taking a long position on the AUD/USD pair, there are several factors to consider based on the provided Stochastic Oscillator readings. The Stochastic Oscillator indicates that the pair is currently in an oversold condition (1H, 4H, 1D as of the time of this analysis) . Specifically, the %K line is at 12.95, and the %D line is at...
On Thursday, DXY was become stronger and put AUDUSD down, but If you look on the chart, we can see huge Bearish candle which is abnormal as compared to another candle. I believe AUDUSD may rise more. Every support is an opportunity to buy.
Price is approaching a key resistance zone at 0.6900. A break above upside confirmation, coupled with a retracement to resistance-turned-support at 0.6700, which coincides with the 61.8% fibonacci retracement, could provide bullish acceleration towards next key support-turned-resistance zone at 0.7000, which is in line with 227.2% fibonacci extension. Price is...
US has not increased its interest and they paused it and due to this US dollar facing weakness in its strength. Better to look buying setup on AUDUSD.
Price is hovering above a key support zone at 0.6650, which is in line with the 23.6% Fibonacci retracement, on H4 timeframe. A throwback to this zone could present an opportunity to ride the bounce to the resistance zone at 0.6780, which coincides with the 100% Fibonacci extension. Price is above ichimoku cloud and 20 EMA, supporting our bullish bias.
Price is testing a key resistance zone at 0.6550 on the H1 timeframe, which is in line with the 38.2% Fibonacci retracement. A break above this upside confirmation level could provide the bullish acceleration to the resistance zone at 0.6620, which coincides with the 78.6% Fibonacci retracement. Price is holding above 20 EMA, supporting our bullish bias.
AUD seems more bullish against the USD. As we all knows that the market condition of USA is not good and the politics instability decreasing the value of USD.
Prices are currently testing a key support zone at 0.6660 on the H1 timeframe. A throwback to this support zone, which is in line with the 23.6% Fibonacci retracement, could provide the opportunity to play the bounce to the resistance zone at 0.6720, which coincides with the 61.8% Fibonacci extension. Stochastic RSI is in the oversold region below 20, supporting...
We are Currently expecting AU to buy for about 93 pips, so basically we are Currently on a support an Resistance Trend, so are expecting price to move up to ur Resistance LvL 0.67875, so let’s wait on patiently for price to retrace to our buy entry zone
#AUDUSD - Currently the MARKET SENTIMENT for AUD is slightly UP SIDE according to the MARKET SENTIMENT. Even now, if RISK ON for AUDUSD happens in the near future, it can definitely go UP. Therefore, AUDUSD currently has an UPSIDE BIAS. Several RBA HAWKISH COMMENTS have been released. Also USD has become STRONG in short term with FED SENTIMENT. It will...
Price is testing a key resistance zone at 0.6720 on the M30 timeframe. A break above the resistance zone could provide the bullish acceleration to the next resistance zone at 0.6780. Price is holding above the 20 EMA and Ichimoku cloud, and MACD is showing bullish momentum while ADX is above 25, supporting our bullish bias.