AUD Weakness will be Over in Near Future. Bullish Momentum will resume near 0.65000-0.66000 Area. Wait for Price Action to Confirm Bulls Entry in Order Block Zone. Forex is only Suitable for those People Who Understand, and are Willing to Take on, the Financial and other Risks involved. Please Ensure You fully Understand the Risks and Carefully Consider your...
On the M30 timeframe, prices are ranging between two key levels, 0.6600 and 0.6580. A break above the resistance zone at 0.6600, which is in line with the 38.2% Fibonacci extension, could provide the bullish acceleration to the next resistance zone at 0.6650. Failure to break above 0.6600 could see price fall further to the next support zone at 0.6520....
On the H1 timeframe, prices are testing a key support zone at 1.3580, in line with the 88.6% Fibonacci retracement. A throwback to this zone could present the opportunity to ride the bounce to the resistance zone at 0.6780, which coincides with the 100% Fibonacci extension. Prices have broken above the 50 EMA, supporting our bullish bias. Failure to hold above the...
Prices have broken above a key resistance zone at 0.6980 on the H1 timeframe. A throwback to this level, which coincides with the 38.2% FIbonacci retracement, could provide the bullish acceleration to the next resistance zone at 0.7050, which is in line with the 61.8% FIbonacci retracement. Prices are lying above the Ichimoku Cloud as well, supporting our bullish bias.
The corrective idea from the previous video has flown out the window with a break of the highs. I see prices moving higher from this point. I believe Wave 3 is now playing out. Whether it can be conceived that the correction was so small for Wave 2 could indicate overall Wave 3 price action. From here we need to break a couple of levels and then we should see...
AUDUSD showed much bullish momentum in the past week. If US Dollar will remain bearish then obviously AUDUSD will rise more HIGH.
#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...
Currently we are dealing with a messy pair. In the beginning when i started to share my ideas , i was bullish on this pair which I had a loss , then i decided to short where it hit the entry level leaving me stalemate. Now completing a SHS pattern, i think it will go upside even-though is a risky trade . My targets are : Third : 0.6926 Second: 0.69 First: 0.68730
The market of AUDUSD is in Ascending channel and may rise in zig zag. Better to look buying opportunity on it.
#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...
Yesterday NFP news was come in the favor of USD, but market react against the news. This is making sense that USD has no power and by this AUDUSD seems more bullish.
On the H4 timeframe, an ascending AUDUSD came to tap the 0.67500 resistance zone several times where a falling wedge can be seen and a slope of higher lows began forming after 21 November. By around 1 December supply became exhausted and gave in to growing demand, where price finally broke through the 0.67500 resistance-turned-support zone. Price was also fuelled...
#AUDUSD - Currently the MARKET SENTIMENT for AUD is slightly UP SIDE according to the MARKET SENTIMENT. Due to RISK ON for AUDUSD, there is currently an UPSIDE BIAS for it. The main reason for that is that the US ELECTION was won by the REPUBLICANS and the US CPI DATA is NEGATIVE. Therefore, STOCKS and COMMODITIES MARKETS are going up a bit now. It is...
#AUDUSD - Currently the MARKET SENTIMENT for AUD is slightly UP SIDE according to the MARKET SENTIMENT. Due to RISK ON for AUDUSD, there is currently an UPSIDE BIAS for it. The main reason for that is because MARKET RISK is ON, STOCKS and COMMODITIES MARKETS are now slightly UP. It is heavily influenced by the Australian dollar. And today AUSTRALIA INFLATION...
Here is my view for AUDUSD on H4. The price could go up, you can put a pending order on the Order block or find an entry on LTF within OB Zone. Trade Safe!
Audusd - Daily - Bullish reversal is here.. expecting a strong rally upto 0.68 which is a major monthly supply zone
Expecting a daily reversal on audusd to give us a monthly pullback upto 0.67 soon.. Risk trade as its against the trade but price is heavily oversold and currently trading at a monthly key support level
#AUDUSD - According to the analysis we gave the previous day, the AUDUSD DOWN SIDE WAVE has been down about 75++ PIPS. We hope you get it anyway. It is still moving DOWN SIDE as we have given. - Currently the MARKET SENTIMENT for AUD is on the UP SIDE. Due to RISK ON for AUDUSD, there is currently an UPSIDE BIAS for it. The main reason for that is because...