After an extended move down, we see price starting to correct. From a SnD point of view price is testing the 4hrs and the 15mins weak swing point which i think will break taking price to the demand level at 0.66022. Notice also that we have a 1 month support level at 0.65958. (that should at least give us confidence of price reversing from the price point. ...
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.
Risk 0.5% TP1 = 1:2 RR RISKY Trade as we are going aginst the trend. Is willing to see how it turns out. Disclaimer: The contents in this Idea are intended for information purpose only and do not constitute investment recommendation or advice. Nor are they used to promote any specific products or services. They serve as an integral part of a case study to...
Hello Traders, Trust you are doing great. Allow me to show you my decked chart of AUDUSD. From a technical standpoint, if the resistance is broken to the upside, we can expect the price to rise initially to 0.68034, indicating a gradual buildup of buying momentum. Should this momentum continue, the price may rally to 0.68374 and then to 0.68944. Looking at...
AUD/USD pulled back for a second day on Monday thanks to weak data from China and rising geopolitical tensions as Russia have backed to of a key gain deal. Support was found around the weekly pivot point, RBA ‘pause’ high and 38.2% Fibonacci retracement level, and the subsequent rally suggests a swing low is in place. The RBA minutes are due in ~2 hours, and...
Seems like price need to fill that void to make a retracement before going and continiung to the downside
Dear traders ,following our last setup on AUDUSD we now have a second entry which we can maximise for another 200 pips or more.
AUDUSD, in the long run, is going to be one hell of a ride Why? You may ask, while things look pretty straightforward at the moment, price doesn't always go as planned. Especially when trading on the lower time frame. However, for those who utilize the H1, H4, and even daily timeframe, this should be a good wave to ride. First post here, will be offering more...
The Australian dollar has surged, driven by an impressive employment report that far exceeded expectations. In the month of June, Australia's net employment rose by a staggering 32,600 compared to the previous month, surpassing estimates by more than double. This development propelled the Aussie currency up by over 0.9%, reaching an intra-day high of $0.6834....
Hello traders, this is a complete multiple timeframe analysis of this pair. We see could find significant trading opportunities as per analysis upon price action confirmation we may take this trade. Smash the like button if you find value in this analysis and drop a comment if you have any questions or let me know which pair to cover in my next analysis.
The AUDNZD reached a significant support level that corresponds to the Fibonacci 0.618 level. The price reacted to this level, so I anticipate it will resume its upward movement towards higher levels. If you find it useful, like, follow, share! Good trading!
Hi, according to my analysis of the AUDUSD pair. There is a possibility of an uptrend with a retest of the price. Double button model. There is strong support in this area 0.65000. And this is just a corrective wave. to return to height. Good luck everyone .Note: If you like this analysis, please give your opinion on it. in the comments. I will be happy to...
⚠️ Confirmation Trade Reaction from BUY area ..!!! 🟢 Try to BUY🔼 all the Dips !!! ✅ Confirmation 0.6797 zone ✅ Expecting Mid Term Bullish Wave 🔔 NEXT TARGET 0.6900
Last week we gave an idea on selling AUDUSD at 0.6887. This worked out really well and we made about 2%. The pair is still with the uptrend and we see a pattern to buy this now. Entry: 0.6810 SL: 35 pips Target: 70 pips. Here is why we are going for this: 1) W1, D1, H4 is all uptrend. 2) There is divergence on M15 3) The pattern looks good FX:AUDUSD
this pair is very bullish and am waiting for the pullback to the 38.2 % fib level after the 4h close in order to look for buys
Several weeks ago I expect it will going down retrace to price 64¢ but it didn't, it was pumping from 65¢ and broke the strong resistance swing high at 68¢, after that correction to strong support at 66¢ before it pumping hard again to test that 69¢, but unfortunately not yet touched. Usually when the price doesn't touched particular strong round number (almost...
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...
The AUD/USD underwent a strong uptrend followed by a corrective move, retesting previously conquered levels. It has now broken the trendline of the correction, indicating a potential continuation of the upward trend. Daily chart: If you find it useful, like, follow, share! Good trading!