Hello Traders, here is the full analysis. The completed correction, recovery and formation of a pre-breakout set-up hint at the continuation of growth. GOOD LUCK! Great BUY 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...
Based off daily chart Confirmations 1. Previous daily closed above resistance. 2. Current daily tapped into daily support level then rejected 3.Liq grab at 0.66 area on 4hr charts Looking to fill previous daily wick
Exploring AUDUSD, I’ve identified a prime LONG opportunity. The pair has shown strong bullish signals, bouncing off a critical support level with increasing buying momentum. This upward trend is confirmed by bullish indicators, such as a rising RSI above 50 and a MACD histogram turning positive, suggesting a continuation of buying pressure. From an economic...
**Monthly Chart** March 2024 monthly candle closed as a reversal doji candle after breaking the high of the previous candle, then closed near the low of the March candle. This indicates that AUDUSD has a strong probability to start moving higher. **Weekly Chart** Last week's candle closed as an engulfing candle after taking the high of the previous week's...
I am going long on AudUsd as it has tested the resistance/support zone and has broken the trend line. Should it break the previous support zone, my setup will be deemed invalid.
In our last analysis, we had anticipated the AUD/USD would drop but after the ISM PMI result, the market turned the table and told us that the price has more corrections to do. in this case, we expect an ABCDE diagonal triangle pattern to be completed by price. Our technical view has been shown in the chart. If you like it then Support us by Like, Following,...
AUD USD has formed a Falling Wedge Reversal Pattern on the 1hr timeframe and the market has broken the Lower High market structure, we need to see a pullback - Retest before taking entry Buy - Long. ⏰
If the line breaks, the transaction will be confirmed
AUDUSD may be experiencing a reversal in price soon, since November 2023 we have started to experience a reversal of direction we have become more bullish, recently we had a big pump-up in price which may suggest a more aggressive approach from the buyers. On the fundamental side, we have seen a drop in unemployment which will correspond with a stronger currency.
The analysis for AUD/USD suggests that the currency pair is currently at a significant daily support and demand zone, ranging from 0.64840 to 0.65170. This zone is crucial as it represents an area where significant buying interest has historically emerged, indicating strong demand for the Australian dollar. Big players and investors have shown keen interest in...
I analysed it, There is buying opportunity for AUDUSD at market price and Price should go up Buy 0.65100-0.65300 Target 0.66500 - 0.67500 - 0.68000 SL 0.64800 This is my analysis for AUDUSD
Hello traders! ‼️ This is my perspective on AUDUSD. Technical analysis: Here we are in a bullish market structure from daily timeframe perspective, so I expect bullish continuation after price filled the imbalance and rejected from trendline + support zone. This move is supported by weak USD after news. Fundamental news: Tomorrow we will see results of...
AUDUSD, currently trading at the perfect area to take a swing buy entry, we already have two entries which are currently active. This can be a third entry, which is available to take right now with 100 pips stop loss and 700-800 pips as in take profit. Waiting for price to be extreme bullish in soon time. Trade safe!
In Australia, the Reserve Bank of Australia (RBA) is predicted to preserve hobby prices at its personal coverage assembly today, with nearby banks predicting no fee modifications till at the least overdue August. Carl Ang from MFS Investment Management commented that strong and guiding coverage prices are predicted amid excessive uncertainty, with a clearer...
. Don't forget about stop-loss. Write in the comments all your questions and instruments analysis of which you want to see. Friends, push the like button, write a comment, and share with your mates - that would be the best THANK YOU. P.S. I personally will open entry if the price will show it according to my strategy. Always make your analysis before a trade
After breaking 0.6550 level, Aussie retested this level and ready to strong again. ABCD pattern can firm and push Aussie higher. Trade safe. Good luck.
AUDUSD appears to be exhibiting a bullish bias on the 4-hour timeframe, potentially following a bullish flag pattern alongside Elliott Wave theory indicating a completed 12345 sequence. The recent upward movement is supported by a retracement of approximately 61% within the context of Elliott Wave's fourth wave completion, suggesting further upward momentum may...
AUD/USD (Australian Dollar - US Dollar) is one of the most frequently-traded currency pairs in the world. The AUD/USD rate, as shown in the real-time price chart, tells traders how many US Dollars are needed to buy a single Australian Dollar. Follow the AUD/USD live with the interactive chart and read the latest forecast and AUD/USD news to boost your technical...