The Australian dollar is currently down to 0.6310, with the next key supports at 0.6300 and then 0.6285. For buyers, the key immediate resistance is the 14-day EMA at 0.6347, with resistance at 0.6400 and 0.6429, the 23.6% Fibo level of the decline from July peak to September low. This week, markets will continue to wait for a series of PMI reports from...
Analysis of AUD/USD in the downward channel trend, more focus on the price. Good luck
The Aussie has risen for a fifth day, but it is worth noting that minor rallies tend to peter out around the 5-6 day mark. Price action on the 1-hour chart also suggests the rally could be corrective, against its drop from 65c-63c. Given a bearish RSI divergence is forming on the 1-hour RSI (14) and the 50-day EMA resides around the weekly R1 pivot, we're...
Potential Bullish Opportunity AUD/USD is indicating a potential bullish turn. Watch for long opportunities as market conditions evolve. Keep it bullish and manage risk effectively. 📊🐨 #AUDUSD #Forex #TradingView #BullishTrend
As AUDUSD is in a downwards trend in higher time frame, look for the trend reversal in lower time frame as a confirmation and look for shorts. Happy Trading
As the price has shown a break of Low-price, and respected the Supply Zone. We can go for shorts from here to secure some profits. Happy Trading
Educational Analysis says AUDUSD may go Short according to my technical. This is not an entry signal. I have no concerns with your profit and loss from this analysis. Why Short? Broker Forex.com The AUDUSD Market is in a downward trend making AUD currency strong against the USDollar. So one trade is already on with RR is 1:11.7 I HAVE NO CONCERNS WITH YOUR...
AUDUSD Channel: RED WK Pivot: RED AOB: WP CON: SBB SELL Stop: 0.62947 Stop Loss: 0.63597 TP01: 0.62297 TP02: 0.60997 DWR present as a sell setup on 20 OCT, with Channel and Pivot are red bouncing off weekly pivot However, trade is not taken/considered SPX500: SELL DXY: SELL OIL: SELL GOLD: BUY
a potential C grade short setup idea is AU short. details in the image remarks.
Asia Pacific markets are expected to continue to decline at Friday's open, weighed down by Wall Street's decline in response to stronger-than-expected labor data and mixed comments from the Bureau. Federal Reserve. As of 9:50 a.m. AEST (11:50 p.m. GMT), the S&P/ASX 200 index was down 1.4%, while Nikkei 225 futures also showed a lower open with a loss of 70...
We have reversed from the resistance now we have to go and complete the support of the current down trend we call it R.C.R Formula what do you think ?
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 a short. I want price to continue the retracement to fill the imbalance higher and then to reject from bearish order block + institutional big figure 0.64000. Fundamental analysis: Tomorrow will be...
Hello traders, AUD USD analysis predicted this scenario, what do you think?
Hello, According to my analysis of the AUDUSD pair, there is a high probability of a decline. The price has breached the bullish flag. It also broke the strong support at 0.65950. Which indicates a strong entry of sellers to drop to 0.62000 levels. Good luck everyone
Most Asian currencies fell slightly on Tuesday as demand for the dollar remained steady ahead of several key US economic indicators this week, while sentiment also remained at jittery levels. Israel-Hamas war. Data on US retail sales and industrial production will be released later in the day, while a host of Federal Reserve members will speak this week, most...
Most Asian currencies fell slightly on Monday, while the dollar edged away from recent peaks as investors continued to worry about any potential spillovers from the Israel-War. Hamas. Demand for riskier Asian currencies remained weak, while the dollar saw mild profit-taking after reaching near a 10-month high last week. Concerns about higher interest rates in the...
💡The H1 AUDUSD chart structure is bearish as the price creates a new low. The rebound to retest the recent peak of AUDUSD could be an opportunity to sell, following the downtrend of H1 and the downward pressure of D1. If AUDUSD H1 breaks above, the AUDUSD H1 structure will turn bullish, then you can wait to buy again.
Waiting for a retest of 0.63930 to short AUDUSD back to weekly swing low at 0.61712 If you agree drop a like and if you have any questions leave a comment :)