Hello Traders AUD/USD moving down in 5 Elliot wave impulse waves. After the first 5 wave impulse, AUD/USD made an ABC correction. Afterward, we faced a big drop in AUD/USD indicating that the price desires lower levels and has started another 5-wave impulse. So we believe every correction is a sell opportunity for this pair. Our technical view has been shown...
AUDUSD - 24h expiry The primary trend remains bearish. The rally has posted a correction count on the daily chart. As this corrective sequence continues we look to set shorts on a rally at better risk/reward levels. Risk/Reward would be poor to call a sell from current levels. Bespoke resistance is located at 0.6560. We look to Sell at 0.6560 (stop at...
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...
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...
On AUDUSD we can see an overall bearish structure. Internally price has been moving in a series of impulse/ correction. Price is going in it's correction phase now. We may see a pull-back to the area of value before committing to the downside. I will be taking an entry at the top of the validated flag pattern. Please share your view of this pair in the...
AUD/USD is extending losses toward 0.6500 in early Europe on Tuesday. The Aussie Dollar remains offered after the RBA held policy rate. Markets digest the less hawkish policy statement while Governor Bullock's words add to the Aussie's downside.
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...
The Australian Dollar trades around 0.6610 on Tuesday. The immediate support appears at the psychological level of 0.6600. A break below the psychological support could push the AUD/USD pair to navigate the region around the 38.2% Fibonacci retracement level of 0.6581, aligned with the nine-day Exponential Moving Average (EMA) at 0.6580. On the upside, the AUD/USD...
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...
AUD/USD kicks off the new week on a weaker note in reaction to mixed Chinese inflation figures. A softer risk tone also undermines the Aussie, though subdued USD demand lends some support. Traders might also prefer to wait on the sidelines ahead of the crucial US CPI report on Tuesday.
I'll take my chance if price falls to my sweet spot area to long below 0.6590 final target would be above 0.680 . first tp should be around 0.669 . and i will follow trough a partial exit plan the very crowded price zone from 0.6730 to 0.6770 would be easily covered by the way
Welcome back! Let me know your thoughts in the comments! ** AUDUSD Analysis - Listen to video! We recommend that you keep this pair on your watchlist and enter when the entry criteria of your strategy is met. Please support this idea with a LIKE and COMMENT if you find it useful and Click "Follow" on our profile if you'd like these trade ideas delivered...
This is a counter trend but here is why we are selling. Trend: W1: Down D1: Down H4: Up Moving Average: Within the Daily MA H4 pointing downwards Pattern: Deep Crab on m30 Strong resistance at 0.6600 to 0.6610 H1 has a double top and divergence.
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.
Most Asian currencies have been little modified on Tuesday as China`s monetary objectives for 2024 did not buoy markets, even as the greenback steadied in advance of in addition hobby fee alerts later withinside the week . Anticipation of greater alerts on US hobby prices additionally saved maximum nearby devices buying and selling in tight ranges, specially as...
I wan to use a 5min entry to catch the buys for the sells. While waiting, make sure to manage risk a trail SL when price has broken above 0.64975. I can see a potential entry here and go short only if price present and opportunity for me on the 5min. Mind you this zone can be used as liquidity to get early sellers in the market while it mitigates the upper zone...
Here is my analysis for AUDUSD for a potential short to 0.64906 for a 1:7 profit target with a 5 pips SL. Cheers.
AUD/USD delivers strong recovery from 0.6500 on subdued US Dollar AUD/USD recovers vertically from 0.6490 as the US Dollar turns subdued. The market participants hope that the Fed will announce a rate cut in June. Upbeat Caixin Manufacturing PMI improves the appeal of the Australian DollarT.he AUD/USD pair delivers a V-shape recovery from 0.6490 as investors hope...