Currently, AUD/USD is moving upward. It started to rise from the 19th of March 2020 and still moving upside. Right now, It's moving a little downside, and then it will again start to rise. The trend will rise to the following targets 0.7621 - 0.7635 - 0.7641 - 0.7700 - 0.7800 . But what if it breaks the support and fall? If it starts to fall by breaking the...
As i can see this pair has reached weekly @strong resistances level now expected a retrace from this zone so we are entering on sell this pair for a small risk and higher rewards friend push likes and support us we love ur comments follow us for more updates to stay updated
It is the AUD/USD 2hr chart. At present, it's rising by taking the support of the minor support trendline. The trend moves the same as the previous then, it will touch the following targets 0.7390 - 0.7422 . But if we analyze the trend, it's trying to break the minor support. RSI also shows the downtrend. So, if it falls, the trend will reach the following...
Click the link in the "Yellow circle" to see the previous forecasts As long as if it rejects the upper "white line," I reckon AUD will fall to the target, which could be below depends on the fundamental. Keep in mind; there are a few minor support in between. This analysis fails if the candle breakout and close above the upper "white line." Catalyst: - AUD...
It has really been a while since I visited this pair but the current structure appears to be promising as I see a defiant level packed with selling pressure @ $0.73400. The AUD/USD pair has continued in a predictive pattern with a second consecutive week in a tight 100 pips’ range since hitting its highest level in recent times @ $0.73400. Despite rallying during...
AUD/USD is indicating a fall right now. The trend crosses the support trendline, and it will touch the following targets 0.7306 - 0.7296 . Overall it's an uptrend. After a fall of short period, there will be a continuation of the uptrend.
I am expecting more move to the downside, target is as shown on the chart
as we see this pair had reached @ strong support area and unable to break this support its a great opportunity to buy this pair with low risk and higher rewards follow us for more updates
With over 250pips in our direction(see link below) before the correction, it appears we are in another opportunity to take a ride on the rally again. It is worthy to note the evidence of momentum building up at the Demand zone ($0.72500) as the AUD/USD pair recovered the ground lost at the beginning of the week on Friday, to settle and close above the Demand...
Today Trading Idea for AUDUSD, with risk and reward 1:2
With over 200pips move in our direction since my last publication on this pair (see link below for reference purposes); It is interesting to know that the Aussie began the week with an edge over the USD before it headed lower before RBA Governor Lowe mentioned the need for more fiscal stimulus. Engulfing candles springing from my Demand zone after the speech is an...
Pattern: Multi year bearish channel with Lower Highs and Lower Lows since 2010. The sequence is similar to the 1989 - 2001 period. Signal: Bearish on the next contact with the 0.382 Fibonacci level. Target: 0.5000 (just above the 0.47500 Support and the -0.236 Fibonacci)
Pattern: Channel Up on 1D. Signal: Bearish if the Higher Low trend line breaks (flag mark) as the price has been already rejected on the wider 1M Channel Down (bold channel). Target: 0.6700 (just below the 1D Support). If the 1D Support breaks we may see an extension on the 1M Channel Down towards a new Lower Low near 0.64000.
Sell AUDUSD Entry 1 0.69290 Entry 2 0.69480 Sl 0.69630 Tp.1 .69000 Tp.2 .68780 Tp.3 .68420
Pattern: 1M Channel Down. Signal: Bearish as the price made a Lower High within the pattern. Target: 0.67000 (just above the 1D Support).
Yes correct.... AUDUSD is good for buy. Bottom bollinger band is touching the candles means over bought situation and price already move up and price is retraced from fibo level 1. in the meantime if you see the RSI where ever price revised from 33.76 level price gone bullish. Note: Trade at your own risk. Like and comment us. Share your ideas too.
Pattern: Channel Down on 1W. Signal: Bearish once the price makes contact with the 1D MA200. Target: 0.68500 (the previous Low).