Yesterday's trade on AUDUSD was perfect. If you had taken it, the pair would have given you almost 85 pips which is about 2.5% return. Well done! AUDUSD is still in the uptrend. There is H4 MA support along with Daily uptrend. There is also a shark pattern to buy. We are going long now hoping for about 40-50 pips.
This pair has been retracing for a few days now. I believe that after Wednesday's close, price is very close to reversing. The presentation of an indecision candle on top of a major support and between the 23.6% and 38.2% fib, signifies that momentum is slowing down for bears. I would wait for more bearish activity during following hours, and potentially for...
This pair is very beautifully creating its higher highs. I was initially hesitant to go long as price was up trending however there were some bearish signals such as lack of strong bullish candles. This bullish push was made with weaker candles beneath this resistance. After a retracement, and a re-test of support, the trendline, or daily/weekly support.
The 4H retraced to the 23.6% fib and provided a hammer which is why I wasn't hesitant to sell, even beneath the trendline. Upon the 4H close and hammer. Price immediately progressed bullish to create a strong higher high, broken correction trendline, as well as ADX mixing in to provide confluence. Intraday the 1H timeframe is a clear opportunity to go long on this...
AUDUSD is currently at its lowest point since breaking out of consolidation on last week. This week it may look to re-test the bottom of the range or the neckline of a confirmed double top bearish reversal pattern. However, the case, this pair is overall bearish. The big move will come from a short. I've noticed that its currently trading around the weekly support...
AUD/USD Is Melting So Hard Hitting +160 Pips Profits
OANDA:AUDUSD AUD/USD refreshes the intraday high near 0.6666 as it bounces off key short-term support to record its first daily gain in three days early Monday. In doing so, the Aussie pair also justifies the recovery of the RSI line (14) from the oversold zone. It is worth noting that the bullish MACD signals also support a reversal from the two-week-old...
AUD/USD Is Melting Achieving +65 Pips Profits Congratulations
AUD/USD Is Melting Achieving +65 Pips Profits Congratulations
AUD/USD With Decent Waves Around The Trendline Gives Good Entry
This Is An Educational + Analytic Content That Will Teach Why And How To Enter A Trade Make Sure You Watch The Price Action Closely In Each Analysis As This Is A Very Important Part Of Our Method Disclaimer : This Analysis Can Change At Anytime Without Notice And It Is Only For The Purpose Of Assisting Traders To Make Independent Investments Decisions.
Looking at dxy h4 current chart, it is really indicating usd bullishness is reversing for. It means we can start to look for buying pairs like XXXUSD and selling pairs like USZZZ. Go to the chart of the pairs you wanna trade and start to look for confirmation to buy for XXXUSD pair and confirmation to sell for pair USDZZZ. I wish u all have good trade.
hello Traders, Aussie reached 100% fibo expansion , meaning we are still in a corrective zone. after the clear divergence on the RSI i am looking forward to long the pair with a stop near 0.6680 and a target of 0.7030. the tightening policy from the USA and the strong dollar is what put a pressure on the aussie lately.
Hey traders, in today's trading session we are monitoring AUDUSD for a short term buying opportunity around 0.687 zone, once we will receive any bullish confirmation the trade will be executed. Trade safe, Joe.
Hi Traders, Today I am looking at AUD/USD, I can spot a very simple setup on the 30 min timeframe with multiple confluences coming into play, Firstly price has rejected a previous level of resistance at 0.7070. The price has consolidated throughout the Asian session and gave a strong bullish engulfing candle on the London open indicating that we may now have...
Hey traders, in today's trading session we are monitoring AUDUSD for a buying opportunity around 0.737 zone, once we will receive any bullish confirmation the trade will be executed. Trade safe, Joe.
Hey traders, in today's trading session we are monitoring AUDUSD for a buying opportunity around 0.742 zone, once we will receive any bullish confirmation the trade will be executed. Trade safe, Joe.
Hey traders, in today's trading session we are monitoring AUDUSD for a long term buying opportunity around 0.75 zone, once we will receive any bullish confirmation the trade will be executed. Trade safe, Joe.