In our comprehensive analysis, we delve into the AUDUSD currently trading into a bearish order block on both daily and four-hour timeframes. The accompanying video elucidates the prevailing trend, delineates the nuances of price movements, and dissects the overarching market architecture. Additionally, I offer a strategic trade proposition for...
The current AUD/USD exchange rate presents a lucrative buying opportunity at 0.65385. This level indicates a favorable entry point for investors looking to capitalize on potential upward movement in the Australian dollar against the US dollar. Setting multiple take-profit levels, such as at 0.65452, 0.65473, and 0.65810, provides a strategic approach to secure...
AUDUSD has approached the 0.702 fib retracement level on the daily time frame, a point of interest where we observe for an intraday shift in market structure. and that has happened also on the 4 hr time frame. it is highly probable to see the price sell off from the 4hr fvg down to the external sell side liquidity
Retails news dropped the pair by at least 40 pips today, but there is no confirmation the trend has changed not until pass break throw 0.6475 We buy at fibo level 0.6505 zone stop loss and take profit are on screen stop loss is a recent high few days ago take profit is a resistance level
#trading_idea 🥰 Hey everyone! 💵Let's consider some positions for now! #AUDUSD 🔼 Ascending Triangle Pattern. Target 0.65493.🎯 💬Where would you put Stop Loss?
AUSTRALIAN DOLLAR ( OANDA:AUDUSD ) ANALYSIS - Australian inflation eases less than anticipated in March and Q1 as a whole - AUDUSD continues to benefit from the return to risk assets AUSTRALIAN INFLATION EASES LESS THAN ANTICIPATED IN Q1 Monthly, quarterly and yearly inflation measures showed disappointing progress towards the Reserve Bank of Australia’s...
AUSTRALIAN DOLLAR Q2 FUNDAMENTAL OUTLOOK The Australian Dollar has been weak against the US Dollar in recent years, including 2024. However, there may be some positive news for Australian currency bulls, mainly due to weakness in the US Dollar rather than strong economic performance in Australia. Rising US interest rates and the safe-haven status of the Greenback...
AUDUSD is registering huge net buy volume on the weekly data suggesting a shifting trend to the upside long term. Higher lows on weekly histogram and pricing has been created cementing the current range as the new base for the series of price growth. It is now sitting at 61.8 FIB LEVELS -- an area where buyers converge. Expect more upside valuation for the pair...
Most Asian currencies weakened on Friday, while the dollar steadied in anticipation of key inflation data expected to influence the Federal Reserve's stance on cuts. interest rates. While the dollar's decline overnight - after weaker-than-expected US gross domestic product data - brought some relief to Asian currencies, this was largely offset offset by continued...
Technical Confluences for Trade: - Stochastics are in Overbought Conditions on D1 time-frame - Price action is at a Consolidation Zone - Aiming for the 50% Fibo retracement to TP Fundamental Confluences for Trade: - US yield differential against AUD will support USD - China's economy is still struggling to improve and dampening AUD's growth potential ...
Price is rising towards a resistance level which is a pullback resistance that aligns with the 78.6% Fibonacci retracement and could reverse from this level to our take profit. Entry: 0.65493 Why we like it: There is a pullback resistance level which aligns with the 78.6% Fibonacci retracement. Stop loss: 0.65866 Why we like it: There is a pullback resistance...
AU might be weak at the moment, but it won't go down without taking some order up there. This is just an idea. It does not indicate Buying or Selling at particular prices.
Possible bearish continuation from the support/resistance flip. alternatively, we might continue up to take out FVG before full reversal to at least previous low.
Australian dollar We note that the Australian dollar is in the stage of building the fifth wave Entering a buy deal We enter at 0.649 levels and target 0.66 levels The main deal Entering a sell deal at 0.66 levels and the targets are not specified
If the price is making higher highs and higher lows and is above the uptrend line, the market is considered an uptrend.
AUDUSD Day - Market Structure Shift To Downtrend Price will move to 0.64416 for Re-balance SELL @0.65188 STOP LOSS @0.65527 TAKE PROFIT @0.64416
In anticipation of the forthcoming FOMC meeting, the AUDUSD currency pair is demonstrating a notable increase in value, defying the backdrop of data indicating a prevailing contraction in private business activity across Australia during March. Despite these domestic economic challenges, market attention remains focused on the Reserve Bank of Australia’s (RBA)...
Fed rules out rate hike. Will the RBA now do the same? The US Federal Reserve maintained its policy rate within the 5.25%-5.50% range as anticipated. Notably, Fed Chair Powell, in the press conference, expressed that while the central bank remains vigilant about inflation risks, a hike is "unlikely" for the next move. Will the Reserve Bank of Australia (RBA)...