Should you buy the dip? In general, I would say this is not a good level. See the video for why, and where it might be worth doing it.
Audusd is turning higher I believe, showing evidences of a bottom with current recovery from the lows, that looks impulsive. Also, inflation in Australia came out stronger this week and copper, plus HSI are higher as well. This can keep aussie in uptrend as discussed in video. Thx for watching.
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 Aussie (AUD/USD) is falling towards an overlap support and could potentially bounce off this level to climb higher. Buy entry is at 0.6529 which is an overlap support that aligns with the 23.6% Fibonacci retracement level. Stop loss is at 0.6473 which is a level that lies underneath a pullback support. Take profit is at 0.6616 which is an overlap...
The Aussie (AUD/USD) is rising towards a pullback resistance and could potentially reverse off this level to drop lower. Sell entry is at 0.6545 which is a pullback resistance that aligns close to the 61.8% Fibonacci retracement level. Stop loss is at 0.6572 which is a level that sits above a pullback resistance. Take profit is at 0.6483 which is an overlap...
Hey Traders, The US News coming on Thursday is slowing market volatility. The AUDUSD offers various technical areas of note and it's important to view these pre news and pre open tomorrow. Lessons inside.
AUD/USD Ahead of RBA CPI data and US GDP data AUDUSD this week will face inflation data from Australia and GDP data from the US. What should we expect? 📺You may watch the video for further details📺 Thank you and Good Luck! ❤️PS: Please support with a like or comment if you find this analysis useful for your trading day❤️
The Aussie (AUD/USD) is rising towards an overlap resistance and could potentially reverse off this level to drop lower. Sell entry is at 0.6486 which is an overlap resistance that sits above the 38.2% Fibonacci retracement level. Stop loss is at 0.6563 which is a level that sits above the 61.8% Fibonacci retracement and an overlap resistance. Take profit is at...
In this live trading session video,we look at the AUDUSD trade that got recently stopped out for small profit on the 50k traders challenge account. 3 of the previous trades got stopped out before this and we look at how we should review the strategy as a professional if it is still working. We look at the the 3 steps we need to do for this System vs Cash results...
At 9:30pm EST we have Australia reporting CPI data and in this video I have plotted out some areas of interest that I would consider selling Aussie provided we get strong bullish momentum following the reports. The sells are intended to only be scalp trades with small targets of only 10-20 pips depending on the pair.
Welcome to our latest analysis of the AUDUSD currency pair! In this video, we delve into the current state of the market, examining key trends and offering insights into what lies ahead for this dynamic forex pair. Join us as we dissect recent price movements, identifying crucial support and resistance levels that are influencing the AUDUSD's trajectory. From...
The Aussie (AUD/USD) is rising towards a pullback resistance and could potentially reverse off this level to drop lower. Sell entry is at 0.6459 which is a pullback resistance that aligns close to a 23.6% Fibonacci retracement level. Stop loss is at 0.6503 which is a level that sits above the 38.2% Fibonacci retracement level and a pullback resistance. Take...
FX:AUDUSD Preference: AUDUSD has been trending downward for the majority of the week. After consolidating and breaking above, we set a buy limit order at the double bottom on the 30-minute time frame and waited for this structural level to be retested. Our trade is now active. If this level holds, we could see a retest of the highs before a continuation of the...
EASYMARKETS:AUDUSD Disclaimer: easyMarkets Account on TradingView allows you to combine easyMarkets industry leading conditions, regulated trading and tight fixed spreads with TradingView's powerful social network for traders, advanced charting and analytics. Access no slippage on limit orders, tight fixed spreads, negative balance protection, no hidden fees...
AUD/USD rises after its 2024 lows as the greenback’s strength deflates, eying the pivotal EMA200 and daily closes above it would shift bias to the upside. However, such outcome has high degree of difficulty technically. The EMA200 can contain the rebound and sustain the bearish bias, which would keep the Aussie exposed to the 2023 lows (0.6269). The hawkish...
Hello hello, guys! We have a new week ahead. Here is my analysis for my bias moving forward. For those who are lazy, I am basically bullish on the Dollar and bearish for XXXUSD pairs. But I suggest going through the video as I explain how I came to this bias as well as offer analysis for each of the major Forex pairs. We are in turbulent times, so trade safe out...
The Aussie (AUD/USD) is rising towards an overlap resistance and could potentially reverse off this level to drop lower. Sell entry is at 0.6554 which is an overlap resistance that aligns with the 38.2% Fibonacci retracement level. Stop loss is at 0.6600 which is a level that sits above the 61.8% Fibonacci retracement. Take profit is at 0.6486 which is a...
Hello Traders! Looks like we have Bearish Momentum coming into the market for AU and other correlated pairs. DXY as well looks to be picking up Bullish Momentum. Pay attention to the swing points and overall trend.