Also the bulls are in control the daily timeframe shows a turn around is possible on the 2h time frame sell entry is at 0.659 which is 0.382 Fibonacci level I expect a fall back in that zone take profit is 0.655 which is a previous low of a wick, stop loss is right above resistance level. Stay updated
The Aussie (AUD/USD) is reacting off the pivot which has been identified as a pullback resistance and could potentially fall to the 1st support. Pivot: 0.6622 1st Support: 0.6586 1st Resistance: 0.6643 Risk Warning: Trading Forex and CFDs carries a high level of risk to your capital and you should only trade with money you can afford to lose. Trading Forex and...
Here is our detailed technical review for AUDUSD. Time Frame: 1D Current Trend: Bearish Sentiment: Overbought (based on 7-period RSI) Forecast: Bearish The market is on a crucial zone of supply 0.659. The above-mentioned technicals clearly indicate the dominance of sellers on the market. I recommend shorting the instrument, aiming at 0.648 level. P.S Please,...
Range bound within a triangle and heading upward, expecting Monday to retrace back to key level then move up
The Aussie (AUD/USD) could rise towards a multi-swing-high resistance and potentially reverse off this level to drop lower. Sell entry is at 0.6644 which is a multi-swing-high resistance. Stop loss is at 0.6678 which is a level that sits above the 161.8% Fibonacci extension level and a swing-high resistance. Take profit is at 0.6575 which is a pullback...
The pair maintains a position marginally higher than both the 50-period moving average and the Woodie pivot point. This indicates a slight upward trend or stability in its current positioning within the market. Observing this alignment can offer insights into potential support levels and trends, guiding traders and analysts in their assessments of the pair's...
AUDUSD - 24h expiry The medium term bias remains bullish. The sequence for trading is higher highs and lows. Setbacks should be limited to yesterday's low. Bespoke support is located at 0.6575. Preferred trade is to buy on dips. We look to Buy at 0.6575 (stop at 0.6549) Our profit targets will be 0.6640 and 0.6650 Resistance: 0.6635 / 0.6665 /...
As shared earlier this week. 🌟Price respected 1hr supply and... 1. Broke 2 lows (change of character) 2. Left fvg + supply We can look forward to anticipate sell position targetting weekly low before cpi relase next week.🤝Good luck
Hello traders! ‼️ This is my perspective on AUDUSD. Technical analysis: Here we are in a bullish market structure from 4H timeframe perspective, so I look only for long position. I want price to continue the retracement to fill that imbalance lower and then to reject from bullish order block. Like, comment and subscribe to be in touch with my content!
Hello,Friends! The BB upper band is nearby so AUD-USD is in the overbought territory. Thus, despite the uptrend on the 1W timeframe I think that we will see a bearish reaction from the resistance line above and a move down towards the target at around 0.652. ✅LIKE AND COMMENT MY IDEAS✅
*The content on this analysis is subject to change at any time without notice, and is provided for the sole purpose of assisting traders to make independent investment decisions.
OVERALL GAME PLAN * Currently in a SELL position on AUD/USD SHORT 0.10 ANALYSIS IN MY FAVOR * Currently at resistance level on the 4 hours * Overall trend is a downtrend ANALYSIS AGAINST ME * Might create a higher high and after that drop due to the short term being bullish
We can clearly see an continuation pattern in daily basis where we can observe that there will be a sharp movement in one direction and cooling off will be taken in opposite to the share movement ranging the liquidity form 0.5-0.614 fib zones. For example 1st wave there will be sharp 100 pip move and pull back of 35-50 pips 2nd wave Again we can see 70-80 pip...
*The content on this analysis is subject to change at any time without notice, and is provided for the sole purpose of assisting traders to make independent investment decisions.
AU is now approaching strong resistance of multiple bottm pattern. We are expecting rejection at this area. Let's monitor price action and look for SELL entry if we have entry in smaller time frame ( m5) FX:AUDUSD OANDA:AUDUSD FOREXCOM:AUDUSD
My dear friends, Please, find my technical outlook for AUDUSD below: The price is coiling around a solid key level - 0.6618 Bias - Bearish Technical Indicators: Pivot Points Low anticipates a potential price reversal. Super trend shows a clear , giving a perfect indicators' convergence. Goal - 0.6550 Safe Stop Loss - 0.6662 About Used Indicators: The...
The Aussie (AUD/USD) is reacting off the pivot and could potential fall to the 1st support. Pivot: 0.65803 1st Support: 0.65279 1st Resistance: 0.66392 Risk Warning: Trading Forex and CFDs carries a high level of risk to your capital and you should only trade with money you can afford to lose. Trading Forex and CFDs may not be suitable for all investors, so...
The greenback edged better on Wednesday, bucking current weak point as numerous Fed officers organized to speak. At 04:20 ET (08:20 GMT), the Dollar Index, which tracks the dollar towards a basket of six different currencies, traded 0.2% better at 105,500, off its lowest withinside the nearly a month remaining week. The greenback obtained a small increase...