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.
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)...
Hello dear traders how are you and what you think about this analyse please comments..!? In the dynamic realm of AUD/USD trading, 📈📉 our 4-hour chart reveals a compelling narrative. The market exhibits a respectful adherence to the bearish trend line, showcasing its resilience against upward breaches. Notably, the recent closure of a bearish 4-hour candle hints...
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 0.6630 which is a multi-swing-high resistance. Stop loss is at 0.6682 which is a level that sits above a swing-high resistance. Take profit is at 0.6566 which is an overlap support that aligns close to the 50.0% Fibonacci...
#AUDUSD - H1 📣 Upon reviewing the 1-hour timeframe, with the breakout of the uptrend at 0.6586, we can be optimistic about a price decline towards the 0.6540 range. ⛔ Stop Loss: 0.6610 On the other hand, with a breakout above the 0.6610 range, we can be optimistic about price growth towards the 0.6670 range. ⛔ Stop Loss: 0.6586
Waiting for bsl sweep then we shall look for sell trade.
Short Term Elliott Wave in AUDUSD suggests the pullback to 0.636 ended wave (2). The pair has turned higher in wave (3) with internal subdivision in 5 waves in lesser degree. Up from wave (2), wave (i) ended at 0.6432 and pullback in wave (ii) ended at 0.6407. The pair then extended higher in wave (iii) towards 0.655 and dips in wave (iv) ended at 0.6516. Final...
The price is moving in a downward direction to establish a possible pattern. This pattern is only drawn for a schematic view and it may move down in a different direction. Money management is mandatory.
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...
In this video I'm going to go through one of ICT's most famous sayings, which is "The bodies tell the story, and the wicks do the damage". If haven't taken the time to understand what he means, then you are seriously putting yourself at a disadvantage if you are using his concepts. This is one of the most crucial and useful pieces of the ICT puzzle. You often hear...
My focus pm this buy comes from oil being oversold and creating a head and shoulders on the higher time frame although selling is the overall outlook buying will be most profitable after seller liquidly is grabbed this is my position I'm looking to take FOREXCOM:AUDUSD FOREXCOM:USOIL
we have a clear break on trend in 1HT and break of previous low with the news tomorrow we may expect a trong push to the downside
Preferred direction: BUY Comment: The current situation for the AUDUSD currency pair continues to develop in favor of buyers, and against this background, we are considering a short-term long from the level of 0.66000 . In the recent past, this level was the growth target for a medium-term deal. This level is currently support. The most likely scenario №1 ...
AUDUSD is at a major resistance zone. The US dollar index sees further rallies. Wait for a retracement below previous lower highs before placing your trades.
Price is currently heading to our resistance level and hope for bearish reaction to see downward move in price.
Hello friends! AUD/USD has failed to break the 0.6650 resistance level. In fact, price has reversed after hitting the resistance zone. Based on the price action in the daily chart, I believe AUD/USD will decline further. I have already sold AUD/USD at the resistance zone. In case price reaches the resistance zone again, I will consider adding further sells in AUD/USD.
Hello friends nice to meet you all hope you have a good time and have a great investment time. As you see the blue line, RSI berish divergence was appeared. It can have a rebound at a meaningful recent point and the final goal is the tail's zone below.
It is expected that after some upward swing, a trend change will be formed and the continuation of the corrective trend will be formed. Then, in the specified support ranges, it is expected that the beginning of the upward trend will be formed