AUDUSD has recently moved lower after the FED rate decision which was 4.75% as expected, but it was an increase from the previous month still, the FED interest rate outlook still looks to increase rates this year. Oscillator momentum has been bearish lately and AUDUSD can move lower. I have marked some supply and demand zones that may be broken over the next few...
Looking at the H4 chart, my overall bias for AUDUSD is slightly bullish due to the current price being fluctuating within the ascending channel, even though the current price is within the Ichimoku cloud.
looking for buy entry at 0.68809, take profit 0.75361 and stop loss at 0.67176.
Please be advised that the information presented on TradingView is provided...
Hey traders, in today's trading session i'm are monitoring AUDUSD for a buying opportunity around 0.70449 zone, once I will receive any bullish confirmation the trade will be executed.
The price is at a discounted level. it has almost reached a higher low on the 4hrs equidistant channel. i see an hourly block order which might trigger the price to go up.
Price fell sharply after forming a double top
Pattern on the H4 timeframe
Price is being supported by the rising trendline
Making price a bullish market
I believe a bullish continuation will be next
After the price reacts to the supporting trendline
• If price corrects and a larger one hour flag forms, then I'll be looking to get short with a risk entry within it.
• If my entry requirements are not met then I will simply wait until another setup which meets my plan materialises.
• If there's any ambiguity then I will not place a trade on this pair.
As you can see above in my last post the market respecting our analysis, AudUsd retraced to the exhaustion areas i was expecting.
Buyers entered the market which made the Daily candle have a big sellers exhaustion, now we can dive deeper and look at lower timeframes and see where we can have the confirmation. In this post i marked the areas im looking to enter...
Price touched support trend line 3 times on the 4H chart moving upwards.
Looking at the lower time frame 1H, inner trend forming upwards the price bouce 3 times aswell.
I toke a buy to ride the trend upwards
Risk small, GOODLUCK
DON'T FORGET TO DROP A FOLLOW!
AUD/USD 1H - This pair is still putting in clear bullish structure on the higher timeframes, we are however wanting to see an end to this and for bearishness to be introduced.
I am expeting price to tap into the Supply zone I have highligthed and for enough Supply to be introduced to flip the current trend from bullish to bearish.
In doing so we can look to then...
Hey guys it's good to be back !
I'm expecting a potential rejection of this Resistance area and a balance of this daily Imbalanced area where if we do get High Test Candlestick rejection we might look to take shorts on the pair
Thoughts?
FX:AUDUSD
Bullish movement on AUDUSD. Price broke above the Daily resistance and made a pullback to retest at the previous resistance now turned into support. Price even retraced to the 38.2% Fibonacci retracement. An engulfing candle on the lower timeframes (30min,15min) is confirmation to go long on AUDUSD
AUDUSD Will Fall in short term. The price reached resistance Level. Bearish flag pattern. Mostly the price fail to break the resistance level(white line) and begin fall as the yellow line in chart.
By Market GM team
The price is creating a series of higher highs and higher lows is to consider buying on pullbacks to key levels of support.
Specifically, if the price is showing a strong uptrend by creating higher highs and higher lows, traders may look to buy when the price pulls back to an area of previous resistance that has now been flipped to support.
In this scenario is to...
Daily Analysis - AUDUSD - Smart Money Concepts + Refined Supply And Demand
We have been in a decisional swing supply zone for a while now, I would not be surprised if we see NFP week fuel a big move out of the zone to continue the daily swing trend.
Daily:
s3.tradingview.com
4hr:
s3.tradingview.com
