When corrections are short in duration, this is usually an indication of strength. Price continues to consolidate between the 2 confirmation levels. As we continue to wait and see what happens, I am expecting to see a break above .71410. This should serve as confirmation that the correction since 2021 ended in October 2022. If this count is correct then price...
AUDUSD, the price is near the key resistance zone 0.71210, the price is expected to decline to correct, sell the red zone, first target 0.70323.
Our analysis is based on multi-timeframe top-down analysis & fundamental analysis Based on our view the price will rise to the monthly level DISCLAIMER: This analysis can change anytime without notice and it's only to assist traders in making independent investment decisions. Please this is a PREDICTION and I have no reason to act on it and neither should...
Looking at the H4 chart , my overall bias for AUDUSD is bullish due to the current price being above the Ichimoku cloud , indicating a bullish market. Looking for a buy stop entry at 0.71227, where the recent high is to ride the bullish momentum. Stop loss will be at 0.70638, where the previous overlap support and 23.6% Fibonacci line is. Take profit will be at...
Hello Fellow Traders, I hope That Everyone Follows This Forecast To make some big Profits! Here is a Full Updated Analysis & Forecast For AUDUSD The Best way to follow my Analysis is if the following conditions apply. Conditions - 1. Wait for the Market to Show you some (Rejection / Confirmation / Direction) 2.Wait for confirmation(Price Action Confirmation (...
Looking at the H4 chart, my overall bias for AUDUSD is bullish due to the current price being above the Ichimoku cloud, indicating a bullish market. Looking for a buy entry at 0.70672 where the recent swing low is, we are looking to take profit at 0.71355, where the recent swing high is. Stop loss will be placed at 0.70165 where the previous overlap support...
Following October 2022 low, this symbol has been on the move up to completing a five wave formation which could possibly turn around at the August 2022 high (resistance). Further there is significant RSI divergence between November 2022 high (wave 3) and current price. With this, there could be a high probability that the resistance may hold and price may turn...
• If price pushes up to and ideally just above our area of value, then regardless of how it does so I'll be waiting for a convincing impulse back down followed by a tight flag and then I'll be looking to get short with either a reduced risk entry on the break of the flag or a risk entry within it. • If my entry requirements are not met then I will simply wait...
AUDUSD is trading a 121 bullish pattern on its hourly chart. The price may resume the trend with: EL: 0.69113 Target1: 62% XA: 0.69633 79% XA: 0.69961 Target2: .....
AUDUSD is trading a 121 bullish pattern on its hourly chart. The price is trading 0.67349 below the entry level EL: 0.67787 Stop below 'D' Target1: 62% XA: 0.69633 79% XA: 0.69961 Target2: 127% XA: 0.70956 162% XA: 0.71671
Hello,Traders! AUD-USD is retesting The horizontal resistance And while I have a mixed Bias on the pair I think That we will see a local Move down towards The local target below Sell! Like, comment and subscribe to boost your trading! See other ideas below too!
AUDUSD has formed an abc bullish pattern on its hourly chart. The price is trading above the entry level EL( ENTRY LEVEL) 0.67122 and bellow the wall WALL 0.67375. SL 0.66611 TP1 0.68171 618% BCD EXTENSION TP2 0.68525 786% BCD EXTENSION TP3 0.68973 100% SYMMETRY BCD EXTENSION TRADE CHARTS PATTERNS LIKE THE PROS 5 GOLDEN RULES 1: The Trade Setup The setup is...
AUDUSD has formed a 121 bullish pattern on its hourly chart. The price is trading the entry level EL: 0.67085 ST: 0.66880 Targets 127% XA: 0.68051 162% XA: 0.68525
AUDUSD has formed a 121 BULLISH PATTERN on its hourly chart. The price is trading the entry level EL 0.66802 with potentials targets TP1 0.67976 TP2 0.68934 TP3 0.70517
AUDUSD has formed an advance harmonics pattern (Butterfly) on its hourly chart. The pric3e is trading below the EL: 0.70255 ST: 0.70706 Target 1 24% AD: 0.69613 38% AD: 0.68982
The Australian dollar has extended its rally with solid gains on Wednesday. In the North American session, AUD/USD is trading at 0.7080, up 0.51%. RBA policy makers are no doubt having a bad day at the office, as Australia's inflation climbed sharply in the fourth quarter. CPI rose to 8.4%, up from 7.3% in Q3 and above the consensus of 7.7%. The hot inflation...
Waiting for SMA to cross on the 4h Chart and maybe see a Crown too, and also see a Bearish CF on the daily TF so as for me to short the MKT long term.