AUDUSD 4hour Analysis September 18th, 2022AUDUSD Bearish Idea
Weekly Trend: Bearish
Daily Trend: Bearish
4Hour Trend: Bearish
Trade scenario 1: Looking overall bearish here on AU but we are right at our 0.67000 zone and need to wait for a break or bounce.
If we are to continue with the bearish trend we’re looking for a break below 0.67000 with a lower high below.
Trade scenario 2: If we see a bullish bounce off 0.67000 look for price action to push higher into 0.68500.
Aud-usd
AUDUSDHELLO GUYS THIS MY IDEA 💡ABOUT AUDUSD is nice to see strong volume area....
Where is lot of contract accumulated..
I thing that the Seller from this area will be defend this SHORT position..
and when the price come back to this area, strong SELLER will be push down the market again..
DOWNTREND + Support from the past + Strong volume area is my mainly reason for this short trade..
IF you like my work please like share and follow thanks
TURTLE TRADER 🐢
AUDUSD Potential for Bearish Continuation| 16th Sept2022On the H4, with the price moving within the descending channel and below ichimoku cloud, we have a bearish bias that the price may drop to the sell entry at 0.67105, which is in line with the swing low. If the 1st support level is broken, the take profit could be at 0.66122, where the 100% fibonacci projection is. Alternatively, the price may rise to the stop loss at 0.67717, which is in line with the 38.2% fibonacci retracement and overlap resistance.
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AUDUSD M30: Bullish outlook seen, further upside above 0.6740On the M30 time frame, prices are testing support at 0.6740, in line with the graphical resistance-turned-support level and Fibonacci confluence levels where we could see more upside to the resistance zone at 0.6820. Prices are holding above the Ichimoku cloud as well, supporting the bullish bias.
AUDUSD M30: Bullish outlook seen, further upside above 0.6820On the M30 time frame, prices are testing support at 0.6740, in line with the graphical resistance-turned-support level and Fibonacci confluence levels where we could see more upside to the resistance zone at 06820. Prices are holding above the Ichimoku cloud as well, supporting the bullish bias.
AUDUSD Trading plan around the current Support.The AUDUSD pair got heavily rejected yesterday on the 1D MA50 (blue trend-line) following the worse than expected CPI report. This is the first update we make on the pair since our August 05 analysis, that targeted the 1D MA200 (orange trend-line) following the Wedge break:
Our target has been completed and the price has entered since a new corrective pattern that is supported by the former Lower Highs trend-line of the Falling Wedge. Being so close to the 0.66800 Support, a buy on a tight SL on that level is a high reward trade, with our target being the (dashed) Lower Highs trend-line. In order to extend buying beyond that point, we would like to see the 1D MA200 break. On the other hand, we will be selling if a candle closes below the 0.66800 Support and target the bottom of the Channel Down.
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AUDUSD LONG TO $0.70AUDUSD is either in correction mode or at the start of a reversal (Bull market). Either way I am expecting AUDUSD to take out liquidity above the previous Wave 4, so our first target will be $0.7000📈
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AUDUSD 4hour Analysis September 11th, 2022AUDUSD Bullish Idea
Weekly Trend: Bearish
Daily Trend: Bearish
4Hour Trend: Bullish
Trade scenario 1: Overall AU has been bearish on major timeframes but we recently saw the 4hour timeframe turn very bullish.
Currently price action is resting near 0.68500 resistance and we’re waiting for reactions.
Ideally, if price action is to continue bullish we need to see a significant higher low above 0.68500.
Trade scenario 2: If price action reverses at 0.68500 we will look for strong bearish confirmations to enter short on. Look to target lower toward 0.67750 followed by 0.67000
AUDUSD Potential For Bearish ContinuationOn the H4, with the price moving below the ichimoku cloud and moving within the descending channel, we have a bearish bias that the price may drop to the sell entry at 0.67020, which is in line with the previous swing low. If the price can break this support level , the take profit could be at 0.66400, where the 78.6% fibonacci projection is. Alternatively, the price may rise to the stop loss at 0.67753, where the 23.6% fibonacci retracement and overlap resistance are.
Please be advised that the information presented on TradingView is provided to Vantage (‘Vantage Global Limited’, ‘we’) by a third-party provider (‘Everest Fortune Group’). Please be reminded that you are solely responsible for the trading decisions on your account. There is a very high degree of risk involved in trading. Any information and/or content is intended entirely for research, educational and informational purposes only and does not constitute investment or consultation advice or investment strategy. The information is not tailored to the investment needs of any specific person and therefore does not involve a consideration of any of the investment objectives, financial situation or needs of any viewer that may receive it. Kindly also note that past performance is not a reliable indicator of future results. Actual results may differ materially from those anticipated in forward-looking or past performance statements. We assume no liability as to the accuracy or completeness of any of the information and/or content provided herein and the Company cannot be held responsible for any omission, mistake nor for any loss or damage including without limitation to any loss of profit which may arise from reliance on any information supplied by Everest Fortune Group.
AUDUSD Potential for Bearish Continuation| 8th September 2022On the H4, with the price moving below the ichimoku cloud and moving within the descending channel, we have a bearish bias that the price may drop to the sell entry at 0.67264, which is in line with the previous swing low. If the price can break this support level, the take profit could be at 0.66809, where the 61.8% fibonacci projection and swing low are. Alternatively, the price may rise to the stop loss at 0.67770, where the 23.6% fibonacci retracement and overlap resistance are.
Any opinions, news, research, analyses, prices, other information, or links to third-party sites contained on this website are provided on an "as-is" basis, as general market commentary, and do not constitute investment advice. The market commentary has not been prepared in accordance with legal requirements designed to promote the independence of investment research, and it is therefore not subject to any prohibition on dealing ahead of dissemination. Although this commentary is not produced by an independent source, FXCM takes all sufficient steps to eliminate or prevent any conflicts of interest arising out of the production and dissemination of this communication. The employees of FXCM commit to acting in the clients' best interests and represent their views without misleading, deceiving, or otherwise impairing the clients' ability to make informed investment decisions. For more information about the FXCM's internal organizational and administrative arrangements for the prevention of conflicts, please refer to the Firms' Managing Conflicts Policy. Please ensure that you read and understand our Full Disclaimer and Liability provision concerning the foregoing Information, which can be accessed on the website.
AUD USD for next year to come — the mirror effectSo this is my idea for AUD USD, I think it will go down for the next year to come. If you go back to Mars 2009, you can then see that the price went up for a few months. That exact pattern might occur now in reverse at the same rate as back as. I'm gonna trade in 1-minute timeframe all the time, I'll not care about that main trend, just the short term because that's my style (scalping). And yeah, those lines are there for support and resistance that will be pure price action from throughout all time since the primitive in January 1971
AUDUSD can move lower? 🦐AUDUSD on the 4h chart show us a very technical market the price in fact after the break of the ascending channel perfectly retested the weekly structure at the 0.5 Fibonacci area and moved to the daily support.
How can i approach this scenario?
I will wait for a break below the daily structure and in that case i will for a nice short order according to the Plancton's strategy rules.
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Follow the Shrimp
Keep in mind.
🟣 Purple structure -> Monthly structure.
🔴 Red structure -> Weekly structure.
🔵 Blue structure -> Daily structure.
🟡 Yellow structure -> 4h structure.
⚫️ Black structure -> <4h structure.
Here is the Plancton0618 technical analysis , please comment below if you have any question.
The ENTRY in the market will be taken only if the condition of the Plancton0618 strategy will trigger
RBA Interest Rate Decision Prep From the last 3 RBA meetings (June, July & August) the decision to increase interest rates by 50bps resulted in a drop in AUDUSD (typically an interest rate hike should see the currency appreciate)
This move is likely due to the effect of a priced-in scenario where the decision had been signaled by the RBA and much anticipated by the market.
With the upcoming interest rate decision expected to present a 50bps rate hike again, the AUDUSD could reject the 0.6845 resistance level to trade lower towards the 0.6760 support level.
AUDUSD Potential Bearish Continuation!In Today's trading session we will be monitoring AUDUSD for a Selling opportunity in and around 0.68 area. Once we get a Bearish confirmation the trade will be executed and shared with our premium subscribers.
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AUDUSD 4hour Analysis September 5th, 2022AUDUSD Bearish Idea
Weekly Trend: Bearish
Daily Trend: Bearish
4Hour Trend: Bearish
Trade scenario 1: We are looking super bearish on AU and looks like price action will continue with this trend.
We recently broke below our 0.68500 level and will look to continue short. The most likely scenario is price action rejects 0.68500 with strong bearish setups to enter on.
Look to target lower toward 0.67000.
Trade scenario 2: For us to consider AU bullish again we need to see a break above 0.68500 with a confirmed higher low above.
AUDUSD Potential for Bearish DropOn H4, with the price moving below the ichimoku cloud and trendline, we have a bearish bias that the price may drop from the sell entry at 0.67648, where the swing lows are to the take profit at 0.67086, which is in line with the significant swing low. Alternatively, the price may rise to the stop loss at 0.68287, where the 23.6% fibonacci retracement is.
Please be advised that the information presented on TradingView is provided to Vantage (‘Vantage Global Limited’, ‘we’) by a third-party provider (‘Everest Fortune Group’). Please be reminded that you are solely responsible for the trading decisions on your account. There is a very high degree of risk involved in trading. Any information and/or content is intended entirely for research, educational and informational purposes only and does not constitute investment or consultation advice or investment strategy. The information is not tailored to the investment needs of any specific person and therefore does not involve a consideration of any of the investment objectives, financial situation or needs of any viewer that may receive it. Kindly also note that past performance is not a reliable indicator of future results. Actual results may differ materially from those anticipated in forward-looking or past performance statements. We assume no liability as to the accuracy or completeness of any of the information and/or content provided herein and the Company cannot be held responsible for any omission, mistake nor for any loss or damage including without limitation to any loss of profit which may arise from reliance on any information supplied by Everest Fortune Group.
AUDUSD Potential for Bearish Momentum | 5th September 2022On the H4, with the price moving below the ichimoku cloud and moving within the descending channel, we have a bearish bias that the price may drop from the sell entry at 0.67619, which is in line with the multiple swing lows to the take profit at 0.67098, where the swing lows are. Alternatively, the price may rise to the stop loss 0.68286, where the 23.6% fibonacci retracement is.
Any opinions, news, research, analyses, prices, other information, or links to third-party sites contained on this website are provided on an "as-is" basis, as general market commentary, and do not constitute investment advice. The market commentary has not been prepared in accordance with legal requirements designed to promote the independence of investment research, and it is therefore not subject to any prohibition on dealing ahead of dissemination. Although this commentary is not produced by an independent source, FXCM takes all sufficient steps to eliminate or prevent any conflicts of interest arising out of the production and dissemination of this communication. The employees of FXCM commit to acting in the clients' best interests and represent their views without misleading, deceiving, or otherwise impairing the clients' ability to make informed investment decisions. For more information about the FXCM's internal organizational and administrative arrangements for the prevention of conflicts, please refer to the Firms' Managing Conflicts Policy. Please ensure that you read and understand our Full Disclaimer and Liability provision concerning the foregoing Information, which can be accessed on the website.
AUDHELLO GUYS THIS MY IDEA 💡ABOUT AUD USD is nice to see strong volume area....
Where is lot of contract accumulated..
I thing that the buyers from this area will be defend this long position..
and when the price come back to this area, strong buyers will be push up the market again..
DOWNTREND + Support from the past + Strong volume area is my mainly reason for this long trade..
IF you like my work please like share and follow thanks
TURTLE TRADER 🐢