Expecting a bounce at 0.67Price went against my latest AUDUSD long idea, but my bias remains the same as we can see AUDUSD is in an uptrend. It is now approaching 0.67, a major demand zone. RSI showing a divergence. Expecting a bounce from 0.67 back up to 0.679. I will wait for lower timeframe confirmation before entering a long trade.
AUDUSD
Pullback support ahead for the Aussie?The price is falling towards the support level which is a pullback support that is slightly below the 61.8% Fibonacci retracement and could bounce from this level to our take profit.
Entry: 0.6677
Why we like it:
There is a pullback support level which is slightly below the 61.8% Fibonacci retracement.
Stop loss: 0.6642
Why we like it:
There is a pullback support level which aligns with the 88% Fibonacci retracement.
Take profit: 0.6722
Why we like it:
There is a pullback resistance level that lines up with the 23.6% Fibonacci retracement.
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: Bullish Indices And Potential UpsidesHey Traders, in today's trading session we are monitoring AUDUSD for a buying opportunity around 0.66600 zone, AUDUSD is trading in an uptrend and currently is in a correction phase in which it is approaching the trend at 0.66600 support and resistance area.
We would also like to consider the current bullish bias on indices, due to the positive correlation AUDUSD can benefit from that. Gold is also bullish
Trade safe, Joe.
AUDUSD Daily TF Make Trading SimpleKepp Trading Simple
AUDUSD is currently pulling back after reaching the -0.27 Fibonacci target. We have multiple strong confluences around the 0.67021 - 0.66929 range. Additionally, there is a descending trend line from May and an ascending trend line from early June converging in this area. I will be looking for the price to stabilize and start to reject at this point.
AUDUSD Will Collapse! SELL!
My dear subscribers,
This is my opinion on the AUDUSD next move:
The instrument tests an important psychological level 0.6740
Bias - Bearish
Technical Indicators: Supper Trend gives a precise Bearish signal, while Pivot Point HL predicts price changes and potential reversals in the market.
Target - 0.6730
About Used Indicators:
On the subsequent day, trading above the pivot point is thought to indicate ongoing bullish sentiment, while trading below the pivot point indicates bearish sentiment.
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WISH YOU ALL LUCK
AUDUSD Bank Robbery Plan to Make MoneyMy Dear Robbers / Traders,
This is our master plan to Heist AUDUSD Bank based on Thief Trading style Technical Analysis.. kindly please follow the plan I have mentioned in the chart focus on Short entry. Our target is Green Zone that is High risk Dangerous level, market is oversold / Consolidation / Trend Reversal at the level Bullish Robbers / Traders gain the strength. Be safe and be careful and Be rich.
Note: If you've got a lot of money you can get out right away otherwise you can join with a swing trade robbers and continue the heist plan, Use Trailing SL to protect our money.
Stop Loss : Recent Swing High using 2h timeframe
Warning : Fundamental Analysis comes against our robbery plan. our plan will be ruined smash the Stop Loss. Don't Enter the market at the news update.
Loot and escape on the target 🎯 Swing Traders Plz Book the partial sum of money and wait for next breakout of dynamic level / Order block, Once it is cleared we can continue our heist plan to next new target.
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Pre-ECB rates decision analysis18th July
DXY: Consolidating, could retrace to 104 resistance, test and reject to trade down to 103.50. Needs to stay below 104.20 to remain bearish
NZDUSD: Buy 0.6060 SL 20 TP 50
AUDUSD: Sell 0.6715 SL 20 TP 40
USDJPY: Sell 155.55 SL 40 TP 80
GBPUSD: Buy 1.3050 SL 20 TP 90 (Hesitation at 1.3090)
EURUSD: Buy 1.0930 SL 20 TP 50 (ECB decision pending)
USDCHF: Sell 0.8815 SL 25 TP 85 (hesitation at 0.8780)
USDCAD: Buy 1.3710 SL 20 TP 70
Gold: DXY weakness continues, price to trade higher, break 2480 could trade up to 2520
Could AUD/USD be getting ready to visit .6850?? - AUHere I have AUD/USD on the Daily Chart!
Since price last visited the 2023/2024 Fall Support Zone making a Divergent Low @ .63623 , it has continued to move higher finding Support at a Local Support Zone!
After this we see a New High @ .67141! Using the Fib Tool from Divergent Low to New High, we are given a Fib Entry Zone where Price has already corrected too!
Currently, we see price is now struggling with the Fib Kill Zone!
-All this Price Action is happening just under a Falling Resistance and with this much built up pressure I believe we could see price make quite a move to the UPSIDE!!!
At Market Open, Price had opened WAYY above our Falling Resistance making a GAP to FILL and price has already done that!
-Price now is also trading ABOVE the 200 EMA
-If price can continue to stay above the Kill Zone, I believe it will have a good chance at Breaking the Local Resistance Zone and then onto the Dec. 2023 Resistance Zone @ .6850 Levels
WEEKLY FOREX FORECAST: UPDATES!! Wed July 17thWe are updating you on the Forecasts posted for July 15-19th.
Was the analysis accurate? Did we reach our targets? Was the Bias correct?
USD Index, EUR, GBP, CAD, AUD, NZD, CHF, (usdcad, usdchf)
SP500, Nasdaq, Crude Oil, Gold, Silver
Enjoy!
May profits be upon you.
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Disclaimer:
I do not provide personal investment advice and I am not a qualified licensed investment advisor.
All information found here, including any ideas, opinions, views, predictions, forecasts, commentaries, suggestions, expressed or implied herein, are for informational, entertainment or educational purposes only and should not be construed as personal investment advice. While the information provided is believed to be accurate, it may include errors or inaccuracies.
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AUD/USD on a 15-minute timeframeThe blue highlighted area around the 0.67253-0.67288 level represents a strong support zone.
The price has tested this area multiple times and shown a tendency to bounce back from it.
The current price is around 0.67288-0.67276, which is near the support zone.
The resistance level is marked around 0.67547, indicating a potential target for the bullish move.
The projection indicates a potential bullish move from the support zone up to the resistance level around 0.67547. This suggests an expectation of a price increase after possibly forming a base around the support.
Consider entering a long position around the current price level (0.67288) or slightly lower, closer to the support zone (0.67253).
Ensure proper risk management by setting stop losses and monitoring key levels for any invalidation of the bullish scenario.
#AUDUSD: A Clean Bullish Move +1000 Pips| Swing Trading | AUDUSD in daily timeframe we witnessed a strong control over the growth of the price when we compare other USD pairs such as GBPUSD and EURUSD. This is mainly because the way AUD and Gold has been positively correlated to each other. In our view price will likely to grow in near time as many report suggest GOLD crossing $3000 if it happens then it would be very unlikely that price will remain quite and which why we can see a clean swing move worth of +1000 pips.
good luck and trade safe.
Levels discussed on livestream 17th July17th July
DXY: Look for price to retest 104 round number support and look at reaction. If price break 104 could trade down to 103.50
NZDUSD: Sell 0.61 SL 20 TP 50
AUDUSD: Sell 0.6710 SL 30 TP 70
USDJPY: Sell 157.10 SL 40 TP 120
GBPUSD: Buy 1.3010 SL 20 TP 80 (Hesitation at 1.3040)
EURUSD: Buy 1.0925 SL 20 TP 55
USDCHF: Sell 0.8890 SL 25 TP 55
USDCAD: Sell 1.3655 SL 20 TP 50
Gold: DXY weakness, price to trade higher, break 2480 up to 2500 or even 2520
The AUD/USD is set for a medium to long-term epic rally.FOREXCOM:AUDUSD
Since I began trading forex in 2008, I have focused extensively on the Australian dollar. Over the years, I have developed a profound understanding of this currency and the behaviors of its market participants. It is well-known that different currencies exhibit unique characteristics due to the distinct nature of their traders. The varying behaviors of these participants ultimately shape the currency’s inherent traits.
My deep knowledge of the Australian dollar's unique characteristics has enabled me to capitalize on its movements. In 2021, I achieved an extraordinary 10,000% annualized return by trading AUD-related currency pairs, thanks to my unconventional analytical framework.
At the current exchange rate, the AUD presents an excellent buying opportunity. We are witnessing directional capital flows in the market, a crucial indicator of a medium to long-term trend. I predict that the AUD/USD will reach the key level of 0.8 by the end of this year or early next year, and this rally is expected to unfold rapidly.
Bearish momentum returns for AUD/USDThe Aussie fell for a second day and mostly erased gains made from the prior six. Whilst it found support at the May high, the shift in momentum at 68c suggests there could be some further downside potential, even if just to 67c or the breakout level around 0.6690. The daily RSI (2) is not yet oversold either.
A bearish trend has developed on the 1-hour chart. Prices recouped some of their losses in the final hours of the NY session, although the low volumes suggest the move is corrective.
Bears could sell at market or fade into moves towards the 0.6740 area, near the weekly S1 pivot and 38.2% Fibonacci level. Bears could initially target the lows around the May high, a break beneath which brings 67c and 0.6690 into focus.
Potential bullish rise?AUD/USD has reacted off the support level which is an overlap support that aligns with the 50% Fibonacci retracement and could rise to our take profit.
Entry: 0.6712
Why we like it:
There is an overlap support level which lines up with the 50% Fibonacci retracement.
Stop loss: 0.6675
Why we like it:
There is a pullback support level.
Take profit: 0.6761
Why we like it:
There is an overlap resistance level which aligns with the 61.8% Fibonacci retracement.
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 Technical Analysis! SELL!
My dear friends,
Please, find my technical outlook for AUDUSD below:
The instrument tests an important psychological level 0.6782
Bias - Bearish
Technical Indicators: Supper Trend gives a precise Bearish signal, while Pivot Point HL predicts price changes and potential reversals in the market.
Target - 0.6772
About Used Indicators:
Super-trend indicator is more useful in trending markets where there are clear uptrends and downtrends in price.
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WISH YOU ALL LUCK
AUD/USD To Start A New Upside Move?A Hawkish RBA stance, likely to hold rates for some time is a contrast to a FED looking at a softer landing.
This difference, particularly in recent times has shown fully. AUD strength has been sustained, whereas lower inflation data has supported the case for easing and brought USD weakness.
After lower highs and higher lows have formed a tight price range, you can now see AUD pushing to the upside, towards new shorts zones above.
Likely this will continue as sentiment influx does likewise. Short Zones noted above inline with previous short zones (see above eclipse).
Long zones are ideal on any falls.
US Retail Sales & Cad CPI Data Pending16th July
DXY: Look for price to retest 104 round number support. Look for reaction at support. If BAD retail sales, price could break 104 to trade down to 103.50
NZDUSD: Look for reaction at support
Buy 0.6065 SL 20 TP 55 OR Sell 0.6040 SL 20 TP 55
AUDUSD: Buy 0.6750 SL 25 TP 50
USDJPY: Sell 157 SL 50 TP 120
GBPUSD: Buy 1.30 SL 20 TP 90
EURUSD: Buy 1.0925 SL 20 TP 55
USDCHF: Could trade down to 0.8920 and 089
USDCAD: Buy 1.3710 SL 20 TP 45 (CAD CPI Pending)
Gold: DXY weakness, price breaks 2450, could trade up to 2500