Audusdanalysis
AUDUSD - Bearish continuation ✅Hello traders!
‼️ This is my perspective on AUDUSD.
Technical analysis: As I expected in my previous analysis price rejected from daily bearish order block and changed the character on 1H timeframe. Now I will look to add shorts position, so want price to continue the retracement to fill the imbalance higher and then rejects from there.
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AUDUSD Daily Analysis AUDUSD has been ranging since early this year, while I took some trades within the range, I was anticipating a breakout from the support for a short trade. Market broke out as anticipated but reversed back inside the due to fundamental news that pushed the price even above the resistance level.
The confusing part is that price is back into the range. While I'm presently expecting a further drop in price, I know price could possibly continue the uptrend as this could just be liquidity grab
What's your thought on this? Like and comment below
AUD/USD: Perfect Bearish Leg!As we said in our latest analysis about FX:AUDUSD pair (see chart below), our resistance area has worked properly, and pair has triggered a bearish leg. Having said that, drop has been fast and this confirmed the resistance validity. From a technical point of view, we are now looking for a continuation or reversal pattern on intraday chart. In the next sessions, the pair could give us a clear signal, even if we already have some ideas in mind...
RESISTANCE ANALYSIS
(Click on Chart below)
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AUD/USD best level to sell? + 385 Pips potentialDear traders, AUD/USD has been in a relentless uptrend for the last 2 weeks
or sell. Post FOMC, Price spiked up rather quickly.
However, it is possible that the spike was a melt-up scenario and AUD/USD
may have reached the top. So, in case the resistance level at 0.69 holds,
we can consider a potential sell set-up in AUDUSD@0.6880-0.69 with SL
above the resistance and swing TP at 6460 .
AUDUSD - Expect bearish price action ✅Hello traders!
‼️ This is my perspective on AUDUSD.
Technical analysis: Here we are in a bearish market structure from daily perspective, so I am looking for short position. I see price to reject from bearish order block + institutional big figure 0.69000 for a new expansion lower.
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AUDUSD: Short Term rally continuation?Technically speaking, the FX:AUDUSD pair has triggered an interesting rally during the past week, and this swing could still continue with the development of a 1-2-3-4-5 impulsive structure in near term.
If we look at intraday chart, on 1H time frame, the pair should trigger some pullback (or corrective structure) which could be used to take long position.
Trade with care!
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4.26% AUD/USD Plunge: Short and Win!Technical Analysis:
Trend Line Breakout
Focus on Targets:
It is advisable to monitor the targets and their progress.
SL Touch and Re-entry:
In case the stop-loss (SL) is reached, and I decide to re-enter, I will share the details of my re-entry.
Feedback is Welcome:
Please feel free to provide your valuable feedback.
Potential Sell in AUD/USD if the resistance level holdsDear traders, AUD/USD has been in an uptrend for the last few days.
However, price has not been able to break the resistance level
that I have highlighted in my chart.
Keep in mind, that we have the FOMC event later in the day which could
lead to a lot of volatility in the AUD/USD pair. So, be very cautious with
your entry.
That being said, if bearish price action forms in the resistance level,
traders can consider selling AUD/USD@0.68 with SL above resistance
and TP at 0.66.
68c is the next line in the sand on AUD/USDThe Aussie has seen an impressive short-covering rally over the last couple of weeks, where large speculators were had their most bearish net-exposure since September. Another ‘surprise’ RBA hike (to some…), calls for a Fed pause, stimulus from China and higher have helped it recoup losses sustained since the May high. And our attention now shifts to the FOMC meeting and tomorrow’s Australian employment report to see where it will go next.
The fact the rally has stalled around 68c makes sense, as this is the area it has struggled to hold above since the RBA paused their tightening cycle back in July. We have seen four failed attempts to close above 68c on the daily chart, and nine failed attempts to close above 0.6782 since that meeting – which makes this a pivotal zone for traders to focus on.
It’s not impossible to expect the Fed will be more hawkish than some anticipated despite weaker inflation, given there’s no appetite to deliver a dovish punchline with inflation still at historically high levels. But that could help AUD/USD break beneath yesterday’s bearish hammer and head towards the 0.6700 / 0.67100 zone, especially if Australia’s employment report comes in soft tomorrow (which reduced pressure on the RBA to hike).
But if the Fed surprise with a dovish pause and AU employment is strong, then a break (and daily close) above 68c seems feasible as bears ‘caught short’ continue to capitulate and bulls bet on another RBA hike.
AUDUSD 13June2023there is a change in the elliot notation for this pair. looking at the bullish pattern that occurred, this is not a correction model, but an impulse bullish. It could be the escort of the bullish trend. I suggest that if you want to buy, it's better to hold and wait for the SnD area in the middle.
AUD/USD best level to sell for + 190 PipsDear traders, check out the chart image and you can see that AUD/USD
is struggling to break the resistance level. The likelihood of a decline
in AUD/USD is increasing after the price hits the resistance level.
Sell AUD/USD@6785-.6810 with SL above resistance and initial TP at 0.66
#AUDUSD- 230+ PIPS CLEAN SELL SETUP❤️Dear Traders,
-Hope you had a great weekend, FX:AUDUSD is on bullish trend, price have break out number of structures and retested all buying zone and respected it, now in our analysis. We wanted to make everything clear, price will come to our 'premium selling zone' area; where we want an nice clean move of 230+ pips after which we may see some bullish price movement.
-Once price rejected at our area and drops from there, enter a sell entry with 40- 50 pips with a good 'risk management'.
as always have a good mindset before you analysis or trade; emotions turns good trades to bad once.
AUD/USD Best level to sell + 170 PipsDear traders, AUD/USD is slowly reaching a long-term resistance level on the
8H chart from where price could fall if bearish price action takes place
at the resistance level.
Based on the above information, traders can consider selling AUD/USD@0.6800
with SL above the resistance zone and TP at 0.6630 . However, keep in mind
that you should only sell if price struggles to break the resistance and multiple bearish
candlesticks form at the resistance level .
Buying AU Following HTF bullish trendWe saw a trend change on HTF and daily supply failed, so we wanted more confirmation to switch to buys, and its always visible on HTF
4H
as we see, a big up move and we are yet to mitigate HTF supply, so we for sure not looking to take shorts for now
15m
now as we seeing price struggle to go lower and take out the lows and only seeing HH and HL its time to read whats on LTF
5m
everything is mitigated on 5m, so no need for price to go lower (unless it needs more liquidity, or we see major news out)
1m entry
as we see, price is inducing sellers on that HTF weak supply, initiating mini supply chain on 1m JUST TO BUILD LIQUIDITY and then SWEEP IT
will update it as it moves.. lets see
DeGRAM | AUDUSD trend continuation AUDUSD broke and closed above the psychological level at 0.67000.
The market broke out of the resistance that became a support.
Price is creating a potential AB=CD pattern.
We expect a classic breakout pullback continuation pattern.
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