AUD/USD Playing Good With Our Supp , Long Setup With 300 Pips This is an educational + analytic content that will teach why and how to enter a trade
Make sure you watch the price action closely in each analysis as this is a very important part of our method
Disclaimer : this analysis can change at anytime without notice and it is only for the purpose of assisting traders to make independent investments decisions
Audusdbuy
AUD/USD LIKELY to go UP!HEy tradomaniacs,
AUD/USD is at an important key-level and likely to retrace as market-depth showing absorption by buyers at the bottom of todays opening-range.
Price is oversold, so it is likely to see profit-takes and so a retracement to the upside! Orderflow looks bullish for now!
What do you think?
AUDUSD SHORTS 📉📉📉Expecting bearish price action on AUDUSD as price is in a bearish market strucutre from a higher time frame perspective, price rejected with a high bearish momentum 0.74500 institutional figure. USD should be strong in a medium-long term perspective meaning AU should go down.
What do you think ? Comment below..
Limited upside seen on AUDUSDOn the higher time frame, prices are testing key resistance and we could be seeing limited upside here. On the H1 time frame, a pullback to test the support area at 0.7420, in line with the 100% Fibonacci extension, 38.2% Fibonacci retracement provides an opportunity to play the bounce to our resistance target at 0.74800. This resistance target lines up with the 78.6% fibonacci extension level. Ichimoku cloud is showing signs of bullish pressure as well in line with our bullish bias.
AUDUSD LONG - Buy Entry - H4 ChartAUDUSD LONG - Buy Entry - H4 Chart
Buy @ Break of 0.72114
Symbol: AUDUSD
Timeframe: H4
Type: BUY
Entry Price: Buy @ Break of 0.72114
Resistance Becomes Support @ 0.72114
TP - Resistance @ 0.72961
TP - Resistance @ 0.73220
Support @ 0.71653