AUD/USD - BULLISH MOMENTUM (WHERE TO PICK UP)Technical Overview: - AUD/USD
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AudUsd- the range should be resolved soon enoughSince mid-April, AudUsd is trading in a range, and, if we ignore the spike up, the pair moved between 0.77 and 0.78
The trend is clearly up and this, combined with a very weak USD, gives me reasons to suspect an upbreak.
However, I will wait for a clear break above to enter a trade
AudUsd- to break above 0.8?After a first attempt to break above 0.8 at the end of February, AudUsd corrected and found strong support in 0.76 area.
A rebound and more than one month of consolidation followed.
At this point, the pair looks determined to break this consolidation to the upside and we can see the pair going above 0.8
0.77 si very strong support now and only a breakdown would delay this bullish scenario
AUDUSD - FOREX - 17. MAY. 2021Welcome to our weekly trade setup ( AUDUSD )!
-
1 HOUR
Bullish price action!
4 HOUR
Closure above main sr level..
DAILY
Expecting more upside pressure..
-
FOREX SETUP
BUY AUDUSD
ENTRY LEVEL @ 0.77680
SL @ 0.76990
TP @ 0.78670
Max Risk: 0.5% - 1%!
(Remember to add a few pips to all levels - different Brokers!)
Leave us a comment or like to keep our content for free and alive.
Have a great week everyone!
ALAN
AUDUSD - FOREX - 04. APR. 2021Welcome to our weekly trade setup ( AUDUSD )!
-
1 HOUR
Closed above main sr level.
4 HOUR
Overall bullish pressure towards previous highs.
DAILY
Looking for another push to the upside.
-
FOREX SETUP
BUY AUDUSD
ENTRY LEVEL @ 0.77430
SL @ 0.77020
TP @ 0.78040
Max Risk: 0.5% - 1%!
(Remember to add a few pips to all levels - different Brokers!)
Leave us a comment or like to keep our content for free and alive.
Have a great week everyone!
ALAN
AUD/USD - BUY POTENTIAL APPROACHING AS SELL OFF CONTINUESTechnical Overview: - AUD/USD
Analysis is only 1 piece of the puzzle 🧩
Our analysis is a sentiment for the upcoming week, month.
Use this as a weather forecast, you are the person that has to put on a jacket when it’s raining.
Trade this sentiment based off your own entry strategy at the right time.
Flow with the Devil 😈
Trade with the manipulation👾
AUD/USD - BULLISH MOMENTUM (WHERE TO PICK UP)Technical Overview: - AUD/USD
Analysis is only 1 piece of the puzzle 🧩
Our analysis is a sentiment for the upcoming week, month.
Use this as a weather forecast, you are the person that has to put on a jacket when it’s raining.
Trade this sentiment based off your own entry strategy at the right time.
Flow with the Devil 😈
Trade with the manipulation👾
AUDUSD, 4hr tf, buy the end of wave-ivAs you can see, price now at wave-iv.
There is a possibility wave-iv will end at 0.7705-7700 which is the 50% fibonacci retracement of wave-iii.
We might see one more upwards movement from AUDUSD before price declining once again.
Buy AUDUSD 0.7705
Stop loss 0.7670
Take profit 0.7840 (3.8R)
Use 1-2% risk only
Good luck
AudUsd could rise to 0.7850 resistanceAfter finding strong support and bids under 0.76, AudUsd has risen and broken above the descending trend line which can signal that the correction is over and the pair is resuming its uptrend.
Now Aussie is consolidating gains above 0.77 support and a new leg up could follow
In my opinion, dips towards this support should be bought and only a drop under 0.7650 would negate this scenario
Regards
Mihai Iacob