AUDUSD is changing the trendHi there,
AUDUSD is changing the trend, as we can see we made a lower high on Monthly timeframe, and completed all 5 waves after we made some corrections in the trend
Its now ready for a new trend.
Look at smaller timeframes for the entry, Im waiting 0.79 to place sell
Target on Monthly timeframe is the mentioned in the chart, we will make new lows.
Good Luck
Audusddaily
AUD/USD - CLOSE TO OVERSOLD (BUY AREAS)Technical Overview: - AUD/USD
Check out our previous posted analysis -
Australian Dollar had been bullish for a long time following the printing of the US Dollar
The more you have of something the less valuable it becomes, the feds had been printing day and night and they are not planning on stopping any time soon..
Just recently stimulus package was passed in the senate house leading to more printing, while the DXY can squeeze into highs, the outlook remains bearish
Higher Time Frame - Last week we tapped into our buy zones after selling off and causing slippage due to NFP, on Friday late in the week
we may see this bullishness carry over from this zone and continue to possibly see more bullishness over the week but for us to get a new entry we need to see lower pricing
ideally in the lower zone
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.
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AUD/USD - GOOD PLACES TO BUY!Technical Overview: - AUD/USD
Check out our previous posted analysis
Recently we had seen the Australian Dollar get stronger and we had been waiting for price to sell off.
We were not able to add any long position without any sell off, we had entered on long position from previous weeks analysis but for those who have not have the chance, we may be looking at new buying opportunities.
We have seen the DXY move to the upside, however with the current printing it is very likely that the Dollar is headed even lower for now.
From a smaller time frame we are expecting to continue this bullish run however we are not able to enter unless we get price falling down to our buy potential points of interest.
If you have missed or were not able to enter from previous analysis, we will need to see the potential this week before we can buy to our ultimate target riding this bullish momentum.
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 Multi-Timeframe analysis (UPDATE)Hi Traders
Quick Update
H4 Chart
Target 1 at 0.78522 has been reached. We closed 50% of our position and have moved the stop loss at the lock-in-profits level at 0.77726 . Provided the market conditions will remain the same Target 2 will be reached soon.
Support Resistance
0.77552 0.77708
0.77119 0.78044
0.75630 0.78522
AUD/USD MORE BUY OPPORTUNITES!Technical Overview: - AUD/USD
Check out our previous posted analysis
As mentioned, we have tapped into our POI which is where was buy orders resting from the big suits and ties
Many people don't realize the amount of R:R they can make by simply following simple rules.
We do anticipate price to come down to give us a chance to enter targeting upside.
If you are a seller it is a good time to sell, but we want to be be trading with the flow and it is currently up.
From a smaller time frame we are expecting to continue this bullish run however we are not able to enter unless we get price falling down to our buy potential points of interest.
If you have missed or were not able to enter from previous analysis, we will need to see the potential this week before we can buy to our ultimate target riding this bullish momentum.
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-150 pips potential drop. In yesterday's comment, I said that I expect 0.78 zone to hold strong as resistance and so far I'm right.
In the past 24h AudUsd spiked twice to 0.7770 and it looks like it formed a small H&S on h1 time frame.
I expect Aussie to drop to at least 0.76 in the coming trading sessions and confirmation for this comes once the price closes under 0.7725
AudUsd- I expect 0.78 to holdAudUsd has started the year with a correction mood and the pair dropped from 0.78 zone to 0.76 zone support.
A recovery followed and Aussie made a new attempt to conquer this resistance.
Yesterday we have a bearish engulfing from this zone which could mean that the pair is ready to roll down.
Targets for sellers are 0.7650 and 0.7600 and a daily close above resistance would put a pause in this correction scenario
AUD/USD - TARGETING UPSIDE SELL ORDERSTechnical Overview: - AUD/USD
Check out our previous posted analysis
As mentioned, we have tapped into our POI which is where was buy orders resting from the big suits and ties
As price is starting to reach our longer term target mentioned from previous analysis, we are not adding to our position simply because price is currently too high for us to so.
As investors, we need to find where price is most likely going to stop to get gas before continuing the ride.
HTF - Price is in it's bullish momentum targeting weekly target which we had labeled as our long term target.
We do expect price to start to see bearish momentum kick in once we do reach our selling pressure zone.
From a smaller time frame we are expecting to continue this bullish run however we are not able to enter unless we get price falling down to our buy potential points of interest.
If you have missed or were not able to enter from previous analysis, we will need to see the potential this week before we can buy to our ultimate target riding this bullish momentum.
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 SELL OPPORTUNITY Sounds like to give another chance to sellers to enter
...Take it into consideration anything can be possible to happen, if it breaks up the resistance level this idea would be failed.
You never quite know where the next big wave or gust of wind is coming from, but you know it is out there.