Audusdforecast
AUSTRALIAN DOLLAR / U.S. DOLLARThe Australian Dollar and the US Dollar pair belong the Majors, a group of the most popular traded pairs in the world. This pair's popularity soared because traders were attracted to the interest rate differential of the pair. This has waned in recent years due to economic volatility worldwide.
AUD/USD likely to move UP!Hey tradomaniacs,
looks like previous breakout could boost AUD/USD in short-term as risk-on continues in stocks.
The rate-hike tonight has shown that CBs are getting concerned about a slowdown in the economy.
We had more Risk-On due to worse ISM causing market to hope in less strong rate-hikes by FED. BAD NEWS are teh good news!
Setup not confirmed yet so I`m waiting for good bullish orderflow here.
What do you think?
AUDUSD top-down analysisHello traders, this is a complete multiple timeframe analysis of this pair. We see could find significant trading opportunities as per analysis upon price action confirmation we may take this trade. Smash the like button if you find value in this analysis and drop a comment if you have any questions or let me know which pair to cover in my next analysis.
GBPUSD,EURUSD and AUDUSD AnalysisHello traders, this is a complete multiple timeframe analysis of this pair. We see could find a significant trading opportunities as per analysis upon price action confirmation we may take this trade. Smash the like button if you find value in this analysis and drop a comment if you have any questions or let me know which pair to cover in my next analysis.
AUDUSD FOMC update!!
Hello traders, on FOMC we could see a significant movement on AUDUSD.
this is complete multiple timeframe analysis of this pair. We see could find significant trading opportunity as per analysis upon price action confirmation we may take this trade. Smash the like button if you find value in this analysis and drop a comment if you have any questions or let me know which pair to cover in my next analysis.
AudUsd- Where to buy for long term holding?There is no doubt about the trend in AudUsd's case, is down. However, looking at the bigger picture, we can see that this trend is in fact a correction of the strong impulse up started in March 2020.
Now the pair is facing strong horizontal support backed by the 50% Fibo of this leg up.
With DXY at 110 and very close to a correction, I expect AudUsd to find its bottom soon and, in the long run, reverse its trend.
0.65 can be a good place to look for a buy-and-hold trade.
AUD Pairs Analysis TodayHello traders, this is the full breakdown of this pair. We will take this trade if all the conditions are satisfied as discussed in the analysis. Smash the like button if you find value in this analysis and drop a comment if you have any questions or let me know which pair to cover in my next analysis.
Press like button if you enjoy this content 😊
AudUsd can break support and fall to 0.65At the beginning of the month, I draw attention to a possible H&S pattern for AudUsd and a new drop to the important 0.67 support.
The neckline was broken as expected and my target was reached.
Going further, re reversal took place and the neckline of the pattern was confirmed as resistance.
CPI data from the US reversed the gains for the pair and the daily candle engulfs the previous 2 very bullish days, giving us a very good signal that bears are strong also here (like in other USD pairs)
Yesterday is also a bearish engulfing candle formation and, in my opinion, there is a very high probability of a down break
As long as 0.69 is intact, sell rallies in search of a good R: R should be a good strategy considering 0.65 as the target.
AUD/USD potential buy trade at the demand levelSimilar to the other currencies, the Aussie dollar too got hammered against the US Dollar. However, it seems to have
found some footing in the demand level that I have highlighted in my chart.
As my trading strategy relies heavily on buying at supports, I would be looking to go long in AUD/USD@0.6710-0.6730
with a moderately placed SL below the support level and initial TP at 0.6850
AUDUSD forecast Update 🧐🌸 Risk warning, disclaimer: the above is a personal market judgment based on published information and historical chart data on trading-view, And only a few of these analyzes are my actual trades. I hope Traders consider I am not responsible for your trades and investment decision.
------------------------------
🌸 Please write any advice or suggestions.
Dear friends, request any cryptocurrency pair, currencies pair for forex, and any index that you want to be analyzed and ask any questions.
Thanks for your attention