Audusdforecast
AUDUSD - CURRENT SITUATION AND FUNDA & TECHNICAL BIAS#AUDUSD
- According to the analysis we gave the previous day, the AUDUSD DOWN SIDE WAVE has been down about 75++ PIPS. We hope you get it anyway. It is still moving DOWN SIDE as we have given.
- Currently the MARKET SENTIMENT for AUD is on the UP SIDE. Due to RISK ON for AUDUSD, there is currently an UPSIDE BIAS for it. The main reason for that is because MARKET RISK is ON, STOCKS and COMMODITIES MARKETS are now slightly UP. It is heavily influenced by the Australian dollar.
- It is definitely possible to break the AUDUSD STRUCTURE and go up to the higher RESISTANCE LEVEL. Accordingly, AUDUSD can go down to 0.6364 LEVEL. And after that, AUDUSD can be BUY to the 0.6766 LEVEL if the MARKET SENTIMENT changes and STOCKS and COMMODITIES start going UP. For that, the MARKET STRUCTURE should be BREAKED..
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.
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