Audusdlong
AUDUSD H1: Bearish outlook seen, further downside below 0.6750On the H1 time frame, prices are facing bearish pressure from the resistance at 0.6750, in line with the H4 supply zone, graphical resistance zone and 78.6% Fibonacci retracement. A pullback to the resistance zone at 0.6750 presents an opportunity to play the drop to the next support target at 0.6670, which coincides with the graphical resistance-turned-support level and Fibonacci confluence levels. Stochastic is testing resistance at 94.50 as well where we could see a reversal below this level.
AUDUSD - Daily Trade Idea - 24-Nov-22AUDUSD (LONG)- If all the support holds in place.
If we see the Support broken out then we could see the shift in the trend.
I marked the TP 1 (20 pips), TP 2 (50 pips) , TP 3 (100 pips) and EXIT (SL - 60 pips) on the chart.
(THIS IDEAS VALID NEXT 24 HOURS)
Please note this is only the Trade Idea base on S & R and not a signal, the market can react differently during the session due to News Impact and only enter if we have the final confirmation for entry.
- Rejection Candle Formation - Green Candle after the Red Candle.
- Stochastic - Oversold Area
- Timing of entry Prior / during UK / US Market Session.
AUDUSD - strong reversal 414\99\69a strong reversal of the AUD relative to the weakness of the dollar, this is also related to today's FOMC report and rate increases in the future, we have broken the descending line, but I don’t see any sense in talking about numerology, who needs to understand, who doesn’t just have a long stop indicated on the chart. All profit do not forget to like if you liked the idea
AUDUSD - Bullish price action ✅Hello traders!
‼️ This is my analysis on AUDUSD.
Here we are bullish from H4 timeframe perspective, so I am looking for longs. I expect price to continue bullish price action after rejecting from bullish orderblock. My target is buy stop liquidity and imbalance higher.
Like, comment and subscribe to be in touch with my content!
AUDUSD - Daily Trade Idea - 23-Nov-22AUDUSD (LONG)- If all the support holds in place.
If we see the Support broken out then we could see the shift in the trend.
I marked the TP 1 (20 pips), TP 2 (50 pips) , TP 3 (100 pips) and EXIT (SL - 60 pips) on the chart.
(THIS IDEAS VALID NEXT 24 HOURS)
Please note this is only the Trade Idea base on S & R and not a signal, the market can react differently during the session due to News Impact and only enter if we have the final confirmation for entry.
- Rejection Candle Formation - Green Candle after the Red Candle.
- Stochastic - Oversold Area
- Timing of entry Prior / during UK / US Market Session.
AUDUSD: BULLISH Market Analysis! Watching for CONTINUATIONHello, everybody and welcome to Cybernetics Trading Lab, today we are going to analyse the AUDUSD, translating the market information by using a full technical analysis on different time frames, giving you a personal opinion about the next most likely market movement and helping you to spot and manage market opportunities.
Top Down Technical Analysis:
In high time frame, the market has been moving since a while inside a big corrective structure, forming many patterns within patterns.
At the end of October, it broke the LTF descending channel, pumping up with a strong impulsive upward move.
The price is currently at the top of the HTF structure, correcting, most probably to prepare for the next further bullish movement.
When, where and why would we step into the market?
Considering the overall still bullish momentum, we will be looking to enter long if we get the right confirmation, a breakout of the LTF flag with a further correction will be enough to enter this market, targeting the next swing high at about 0.69000.
However, the correction could spend more time before be completed, so without a clear breakout, no action will be taken on this market.
If you enjoy this trade idea, please support our work with a thumb up and don’t forget to follow our social medias!
Sincerely,
Cybernetics Trading Lab
DISCLAIMER
Please note the views are not investment advice and should be used only for educational purpose.
AUDUSD Targeting A Test of .6887Technical & Trade View
AUDUSD
Trade View
Bias: Bullish Above Bearish below .6560
Technicals
Primary support is .6560, watch for bullish reversal patterns here
Primary upside objective .6887, .6930/50 in extension
Next pattern confirmation, acceptance above .6740
Failure below .6550 opens a test of .6500
20 Day VWAP bullish, 5 Day VWAP bearish
Institutional Insights
Analysts at Credit Agricole note ‘While the Australian economy remains strong, the RBA believes it can be less aggressive than the Fed as Australia is not experiencing a wage-price spiral like the US. A falling Australian-US rate differential along with China’s weak growth will keep the AUD under downward pressure in the coming 3-6M. A soft economic landing locally and globally and recovery in China’s growth improve AUD/USD’s prospects from mid-2023 onward’
AUDUSD Forecast: Swing Trade IdeaHey trader,
As you can see the price is currently bearish running below the double tops L1, 50, and bearish crossed short-term MAs. It is expected to drop the patterns L2 & L3 together for the 200 MA (visible in my MT5 chart). But this bias will be fully confirmed once the price has bearishly closed and retested below the 1st 4H Key Lvl and 50 MA. If the price instead decides to dramatically bullish break and retest the 3rd Monthly Key Lvl and 21 MA, the signal will be rejected.
With that in mind, take the trade at your own risk, because this is not financial advice. I'm just sharing my point of view, which you also can do the same in the comments section below.
That's it for today. I hope you found value in this article. If you want to see more trade ideas and mindset tips, browse the articles listed below and hit the follow button to be notified whenever a new post has been published.
-Sphatrades.
AUDUSD H1: Bearish outlook seen, further downside below 0.67200On the H1 time frame, prices are testing the support zone at 0.67200, in line with the 23.6% Fibonacci retracement where a break below this zone could provide the bearish acceleration with further downside seen to the next support target at 0.65500. This 0.6550 support zone lines up with the 61.8% Fibonacci retracement. Failure to break below the 0.67200 support zone could see prices push higher to test the resistance at 0.68000. Prices are holding below the Ichimoku cloud as well, supporting the bearish bias.
AUDUSD - Short from bearish orderblock ✅ Hello traders!
‼️ This is my analysis on AUDUSD .
Here we are in a bearish market structure from daily perspective, so I am looking for shorts. I expect price to continue the retracement to fill the imbalance and then to reject from bearish orderblock.
Like, comment and subscribe to be in touch with my content!
AUDUSD buy setup4h
price is in uptrend making three touches at ascending trend line
Currently the price has brocken and closed above support and resistance level which alighn with 0.5% of Fibonacci retracement tool
1h
I will long when price retrace back and retest the support level with a valid rejection candle for extra confirmation
AUDUSD.6760 Target Achieved, New Pattern EmergingAUDUSD Bias: Bullish Above Bearish below .6650
.6760 Target Achieved, New Pattern Emerging
Technicals
Primary support is .6650
Primary upside objective is .6900
Next pattern confirmation, acceptance above .6775
Failure below .6620 opens a test of .6550
20 Day VWAP bullish, 5 Day VWAP bullish
Today’s New York Cut Option Expiries: N/A
AUDUSD M30: Bearish outlook seen, further downside below 0.67150On the M30 time frame, prices are showing bearish order flow and facing bearish pressure from the resistance at 0.67150, in line with the graphical resistance zone and 61.8% Fibonacci extension. A pullback to the resistance zone at 0.67150 presents an opportunity to play the drop, with further downside seen to the support zone at 0.6630, which is the H4 demand zone. This 0.6630 support zone lines up with the graphical support and 61.8% Fibonacci retracement. Stochastic is testing resistance at 96.33 as well where we could see a reversal below this level, in line with prices.
2X AU 4HR Tech. Analysis!AUDUSD has formed a head and shoulders on the 4hr and carried a lot of bullish momentum going into the end of last week. IF price breaks past the order block and neckline we will know that the bearish trend continues! If price breaks the resistance level then we will play it to the trend line! As of now this seems to be a short term reversal to the upside trendline!