Audusdlong
AUD/USD Possible Upward Move(200pip)!Hello Traders
AUD/USD Inflation result is getting closer and we can see little moves happening in this pair.
So here is why we are bullish on AUD/USD:
1- RSI and Stochastic are rising (1hr TF) and showing RD+.
2- ZONE 1 has been weakened now (by attempting several tries to break it).
3- Possible Double bottom formation.
Target have been shown in the chart.
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Team Fortuna
-RC
(Disclaimer: Published ideas and other Contents on this page are for educational purposes and do not include a financial recommendation. Trading is Risky, so before any action do your research.)
AUDUSD - Daily Trade Idea - 24-Oct-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 trading the consolidation zone!Will be looking for rejections on either side of each support and resistance within this consolidation zone we have created on the 4hr.. Possible rejection for a reversal? we never know and id rather be positioning myself for entry's to try catch it if we see that scenario.. but also as always never forget overall downside direction the the different time zones!
AUDUSD - Potential Long Price action was trading correctively forming a descending nature. When this occurs within the market, it suggests that the bearish momentum cannot be sustained and that price action may be setting itself up for a bullish move. Looking to see if price will retest 0.62669 before continuing long.
Wed 19th October 2022 AUD/USD Daily Forex Chart Buy SetupGood morning fellow traders. On my Daily Forex charts using the High Probability & Divergence trading methods from my books, I have identified a new trade setup this morning. As usual, you can read my notes on the chart for my thoughts on this setup. The trade being a AUD/USD Buy. Enjoy the day all. Cheers. Jim
AUDUSD - Daily Trade Idea - 19-Oct-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.
AUD/USD Made Inverted Head And Shoulders,But Still Not ConfirmedThis Is An Educational + Analytic Content That Will Teach Why And How To Enter A Trade
Make Sure You Watch The Price Action Closely In Each Analysis As This Is A Very Important Part Of Our Method
Disclaimer : This Analysis Can Change At Anytime Without Notice And It Is Only For The Purpose Of Assisting Traders To Make Independent Investments Decisions.
AUDUSD M30: Bullish outlook seen, further upside above 0.6260On the H1 time frame, prices are approaching the support zone at 0.6260 which coincides with the 61.8% Fibonacci retracement level. A throwback to this 0.6260 support zone presents an opportunity to play the bounce to the next resistance zone at 0.63600. This resistance zone is also a graphical resistance zone in line with the Fibonacci confluence levels. Prices are holding above the Ichimoku cloud as well, supporting the bullish bias.
AUDUSD - Daily Trade Idea - 18-Oct-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.
AUD/USD likely to move Up!Hey tradomaniacs,
well... market is crazy so be cautious with all trades as market doesnt really know what to price in.
So far the previous CPI data were first shocking but voerall showing the we could have seen the peek which is good for stocks & Co.
Nontheless there is still much to look at so I dont expect clear risk-on or risk-off the next weeks.
Technically we see a fakeout, breakout and now a nice retracement to go long.
What do you think?
AUDUSD - Daily Trade Idea - 14-Oct-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 M30: Bullish outlook seen, limited upside above 0.62650On the M30 time frame, prices are approaching the support zone at 0.62650 which coincides with the Fibonacci confluence levels. A throwback to this 0.62650 support zone presents an opportunity to play the bounce to the next resistance zone at 0.63300. This resistance zone is also a graphical resistance zone in line with the 100% Fibonacci extension. Prices are holding above the 50 EMA as well, supporting the bullish bias.