AUDUSDas i have previously posted, the market has held a consolidation range, this has changed the outlook of the analysis. there is still a bullish possibility, though it lacks momentum, this could be a bull trap followed by a smooth downtrend to the indicated levels.
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Audusdshortsetup
AUDUSD - FULL ANALYSIS BREAKDOWN & FORECAST ! WATCH THIS PAIR !Welcome traders to a free analysis breakdown.
Today I am highlighting possible trade ares on AUDUSD, if you any questions on the pair let me know in the comment section below.
Once the pair gives us a valid trade entry I will be sharing the trade with the Alpha community, I hope you all found this breakdown helpful .
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AUDUSD Potential Shorting Opportunity 4 Hour Chart 28 Sep 2028 September 2020 .....AUDUSD Daily... Is In A Down Trend.
Looking to get Short on the Retracement..... On the Smaller Time Frames.
There is a very good Supply Level on the 4 Hour Chart..... If the Price retraces to this level?
Has the Potential
for over
**** 200 PIP's ****
OANDA:AUDUSD
AUD/USD Technical analysis.Currently, AUD/USD is trading at 0.7058. The pair is trading in a down trend from some time and now moving towards the resistance level. It can rebound after touching resistance level and touch support level at 0.6992. Its entry price for short is at 0.7038 and target price is at 0.6992.
Follow proper risk management strategy to avoid unnecessary losses and to increase profitability, don't risk more than 2% of your capital on each trade.
Do follow us for future Forex trend analysis and Ideas.
Thank you,
Rishikesh Lilawat
AUD/USD moving in upward channel.Currently, AUD/USD is trading at 0.7303. The pair is trading in upward resistance and support channel and about to break its entry level. The price is moving towards its support level at 0.7200 and it can rebound back after touching support level. So, it it breaks the entry level at 0.7300, it may continue its down trend and can touch its target price ( support level ) at 0.7200.
Follow proper risk management strategy to avoid unnecessary losses and to increase profitability, don't risk more than 2% of your capital on each trade.
Do follow us for future Forex trend analysis and Ideas.
Thank you,
Rishikesh Lilawat
AUD/USD Technical Analysis.Currently, AUD/USD is trading at 0.6977. The pair may start a new down trend if it breaks the support level at 0.6953. Previously, the pair was trading in an up trend and is now moving towards its support level. The pair may start a new down trend if it breaks the support level, then its first target price will be at 0.6893 and the second target price will be at 0.6856.
Follow a proper risk management strategy to avoid unnecessary losses and to increase profitability, don't risk more than 2% of your capital on each trade.
Do follow us for future Forex trend analysis and ideas.
Thank you,
Rishikesh Lilawat
AUD/USD Technical Analysis.Currently, AUD/USD is trading at 0.6864. The pair started a new down trend after breaking support level and neck line at 0.6911. Previously, the pair was trading in an up trading while moving in an higher-high lower-low pattern. As the pair has already started a new down trend, its first target is at 0.6727 and second target is at 0.6613.
Follow a proper risk management strategy to avoid unnecessary losses and to increase profitability.
Do follow us for future Forex trend analysis and Ideas.
Thank you,
Rishikesh Lilawat
AUDUSD possible shortGood sell opportunity for AUDUSD.
Lots of setups:
- Fibonacci Cluster
- Previous Impulse on the 9th of March
- Elliot Wave Pattern with point 5 confirmed.
- Double Top
So you can enter now with
SL 0.6696 (above Fibo Cluster)
TP 0.62560 (point 4)
Or, if you want one more confirmation (and lower risk) you can wait for the neckline to be broken and short on the retest.
AUDUSD MAY CONTINUE DOWNTRENDAUDUSD pair may continue its downtrend after the pair just completed a rising wedge on their downtrend. The price just breakout from rising wedges but we still finding retracement to 0.64441 to support our ideas which is bearish trend. On top of that, the price may also start the bearish trend once hit the resistance zone which on 0.64004. As USD currently reporting good fundamental results, this may support the idea of bearish on AUDUSD pair. However, the analysis may also fail if the price break the resistance zone on 0.64004 to 0.64441. We see a lot of beautiful retracement on fibo retracement tools. The price keep bullish on support and bearish on resistance. We also see nice uptrend as the price breaking support on fibo retracement, and retrace to its support area and continue the uptrend. But, on current price movement, the price try to break the resistance on 0.618 fibo but does not happen. This may support the ideas of bearish movement may take place. 50EMA,100EMA and 200EMA indicates no proper trend on current price. Check out my analysis and comment !