AUD USD Bat forming I hope everyone enjoyed the Gold bat yesterday, I felt nervous about publishing it as everyone in the chats was saying to buy gold at the news. Anyway, all was good, and all the guys at XAU USD Elite earnt lots of lovely profit. It proves that if your strategy is sound then you always go with it, do not be swayed by others.
Anyway, here we are with the AUD USD, and a bat is forming. We know the rules; if it doesn't reach point D then the bat fails, we press delete, and go and find more bats.
Published 21st September 10:45am UTC+1
Audusdsignal
"AUDUSD: Bullish Momentum Towards 0.6700+"AUDUSD is anticipated to experience an upward trajectory in the near future. The price recently reached a crucial support level at approximately 0.6400, and subsequently, the market exhibited a notable surge in momentum.
This positive price action suggests a potential bullish trend in the making. Traders and investors can reasonably expect the price to ascend towards the prominent resistance zone between 0.6700 and 0.6740, where a trendline convergence may offer significant trading opportunities.
AUDUSD BUY 0.6430
TP1 - 0.6700
TP2 - 0.6740
SL - Join Our Channel
AUD/USD Navigates Volatile Waters: Analyzing Barriers/CatalystsThe AUD/USD pair is currently in a volatile state due to conflicting signals from macroeconomic trends in China and the United States. A strong resistance level at 0.6485 makes it difficult for upward momentum to develop. China's positive economic data offers some upside for the AUD, while the US dollar's strength creates downside risk.
TRADE IDEA DETAILS
CURRENCY PAIR: AUD/USD
CURRENT TREND: Sideways, with resistance at 0.6485
TRADE SIGNAL: Neutral (Caution advised)
👉ENTRY PRICE: 0.6450 (only if you see a confirmed breakout above 0.6460)
✅TAKE PROFIT: 0.6500 (if the breakout happens, targeting the next psychological level)
❌STOP LOSS: 0.6420 (below the lower boundary of the current range)
ANALYSIS:
The currency pair is facing strong resistance at 0.6485, making a 'Buy' signal risky unless a confirmed breakout occurs above 0.6460. With the Chinese economic indicators being positive but the US Dollar being strong, we're essentially in a market tug-of-war, contributing to a sideways trend. Given this, a cautious approach is warranted. For a 'Sell' signal, additional downward pressure would need to manifest, possibly from US economic data.
FINAL THOUGHTS:
The current conflicting macroeconomic indicators from China and the US are resulting in a sideways trend. In this setup, caution is advised. It's essential to watch for definitive signals in either direction before entering the market.
AUDUSD SHORT!!!Hey Traders!
What we see on AU is quite clear, we making a bearish structure in LTF, so we have permission to enter with half risk without confirmation from HTF,
So guys manage your risk not more than 0.5%,
I will update you if I see any sign of bullish move,
Good luck,
Any question comment me bellow!
@FxShd Team
AUDUSD SHORT TermVSELLING Trading IdeaHello Traders
In This Chart AUDUSD HOURLY Forex Forecast By FOREX PLANET
today AUDUSD analysis 👆
🟢This Chart includes_ (AUDUSD market update)
🟢What is The Next Opportunity on AUDUSD Market
🟢how to Enter to the Valid Entry With Assurance Profit
This CHART is For Trader's that Want to Improve Their Technical Analysis Skills and Their Trading By Understanding How To Analyze The Market Using Multiple Timeframes and Understanding The Bigger Picture on the Charts
DeGRAM | AUDUSD confluence at the resistance AUDUSD is trading in the descending channel and has made lower lows.
The price rebounded from the channel border resistance and fibo level.
Price action formed a kill zone for the short opportunity: fibo level 50.8% and dynamic resistance and divergence as extra confirmation.
We expect a bearish move from the kill zone.
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AUD/USD looks set for a retest of 65cDespite strong data from the US and weak data from China over the past few weeks, AUD/USD bears have failed to keep the Aussie below 64c. Even a strong inflation report from the US on Wednesday resulted in the Aussie springing back above that key level.
Since then, we have seen the pair break a retracement line on the 1-hour chart as part of a bullish breakout ahead of the Australian employment report. The okay jobs numbers provide no reason for bears to jump in, but it has pulled back from current cycle highs.
AUD now looks good to bullish eyes around current levels, and a move towards 65c is favoured as long as prices remain above 64c (although tighter risk management could be used as 0.6410 as an invalidation point).
audusd buy. Don't forget about stop-loss.
Write in the comments all your questions and instruments analysis of which you want to see.
Friends, push the like button, write a comment, and share with your mates - that would be the best THANK YOU.
P.S. I personally will open entry if the price will show it according to my strategy.
Always make your analysis before a trade
AUD/USD IN 15 MINS TIMEFRAME.The AUDUSD is likely to reach the support level and then bounce back. If you are trading on AUDUSD then wait for the drop and make your entries precisely. A close below the support level will invalidate this forex trade.
Note: This update is only meant for scalping trade and not for mid to long-term holdings. DYOR before investing.
AUDUSD I Downside bias and short-term potential longWelcome back! Let me know your thoughts in the comments!
** AUDUSD Analysis - Listen to video!
We recommend that you keep this pair on your watchlist and enter when the entry criteria of your strategy is met.
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AUDUSD SHORT DO YOU AGREE?Has we can see all bearish PD Array are being respected and on Daily timeframe, we can see a bearish --breaker forming, Now moving to the 4H timeframe we can see an Orderblock that is yet to be mitigated which will be a potential area for a market structure shift which is my point of interest for a short entry.
AUDUSD Analysis 1Sep2023Seeing the movement in the last few days, Audusd is likely to be correction with a bullish target in the SND area above. The price has not changed to the bullish trend as long as it hasn't risen more than the SND area. Although at this time the price has break Trendline bearish and forms 2x new high, but has not met the requirements indicating a positive price reversal
AUDUSD Long Term BUYING Trading IdeaHello Traders
In This Chart AUDUSD HOURLY Forex Forecast By FOREX PLANET
today AUDUSD analysis 👆
🟢This Chart includes_ (AUDUSD market update)
🟢What is The Next Opportunity on AUDUSD Market
🟢how to Enter to the Valid Entry With Assurance Profit
This CHART is For Trader's that Want to Improve Their Technical Analysis Skills and Their Trading By Understanding How To Analyze The Market Using Multiple Timeframes and Understanding The Bigger Picture on the Charts
EURUSD and AUDUSD Top-down analysis Hello 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.