Audusdsignal
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.
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.
⭕️BUY AUDUSD ; It's time to buy🚀🔰You can see the analysis of the Australian dollar to the US dollar currency pair in the one-hour time frame (AUDUSD_ 1H)💣🔍
💥Due to the fact that the price was able to break the Down trend line🖤 and then pullback💜 to it, the price can have upward🔺 Resistance🧡
SUPPLY and DEMAND zones are indicated in the picture👌
Do you think this analysis can be profitable❓
I hope the analysis was useful for you🤍🌹
📌Please introduce the channel to your friends 🙏🏻
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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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AudUsd can break support and fall to 0.65At the beginning of the month, I draw attention to a possible H&S pattern for AudUsd and a new drop to the important 0.67 support.
The neckline was broken as expected and my target was reached.
Going further, re reversal took place and the neckline of the pattern was confirmed as resistance.
CPI data from the US reversed the gains for the pair and the daily candle engulfs the previous 2 very bullish days, giving us a very good signal that bears are strong also here (like in other USD pairs)
Yesterday is also a bearish engulfing candle formation and, in my opinion, there is a very high probability of a down break
As long as 0.69 is intact, sell rallies in search of a good R: R should be a good strategy considering 0.65 as the target.