Audusdsignal
DeGRAM | AUDUSD trend continuation AUDUSD made a lower low, indicating a bearish trend.
Price action is pulling back to the resistance level.
It is going to be a simple structure-based trade.
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AUDUSD: Gains will be capped!AUDUSD
Intraday - We look to Sell at 0.6880 (stop at 0.6925)
Buying pressure from 0.6764 resulted in prices rejecting the dip. The current move higher is expected to stall at trend line resistance. The bias is still for lower levels and we look for any gains to be limited. Preferred trade is to sell into rallies.
Our profit targets will be 0.6750 and 0.6540
Resistance: 0.6970 / 0.7130 / 0.7315
Support: 0.6780 / 0.6540 / 0.6000
Please be advised that the information presented on TradingView is provided to Vantage (‘Vantage Global Limited’, ‘we’) by a third-party provider (‘Signal Centre’ ). Please be reminded that you are solely responsible for the trading decisions on your account. There is a very high degree of risk involved in trading. Any information and/or content is intended entirely for research, educational and informational purposes only and does not constitute investment or consultation advice or investment strategy. The information is not tailored to the investment needs of any specific person and therefore does not involve a consideration of any of the investment objectives, financial situation or needs of any viewer that may receive it. Kindly also note that past performance is not a reliable indicator of future results. Actual results may differ materially from those anticipated in forward-looking or past performance statements. We assume no liability as to the accuracy or completeness of any of the information and/or content provided herein and the Company cannot be held responsible for any omission, mistake nor for any loss or damage including without limitation to any loss of profit which may arise from reliance on any information supplied by Signal Centre.
AUDUSD and NZDUSD top-down analysisHello 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.
AUD/USD forms double bottom: 0.727 in sight? The AUD/USD daily chart formed a double bottom at 0.685 last week, a level reached by the pair in mid-May before rebounding to 0.727.
A double bottom is a chart pattern that consists of two pretty equal lows separated by a tiny peak that creates a 'neckline.' It often occurs near the end of a downward trend and may foreshadow a positive reversal.
The last time a double bottom happened was in December 2021, after which the AUD/USD pair rallied 10% to its peak on January 5th.
This might potentially lead to a fresh advance to the 0.727 neckline, which, if broken, would confirm a bullish trend reversal.
The governor of the Reserve Bank of Australia, Philip Lowe, stated this morning that more hikes are likely in the coming months after raising its main rate from 0.35% to 0.85% on June 7, exceeding market expectations of a smaller move.
Inflation in Australia is expected to peak at 7% by the end of the year, according to the latest RBA's projections.
Audusd longsPotential Confluence support (blue) of HTF trend line and HTF support.
On break of LTF descending channel and minor resistance, bullish continuation is highly likely.
This scenario has not yet occurred at the time of publishing so stop loss should be adjusted to the lows that price will give and not just static.
AUDUSD😂These FVG are too good😂 , If u are trading AUDUSD just beware of those FVG level.
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🧅Disclaimer :There are risks associated with investing in securities. Investing in stocks, bonds, exchange traded funds, mutual funds, and money market funds involve risk of loss. Loss of principal is possible. Some high risk investments may use leverage, which will accentuate gains & losses. Foreign investing involves special risks, including a greater volatility and political, economic and currency risks and differences in accounting methods. This is Not Financial Advice
🧅JUST AN OPINION OF THE ONION.🧅
AUDUSD:MA to cap gains?!!AUDUSD
Intraday - We look to Sell at 0.7075 (stop at 0.7135)
We are trading at overbought extremes. The 200 day moving average should provide resistance at 0.7074. This is negative for sentiment and the downtrend has potential to return. We look to sell rallies.
Our profit targets will be 0.6900 and 0.6780
Resistance: 0.7130 / 0.7315 / 0.7500
Support: 0.6970 / 0.6780 / 0.6540
Please be advised that the information presented on TradingView is provided to Vantage (‘Vantage Global Limited’, ‘we’) by a third-party provider (‘Signal Centre’) . Please be reminded that you are solely responsible for the trading decisions on your account. There is a very high degree of risk involved in trading. Any information and/or content is intended entirely for research, educational and informational purposes only and does not constitute investment or consultation advice or investment strategy. The information is not tailored to the investment needs of any specific person and therefore does not involve a consideration of any of the investment objectives, financial situation or needs of any viewer that may receive it. Kindly also note that past performance is not a reliable indicator of future results. Actual results may differ materially from those anticipated in forward-looking or past performance statements. We assume no liability as to the accuracy or completeness of any of the information and/or content provided herein and the Company cannot be held responsible for any omission, mistake nor for any loss or damage including without limitation to any loss of profit which may arise from reliance on any information supplied by Signal Centre