Audusdsignal
AUDUSD DAILY, BREAK BELOW 0.7314 TURNED TO BEARISHAUDUSD broke below 0.7314 and hit 0.7165 target.
As I said in previous outlook, "But, Break below 0.7314 would potentially target 0.7165"
While below 0.7458 still bearish.
Break below 0.7134 potentially target 0.7086 & 0.6987.
Break above 0.7458 would open the way to retest 0.7555, 0.7616 & 0.7662.
AUDUSD | FOUND SUPPORT AUDUSD after breaking from falling wedge has completed our downside targets (Check last update on AUDUSD).
Currently price has reached to the minor support area which has been reactive in the past. We are watchful and may try to take some profit from the rise here.
Trade your levels accordingly.
AUD/USD LIKELY to go UP!HEy tradomaniacs,
AUD/USD is at an important key-level and likely to retrace as market-depth showing absorption by buyers at the bottom of todays opening-range.
Price is oversold, so it is likely to see profit-takes and so a retracement to the upside! Orderflow looks bullish for now!
What do you think?
AUDUSD | New perspective | Follow-up detailsBullish momentum appears to build up in the background as structure reveals a confluence of bullish trendline and key level around $0.74250 where we shall be looking forward to taking advantage of this bullish momentum right above this key level.
Risk Disclaimer:
Margin trading in the foreign exchange market (including commodity trading, CFDs, stocks etc.) has a high risk and is not suitable for all investors. The content of this speculation (including all data) is organized and published by me for the sole purpose of education and assistance in making independent investment decisions. All information herein is for your reference only and I take no responsibility.
You are hereby advised to carefully consider your investment experience, financial situation, investment objective, risk tolerance level, and consult your independent financial adviser as to the suitability of your situation prior to making any investment.
I do not guarantee its accuracy and is not liable for any loss or damage which may result directly or indirectly from such content or the receipt of any instruction or notification therewith.
Past performance is not necessarily indicative of future results.
AUDUSD SHORTS 📉📉📉Expecting bearish price action on AUDUSD as price is in a bearish market strucutre from a higher time frame perspective, price rejected with a high bearish momentum 0.74500 institutional figure. USD should be strong in a medium-long term perspective meaning AU should go down.
What do you think ? Comment below..
AUDUSDThe Australian dollar fell during the trading week, breaking below the 0.74 level. This was preceded by a massive shooting star at the 0.75 handle, so it all ties together quite nicely. I suspect at this point in time that any short-term rally that you get is more than likely going to be an opportunity to short this market again. That being said, a breakdown below the are where we are closing more than likely will send fresh sellers into the market.
AUDUSD | New perspectiveWith a key level identified at 0.74250 on the 4H timeframe; this level could be a yardstick that will guide us into the expected bullish momentum we are looking forward to if it finally happens. In this video, I have explained my doubts and expectation as price action is been monitored going forward.
Risk Disclaimer:
Margin trading in the foreign exchange market (including commodity trading, CFDs, stocks etc.) has a high risk and is not suitable for all investors. The content of this speculation (including all data) is organized and published by me for the sole purpose of education and assistance in making independent investment decisions. All information herein is for your reference only and I take no responsibility.
You are hereby advised to carefully consider your investment experience, financial situation, investment objective, risk tolerance level, and consult your independent financial adviser as to the suitability of your situation prior to making any investment.
I do not guarantee its accuracy and is not liable for any loss or damage which may result directly or indirectly from such content or the receipt of any instruction or notification therewith.
Past performance is not necessarily indicative of future results.
AUDUSD 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.
AUDUSDThe Australian dollar initially rallied during the week but gave back the gains to show signs of hesitation. The RBA initially shocked the market to the upside by dropping the word “patience” from the statement, thereby having people think that they were closer to raising rates. However, the FOMC minutes released were very hawkish, and we started to see money flow back into the US dollar. With that in mind, it does make a certain amount of sense that we have formed this massive shooting star right at a resistance barrier. I suspect we could very well pull back further from here.