The 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...
The AUD/USD pair faces downward pressure amid a resilient US Dollar, hitting 10-week highs. While US investors anticipate potential tightening of the Federal Reserve's interest rate policy, Australian inflation softening supports an unchanged rate by the RBA. Technical indicators point to mixed sentiment with bearish bias. Market eyes are on the US PMI data for...
The current market conditions for the #AUDUSD pair are mixed, with a number of fundamental factors impacting its performance. While the RBA's surprise interest rate hike provides some support for the Australian dollar, the mixed Chinese trade data, risk-off sentiment, follow-through USD buying, and less hawkish outlook from the Fed are exerting downward pressure...
Analysis: Inverted Cup and handle in 1 hr time frame In 4 Hrs Time frame possible Head and Shoulder neck line intact. In 1 hour also Bearish Flag in process but still lowest point of flag in not breached. Short Call, Short on strength bases. TRADE PALN: SELL STOP 0.90399 STOPLOSS 0.91046 TARGET 1 0.89783 TARGET 2 0.89149
AUDUSD Shorting AUD here as DXY seems to be breaking out after relentless selling and there is clear structure in the AUDUSD making it the ideal candidate to short.
It didn't take long for price to reach the 0.71400 level and I had a sell limit right there. Normally, I would have waited for price to react to the level, but I don't think there's a lot of potential or neither strength for an ongoing upside here, so here we go! Now we are off to a 1:2 Risk:Reward in AUDUSD. I'll be taking profits at the most recent low. Good...
Outlook and focus for the week. Expecting AUDUSD to fall +- 380 pips.
Our mirror line (orange) clearly shows us that price has been in replica. Price is currently creating a rising wedge towards the 61.8 Fibbo line and our trendline. I am anticipating a third touch of our trendline, followed by a drop. Price has already rejected at the 61.8 and may still drop anytime now. A clear break and close below the wedge will trigger short...
Hellooo....My Dragon Friends I think its time to retest is arrived, and we see HOLD it by Orange line. I sell it now at 0.7380 and SL at 0.7445, with TP1 at 0.7300 and TP2 at 0.7220 Lets See Happy Trading Smart Trading Money Management Risk Management Disclaimer On
AUDUSD has been consolidating for a period of time and is making higher highs and higher lows within the consolidation range. I expect price to break above consolidation range and continue its way up, towards 0.8000 What is your thought on AUDUSD?
AUDUSD Just under the daily support which now turns resistance. A sell entry would be justified if this resistance holds based on price action.
AUD USD - NOV 15 -20 KEY LEVELS Follow us for more trading forecast and analysis Visit us online at fxwealthacademy.com for our advanced forex trading course
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 . If you liked this free educational please...
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 . If you liked this free educational please...
AUDUSD has been in decent uptrend of late and what we have now is a small bullish pattern continuation setup in the form of a bullish 3 drive pattern. If USD weakness remains we could see the higher inner trend line break to the upside which can help confirm the patterns strength for some short term gains. If the trend line does break we could take a momentum...
Word through the forex town was that, depending on how the first step of the agreement works out, the U.S. and China are planning to roll back certain tariffs in tranches. Risk capital, however, had their rallies cut short when it was also revealed that within the U.S. government this proposal faced strong internal opposition. The monetary policy statement issued...
A downward impulse will validate the set-up. Aggressive buy will invalidate the set-up
Buying @ market price 0.67690 with # SL below the support @ 0.67123 and # TP at the 50% fibo retracement level @ 0.69111 You can learn price action trading at no cost. Join my mailing list to receive more information zc.vg Join me in Forex Bootcamp for live updates using the link below. Happy trading :)