RBA Decision: Can Bulls Break 0.6900? The U.S. Federal Reserve's decision to slash interest rates by half a percentage point this week has intensified scrutiny on the Reserve Bank of Australia (RBA), which will hold its policy meeting next week. Making a RBA’s interest rate cut less likely in the short term: Australia's labor market delivered...
Very choppy price action and has been unable to break the daily lows, probably going to be quiet until tomorrows CPI. I would only look for a sell if there is a lower low close below structure and the blue zone with a retest on the 30 min and a lower low close. Other wise I favor low positions Ideally with a 4h close above structure and the upper blue zone...
Very choppy, So ideally need to see a break either side of structure with 4h close above or below zone then a retest and a Higher High close on a smaller time frame for continuation in which ever direction. My Bias is to the down side because of how the overall tend looks on the higher time frame. Plus from fundamental basis the US is looking like the rate cut is...
Still in the consolidation zone with no clear direction, I would prefer a 4h or 1h close either side , but there could be a case for a buy at the 8am gmt open if price rejects from the support level with a view of if reaching the top of structure
Is in the middle of structure with bearish sentiment, waiting for pull back and rejection to look for sells back down to strcture
AUDUSD - Short Position - H4 You don't have to take every trade in your analysis. Some can be use to reaffirm your edge
Hi TRADERS this is my trade set up for the AUD/USD for the new week ahead AUD/USD Broke out of the double top neckline and looks like its correcting and getting ready for next leg lower, so I am sell only on this pair clean crisp charts I hope it helps if you have any questions please private message me good luck for this weeks trading please follow like and...
MN TF: SHORT opportunities WK TF: wait for price to break demand D1 TF (use D1 instead of H4 as it is long-term SWING) ----------------------------------------------------------------------------SWING---------------------------------------------------------------------------------
I See More Shorts as Shorts on Done yet and a long way to go down !!
AUS/USD Looking like it has nearly formed a head and shoulders for a massive 1500 pip profit any takers??? This is my analysis only please trade with caution and risk management in place good luck for this weeks trading please like and comment both are welcome
Hi everyone this is my trade set up for the AUS/USD for the new week ahead AUS/USD is still in a downtrend so i am expecting a pullback to the order block zones and will be looking for a sell trade look for pullback to zones lined off on chart then if it meets your criteria for a trade then execute This is my analysis only please trade with caution and risk...
Long-Term Sell on retest of Level 0.72500/Trendline/Liquidity Zone * Safest entry would be on a break and retest of previous liquidity (Marked red) Wait for a good bearish confirmation on these points. For additional confirmation: - Look for strength on USD DXY - You may check in with fibs (between 38.2%/50%) (I didn't draw them because it would be too...
-Price broke and retested both consolidation box and level out of consolidation and retested level 0.73500. -Price also broke and retested counter-trendline with a bearish engulfing. -I will be shorting and looking at level 0.73000 or previous liquidity zone as take profits with BE protection along the way. -I will be aware of the Retail Sale news release...
It was a long wait, but it paid off; it almost seemed as if the speculation did not want to end. One quality a trader must have is patience, more so than a fisherman. The next sensitive levels of Aud-Usd: 0.77500, 0.75850/0.76200 area, 0.74300, 0.73600, 0.72800. Medium-term target the return of the currency pair below 0.71800.