A lot will depend on if the DXY breaks below the 104 to where the entry will be, but I am bearish on the dollar both from a technical aspect and a fundamental point of view. So either I will be waiting for a break out of the 0.67986 or a rejection of the 0.67502 and a repeat of the entry on Friday.
Looking for a 4h close above the blue line above structure or a pull back and rejection with a 4h close to look for buys
Hey Traders, Check out this technical analysis on AUDUSD; it appears to be undergoing a mild pullback, potentially indicating a bullish momentum continuation pattern (flag). However, I would recommend waiting for a breakout above the flag pattern before considering a buy-trade entry. Keep a close eye on this.
Dollar is still showing signs of weakness, and daily structure on this pair is still bullish. So will wait to see how things stands at the London open, but ideally am looking for a deeper pull back or a break out but will use the DXY for confluence
AUDUSD Channel: RED WK Pivot: RED AOB: WS1 CON: SBB SELL Stop: 0.6366 Stop Loss: 0.6417 TP01: 0.6315 TP02: 0.6213 DWR presents as a sell setup on 11SEP, with Channel and Pivot are red bouncing off Weekly support 1. However, trade is not taken/considered as it differs from our Market Analysis Bias. SPX500: Up DXY: Down OIL: Up GOLD: ...
In the case of AUDUSD, the Stochastic Oscillator is giving an oversold signal for the AUD/USD currency pair. The %K and %D values you've provided (8.83% and 5.15% respectively) are both well below 20, which further emphasizes the oversold condition. Additionally, the BEARISH TREND weakens in the short term which supports a short-term uptrend. However, it is...
Overview FX:AUDUSD was in a bearish trend. However, bullish divergence was formed and price formed a higher high followed by a higher low! Analysis & Plan After formation of bullish divergence on FX:AUDUSD , price formed a higher high followed by a higher low. This is a strong indication of formation and continuation of a bullish trend. We enter a long...
Potential Bullish Entry Dow Theory In Place - Higher High and Higher Low Expected in Place Formation of Harmonic Bullish reversal Pattern coupled with bullish divergence at potential reversal zone (PZR) Entry at the new HH SL & TP Levels are defined.
🤑TOP DOWN ANALYSIS OVERVIEW🤑 🧐Eagle eye: bear trend extremely Monthly: the overall trend is Bear, but the current candle in retracement and retrace till filling our all FVG almost filled all gap areas, so in a broader view, we can say retracement is our weekly: trend in Bear, but the current move is the retracement 1 Structure analysis time frame: the daily...
If the H$ close bullish expect AUDUSD to be overall bullish for some time
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...
AUDUSD will likely move upward from here. One can buy from here for the target of 0.72114 and 0.72771. SL will be 0.70642
AUDUSD gives us head and shoulders in the weakly time frame by the time the price break The horizontal red lines mean that it is heading to the next target, and so on ,But we have another analysis on a lower time frame, go see it, it is below and it is the candidate to happen , In short, we are looking to buy as long as the price is above 0.70000 , and We will...
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...
The AUSUSD market is showing a potential buy setup the market was in a bearish trend the market gave an impulsive bullish reversal that broke out of the bearish channel as expected an impulsive move is followed by a correction the correction retraced all the way to the 61.8% Fib retracement level and showed rejection confirmations from this level we...
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...