AUDUSD will retrace back down, looking for a buy in the designated area. Confluences Trend line Pivot Support Around Banking level 0.68000 Aiming for 100pips
On June 10, we did an analysis of AUDUSD before the Fed, expecting the price to go down. We already see this movement and expect its progress. On H4 we have fixing of a new peak again with bearish engulfing and breaking of the previous bottom. Yesterday the price reached 0.6796. As we now expect a test of the broken levels at 0.6905 and the continuation of the...
im shorting this position USD have a lot more power than AUD when im looking at strenght currency plus my confirm indicators its showing to go that way im using very small risk against reward so fingers crossed :)
Trading suggestion: . There is still a possibility of temporary retracement to suggested resistance line (0.696). if so, traders can set orders based on Price Action and expect to reach short-term targets. Technical analysis: . AUDUSD is in a range bound and the beginning of downtrend is expected. .The price is above the 21-Day WEMA which acts as a dynamic...
Price reached 1.618 fib level, which tells me that Wave 3 should be over, check chart, price should move up now then drop back down one more time, hopefully to the 72.00 level. This is where I will close the remainder of my shorts. On a larger time frame we may be in Wave 4 heading towards starting Wave see, see prior large time frame idea for that info.
If you are looking for the strongest support you can ever think of, it is the one USD/AUD chart is now at 1.420-1.425. Check month timeframe to see it yourself (or even year tf). Good chances for a nice bounce from this level. I'm talking about 270-300 pips at least with higher targets at 1.47 for 500 pips . If that support will be broken, still this trade...
Trading suggestion: . There is still a possibility of temporary retracement to suggested resistance line (0.696). if so, traders can set orders based on Price Action and expect to reach short-term targets. Technical analysis: . AUDUSD is in a range bound and the beginning of downtrend is expected. .The price is above the 21-Day WEMA which acts as a dynamic...
(See previous posts on extremely tight correlation between AUDJPY and SPX) Post FOMC Follow Up: Despite being the core focus of markets going in, nothing of substance out of the Fed / Powell regarding Yield Curve Control. Markets are now risk-off, with AUD leading the way down. Pre-positioning long AUDUSD on hopes of US YCC are unwinding, and dragging down...
FX:AUDJPY We had a powerful support at 74.62 it has been broken so we can expect that we have a good opportunity to sell For more ideas from us please follow our TradingView account
Hey, I am back with another Idea, first time via video, let me know what you think about it! Maybe I will be putting my entry bit lower, I am going to analyze smaller time frames, will keep you updated. Don't forget to follow me, to not miss out on a good trade opportunities😉 Each Like is very much appreciated! 🙌
hey guys, EURAUD broke above a horizontal resistance on 4H. The candle has perfectly closed above, confirming the breakout. Now the next goal for buyers is 1.6465 level based on a recent structure. good luck!
Pair: FX:AUDUSD Bias: Short we took a loss on this pair but we still see analysis pointing to a short opportunity. Provided price breaks this ascending trend line then a short is coming.
Please manage your risk. Use Stop loss. And do not take blind entries. If you have question let me know. If you want to analyze any pair let me know. This is just an idea. what we see. Market can go in the opposite direction, what we analyze. so we have to manage our risk and adopt the situation accordingly.
See chart and prior idea, still looking at 72.00 area for TP