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Australian Dollar / U.S. Dollar forum

2 hours ago

I learned my lesson shorting this and holding. So I added another buy

2 hours ago

On the upside, the pair should breach the mentioned July 1 and 2 high, at 0.6590, to resume the broader bullish trend and set its focus on the 127.2% and 161.8% Fibonacci extensions of the June 27 - July 1 upleg, at 0.6610 and 0.6640, respectively.

Stiven088

2 hours ago

The pair should breach the 0.6535-06545 area (July 2,3 lows), to activate the DT pattern and confirm a deeper correction. The figure’s measured target is the confluence of the 38.2% Fibonacci retracement of the June 23-July 1 rally and June 27 low, at 0.6510.

Stiven088

2 hours ago

From a technical perspective, the pair is consolidating gains after last week’s bullish move, but the double top at 0.6590, coupled with a lower high on Thursday and the 4-hour Relative Strength index crossing below the 50 level, suggests that bears are taking over

JCFRGNT

3 hours ago

AUDUSD SHORT & LONG FORECAST Q3 W28 Y25

Professional Risk Managers👋

Welcome back to another FRGNT chart update📈
Diving into some Forex setups using predominantly higher time frame order blocks alongside confirmation breaks of structure.

Let’s see what price action is telling us today! 👀

💡Here are some trade confluences📝

✅Daily Order block identified
✅4H Order Block identified
✅1H Order Block identified

🔑 Remember, to participate in trading comes always with a degree of risk, therefore as professional risk managers it remains vital that we stick to our risk management plan as well as our trading strategies.

📈The rest, we leave to the balance of probabilities.

💡Fail to plan. Plan to fail.
🏆It has always been that simple.

❤️Good luck with your trading journey, I shall see you at the very top.

🎯Trade consistent, FRGNT X