🦘 AUD/USD Australian Dollar Withstands Pressure 🦘🦘 AUD/USD Australian Dollar Withstands Pressure
🦘 Nearest strong support zone: around the 0.236 level of the upward wave.
🦘 Nearest strong resistance zone: around recent highs.
🦘 Technical environment:
- Moving averages: Uptrend
- MACD: Uptrend
- RSI: Uptrend
🦘 Price action: AUD/USD Holding up great, we are climbing higher week by week, the price formation also supports the pro rising scenario, yesterday's shooting star was negated today. I'm curious to see if we can break through the recent local peaks in the next few days, so far everything points to it. I encourage you to keep an eye on this pair.
🦘 The scenario I'm playing out is to wait for the breakout of new peaks and, after a test of new support, continue the upward movement. I don't exclude the possibility of changing the scenario if the market situation changes abruptly. I'm aware of the possibility of a correction at any time, this should be taken into account, If the outlook changes I will publish a post with an update, so I encourage you to actively follow the profile and read the description carefully.
🦘 Please do not suggest the path I have outlined with lines it is only a hypothetical scenario.
🚀 If you appreciate my work and effort put into this post then I encourage you to leave a like and give a follow on my profile. 🚀
Aud-usd
AUD/USD:BUY From Support Area For A LONG Pullback AUD/USD is Still inside a Bullish channel where today the price is making a retracement and reach a level of area 50% - 61.8% Fibonacci where is based on a support level and here the price may have a pullback to come back in the direction of the primary trend. We are Looking for a Bullish setup.
AUDUSD - Video Top-Down Analysis!Hello TradingView Family / Fellow Traders. This is Richard, as known as theSignalyst.
Here is a detailed update top-down analysis for AUDUSD.
Which scenario do you think is more likely to happen? and Why?
Always follow your trading plan regarding entry, risk management, and trade management.
Good Luck!.
All Strategies Are Good; If Managed Properly!
~Rich
AUDUSD Potential for Bullish Continuation Looking at the Daily chart, my overall bias for AUDUSD is bullish due to the current price being above the Ichimoku cloud, indicating a bullish market. Looking for a buy entry at 0.68636, where the 50% Fibonacci line is. Stop loss will be at 0.66291, where the recent swing low is. Take profit will be at 0.72662, where the 78.6% Fibonacci line is.
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AUDUSD Potential for Bullish Continuation| 17th January 2023Looking at the Daily chart, my overall bias for AUDUSD is bullish due to the current price being above the Ichimoku cloud, indicating a bullish market. Looking for a pullback buy entry at 0.68642, where the 38.2% Fibonacci line is. Stop loss will be at 0.66292, where the recent low is. Take profit will be at 0.72656, where the 78.6% Fibonacci line is.
Any opinions, news, research, analyses, prices, other information, or links to third-party sites contained on this website are provided on an "as-is" basis, as general market commentary, and do not constitute investment advice. The market commentary has not been prepared in accordance with legal requirements designed to promote the independence of investment research, and it is therefore not subject to any prohibition on dealing ahead of dissemination. Although this commentary is not produced by an independent source, FXCM takes all sufficient steps to eliminate or prevent any conflicts of interest arising out of the production and dissemination of this communication. The employees of FXCM commit to acting in the clients' best interests and represent their views without misleading, deceiving, or otherwise impairing the clients' ability to make informed investment decisions. For more information about the FXCM's internal organizational and administrative arrangements for the prevention of conflicts, please refer to the Firms' Managing Conflicts Policy. Please ensure that you read and understand our Full Disclaimer and Liability provision concerning the foregoing Information, which can be accessed on the website.
AUDUSD M30: Bearish outlook seen, further downside below 0.6990On the M30 time frame, prices are approaching the supply zone at 0.6990, in line with the graphical resistance zone and Fibonacci confluence levels where we could see a further downside below this zone to the support zone at 0.6940. Stochastic is facing bearish pressure from its resistance at 88.57 as well, supporting the bearish bias.
AUDUSD Potential for Bullish Continuation| 16th January 2023Looking at the H4 chart, my overall bias for AUDUSD is bullish due to the current price being above the Ichimoku cloud, indicating a bullish market. Looking for a pullback buy entry at 0.69505, where the -61.8% Fibonacci expansion line is. Stop loss will be at 0.69155, where the recent low is. Take profit will be at 0.71367, where the previous swing high is.
Any opinions, news, research, analyses, prices, other information, or links to third-party sites contained on this website are provided on an "as-is" basis, as general market commentary, and do not constitute investment advice. The market commentary has not been prepared in accordance with legal requirements designed to promote the independence of investment research, and it is therefore not subject to any prohibition on dealing ahead of dissemination. Although this commentary is not produced by an independent source, FXCM takes all sufficient steps to eliminate or prevent any conflicts of interest arising out of the production and dissemination of this communication. The employees of FXCM commit to acting in the clients' best interests and represent their views without misleading, deceiving, or otherwise impairing the clients' ability to make informed investment decisions. For more information about the FXCM's internal organizational and administrative arrangements for the prevention of conflicts, please refer to the Firms' Managing Conflicts Policy. Please ensure that you read and understand our Full Disclaimer and Liability provision concerning the foregoing Information, which can be accessed on the website.
AUDUSD Potential for Bullish Continuation| 13th January 2023Looking at the H4 chart, my overall bias for AUDUSD is bullish due to the current price being above the Ichimoku cloud , indicating a bullish market. Looking for a buy stop entry at 0.69835, where the recent high is to ride the bullish momentum. Stop loss will be at 0.68598, where the 38.2% Fibonacci line is. Take profit will be at 0.71367, where the previous swing high is.
Any opinions, news, research, analyses, prices, other information, or links to third-party sites contained on this website are provided on an "as-is" basis, as general market commentary, and do not constitute investment advice. The market commentary has not been prepared in accordance with legal requirements designed to promote the independence of investment research, and it is therefore not subject to any prohibition on dealing ahead of dissemination. Although this commentary is not produced by an independent source, FXCM takes all sufficient steps to eliminate or prevent any conflicts of interest arising out of the production and dissemination of this communication. The employees of FXCM commit to acting in the clients' best interests and represent their views without misleading, deceiving, or otherwise impairing the clients' ability to make informed investment decisions. For more information about the FXCM's internal organizational and administrative arrangements for the prevention of conflicts, please refer to the Firms' Managing Conflicts Policy. Please ensure that you read and understand our Full Disclaimer and Liability provision concerning the foregoing Information, which can be accessed on the website.
🦘 AUD/USD Marking Up Price Before Falling 🦘🦘 AUD/USD Marking Up Price Before Falling.
🦘 Nearest strong support zone: around the 0.382 level of the entire upward wave.
🦘 Nearest strong resistance zone: around the recent highs.
🦘 Technical environment:
- Moving averages: Uptrened
- MACD: Downtrend (Divergence)
- RSI: Downtrend (Divergence)
- Supertrend: Uptrend
🦘 Price action: the AUD/USD today pushed price near the 0.7 level on the back of the US CPI inflation data, which was exactly what the market is expecting (6.5%). We are currently in a resistance zone from which I expect a downward reaction. Looking at the candlestick formations, it does not look to me like a strong trend continuation.
🦘 The scenario I'm playing is to wait for the start of a decline to join in. I don't exclude the possibility of changing the scenario if the market situation changes abruptly. I'm aware of the possibility of a correction at any time, this should be taken into account, If the outlook changes I will publish a post with an update, so I encourage you to actively follow the profile and read the description carefully.
🚀 If you appreciate my work and effort put into this post then I encourage you to leave a like and give a follow on my profile. 🚀
AUDUSD Potential for Bullish Continuation| 12th January 2023Looking at the H4 chart, my overall bias for AUDUSD is bullish due to the current price being above the Ichimoku cloud , indicating a bullish market. Price has tapped into my pullback buy entry at 0.68777, where the previous high is. Stop loss will be at 0.68346, where the 50% Fibonacci line is. Take profit will be at 0.69911, where the 127.2% Fibonacci extension line is.
Any opinions, news, research, analyses, prices, other information, or links to third-party sites contained on this website are provided on an "as-is" basis, as general market commentary, and do not constitute investment advice. The market commentary has not been prepared in accordance with legal requirements designed to promote the independence of investment research, and it is therefore not subject to any prohibition on dealing ahead of dissemination. Although this commentary is not produced by an independent source, FXCM takes all sufficient steps to eliminate or prevent any conflicts of interest arising out of the production and dissemination of this communication. The employees of FXCM commit to acting in the clients' best interests and represent their views without misleading, deceiving, or otherwise impairing the clients' ability to make informed investment decisions. For more information about the FXCM's internal organizational and administrative arrangements for the prevention of conflicts, please refer to the Firms' Managing Conflicts Policy. Please ensure that you read and understand our Full Disclaimer and Liability provision concerning the foregoing Information, which can be accessed on the website.
🥇 AUD/USD End of The Uptrend? 🥇🥇 AUD/USD End of The Uptrend?
🥇 Nearest strong support zone: around the 0.382 level of the entire upward wave.
🥇 Nearest strong resistance zone: around recent highs.
🥇 Technical environment:
- Moving averages: Uptrened
- MACD: Downtrend (Divergence)
- RSI: Downtrend (Divergence)
- Supertrend: Uptrend
🥇 Price action: AUD/USD is clearly struggling to rise, this could be seen from the perspective of the last two weeks, in which the price repeatedly attempted to rise but was just as quickly knocked down. I don't think we will find in the current price situation an opportunity to break out new highs, a downward correction seems more likely at the current moment.
🥇 The scenario I play out is the start of a downward correction to the vicinity of support zones. I don't exclude the possibility of changing the scenario if the market situation changes abruptly. I'm aware of the possibility of a correction at any time, this should be taken into account, If the outlook changes I will publish a post with an update, so I encourage you to actively follow the profile and read the description carefully.
🚀 If you appreciate my work and effort put into this post then I encourage you to leave a like and give a follow on my profile. 🚀
AUDUSD Potential for Bullish Continuation| 11th January 2023Looking at the H4 chart, my overall bias for AUDUSD is bullish due to the current price being above the Ichimoku cloud , indicating a bullish market. Price has tapped into my pullback buy entry at 0.68777, where the previous high is. Stop loss will be at 0.68346, where the 50% Fibonacci line is. Take profit will be at 0.69911, where the 127.2% Fibonacci extension line is.
Any opinions, news, research, analyses, prices, other information, or links to third-party sites contained on this website are provided on an "as-is" basis, as general market commentary, and do not constitute investment advice. The market commentary has not been prepared in accordance with legal requirements designed to promote the independence of investment research, and it is therefore not subject to any prohibition on dealing ahead of dissemination. Although this commentary is not produced by an independent source, FXCM takes all sufficient steps to eliminate or prevent any conflicts of interest arising out of the production and dissemination of this communication. The employees of FXCM commit to acting in the clients' best interests and represent their views without misleading, deceiving, or otherwise impairing the clients' ability to make informed investment decisions. For more information about the FXCM's internal organizational and administrative arrangements for the prevention of conflicts, please refer to the Firms' Managing Conflicts Policy. Please ensure that you read and understand our Full Disclaimer and Liability provision concerning the foregoing Information, which can be accessed on the website.
AUD/USD:SELL from 0.6950 Resistance For A SHORT SetupAUD/USD after 3 days of bullish rally the AUD seems to find resistance on level 0.6950 where the price it's started to converge for a retracement and possible pullback. The stochastic it's in the overbought area and our Idea is about a pullback around the area of 50% - 61.8% Fibonacci, this does not exclude the possibility for the price to may drop more.
AUDUSD M30: Bearish outlook seen, further downside below 0.6910On the M30 time frame, prices are showing bearish order flow with lower highs and lower lows being formed. A pullback to the resistance zone at 0.6910, in line with the graphical resistance zone and 38.2% Fibonacci retracement could present an opportunity to play the drop to the support zone at 0.6850. Stochastic is testing resistance and seeing a bearish divergence as well, where we could see further downside in prices.
AUDUSD Potential for Bullish Continuation| 10th January 2023Looking at the H4 chart, my overall bias for AUDUSD is bullish due to the current price being above the Ichimoku cloud , indicating a bullish market. Looking for a pullback buy entry at 0.68777, where the previous high is. Stop loss will be at 0.68346, where the 50% Fibonacci line is. Take profit will be at 0.69911, where the 127.2% Fibonacci extension line is.
Any opinions, news, research, analyses, prices, other information, or links to third-party sites contained on this website are provided on an "as-is" basis, as general market commentary, and do not constitute investment advice. The market commentary has not been prepared in accordance with legal requirements designed to promote the independence of investment research, and it is therefore not subject to any prohibition on dealing ahead of dissemination. Although this commentary is not produced by an independent source, FXCM takes all sufficient steps to eliminate or prevent any conflicts of interest arising out of the production and dissemination of this communication. The employees of FXCM commit to acting in the clients' best interests and represent their views without misleading, deceiving, or otherwise impairing the clients' ability to make informed investment decisions. For more information about the FXCM's internal organizational and administrative arrangements for the prevention of conflicts, please refer to the Firms' Managing Conflicts Policy. Please ensure that you read and understand our Full Disclaimer and Liability provision concerning the foregoing Information, which can be accessed on the website.
AUDUSD Potential for Bullish Continuation| 9th January 2023Looking at the H4 chart, my overall bias for AUDUSD is bullish due to the current price being above the Ichimoku cloud , indicating a bullish market. Looking for a pullback buy entry at 0.67977, where the 50% fibonacci line is. Stop loss will be at 0.67349, where the recent swing low is. Take profit will be at 0.70097, where the -61.8% Fibonacci expansion line is.
Any opinions, news, research, analyses, prices, other information, or links to third-party sites contained on this website are provided on an "as-is" basis, as general market commentary, and do not constitute investment advice. The market commentary has not been prepared in accordance with legal requirements designed to promote the independence of investment research, and it is therefore not subject to any prohibition on dealing ahead of dissemination. Although this commentary is not produced by an independent source, FXCM takes all sufficient steps to eliminate or prevent any conflicts of interest arising out of the production and dissemination of this communication. The employees of FXCM commit to acting in the clients' best interests and represent their views without misleading, deceiving, or otherwise impairing the clients' ability to make informed investment decisions. For more information about the FXCM's internal organizational and administrative arrangements for the prevention of conflicts, please refer to the Firms' Managing Conflicts Polic