Aud-usd
🦘 AUD/USD Ready to Break Out 🦘 🦘 AUD/USD Ready to Break Out
🦘 Nearest strong support zone: around 0.67 level 0.382 fibo of the entire downward wave.
🦘 Nearest strong resistance zone: around 0.69 level 0.5 fibo of the entire downward wave.
🦘 Technical environment:
- Moving averages: Uptrend
- MACD: Uptrend
- RSI: Uptrend
🦘 Price action: AUD/USD does not give up, every attempt to beat the price ends with a very quick buying reaction, we have repeatedly tested the support zone marked on the chart and each time sooner or later the price returned to continue the uptrend. Looking at the bigger picture, it looks to me that after the October bottom we have currently formed a very strong uptrend. On which the occurrence of any deeper correction borders on a miracle. The Australian dollar stands out very positively against other currencies, we have a repeat of 2020 in which, after the covid low, capital from the US dollar migrated to smaller currencies such as the Australian dollar. In my opinion, there is a good chance for a continuation of the uptrend and a breakthrough of the support zone we are currently at.
🦘 The scenario I am playing out is a continuation of the uptrend given the local resistance that lies ahead. 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 look for the 0.66500 🦐AUDUSD on the 4h chart after the 2nd test of the 0.68750 zone moved lower to the weekly support.
The market has been trading over an ascending trendline and always respected the dynamic support.
How can i approach this scenario?
I will wait for a potential break of the confluence area and if that will happen i will belooking for a nice short order according to the Plancton's strategy rules.
–––––
Follow the Shrimp 🦐
Keep in mind.
🟣 Purple structure -> Monthly structure.
🔴 Red structure -> Weekly structure.
🔵 Blue structure -> Daily structure.
🟡 Yellow structure -> 4h structure.
⚫️ Black structure -> <4h structure.
Here is the Plancton0618 technical analysis , please comment below if you have any question.
The ENTRY in the market will be taken only if the condition of the Plancton0618 strategy will trigger
AUDUSD Potential For Bullish ContinuationLooking 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 entry at 0.67617, where the 61.8% Fibonacci line is. Stop loss will be at 0.66880, where the previous swing low is. Take profit will be at 0.68932, to clear the previous swing high's liquidity.
Please be advised that the information presented on TradingView is provided to Vantage (‘Vantage Global Limited’, ‘we’) by a third-party provider (‘Everest Fortune Group’). Please be reminded that you are solely responsible for the trading decisions on your account. There is a very high degree of risk involved in trading. Any information and/or content is intended entirely for research, educational and informational purposes only and does not constitute investment or consultation advice or investment strategy. The information is not tailored to the investment needs of any specific person and therefore does not involve a consideration of any of the investment objectives, financial situation or needs of any viewer that may receive it. Kindly also note that past performance is not a reliable indicator of future results. Actual results may differ materially from those anticipated in forward-looking or past performance statements. We assume no liability as to the accuracy or completeness of any of the information and/or content provided herein and the Company cannot be held responsible for any omission, mistake nor for any loss or damage including without limitation to any loss of profit which may arise from reliance on any information supplied by Everest Fortune Group.
AUDUSD Potential for Bullish Rise| 6th 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 buy entry at 0.67562, where the 50% fibonacci line is. Stop loss will be at 0.66880, where the recent swing low is. Take profit will be at 0.68860, 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 a turn at the 50% 🦐AUDUSD on the 4h chart has tested the 50% over a weekly support.
The market tested with some spike the 0.618 before moving higher to the previous recent highs.
How can i approach this scenario?
According to Plancton's strategy IF the market will break above the resistance i will set a nice long order.
–––––
Follow the Shrimp 🦐
Keep in mind.
🟣 Purple structure -> Monthly structure.
🔴 Red structure -> Weekly structure.
🔵 Blue structure -> Daily structure.
🟡 Yellow structure -> 4h structure.
⚫️ Black structure -> <4h structure.
Here is the Plancton0618 technical analysis , please comment below if you have any question.
The ENTRY in the market will be taken only if the condition of the Plancton0618 strategy will trigger
AUD/USD:BUY From Support Level FIBO For A New LONG SetupAUD/USD it's inside a Bullish channel in the last session the price had a pullback in the previous support area 0.6800, where in confluence with the Major Fibo Levels the price may have a new Bullish impulse.
Today the ADP Non-Farm Employment Change, the estimated change in the number of employed people during the previous month, excluding the farming industry and government may give a bullish impulse to the AUD if the number of employees will be less than the forecast or the previous month.
AUDUSD Potential For Bullish ContinuationLooking 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 entry at 0.68011, where the 38.2% Fibonacci line is. Stop loss will be at 0.67539, slightly below where the 61.8% Fibonacci line is. Take profit will be at 0.68932, to clear the previous swing high's liquidity.
Please be advised that the information presented on TradingView is provided to Vantage (‘Vantage Global Limited’, ‘we’) by a third-party provider (‘Everest Fortune Group’). Please be reminded that you are solely responsible for the trading decisions on your account. There is a very high degree of risk involved in trading. Any information and/or content is intended entirely for research, educational and informational purposes only and does not constitute investment or consultation advice or investment strategy. The information is not tailored to the investment needs of any specific person and therefore does not involve a consideration of any of the investment objectives, financial situation or needs of any viewer that may receive it. Kindly also note that past performance is not a reliable indicator of future results. Actual results may differ materially from those anticipated in forward-looking or past performance statements. We assume no liability as to the accuracy or completeness of any of the information and/or content provided herein and the Company cannot be held responsible for any omission, mistake nor for any loss or damage including without limitation to any loss of profit which may arise from reliance on any information supplied by Everest Fortune Group.
AUDUSD Potential for Bullish Rise| 5th 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 entry at 0.67562, where the 50% fibonacci line is. Stop loss will be at 0.66880, where the recent swing low is. Take profit will be at 0.68860, 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 Ready to Break Out Higher 🦘🦘 AUD/USD Ready to Break Out Higher.
🦘 Nearest strong support zone: around the fibo level 0.618 of the wave from the local peak to the bottom.
🦘 Nearest strong resistance zone: around the fibo level 1.272 of the downward wave from the local peak to the bottom.
🦘 Technical environment:
- Moving averages: Uptrend
- MACD: Uptrend
- RSI: Uptrend
🦘 Price action: strong breakout after making a correction to the vicinity of the fibo level 0.236. Probable continuation of the uptrend.
🦘 The scenario I am playing out is the continuation of the uptrend after the execution of the downward correction. 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 Rise| 4th 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 entry at 0.67562, where the 50% fibonacci line is. Stop loss will be at 0.67168, where the recent low is. Take profit will be at 0.68398, 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.
Now, its time to get 50 PIPSWhen I say " It's time " it means it's time.
Last time, I publsihed a Trade on Pound here to get a profit of 100 Pips and the trade went in our direction and we made the profit. Now it's time to get some quick bucks from AUD.
Just open a sell trade and set the target at 50 Pips.
AUDUSD Potential For Bullish ContinuationLooking 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 entry at 0.67865, where the 23.6% Fibonacci line is. Stop loss will be at 0.67539, where the 38.2% Fibonacci line is. Take profit will be at 0.68777, where the -27.2% Fibonacci line is previous swing high is.
Please be advised that the information presented on TradingView is provided to Vantage (‘Vantage Global Limited’, ‘we’) by a third-party provider (‘Everest Fortune Group’). Please be reminded that you are solely responsible for the trading decisions on your account. There is a very high degree of risk involved in trading. Any information and/or content is intended entirely for research, educational and informational purposes only and does not constitute investment or consultation advice or investment strategy. The information is not tailored to the investment needs of any specific person and therefore does not involve a consideration of any of the investment objectives, financial situation or needs of any viewer that may receive it. Kindly also note that past performance is not a reliable indicator of future results. Actual results may differ materially from those anticipated in forward-looking or past performance statements. We assume no liability as to the accuracy or completeness of any of the information and/or content provided herein and the Company cannot be held responsible for any omission, mistake nor for any loss or damage including without limitation to any loss of profit which may arise from reliance on any information supplied by Everest Fortune Group.
AUDUSD Potential for Bullish Rise| 3rd 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 entry at 0.67562, where the 50% fibonacci line is. Stop loss will be at 0.67102, where the recent low is. Take profit will be at 0.68398, 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 4hour Analysis January 1st, 2023AUDUSD Bullish Idea
Weekly Trend: Bearish
Daily Trend: Bullish
4Hour Trend: Bullish
Trade scenario 1: We are definitely looking bullish this week as AU is in an active long position. Most likely price action will push to 0.68500 resistance before reverses.
If we get an opportunity to re-enter we want to ideally ride the bullish trend and look for confirmed higher lows to enter on.
Trade scenario 2: If we are to see AU as more bearish we need to see a break back below 0.67000 support with strong bearish confirmations.
AUDUSD Potential For Bearish ContinuationLooking at the H4 chart, my overall bias for AUDUSD is bearish due to the current price being below the Ichimoku cloud , indicating a bearish market. Price has tapped into my sell entry at 0.67895, where the 61.8% Fibonacci line is. Stop loss will be at 0.68932, where the previous swing high is. Take profit will be at 0.66383, where the previous swing low and support are located.
Please be advised that the information presented on TradingView is provided to Vantage (‘Vantage Global Limited’, ‘we’) by a third-party provider (‘Everest Fortune Group’). Please be reminded that you are solely responsible for the trading decisions on your account. There is a very high degree of risk involved in trading. Any information and/or content is intended entirely for research, educational and informational purposes only and does not constitute investment or consultation advice or investment strategy. The information is not tailored to the investment needs of any specific person and therefore does not involve a consideration of any of the investment objectives, financial situation or needs of any viewer that may receive it. Kindly also note that past performance is not a reliable indicator of future results. Actual results may differ materially from those anticipated in forward-looking or past performance statements. We assume no liability as to the accuracy or completeness of any of the information and/or content provided herein and the Company cannot be held responsible for any omission, mistake nor for any loss or damage including without limitation to any loss of profit which may arise from reliance on any information supplied by Everest Fortune Group.
AUDUSD Potential for Bullish Rise| 30th December 2022Looking 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 entry at 0.67562, where the 50% fibonacci line is. Stop loss will be at 0.67102, where the recent low is. Take profit will be at 0.68398, 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.
AUD/USD:SELL From Resistance Area FIBO Levels DIV. SHORT SetupAUD/USD after the raising of the value in the last days, the price, looking at the daily charts it's retesting a strong resistance level in confluence with the Fibonacci levels and divergence RSI. In the lower timeframe, Divergence is also stochastic and our Idea is about a new pullback in the short side of the chart.
Daily Timeframe
AUDUSD M30: Bearish outlook seen, further downside below 0.6750On the M30 time frame, prices are facing bearish pressure from the resistance at 0.6750, in line with the Fibonacci confluence levels. A pullback to the resistance zone at 0.6750 could present an opportunity to play the drop to the support zone at 0.6650. A break below the downside confirmation level at 0.6720 could provide the bearish acceleration in prices to the support zone at 0.6650. Prices are holding below the Ichimoku cloud as well, supporting the bearish bias.
AUDUSD Potential For Bearish ContinuationLooking at the H4 chart, my overall bias for AUDUSD is bearish due to the current price being below the Ichimoku cloud, indicating a bearish market. Price has tapped into my sell entry at 0.67895, where the 61.8% Fibonacci line is. Stop loss will be at 0.68932, where the previous swing high is. Take profit will be at 0.66383, where the previous swing low and support are located.
Please be advised that the information presented on TradingView is provided to Vantage (‘Vantage Global Limited’, ‘we’) by a third-party provider (‘Everest Fortune Group’). Please be reminded that you are solely responsible for the trading decisions on your account. There is a very high degree of risk involved in trading. Any information and/or content is intended entirely for research, educational and informational purposes only and does not constitute investment or consultation advice or investment strategy. The information is not tailored to the investment needs of any specific person and therefore does not involve a consideration of any of the investment objectives, financial situation or needs of any viewer that may receive it. Kindly also note that past performance is not a reliable indicator of future results. Actual results may differ materially from those anticipated in forward-looking or past performance statements. We assume no liability as to the accuracy or completeness of any of the information and/or content provided herein and the Company cannot be held responsible for any omission, mistake nor for any loss or damage including without limitation to any loss of profit which may arise from reliance on any information supplied by Everest Fortune Group.