THIS IS MY SETUP FOR AUD USD I use Fibonacci to get these extreme points and my preferred one is 80% retracement, with a risk-reward of 1:4. Trade carefully This is not financial advice, DYOR.
AUD/USD has reacted off the resistance level which is a pullback resistance and could potentially rise to our take profit. Entry: 0.6567 Why we like it: There is a pullback resistance level which aligns with the 38.2% Fibonacci retracement. Stop loss: 0.6514 Why we like it: There is a pullback support level. Take profit: 0.6621 Why we like it: There is a...
AUD/USD is rising towards the resistance level which is a pullback resistance that lines up with the 50% Fibonacci retracement and could reverse from this level to our take profit. Entry: 0.6567 Why we like it: There is a pullback resistance that lines up with the 50% Fibonacci retracement. Stop loss: 0.6620 Why we like it: There is a pullback resistance that...
The price is rising towards the pivot and could reverse to the 1st support. Pivot: 0.6559 1st Support: 0.6465 1st Resistance: 0.6624 Risk Warning: Trading Forex and CFDs carries a high level of risk to your capital and you should only trade with money you can afford to lose. Trading Forex and CFDs may not be suitable for all investors, so please ensure that...
Hey Traders, in the coming week we are monitoring AUDUSD for a selling opportunity around 0.656000 zone, AUDUSD is trading in a downtrend and currently is in a correction phase in which it is approaching the trend at 0.65600 support and resistance area. Trade safe, Joe.
The price is falling towards the support level which is a pullback support that is slightly below the 161.8% Fibonacci extension and could bounce from this level to our take profit. Entry: 0.6467 Why we like it: There is a pullback support level that is slightly below the 161.8% Fibonacci extension. Stop loss: 0.6442 Why we like it: There is a pullback support...
The Aussie (AUD/USD) is currently on the pivot which has been identified as a pullback support and could potentially rise from this level to the pullback resistance. Pivot: 0.6530 1st Support: 0.6492 1st Resistance: 0.6590 Risk Warning: Trading Forex and CFDs carries a high level of risk to your capital and you should only trade with money you can afford to...
AUD/USD is rising towards the resistance level, a pullback resistance that is slightly above the 23.6% Fibonacci retracement and could reverse from this level to our take profit. Entry: 0.6591 Why we like it: There is a pullback resistance that is slightly above the 23.6% Fibonacci retracement. Stop loss: 0.6622 Why we like it: There is a pullback resistance...
The Aussie (AUD/USD) is falling towards the pivot and could bounce to the 1st resistance level which is a pullback resistance. Pivot: 0.6561 1st Support: 0.6520 1st Resistance: 0.6623 Risk Warning: Trading Forex and CFDs carries a high level of risk to your capital and you should only trade with money you can afford to lose. Trading Forex and CFDs may not be...
Hey Traders, in today's trading session we are monitoring AUDUSD for a buying opportunity around 0.66400 zone, AUDUSD is trading in an uptrend and currently is in a correction phase in which it is approaching the trend at 0.66400 support and resistance area. Trade safe, Joe.
AUDUSD - 24h expiry The primary trend remains bullish. A lower correction is expected. The hourly chart technicals suggests further downside before the uptrend returns. Preferred trade is to buy on dips. Bespoke support is located at 0.6670. We look to Buy at 0.6670 (stop at 0.6646) Our profit targets will be 0.6730 and 0.6745 Resistance: 0.6710 / 0.6730...
The price is falling towards the support level which is a pullback support that is slightly below the 61.8% Fibonacci retracement and could bounce from this level to our take profit. Entry: 0.6677 Why we like it: There is a pullback support level which is slightly below the 61.8% Fibonacci retracement. Stop loss: 0.6642 Why we like it: There is a pullback...
Hey Traders, in today's trading session we are monitoring AUDUSD for a buying opportunity around 0.66600 zone, AUDUSD is trading in an uptrend and currently is in a correction phase in which it is approaching the trend at 0.66600 support and resistance area. We would also like to consider the current bullish bias on indices, due to the positive correlation AUDUSD...
AUD/USD has reacted off the support level which is an overlap support that aligns with the 50% Fibonacci retracement and could rise to our take profit. Entry: 0.6712 Why we like it: There is an overlap support level which lines up with the 50% Fibonacci retracement. Stop loss: 0.6675 Why we like it: There is a pullback support level. Take profit: 0.6761 Why we...
AUD/USD is currently on a support zone which the price has been respecting several times in the past and could rise to the upside.
AUD/USD is falling towards the support level which is a pullback support that aligns with the 50% Fibonacci retracement and could bounce from this level to our take profit. Entry: 0.6712 Why we like it: There is a pullback support that lines up with the 50% Fibonacci retracement. Stop loss: 0.6675 Why we like it: There is a pullback support level. Take profit:...
Hello Traders, Aussie in the weekly chart has broke the long-term channel. It is starting a bullish move now! But we might see a reversal soon or late. The daily cart is overbought in a bullish channel! Again another reason to be bearish Regarding the current time frame! the trend line should be broken and the level of 0.67000 should be touched, then we...
Hey Traders, in today's trading session we are monitoring AUDUSD for a buying opportunity around 0.67000 zone, AUDUSD is trading in an uptrend and currently is in a correction phase in which it is approaching the trend at 0.67000 support and resistance area. We would also like to consider the positive correlation between indices and AUDUSD, indices are having a...