AUDUSD Potential Bullish Reversal | 18th April 2022Price is abiding by the ascending trendline. We see the potential for bullish bounce from our buy entry level of 0.73514 in line with 61.8% FIbonacci retracement and 161.8% Fibonacci extension towards our take profit level of 0.74756 which is in line with 38.2% Fibonacci retracement. Alternatively, price might break through the key support level and head towards the stop loss level of 0.72848 which lines up with 78.6% Fibonacci retracement.
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Aud-usd
AUDUSD 4hour Analysis April 17th, 2022AUDUSD Bearish Idea
Weekly Trend: Bullish
Daily Trend: Bullish
4Hour Trend: Bearish
Trade scenario 1: Higher timeframes are bullish here on AU while the 4hour timeframe has been in a steady downtrend.
We can see price action near our 0.74000 support formed a descending triangle, which looks to be breaking bearishly now.
Look for a lower high below 0.74000 with strong bearish setups to enter on.
Trade scenario 2: For us to consider AU bullish again we need to see a break back above 0.74000 first.
The key to entering long here is structure. Look for a 4hour higher low above our most recent lower high.
AUDUSD Potential for Bullish Continuation | 14th April 2022On the H4 timeframe, we see the potential for a bullish continuation from our buy entry level at 0.74272 in line with 50% Fibonacci retracement towards our take profit level at 0.75338 in line with 50% Fibonacci retracement and 61.8% Fibonacci projection. Alternatively, if price breaks through the key support level, price might drop to to the stop loss level of 0.73633 in line with 61.8% Fibonacci retracement and 161.8% Fibonacci extension.
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 Bullish Pressure | 13th April 2022We see the potential for a bullish continuation from our pivot level at 0.74272 in line with 50% Fibonacci retracement towards our take profit level at 0.75338 in line with 50% Fibonacci retracement and 61.8% Fibonacci projection . Our bullish bias is supported by the stochastic indicator where price is trading at support level .
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 Bullish Pressure | 13th April 2022We see the potential for a bullish continuation from our pivot level at 0.74272 in line with 50% Fibonacci retracement towards our take profit level at 0.75338 in line with 50% Fibonacci retracement and 61.8% Fibonacci projection. Our bullish bias is supported by the stochastic indicator where price is trading at support level.
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.
⭕️BUY AUDUSD at the right place ❗️
⭕️You see the analysis of the Australian dollar against the US dollar in four hours(AUDUSD , H4)🔎
🔰BUY Limit AUDUSD at 0.74000
✅TP ; 0.76500
❌SL ; 0.73450
🔰Due to the breaking of the four-hour downtrend line (white line), we are waiting for the price pullback to the trend line areas. The range from which the price can return and resume its uptrend is indicated by two support lines (orange) and the support range (purple)🧐
The target is also placed in the purple resistance range❗️
The profit and loss limits are specified in the image👌
⚠️⚠️Please observe capital management and open a low volume transaction❗️❗️
I hope this analysis is useful for you🙏🏻🌹
📌Please introduce the "TRADER STREET" to your friends 🙏🏻
_______________________📈TRADER STREET📉________________________
AUDUSD 4hour Analysis April 10th, 2022AUDUSD Bullish Idea
Weekly Trend: Bullish
Daily Trend: Bullish
4Hour Trend: Bearish
Trade scenario 1: AU is currently experiencing a pullback that we’ve been waiting for.
Price action is falling to our 0.74000 zone where we are looking for structure formation.
Look for strong rejection around 0.74000 support followed by confirming bullish candlestick setups to enter long on.
Trade scenario 2: For us to consider AU full bearish we need to see a break of support around 0.74000 with a lower high below.
EURUSD H4 Potential Bullish Bounce | 8th April 2022We see the potential for a bounce from our 1st support level at 1.08538 in line with 138% Fibonacci extension towards our 1st resistance level at 1.09521 in line with 23.6% Fibonacci retracement. Our bullish bias is supported by the stochastic indicator where price is near support level.
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 Trade Update (Up 900 Pips)I was waiting for AUDUSD to make a push to the upside to stop out everyone's contracts that were sitting above these recent highs. We got a big push and got stopped out on my first contract. However when AUDUSD began to fall like a fly, I tried again on a second contract and caught the wave with already 900 pips in just two days!
AUDUSD on a bullish move 🦐AUDUSD on the 4h chart after the recent start a retracement move until the 0.71700 area.
At the beginning of the downtrend, I can see an attempt of the price to break the resistance level at the 0.73600 over the 0.618 Fibonacci level, with the following bear pressure coming in that pushes lower the price with a consequent break of the bear flag and the daily ascending trendline.
How can we approach this scenario?
Now the market pounced over a minor support and after a large. number of red candle i can expect some retracement to the upside.
We will wait for the European market open and check if the price will break above the support area, in that case, i ll check for a possible long entry according to the Plancton's academy rules.
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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