XAU/USD : First Long, Then SHORT ! (READ THE CAPTION)By analyzing the gold chart on the 15-minute timeframe, we can see that the price is currently trading around the $2665 level. I expect the price to continue its upward movement, maintaining the support at $2658 and targeting the liquidity above $2669 and $2671. We have two key supply zones: the first one is between $2671 and $2674, and the second, more significant zone, is between $2681 and $2685. The second level holds higher significance. Keep an eye on the price reaction to these two levels, and you can expect an average return ranging from 30 to 270 pips.
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AUDUSD
AUD-USD Swing Bullish Breakout! Buy!
Hello,Traders!
AUD-USD is trading in an
Uptrend and the pair
Made a bullish breakout
Of a key horizontal level
Of 0.6900 which is now a
Support and the breakout
Is confirmed which reinforces
Our bullish bias and makes
Us expect a further move up
Buy!
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Check out other forecasts below too!
Levels discussed 30th September 30th September
DXY: Price could retrace from 100.40 to 100.55 and possibly retest bearish trendline. But overall downtrend, with support at 100.20
NZDUSD: Sell 0.6345 SL 20 TP 45
AUDUSD: Sell 0.6955 SL 20 TP 50
GBPUSD: Sell 1.3355 SL 20 TP 50
EURUSD: Buy 1.1175 SL 20 TP 40
USDJPY: Sell 141.50 SL 50 TP 130
USDCHF: Buy at 0.8440 SL 20 TP 70
USDCAD: Buy 1.3545 SL 20 TP 50
Gold: Could consolidate between 2640-2652 range, If broken lower, could trade down to 2616.
AUDUSD Technical Analysis and Trade Idea👀 👉 The AUDUSD has recently displayed bullish momentum, but the price now appears overextended as it nears a significant resistance level. A potential buying opportunity could emerge if the price retraces to the 50-61.8% Fibonacci levels. Disclaimer: This analysis is for informational purposes only and does not constitute financial advice. 📊✅
AUD/USD - Potential Rebound from Support on 15-Minute ChartOn the 15-minute chart, if AUD/USD pulls back to the current support level, there’s a strong possibility of a rebound. This support has held well in previous sessions, and a bounce from this zone could signal a bullish move. However, it’s important to watch for confirmation with bullish candlestick patterns or volume increase before considering entry. A break below this support would invalidate the bullish outlook.
AUDUSD Trading IdeaBased on Simple Technical Analysis ( Trendline + Support & Resistance )
Risk Disclaimer:
Please be advised that I am not telling anyone how to spend or invest their money. Take all of my analysis as my own opinion, as entertainment, and at your own risk. I assume no responsibility or liability for any errors or omissions in the content of this page, and they are for educational purposes only. Any action you take on the information in these analysis is strictly at your own risk. There is a very high degree of risk involved in trading. Past results are not indicative of future returns. Good luck :-)
AUDUSD: 400+ Pips Buying Move| Simple Analysis| Hey traders,
So, the USD might be getting weaker soon. There are some talks about a possible global recession, and that's making people nervous. As traders, we need to keep an eye on these things and see how they affect the currency market. If the price drops more towards the black box we marked, we might see a big jump in price. I'd say close the trade when it hits 200 pips and put a stop at the entry price.
Let me know if you have any questions or need anything else. Good luck
AUDUSD top-down analysis Hello traders, this is a complete multiple timeframe analysis of this pair. We see could find significant trading opportunities as per analysis upon price action confirmation we may take this trade. Smash the like button if you find value in this analysis and drop a comment if you have any questions or let me know which pair to cover in my next analysis.
AUDUSD. Medium and short term analysisHello traders and investors!
The price reached the target of the forecast from April.
Some medium-term forecasts take a long time to come to fruition. It creates the impression that medium-term forecasts always come true. You can use the following criterion to consider a forecast fulfilled: ensure that the price does not break the last local extreme before reaching the target. If this condition is met, the forecast can be considered successfully realized. In the April forecast, the last local extreme is point 5 of the sideways range (0.62701).
Weekly Timeframe Analysis
Let me remind you that on the weekly timeframe (TF), a sideways range has been forming since January 2023 (point 4). The lower boundary is 0.61699, and the upper boundary is 0.71577. Formally, the buyer has reached the target of the 5-6 vector (0.69205), and there are no signs of reversal yet. The last two weekly candles show increased volume, with small buying wicks. However, the price is currently in the seller's contextual area (the upper range of the weekly TF sideways movement), but the seller is not utilizing this volume yet.
Daily Timeframe Analysis
On the daily TF, a sideways range has been forming since August 24 (point 4). The lower boundary is 0.63478, and the upper boundary is 0.67985.
The buyer's 4-5 vector has broken through the upper boundary of the range. For three days, the price has been unable to break through the level marking the start of the last seller's sub-impulse on the weekly TF (0.68996). Below, the buyer is defending the breakout of the last sub-impulse seller level on the daily TF (0.68239). For the last two days, the buyer has applied increased volume with no result. On the other hand, the price is in the seller’s contextual area (the upper range of the weekly TF sideways movement), so the seller should be evaluated first—and so far, the seller is absent.
Highlight:
• There are no signs of the seller on either the weekly or daily TFs to justify looking for mid-term sales. A sign of the seller could be a return of the price to the daily TF sideways range and the seller defending that return.
• There is no context for mid-term buys, as the price is in the upper part of the weekly TF range (a seller's contextual area).
2H Timeframe Analysis
For short-term buys or sells, you can use, for example, the 2-hour TF. On this TF, there is a sideways range, with the seller’s 7-8 vector being active and the potential target at 0.68179.
The seller has returned the price to the range (below 0.69081), forming a seller’s zone above (marked by a red rectangle on the chart). Sales can be considered. When selling, monitor the price's movement around 0.6868 and 0.68625.
Purchases can be considered from the lower boundary of the range (0.68144) if the buyer defends it.
Good luck with your trading and investments!
AUDUSD Will Fall! Sell!
Take a look at our analysis for AUDUSD.
Time Frame: 1D
Current Trend: Bearish
Sentiment: Overbought (based on 7-period RSI)
Forecast: Bearish
The market is testing a major horizontal structure 0.689.
The above observations make me that the market will inevitably achieve 0.676 level.
P.S
Overbought describes a period of time where there has been a significant and consistent upward move in price over a period of time without much pullback.
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End of the week analysis27th September
DXY: Price could trade higher to retest 100.90, if bearish trendline held, could trade back down to 100.55
NZDUSD: Buy 0.6290 SL 20 TP 40
AUDUSD: Buy 0.6905 SL 15 TP 50
GBPUSD: Sell 1.3290 SL 25 TP 75 (if support holds) Buy 1.3345 SL 30 TP 80
EURUSD: Sell 1.1090 SL 25 TP 80
USDJPY: Could range 143 to 144.50, Buy 145 SL 50 TP 200
USDCHF: Nothing for now
USDCAD: Sell 1.3480 SL 25 TP 60
Gold: Could retrace down to 2640-2652 range, look for reaction there.
AUD/USD's Path to 0.70: Bullish Continuation in PlaySince the beginning of August, AUD/USD has started reversing its bearish trend. The rise appears to be forming an ABCD pattern, with the final target potentially around the 0.70 level. After reaching a recent high, this week's correction halted exactly at the confluence of support, defined by a horizontal line and a trendline.
Yesterday, the pair quickly rebounded near its previous top, which is clearly a bullish sign
Today, we’re seeing a minor pullback, which could present a good buying opportunity. I remain bullish as long as the support holds and am targeting the 0.70 zone.
AUDUSD H1 I Bearish BreakoutBased on the H1 chart analysis, we can see that the price is rising toward our sell entry at 0.6886, a pullback resistance level.
Our take profit will be at 0.6833, which is a pullback support close to 78.6% Fibonacci retracement
The stop loss will be placed at 0.6907, which is a swing-high resistance.
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AUDUSD: Bullish Stocks And Potential UpsidesHey Traders, in today's trading session we are monitoring AUDUSD for a buying opportunity around 0.66200 zone, AUDUSD is trading in an uptrend and currently is in a correction phase in which it is approaching the trend at 0.66200 support and resistance area.
Trade safe, Joe.
Livestream Levels26th September
DXY: If it breaks above 101 and bearish trendline, could trade up to 101.30. Needs to break 100.80 to signal continuation of downtrend.
NZDUSD: Buy 0.6280 SL 30 TP 70
AUDUSD: Look for reaction at 0.6820
GBPUSD: Sell 1.3285 SL 40 TP 110
EURUSD: Buy 1.1150 SL 20 TP 50
USDJPY: Buy 145.30 SL 40 TP 160
USDCHF: Nothing for now
USDCAD: Buy 1.3515 SL 25 TP 80
Gold: Break 2670 could see rapid rise to 2700
DXY - MidtermThe FED surprised the markets with a 0.50 point preemptive rate cut. We expect this preemptive cut to cause a downward movement in the dollar index. However, we do not foresee a long-term downtrend. While the FED started the process with a larger-than-expected cut, other central banks had already begun their rate-cutting cycles much earlier. Therefore, after a brief decline, we expect the dollar index to stabilize and rise again.
Technically, the first of our two major support levels, 100.6, has been broken. We now expect the decline to continue towards the second major support zone between 99.4 and 99.75. The double-top technical formation on short-term charts also supports the downward momentum. If the price finds support in the 99.4 - 99.75 range, we could see a rise towards the 102.2 - 103 area.
As for the impact on other dollar pairs, we expect to see upward movements in XxxUsd pairs and downward movements in UsdXxx pairs.
AUDCAD Long - SLs Patiently Waiting To Get DestroyedWell, there is not much to be explained besides of: Look at the weekly and the higher lows. How much of confirmation do you need, that we want to attack the upper range? Look at the 4h and tell me what you see? I see dozens of Shorts trapped and begging to stay alive. Green line needs to hold to validate this idea. Good luck.