#AUDUSD to the upside---------AUDUSD LONG---------
I just went long on AUDUSD currency pair. I think when everybody is expecting more downside for AUD and more upside for USD now it the time to prepare for longer correction. Main trend is down however I expect this to correct a bit to around 0.65 levels. We will see.
This is not a financial advice, do your own analysis and research!
Audusdanalysis
AudUsd- Remains bearishSince mid-August, AudUsd is trading in a range.
Last week the pair tried to break under support and failed. The pair reversed and tested 0.65 zone resistance once more, a level at which bears sold the pair aggressively, leaving a long-tailed Pin Bar on our chart.
At the time of writing the pair is dropping once more and this time is very probable to have a genuine break of support if the pair touches this level again.
In this case, down continuation to the 0.62 zone is the most probable scenario.
As long as AudUsd is trading under 0.65 I'm bearish
AUDUSD Analysis 1 Okt 2023After analyzing the Audusd on the D1 timeframe, I noticed a trend-forming candle from two weeks ago. There was a trendy sideways movement with a distance of 300 pips, but a bearish candle managed to break through the support in the middle of the week. I also observed a candle Pin Bar in the resistance area, which leads me to believe that the Bearish Trend is still dominant. Based on this, I recommend finding a short position now.
DeGRAM | AUDUSD is near resistance / psychological level AUDUSD recently broke out of the descending channel; it is trading near the psychological level a 0.65000.
The price is likely to consolidate around or below the psychological level for accumulation and go down.
The market created the bearish harmonic pattern, which is extra confirmation.
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AudUsd- Navigating its Downtrend: Where's the Bottom?Aud is very weak and the recent drop is not only on the back of USD strength...
After the new failed attempt to stay above 0.68 important figure back in July, the pair started to drop hard and in this descent cleared some very important levels that should have provided support: 0.66 and 0.65
For more than a month now the pair is trading in a 150 pips range, but the break down looks imminent at this moment.
Looking at the posted chart we see how strong the 0.65 ceiling is and for AUD to reverse back up would take a lot of fundamental reasons that simply are not there.
In conclusion, any rallies above 0.64 should be sold and swing traders could target 0.6250.
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 Analysis. New Signal From Me!!!Hello Everyone. I want share my idea about AUDUSD pair.
After some price consolidation i got some good moves which actually gave me new and good entry point.
Price action had perfect reaction from daily support which broke 4H interested zone ( here in consolidation price had many times reaction) and now it stopped there where we have daily Trendline which broke second time. i think from here to Daily resistance its really good moment to catch that movement.
Open Position - 0.64433
Stop Loss - 0.64133
Take Profit - 0.65110
Good Luck Everyone!!! Manage your risk!!!
AUDUSD SHORT SETUPCONFLUENCE
1. Major Down-Trend with a minor pullback channel.
2. Previous Daily Candlestick breaks the last 3 candles structure.
3. Swing Low Break of Structure on Daily Timeframe.
4. Order Block highs is the Swing High.
5. Order BLOCK created a FVG/imbalance right beneath itself in cause of an "Order-Flow" which is pulling back price to the spot for a "SHORT".
6. A Strong Sell Side Order Flow in 4bars of the 4H Timeframe.
Entry: 0.64985
SL: 0.65203 (22pips)
TP: 0.64220 (76pips)
DeGRAM | AUDUSD confluence level for short opportunityAUDUSD moved out of the ascending channel and made lower lows.
The price is pulling back to the resistance level at 0.64500.
Price action formed a confluence level for the short opportunity: fibo level 50.8% and dynamic resistance.
We expect a bearish move from the resistance level.
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AUDUSD - Long active ✅Hello traders!
‼️ This is my perspective on AUDUSD.
Technical analysis: Here we are in a bullish market structure from 4H timeframe perspective, so I am looking for long. I expect bullish price action from here as price filled the imbalance and could reject from bullish order block.
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AUD USD Bat forming I hope everyone enjoyed the Gold bat yesterday, I felt nervous about publishing it as everyone in the chats was saying to buy gold at the news. Anyway, all was good, and all the guys at XAU USD Elite earnt lots of lovely profit. It proves that if your strategy is sound then you always go with it, do not be swayed by others.
Anyway, here we are with the AUD USD, and a bat is forming. We know the rules; if it doesn't reach point D then the bat fails, we press delete, and go and find more bats.
Published 21st September 10:45am UTC+1
Will AUDUSD will fall sharply?AUDUSD is a forex instrument that has 5.4% of trading volume.
The Instrument has been in a falling wedge pattern and seems to continue its trend for some time.
It has touched the above trendline and might break the rectangle pattern to the downside. If it happens, it might give a violent move to the downside.
Once it breaks, wait for the retest, and then enter after the retest. It might be a nice trade with RR: 1:2.5.
Reasons :
If it breaks to the downside, it will also break VWAP to the downside, which might trigger the selling moment.
RSI has already shown weak strength, and the trendline is broken to the downside in RSI.
Price < 13 EMA < 200 EMA (Weak Trend)
Bearish pattern formation for 3rd wave.
Verdict :
Bearish if breaks downside.
Plan of action:
Short after downside breakout retest
AUD/USD Navigates Volatile Waters: Analyzing Barriers/CatalystsThe AUD/USD pair is currently in a volatile state due to conflicting signals from macroeconomic trends in China and the United States. A strong resistance level at 0.6485 makes it difficult for upward momentum to develop. China's positive economic data offers some upside for the AUD, while the US dollar's strength creates downside risk.
TRADE IDEA DETAILS
CURRENCY PAIR: AUD/USD
CURRENT TREND: Sideways, with resistance at 0.6485
TRADE SIGNAL: Neutral (Caution advised)
👉ENTRY PRICE: 0.6450 (only if you see a confirmed breakout above 0.6460)
✅TAKE PROFIT: 0.6500 (if the breakout happens, targeting the next psychological level)
❌STOP LOSS: 0.6420 (below the lower boundary of the current range)
ANALYSIS:
The currency pair is facing strong resistance at 0.6485, making a 'Buy' signal risky unless a confirmed breakout occurs above 0.6460. With the Chinese economic indicators being positive but the US Dollar being strong, we're essentially in a market tug-of-war, contributing to a sideways trend. Given this, a cautious approach is warranted. For a 'Sell' signal, additional downward pressure would need to manifest, possibly from US economic data.
FINAL THOUGHTS:
The current conflicting macroeconomic indicators from China and the US are resulting in a sideways trend. In this setup, caution is advised. It's essential to watch for definitive signals in either direction before entering the market.
AUDUSD SHORT!!!Hey Traders!
What we see on AU is quite clear, we making a bearish structure in LTF, so we have permission to enter with half risk without confirmation from HTF,
So guys manage your risk not more than 0.5%,
I will update you if I see any sign of bullish move,
Good luck,
Any question comment me bellow!
@FxShd Team
AUDUSD Analysis 14Sep2023To observe a positive trend for AUDUSD in the bullish market, certain obstacles need to be overcome. This includes breaking through resistance areas and trendlines to determine the direction of the bullish trend. The resistance zone appears to be the initial target, with a high chance of the price responding positively to it.
AUDUSD SHORT TermVSELLING Trading IdeaHello Traders
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