AudUsd- Reversal underway?In mid-August, AudUsd started to rise and correct the down move, and at the beginning of September, a new leg down took place.
However, this new leg down couldn't make a new low, but a higher low instead which puts under question the medium-term downtrend.
The last breakdown has proven to be a false one and AudUsd quickly recovered losses.
At this point, the chart structure is very constructive and indicates bullish momentum for the coming days.
I will look to buy dips for a break of 0.73 resistance and continuation to very important 0.75 zone
Audusdbullish
AUDUSD | Prepare to buy!They say Trend is your friend ,,
but we can always go against it to catch the big rewards if done correctly.
We are waiting for the price to retest our trendline..
and even better if we get a false breakout then return inside the trend.
That would be the right moment to go long.
USD has been so strong in the last 3 trading days,,
but i am bearish on USD, and we have RBA Meeting Minutes, which could give AUD a huge push Up.
AudUsd- 100 pips grows potentialAfter the false break under 0.72, AudUsd reversed quickly and is now trading in 0.73 zone confluence resistance.
With a weak USD all over the market, I expect a break here and Aussie can accelerate gains towards the next resistance around 0.74
0.72 should provide solid support at this point
AUDUSD Swing SetupDont rush the market. Let price come to you. Allow your setups to build. When your confluences are all aligned, open your positions. I am currently waiting for price to break and retest the trendline. An earlier entry was missed, but that means no harm and this current setup was meant to be my second entry.
*Disclaimer*
This is not financial advice. Forex trading is a risky business. Trade at your own risk. Patience and risk management are always key
#Trade_Like_A_Magnate
AUDUSD H1 BUY We buy this pair because there is a strong support below and the New Jerusalem Indicator has already turned blue meaning it is a potential time for buying this pair. The entry and exit levels have been indicated. We know what we are doing and we do what the market is doing. Wish you success. Experience zero poverty.
AudUsd- the range should be resolved soon enoughSince mid-April, AudUsd is trading in a range, and, if we ignore the spike up, the pair moved between 0.77 and 0.78
The trend is clearly up and this, combined with a very weak USD, gives me reasons to suspect an upbreak.
However, I will wait for a clear break above to enter a trade
AudUsd- to break above 0.8?After a first attempt to break above 0.8 at the end of February, AudUsd corrected and found strong support in 0.76 area.
A rebound and more than one month of consolidation followed.
At this point, the pair looks determined to break this consolidation to the upside and we can see the pair going above 0.8
0.77 si very strong support now and only a breakdown would delay this bullish scenario
AUD/USD - STILL BULLISH HOW TO GET IN THE TRENDTechnical Overview: - AUD/USD
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Use this as a weather forecast, you are the person that has to put on a jacket when it’s raining.
Trade this sentiment based off your own entry strategy at the right time.
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AudUsd could rise to 0.7850 resistanceAfter finding strong support and bids under 0.76, AudUsd has risen and broken above the descending trend line which can signal that the correction is over and the pair is resuming its uptrend.
Now Aussie is consolidating gains above 0.77 support and a new leg up could follow
In my opinion, dips towards this support should be bought and only a drop under 0.7650 would negate this scenario
Regards
Mihai Iacob
AUD/USD - FOLLOW THE BULLISH MOMENTUM (BOTH ZONES)Technical Overview: - AUD/USD
Check out our previous posted analysis
Analysis is only 1 piece of the puzzle 🧩
Our analysis is a sentiment for the upcoming week, month.
Use this as a weather forecast, you are the person that has to put on a jacket when it’s raining.
Trade this sentiment based off your own entry strategy at the right time.
Flow with the Devil 😈
Trade with the manipulation👾
AUDUSD BULLISH SCENARIOInverted head and shoulders will be able to make AUDUSD continue bullish structure
here we go
as we can see on daily timeframe audusd consistently bullish as a corrective trend
we had to forecast his bearish and now we got some good pattern to trade for
we can execute audusd as my forecast , with sl and take profit as well
good risk to reward might make us win on this trade
if you guys have different perspective , dont be shy to comment below !
AUDUSD 4H TIMEFRAME Welcome to BittuFX - Trading 🎯
AUDUSD 4H TIMEFRAME!
AUDUSD BUY - 1.77350
🎯TP - 0.77546
🎯TP - 0.77855
🎯TP - 0.78709
📈SL - 1.76740
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AUD/USD - PICK UP THE TREND! (BUY POTENTIAL)Technical Overview: - AUD/USD
Check out our previous posted analysis
Recently we had seen the Australian Dollar get stronger and we had been waiting for price to sell off.
Last week we mentioned we are looking for long positions after taking out marked level as "fuel"
we had seen bullish week previously, after tapping into our marked sell zone we anticipated a sell which led us down again into smaller time frame discount areas.
This week we would love to see bears take control and bring us back down again into great buying areas!
We marked potential buy zones the lower being the better, due to our strategy, we can look to trade longs in both zones and exit as intraday
Price can react off the first buy zone and intraday long then follow up and go lower the next day, that's why an intraday strategy must be in place.
HTF suggests downside but the outer structure remains bullish targeting last highs created few weeks back.
Keeping it simple with fundamentals, stimulus had been officially passed this means more printing of the Dollar...
We do not update our weekly analysis frequently on this site!
From a smaller time frame we are expecting to continue this bullish run however we are not able to enter unless we get price falling down to our buy potential points of interest.
If you have missed or were not able to enter from previous analysis, we will need to see the potential this week before we can buy to our ultimate target riding this bullish momentum.
Analysis is only 1 piece of the puzzle 🧩
Our analysis is a sentiment for the upcoming week, month.
Use this as a weather forecast, you are the person that has to put on a jacket when it’s raining.
Trade this sentiment based off your own entry strategy at the right time.
Flow with the Devil 😈
Trade with the manipulation👾
AUD/USD Multi-Timeframe analysis (UPDATE)Hi Traders
Quick Update
H4 Chart
Target 1 at 0.78522 has been reached. We closed 50% of our position and have moved the stop loss at the lock-in-profits level at 0.77726 . Provided the market conditions will remain the same Target 2 will be reached soon.
Support Resistance
0.77552 0.77708
0.77119 0.78044
0.75630 0.78522
AUD/USD AT ResistanceThis has hit take profit on my previous posts for this pair. Now looking for a move that will give another chance the re-enter a long. Either this will continue to rise through resistance and then when it retraces and tests that level as support a long can be entered. Or it will retrace from the current price and offer a lower level to enter, although this is riskier as it will still need to pass resistance.
TP - 0.80662