Audusdbuy
AUDUSD Long Term BUYING Trading IdeaHello Traders
In This Chart AUDUSD HOURLY Forex Forecast By FOREX PLANET
today AUDUSD analysis 👆
🟢This Chart includes_ (AUDUSD market update)
🟢What is The Next Opportunity on AUDUSD Market
🟢how to Enter to the Valid Entry With Assurance Profit
This CHART is For Trader's that Want to Improve Their Technical Analysis Skills and Their Trading By Understanding How To Analyze The Market Using Multiple Timeframes and Understanding The Bigger Picture on the Charts
AUDUSD : Long Trade , 4hHello traders, we want to check the AUDUSD chart. The price has broken the descending channel and there is a high probability that an upward trend will start. If the price pulls back to the specified key level, we expect this level to maintain the upward trend of the price and cause further price growth. We expect the price to grow up to around 0.65300 and if it can break this level, the next price target will be 0.66100. Good luck.
A Short Trader May get happy today, on this AUD pair! {07/08/23}Educational Analysis says AUDUSD may go Short according to my technical.
This is not an entry signal. I have no concerns with your profit and loss from this analysis.
Why long?
Because AUDUSD respects an uptrend line facing down line on a 4-hour time frame.
The market is bearish but a strong AUD may change its direction and start a new trend soon.
The black line is the Order block
The RED line is high and low at the current price.
I HAVE NO CONCERNS WITH YOUR PROFIT OR LOSS,
Happy trading, FX Dollars.
32,600 Jobs Added! Aussie Dollar Skyrockets!The Australian dollar has surged, driven by an impressive employment report that far exceeded expectations. In the month of June, Australia's net employment rose by a staggering 32,600 compared to the previous month, surpassing estimates by more than double.
This development propelled the Aussie currency up by over 0.9%, reaching an intra-day high of $0.6834. The New Zealand dollar also rode the wave, gaining 0.57% to reach $0.6299. Both Antipodean currencies are now poised to reverse the losses incurred over four consecutive trading sessions.
The current market sentiment favors the bulls, with both short and long-term momentum in their favor. Price action is trading above the 50 and 200-day moving averages, reinforcing the positive outlook for the Australian dollar.
Elsewhere in the currency market, the sterling is doing its best to counter deep losses following a sharp fall in the previous session. The decline was prompted by Britain's inflation data, which fell short of market expectations.
The British pound managed a modest recovery, trading 0.15% higher at $1.2958 in the latest session.
AUDUSD Top-down analysisHello 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:UPDATED CHART 10/07/2023❤️Dear Traders, hope everyone having an profitable week. Our last setup on AUDUSD showcased the possible future trend of the pair. Price came close to our area of entry.
In our opinion price already have completed the bearish move and the bulls have taken control over.
AUDUSD : Long Trade , 1hHello traders, we want to check the AUDUSD chart in the 1-hour time frame. The price is moving in an upward trend after breaking the descending channel. If the specified key level can maintain the price, we predict that the price can continue its upward trend. Let Veta grow to 0.67200 and then 0.67600. Good luck.
20 Reasons for Buy AUDUSD🔆MULTI-TIME FRAME TOP-DOWN ANALYSIS OVERVIEW☀️
1:✨Eagle eye: A completely bearish trend is in place. The last low was created in 2001, followed by a CHOCH (Correction of Higher Chance) that occurred in 2011. The market then entered a correction phase and formed a valid lowest level in 2020 with a big hammer and heavy volume. This indicates that the market may have formed a higher low and could potentially continue its bullish journey. Currently, the market is making an inside hammer move and coming down for a liquidity grab. Price has reached an extreme level, and if we closely observe, we'll notice that each candle has lower-side wicks.
2:📆Monthly: Despite the overall bearish trend, there is a valid low formed, and at that low point, there is a significant volume which indicates a strong buying area. If we look at the closing of November 2022, there is a big doji candle followed by big bullish momentum moves. The current month's candle also shows a similar character.
3:📅Weekly: A triangle pattern is forming, and it has almost narrowed down according to the timeframe or the triangle's nature. If we check the ratio of bullish and bearish candles from the last low to the current candle, we can clearly observe powerful bulls in control. The internal structure forms a bearish CHOCH, but it immediately creates a fakeout, turning the bearish CHOCH into a bullish pattern. Take this into consideration.
4:🕛Daily: A very strong CHOCH has already occurred, and now the price is making a corrective move after the CHOCH. At an interesting point, we can observe significant volume before the point, indicating profit booking. Following this, there is a classic doji candle and the current big bullish momentum candle that signals a long position entry.
😇7 Dimension analysis
🟢 analysis time frame: Daily
5: 1 Price Structure: Bullish CHOCH
6: 2 Pattern Candle Chart: Doji and momentum candle
7: 3 Volume: Execution volume before 3 days
8: 4 Momentum UNCONVENTIONAL RSI: Shifting from a bearish range to sideways, indicating strength on the upside. RSI holding above the 40 level signifies strength in the upside move.
9: 5 Volatility measure Bollinger bands: After a volatile move, the price is currently in a calm mood. The last squeeze breakout formed a headfake formation where the price initially went down and then reversed, leading to opposite price moves.
10: 6 Strength ADX: Sideways movement
11: 7 Sentiment ROC: AUD is stronger than USD on the scoreboard.
✔️ Entry Time Frame: Daily
12: Entry TF Structure: Bullish CHOCH
13: Entry Move: Impulsive
14: Support Resistance Base: Support at Fibonacci Validation Zone (FVG) and order block (OB)
15: FIB: Trigger event activated
☑️ Final comments: Buy right now.
16: 💡Decision: Long
17: 🚀Entry: 0.6700
18: ✋Stop Loss: 0.6630
19: 🎯Take Profit: 0.6970
20: 😊Risk to Reward Ratio: 1:3
🕛 Expected Duration: 15 days
AUDUSD BUYING Trade Setup H1At the moment, AUD/USD is trading at 0.6759. According to my limited knowledge, if it goes down, it will reach the support line of the channel. After that, it will move towards the resistance of the channel, and then there will be a breakout of the channel. After retesting, it will continue to move upwards.
Disclaimer: The information provided is for general informational purposes only and should not be considered as professional advice. Use at your own risk.