AUD/USD hourly chart analysis, further decline likelyDear traders, AUD/USD has pulled back a bit after dropping to 0.6665 level.
However, it seems like the current pullback is about to end.
Price is struggling to cross the 100-hour moving average which is acting as
a dynamic resistance in AUD/USD . So, my recommendation is to sell the
rallies in AUD/USD.
The short-term target would be 0.6670. If the minor support line at 0.6670 breaks,
expect further decline towards 0.66
Audusdforecast
AU Dump Set to Soar by an Impressive 3.57%?Technical Analysis :
12 hour pull back chart :
Verified by VRVP :
I'll join the action only when that red line finally breaks.
My strategy involves using a dynamically trailing stop loss approach.
Feel free to leave comments if you'd like to receive regular updates on my SL's.
Thank you, loyal followers! Your support drives me forward on this incredible trading journey. Let's achieve financial success together!
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.
AUDUSD - Bearish continuation ✅Hello traders!
‼️ This is my perspective on AUDUSD.
Technical analysis: As I expected in my previous analysis price rejected from daily bearish order block and changed the character on 1H timeframe. Now I will look to add shorts position, so want price to continue the retracement to fill the imbalance higher and then rejects from there.
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AUD/USD best level to sell? + 385 Pips potentialDear traders, AUD/USD has been in a relentless uptrend for the last 2 weeks
or sell. Post FOMC, Price spiked up rather quickly.
However, it is possible that the spike was a melt-up scenario and AUD/USD
may have reached the top. So, in case the resistance level at 0.69 holds,
we can consider a potential sell set-up in AUDUSD@0.6880-0.69 with SL
above the resistance and swing TP at 6460 .
AUDUSD - Expect bearish price action ✅Hello traders!
‼️ This is my perspective on AUDUSD.
Technical analysis: Here we are in a bearish market structure from daily perspective, so I am looking for short position. I see price to reject from bearish order block + institutional big figure 0.69000 for a new expansion lower.
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AUDUSD: Short Term rally continuation?Technically speaking, the FX:AUDUSD pair has triggered an interesting rally during the past week, and this swing could still continue with the development of a 1-2-3-4-5 impulsive structure in near term.
If we look at intraday chart, on 1H time frame, the pair should trigger some pullback (or corrective structure) which could be used to take long position.
Trade with care!
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Cheers!
Sell AUD/USD if the resistance holds, +230 Pips potentialDear traders, AUD/USD is back in the resistance level. So far, price has not
broken the resistance level.
So, if AUD/USD doesn't break the resistance level and bearish price action
strengthens at this level, then selling AUD/USD@0.6820 with SL above the resistance
level and TP at 0.6585 would be a potential sell set-up .
4.26% AUD/USD Plunge: Short and Win!Technical Analysis:
Trend Line Breakout
Focus on Targets:
It is advisable to monitor the targets and their progress.
SL Touch and Re-entry:
In case the stop-loss (SL) is reached, and I decide to re-enter, I will share the details of my re-entry.
Feedback is Welcome:
Please feel free to provide your valuable feedback.
Potential Sell in AUD/USD if the resistance level holdsDear traders, AUD/USD has been in an uptrend for the last few days.
However, price has not been able to break the resistance level
that I have highlighted in my chart.
Keep in mind, that we have the FOMC event later in the day which could
lead to a lot of volatility in the AUD/USD pair. So, be very cautious with
your entry.
That being said, if bearish price action forms in the resistance level,
traders can consider selling AUD/USD@0.68 with SL above resistance
and TP at 0.66.
AUDUSD 13June2023there is a change in the elliot notation for this pair. looking at the bullish pattern that occurred, this is not a correction model, but an impulse bullish. It could be the escort of the bullish trend. I suggest that if you want to buy, it's better to hold and wait for the SnD area in the middle.
AUD/USD best level to sell for + 190 PipsDear traders, check out the chart image and you can see that AUD/USD
is struggling to break the resistance level. The likelihood of a decline
in AUD/USD is increasing after the price hits the resistance level.
Sell AUD/USD@6785-.6810 with SL above resistance and initial TP at 0.66
#AUDUSD- 230+ PIPS CLEAN SELL SETUP❤️Dear Traders,
-Hope you had a great weekend, FX:AUDUSD is on bullish trend, price have break out number of structures and retested all buying zone and respected it, now in our analysis. We wanted to make everything clear, price will come to our 'premium selling zone' area; where we want an nice clean move of 230+ pips after which we may see some bullish price movement.
-Once price rejected at our area and drops from there, enter a sell entry with 40- 50 pips with a good 'risk management'.
as always have a good mindset before you analysis or trade; emotions turns good trades to bad once.