AUDUSD | Bearish DivergenceThis idea is a continuation of the previous idea, which is listed below,make sure you've seen it!
In this idea, bearish divergence are clearly seen in 1 hour time frame, of course this is our chance to take short, but there are conditions to ensure that this divergence is valid,there are two confirmations that you can choose or you can choose both
Option 1
The first option is the trend line, this is the most basic and simple confirmation, the way to use it is when the price has crossed the trend line, then that's when we can enter
Option 2
For the second option, this option was chosen because the area is a strong area, if the price manages to break through this strong area, then it is a good time for us to enter
How about combining the two options?
To combine the two, we need to wait for these two options to have been breached. the conclusion is that if only one option has been penetrated (while the other has not) then we have to wait for the other option to be penetrated by the price
Thank you for taking your time to read, it makes me more synergistic
Stay tune!
Audusdsell
AUDUSD Multi-timeframe analysis,UPDATEDHello traders, this is the full breakdown of this pair. We will take this trade if all the conditions are satisfied as discussed in the analysis. 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.
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AUDUSD Multi-timeframe analysis UPDATEDHello traders, this is the full breakdown of this pair. We will take this trade if all the conditions are satisfied as discussed in the analysis. 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.
Press like button if you enjoy this content 😊
AUDUSD and EURUSD Analysis todayHello traders, this is the full breakdown of this pair. We will take this trade if all the conditions are satisfied as discussed in the analysis. 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.
Press like button if you enjoy this content 😊
Will the AUD turn on Tuesday’s rate hike? The Reserve Bank of Australia (RBA) will release its interest rate decision on Tuesday September 6. Forecasts are for another half-percent increase in the cash rate. If forecasts hold up, Tuesday’s rate hike will be the fourth consecutive 50-basis-points increase from the RBA, lifting the cash rate to 2.35% from the current 1.85%.
Still, even with another rate hike under RBA’s belt, not many investors are pegging the AUD to start outperforming the USD to any great degree or for any sustained period.
To analyse the current trend for the AUD/USD, we can use the Trend Meter Indicator. This indicator can help confirm whether the direction of a pair might turn. The Trend Meter Indicator aggregates the data from several other indicators to measure the current strength of the movement, such as the MACD, RSI signal line cross, and MA cross. If the Trend Meter Indicator shows green dots consecutively, the trend is seemingly bullish and will likely continue so long as it stays on the green side. However, if a red dot appears after a long streak of green dots, the trend might be thought to reverse.
With the use of the trend meter indicator, we can see that the indicator has already given a bearish signal at the end of August on the daily timeframe by providing a red dot indication.
Since then, there has been no sign of green dots, which means that the trend on the downside is still intact, even with support being created at 0.67800.
Traders who want to trade the pullback to the upside might want to wait for the green dot signal using this indicator. Otherwise, it may be wiser to looking for a bullish Australian dollar with other AUD pairs.
AUD/USD Likely to fall!Hey tradomaniacs,
looks like AUD/USD wants to continue with the previous breakout to move down.
Current dissapointment by Jerome Powell saying they won`t ease their monetry policy in the upcoming future caused another risk-off-mood in equities and a strong US-Dollar.
If we see more sell-offs on indicies be ready to short aud/usd - Technically a good spot to sell!
AUDUSD is in sell zone!!AUDUSD (4H) long-term bearish market, the price currently has tested this neckline of a double top on the 4H highly likely to be rejected as long term trend is down and the price is in an important area of value. At the same time price has completed a head & shoulder could potentially prepare for a further drop.
AUDUSD preparing for drop!AUDUSD (4H) has formed a strong bearish price action on all timeframes. After a daily bearish engulfer on the last day of the trading week, today's price dropped early, now the price is testing this daily support and showing significant rejection on 4H forming a doji candle. It is highly likely that the price will continue to drop from this as the long-term trend is bearish.
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AudUsd to break under supportAfter the low made in mid-July, AudUsd has started to rise and managed to pass above 0.7 important figure.
However, bears quickly took control and the pair fell under 0.7 again, a new attempt from last week is also quickly reversed leaving a strong bearish engulfing candle formation at the end of last week. Also, in August PA is an H&S and now AudUsd is trading in its neck-line support.
I believe this support will also fall and the pair will dive to 0.67 next important one.
Sell rallies is my strategy for this pair with negation above last week's high
AUDUSD Daily Price should reached that black line then pull back to test the FVG then continue going up to 0.72 or 0.74
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🧅Disclaimer :There are risks associated with investing in securities. Investing in stocks, bonds, exchange traded funds, mutual funds, and money market funds involve risk of loss. Loss of principal is possible. Some high risk investments may use leverage, which will accentuate gains & losses. Foreign investing involves special risks, including a greater volatility and political, economic and currency risks and differences in accounting methods. This is Not Financial Advice
🧅JUST AN OPINION OF THE ONION.🧅
AUDUSD ! Uptrend line is broke, looking bearish AUDUSD has received a strong rejection from the level of 0.71250 and is likely to continue its drop. The uptrend line that was a strong support before did not help this time. I think buyers may be not interested. If you want do a short trade, it will be the lowest risk open when the price test line.
AUDUSD – SPOT: Selling On RetracementAUDUSD – SPOT: Selling On Retracement Around 0.7264 - 0.7282 Key Resistance Area
Price Action: Price formed an Inside Bar Pattern late last week (We are not considering trading this pattern).
Price moved higher from the prior Inside Bar Pattern that had formed early last week (We did not consider trading this pattern, nor did we mention it).
Potential Trade Idea: We are considering selling on a retracement higher and after a price action signal, at or just under the 0.7264 – 0.7282 key resistance area.
SELL LIMIT ORDER ON AUDUSD ACCORDING TO MY TECHNICAL ANALYSIS.Educational Analysis says AUDUSD may go SHORT. According to my technical.
This is not an entry signal. I have no concern with your profit and loss from this analysis.
Why SHORT?
On 4HR AND 1HR timeframe pair is making LOWER HIGH AND LOWER LOWS.
I HAVE NO CONCERNS WITH YOUR PROFIT OR LOSS
HOW TO TAKE ENTRY ON THIS?
On 15 min timeframe, the pair changes its character and the price push toward also pair breaks the major structure
SELL LIMIT ENTRY:- 0.69786
STOP LOSS:- 0.69828
TAKE PROFIT:- 0.66273