AUDUSD high probability possible 1000 pips tradehello guys ,
today we are looking at AUDUSD , this pair provides a very good opportunity for a bullish setup
on the daily tf the price made a double bottom and broke its neckline however on friday the daily candle closed as an inverted hammer.
it is possible that the price might pullback towards the neckline to do a retest that also overlaps with the 4h orderblock which is going to be my point of interest and my entry point . id wait for confirmation to enter on 50% of the OB.
Audusdsignal
AUDUSD
In the AUD/USD 4-hour timeframe, a bullish trend appears imminent following a falling wedge breakout after completing its 5th wave. Currently, the pattern seems to conform to an ABC correction, with the last impulse correction nearing 78% completion. A breakout confirmation from the bullish flag pattern suggests a favorable entry point for traders anticipating further upward movement.
AUDUSD: Asia's foreign exchange market is quiet as China's econoMost Asian currencies have been little modified on Tuesday as China`s monetary objectives for 2024 did not buoy markets, even as the greenback steadied in advance of in addition hobby fee alerts later withinside the week .
Anticipation of greater alerts on US hobby prices additionally saved maximum nearby devices buying and selling in tight ranges, specially as remarks from Federal Reserve officers persevered to downgrade expectancies for reduce early.
China's Yuan is quiet because the People's Congress dominates
The Chinese yuan become mildly risky on Tuesday, with the currency's decline tempered with the aid of using a robust midpoint adjustment from the People's Bank of China.
Sentiment closer to the Chinese marketplace advanced little after Beijing set a 5% GDP goal for 2024, similar to 2023. But with a decrease economic deficit goal for the 12 months, traders query asks how possibly this aim is to be accomplished whilst the economic system is not able to reaching it. decrease baseline for assessment with the COVID-19 pandemic.
The Chinese authorities additionally promised greater stimulus measures this 12 months to enhance boom. But the obvious loss of proposed measures has left humans unhappy.
Separately, a personal survey confirmed boom in China's offerings enterprise slowed in February, indicating persevered monetary headwinds for the country.
Asian currencies in trendy are negatively motivated with the aid of using China because of its distinguished economic system withinside the region.
The Australian greenback, which has excessive exchange publicity to China, fell 0.1%, whilst information confirmed an development withinside the country's modern-day account withinside the fourth zone. Article The newspaper study in advance of a capacity development in fourth-zone GDP information, predicted out on Wednesday.
DeGRAM | AUDUSD kill zone for short opportunityAUDUSD is moving in the descending channel, creating a potential AB=CD pattern.
Price broke and closed below the consolidation zone, and it created a kill zone for the short opportunity.
We expect a bearish move from the kill zone and completion of the AB=CD.
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AUDUSD LONGThe AUD/USD pair delivers a V-shape recovery from 0.6490 as investors hope the Federal Reserve (Fed) will start reducing interest rates from the June policy meeting. The Aussie asset recovers sharply as the US Dollar comes under pressure.Meanwhile, the Australian Dollar performs stronger on February's upbeat Caixin Manufacturing PMI. Surprisingly, the economic data rose to 50.9 from expectations of 50.6 and the prior reading of 50.8. The Australian economy is China's leading trading partner, and an improvement in the latter's economic prospects eventually strengthens the confim signal
AUDUSD SELLAUD/USD delivers strong recovery from 0.6500 on subdued US Dollar
AUD/USD recovers vertically from 0.6490 as the US Dollar turns subdued. The market participants hope that the Fed will announce a rate cut in June. Upbeat Caixin Manufacturing PMI improves the appeal of the Australian DollarT.he AUD/USD pair delivers a V-shape recovery from 0.6490 as investors hope the Federal Reserve (Fed) will start reducing interest rates from the June policy meeting. The Aussie asset recovers sharply as the US Dollar comes under pressure. CONFMIR SIGNAL
AUDUSD : Short Trade , 1hHello traders, we want to check the AUDUSD chart. The price is moving in a descending channel and is undergoing a correction to a key level. We expect this level to play the role of a resistance level and maintain the downward trend of the price and the price will fall to around 0.64900. Good luck.
AUDUSD - Still bearish ✅Hello traders!
‼️ This is my perspective on AUDUSD.
Technical analysis: Price rejected from bearish order block and started to fall as I expected in my previous analysis. Now I will look to add short position if price fills the imbalance higher and rejects from resistance zone.
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AUDUSD 200pips SELL see WHY below.AUDUSD just tanked below the PML - Previous Monthly Low. Considering we didn't get a proper DIVERGENCE on the last Leg we are now expecting this leg to get us the proper DIV leg we have been expecting.
We expect a pullback to the PML then a FLUSH to the next KEY ZONE.
AUD/USD SHORT from .6535AUD/USD has failed to break the 200 EMA on H4 and it looks like the BULLS are in retreat.
On H1 we are below all major EMA levels (25,50,100,200) and the 25 and 50 are now under the 100 EMA. 100, 50 and 25 are gouping together and crossing over each other south.
On the Nadean Oscillator we can see the green buy line is moving south over the signal line and the red SELL line is rising.
The Pivot Point SuperTrend has repelled the price 3 times and AUD/USD BEARS are taking control.
We can get a tight STOP on this trade at .6558 (23 pips) which is today's high.
Target for this trade is open as there's clear daylight between the current price and the next significant support level at .6486 which is the notional target.
It needs to be pointed out that the key WS1 pivot is only 8 pips away and this could support the price but the overall picture looks very BEARISH and I doubt if buyers will come in at WS1 sufficiently enough to deter the BEARS.
AUDUSD and NZDUSD 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:🟢Possible scenario🟢(Details on caption)
As you can see, the price reacted bullishly after collecting the liquidity, created the inversion FVG, and shifted the market structure.
Now I see the price can draw to the buy-side liquidity, here we have two bullish scenarios:
1- The price may go higher from here and create the bullish FVG, respect them, and grab all buy-side liquidity.
2- There is a clear 1-hour bullish order block below the liquidity pool that formed as an equal low on the 50% Fibonacci level. So we can expect the price to move down to the demand zone (bullish order block) and then with the LTF confirmation, we can enter the buy position.
💡Wait for the update!
🗓️27/02/2024
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AUDUSD: Asian forex gains as dollar weakens; The yen increasedMost Asian currencies rose slightly on Tuesday, easing some of the dollar's slight decline before a key inflation gauge is set to give more signals on US interest rates in this week.
However, gains in the region's currencies remained limited, with most currencies remaining within trading ranges established over the past two months. The greenback also remained at its highest level in the last three months.
BUY TRADE SETUP ON AUDUSDHey Traders,
Check out this technical analysis on AUDUSD; it appears to be undergoing a mild pullback, potentially indicating a bullish momentum continuation pattern (flag).
However, I would recommend waiting for a breakout above the flag pattern before considering a buy-trade entry.
Keep a close eye on this.
AUDUSD: Asian foreign exchange market increased slightly as the Most Asian currencies rose on Wednesday, seeing relief as the dollar eased in anticipation of more signals from the Federal Reserve on its path to adjusting interest rates.
Regional units are still suffering heavy losses in recent sessions as fading expectations of an early Fed rate cut sent the dollar rallying to a three-month high.
However, the greenback has fallen significantly from recent highs this week, bringing relief to Asian markets.
USD falls after Fed minutes, speakers in sight
The dollar index and dollar index futures both fell about 0.1% each during the Asian session, as investors took some profits in the greenback ahead of a series of signals Fed this week.
Minutes from the Fed's late January meeting are due later on Wednesday, after the bank kept interest rates steady and largely downgraded expectations for an early rate cut.
In addition to the minutes, a host of Fed officials will also speak this week, including Raphael Bostic and Michelle Bowman later on Wednesday.
AUDUSD: Bullish Outlook For Next Week Explained 🇦🇺🇺🇸
We see a local confirmed bullish reversal on AUDUSD.
The pair violated a key horizontal resistance and a resistance line
of a falling wedge pattern.
We can anticipate a growth.
Next resistance - 0.661
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DeGRAM | AUDUSD drop from the resistance levelAUDUSD dropped from the resistance level and fell below the previous support.
The price broke and closed below the resistance level.
The market is consolidating on the 4-hourly chart, and price likely will retest the support.
We expect a bearish move.
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AUDUSD H1 / Looking For a Short Entry in SUPPLY AREA 📉Hello Traders!
This is my idea related to AUDUSD H1/ I will set a pending order in the supply area, where I expect the price to go bearish. I will look for a short trade (if I will see the confirmation) in the supply area as this is my area of interest.
Traders, if you liked my idea or if you have a different vision related to this trade, write in the comments. I will be glad to see your perspective.
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AUDUSD - Potential short ✅Hello traders!
‼️ This is my perspective on AUDUSD.
Technical analysis: Here we are in a bearish market structure from 4H timeframe perspective, so I am looking for short. I want price to continue the retracement to fulfill the imbalance and then to reject from bearish order block.
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AUDUSD : Long Trade , 4hHello traders, we want to check the AUDUSD chart. The price is moving in an uptrend after breaking the descending channel. The price has pulled back to the specified support level. We expect this level to maintain the upward trend of the price and the price will grow to around 0.66200. Good luck.
AUDUSD BUY | Day Trading AnalysisHello Traders, here is the full analysis.
The completed correction, recovery and formation of a pre-breakout set-up hint at the continuation of growth. GOOD LUCK! Great BUY opportunity AUDUSD
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