Audusd - Daily - Aussie has reached near the end of its 4 months long uptrend and now comes into a peak monthly supply zone...Expect a sharp reversal and sell off on this pair from current levels..
AUDUSD Shorting AUD here as DXY seems to be breaking out after relentless selling and there is clear structure in the AUDUSD making it the ideal candidate to short.
The AUDUSD pair eventually turned bullish following our previous analysis as it broke above the 1D MA50 (blue trend-line) and as we mentioned, it targeted the June 03 Lower Highs trend-line (dashed) and the 1D MA200 (orange trend-line): A closing above this trend-line will target the flat May 05 Resistance Zone. Until then, selling is favored as also shown by...
AUD-USD broke out of the rising wedge And the breakout is confirmed So after the pullback and retest I will be expecting a move down
After breaking above 0.65 resistance, AudUsd accelerated its gains and reached a local top at 0.68 in mid-November. For the last 2 weeks, the pair was in correction and consolidation and has put a nice symmetrical triangle on our chart. As long as the price stays above the up-mentioned resistance/now support, bulls hold the upper hand, and odds are in favor of...
Buoyed by a weak US dollar, the Australian Dollar keeps rallying to close the week on a bullish tone. Going into the new, all eyes shall be on the RBA meeting minutes, Unemployment Rate, and Employment change to decipher if a breakout of the 0.67000 level will happen or not. Risk Disclaimer: Margin trading in the foreign exchange market (including commodity...
The AUDUSD pair first will fall then it will take buy setup by taking support. Better to wait for the support zone to buy it.
The U.S. dollar appears to be handing back some of its gains as buying traction was predominant during the course of last week's trading session. It is also worth noting here that the Dollar Index, which tracks the Greenback against a basket of major currencies fell by 0.1% to suggest the possibility of a retracement in the nearest future. Will the breakout of...
The AUDUSD pair has been trading within a Bearish Megaphone since the August 11 High, which was a direct rejection on the 1D MA200 (orange trend-line). In the last two days, the price is pulling back again after a 2-week rally that pushed it near the top (Lower Highs trend-line) of the Bearish Megaphone and the 1D MA50 (blue trend-line). Technically a rejection...
AUD-USD is trading in a falling channel And the husband re-tests Channel support level at 0.65073 I think it's followed by a bounce from existing areas By the bullish correction is possible So we will be waiting for the reversal signs To be able to enter a long trade BUY
audusd break the trend line with impulse we expect market start reversal...high curve supply is our target
The AUDUSD pair got heavily rejected yesterday on the 1D MA50 (blue trend-line) following the worse than expected CPI report. This is the first update we make on the pair since our August 05 analysis, that targeted the 1D MA200 (orange trend-line) following the Wedge break: Our target has been completed and the price has entered since a new corrective pattern...
This 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 AUDUSD pair broke last week above its long-term Falling Wedge pattern and the 1D MA50 (blue trend-line) and has been consolidating ever since. With the 1D RSI on Higher Lows since May 02, which has been a Bullish Divergence, it is more likely that the rise will be resumed towards the 1D MA200 (orange trend-line) which has been the Resistance since April...
Hi everyone in the TradingView community. I am Rana Sarmad I like to share and talk about trading strategies. If you are a member of my subscribers list and like my ideas, please don't hesitate to let me know by hitting that Like button and growing my notification count! We are going to discuss about FX:AUDUSD We can see market is going to make a long trend...
Trend: Downtrend according to DOW theory a series of LL and LH Reason for Taking Short: A formation of Bearish Engulfing Candle at the LH of the trend right at the resistance level indicates a downfall in the price. SL: At the privous LH of the trend. TP1: At the nearest support of the trend. TP2: Nill.
As we head into the new week, a break above the key level at $0.68700 might open room for bullish momentum. In this video, I explained how to take any potential opportunity - be it bullish or bearish. Risk Disclaimer: Margin trading in the foreign exchange market (including commodity trading, CFDs, stocks etc.) has a high risk and is not suitable for all...
The AUDUSD pair has been trading within a long-term Channel Down pattern since the February 25 2021 market top. As we pointed out on our previous analysis on this pair, the trend remains bearish unless we get a candle closing above the 1D MA200 (orange trend-line): In fact as you see, we got an emphatic rejection on the 1D MA200 instead, the 2nd within this...