AUD-USD is about to retest the descending resistance And because the 0.7290 level is strong, it represents horizontal resistance I expect a bearish reaction after breaking the minor ascending support line With the target being support below at 0.697
This will be my first long term perspective on this pair as I have waited a whole 2 months to identify a double bottom structure within a strong demand zone that has held price "supported" since July 2020! The strong memory for buying tendency at $0.7000 is a clue for an opportunity to buy the Aussie in the coming week(s). The Aussie advanced for a third...
AUDUSD has been trading within a Channel Down since the February 25 2021 High. The price has been rallying since the December 06 low and it trading above the 1D MA50 (blue trend-line) and towards the 1D MA200 (orange trend-line). The latter is the key technically, as it is a pivot point between the long-term bullish and long-term bearish trend. A rejection there...
When it comes to AUDUSD , right now price is staying near a demand zone and we already seen some rejections from that particular area, which clearly shows the signs of demand. From there we could expect a nice bounce off and good impulse to the upside. On the way to the upside, we should expect a resistance from T1, which was a previous resistance area. From...
If you find this technical analysis useful, please like & share our ideas with the community. Coming to the technical analysis of AUDUSD , I think we are going to see an upward movement. If you are going to go short now, make sure to place the stop below the previous support area . What do you think is more likely to happen? Please share your thoughts in...
AUD / USD (Australian Dollar vs US Dollar) Aussie dollar will make a new high around 50% area or 61% are which is shown on a chart and after that, we will finish (B) wave there and we will come down for making new low as a (C) wave. DISCLOSURE - Please be informed that the information I provide is not a trading recommendation or investment advice. All of my...
Hello 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.
The aussie dollar pair dropped farther this week and it's ready for another drop down to test the bottom of the channel. If the channel fails to hold, we think that we can see farther down side. The coming week should be rather choppy as the market finds direction. BEAR CASE One more drop down to test the bottom of the channel at 0.725 is needed before...
This pair got rejected recently on the 1D MA200 (orange trend-line) as it was rising from August lows but right now is ahead of a strong bullish signal, which last time started a very strong multi-month rally. That is the 1D MA50 (blue trend-line) / MA100 (green trend-line) Bullish Cross, which last time it happened on June 09 2020 started a Channel Up and never...
Since my last publication on this pair, the price moved 150pipos in our direction before the reversal began (see link below for reference purposes). The Greenback 5-months winning streak appears to have come to end. The appearance of a Double Bottom pattern coupled with the relaxation of COVID-19 restrictions in Sydney, Australia’s most populated city after a...
⏳ Forex 💎 AUDUSD has formed a Bullish Flag. It has been rejected from the bottom of the flag and we see a large green candle which indicates we might see a Bullish move soon. After the breakout we will see a Bullish move. 💵 Invest Only 2% of your Portfolio 🎳 Entry at market or 0.73300 ☕️ TP1 0.74090 🍺 TP2 0.75000 🚫 SL 0.72500 Check the Links in...
The Aussie suffered the most on Tuesday after the Reserve Bank of Australia announced its decision to maintain its tapering plans, reducing its bond-buying purchases from A$5 billion to A$4 billion per week. Reaction after this decision is evident on the market as the price rejected $0.748000 to drop 1.81% during the course of last week trading session. In this...
AUDUSD is testing the MA200 on the 1W time-frame (orange trend-line). Since the pair is coming off a Lower Highs rejection following the impressive rally since the March 2020 "COVID" bottom, the sequence displays many similarities to the last major rally off a bottom back in the aftermath of the 2008/2009 Mortgage Crisis. As you see on the chart, following the...
when u get analysis and what is tell had about u take entry but its purely price action pattern and i already post my analysis head and shoulder pattern but its gonna have to running in profit this take profit not over which go side my suggestion is sell side take profit 0.72194
Price has moved over 200pips in our direction since my last publication (see link below for reference purposes) and it appears there is still room for a rally in the nearest future! The Aussie flourished against the Greenback on Friday by breaking the existing Supplication barrier @ $0.78000 to hit a new high in over a month. Figures were driven higher by surging...
My last publication on this pair witnessed price moved over 100pips in our direction before the Bullish run began (see link below for reference purposes). The Aussies started the week knocking against major Resistance at AU$0.76300 (Selling pressure) for 3 consecutive days before the breakthrough on Thursday. Considering the long-term Bullish expectation; The...
HELLO FRIENDS AS I CAN SEE AUDUSD IS REACHED @ 3 YEARS HIGHS AND HIT 0.8000 AS WE PREDICT IN OUR BUYING ANALYSIS ON THIS PAIR SUCCESSFUL ACHIEVE TPS NOW ITS SHOWING US SOME BEARS IN HOUSE AND MAKING A $ GREEN BACK WITH SUPPORT OF US PASSING 1.9 TRILLIONS SHOWING US BEARS WILL PUSH THIS PAIR TO MORE LOWER TILL DESIGN OUR NEW LEVELS SO SELL ON CONFIRMATION OF...
As i am watching this pair is trading near a resistance level and if it rejected from this level and break the trend line then on confirmation of retested brokered support start sell on dips with a small risk and aiming for a higher rewards Friend push likes and comments we appreciate Ur love and support Follow us for more updates