AudUsd- the range should be resolved soon enoughSince mid-April, AudUsd is trading in a range, and, if we ignore the spike up, the pair moved between 0.77 and 0.78
The trend is clearly up and this, combined with a very weak USD, gives me reasons to suspect an upbreak.
However, I will wait for a clear break above to enter a trade
Audusdtrade
AUDUSD Top-Down Analysis Hi Guys, here is a full top-down analysis for this pair. I would advise you to watch price action for this pair in an important supply and demand zone to see if the conditions of our strategies are being satisfies or no.
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AUD/USD - GOOD PLACES TO BUY!Technical Overview: - AUD/USD
Check out our previous posted analysis
Recently we had seen the Australian Dollar get stronger and we had been waiting for price to sell off.
We were not able to add any long position without any sell off, we had entered on long position from previous weeks analysis but for those who have not have the chance, we may be looking at new buying opportunities.
We have seen the DXY move to the upside, however with the current printing it is very likely that the Dollar is headed even lower for now.
From a smaller time frame we are expecting to continue this bullish run however we are not able to enter unless we get price falling down to our buy potential points of interest.
If you have missed or were not able to enter from previous analysis, we will need to see the potential this week before we can buy to our ultimate target riding this bullish momentum.
Analysis is only 1 piece of the puzzle 🧩
Our analysis is a sentiment for the upcoming week, month.
Use this as a weather forecast, you are the person that has to put on a jacket when it’s raining.
Trade this sentiment based off your own entry strategy at the right time.
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AUDUSD SELL @ BREAKOUTHELLO 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 TREND LINE AND A STRONG SUPPORT BROKEN ON LAST FRIDAY CLOSING AND TODAY IS NEW MONTH OPENING HOPE SO THIS MONTHLY CANDLE
AUSSIE PAIRS PUSH TO DOWN SIDE MORE FOR A LITTLE RETRACE CHART IS BASED ON 4 HR FRIENDS PUSH LIKE AND COMMENT IT HELP ALOTE TO PROMOTE THE IDEA TO MANY OTHER PEOPLES
FOLLOW US FOR MORE UPDATES
AUD/USD Has Broken out, Retrace Another Chance to LongSince my last update on this pair it has broken out as I expected. It is now retracing to the neckline marked with the blue line, this would be another chance to long if you are not already longing this pair. My target on this is 0.80548 although if you are looking for a more short term trade then the previous top of 0.78203 is also a good TP to aim for.
AUD/USD Looking Good to LongThis seems to have held at support and is now looking safe to go long on. EMA's are about to cross, MACD is still below 0 but looks like a strong upward movement is happening to take it back above. You could wait for a couple more candles to close for confirmation of this if cautious. TP is set at 0.80548 although there are higher peaks at this level. SL just below the low of support.
TP - 0.80548
SL - 0.75540
AUD/USD Still Hovering Around SupportThis is still holding up around the support level. Its still looking quite bearish to me so it could break lower to the next support which aligns with 0.5 Fibonacci. If this happens anywhere between 0.382 and 0.5 FIb could be a good buy area but we would still need to wait for confirmation in the form of a rejection.
If the current support continues to hold then we need to see a clear rejection from this level and a more bullish setup on MACD and EMA's before entering a long to the target of 0.80500 to 0.81360