AUDUSD buyAUDUSD formed Double Bottom with RSI divergence. Now after breaking its neck line and previous LH, It made new HH. After retracement at Fib Level 0.618 we will place buy entry
USDAUD trade ideas
20-11 AUDUSDThis long trade is on the cautious side. But the trend has changed, so we'll take it. We see a downtrend from the beginning of October with 1x a small outburst upwards. Our signal system also gives a neutral score of +1. We place a buy in at 0.65429.
AUDUSD SELL ANLYSIS RISING WEDGE PATTERN Here on Audusd price form a rising wedge and now try to fall so if line 0.65083 break price likely to move down more and trader should go for SHORT and expect profit target of 0.64519 . Use money management
AUDUSD InsightHello, subscribers!
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Key Points
- For the first time since the war in Ukraine began, U.S.-approved long-range missiles were fired into Russian territory. In response, Russia hinted at revising its nuclear doctrine, suggesting a possible use of nuclear weapons.
- Despite this, both Russia and Ukraine appear to be avoiding further escalation, and the U.S. shows little intention of deeper involvement, which suggests the situation may not pose a major risk.
- Risk appetite for assets is expected to strengthen after NVIDIA announces its Q3 earnings on November 21.
Key Economic Indicators Schedule
- November 20: U.K. October CPI
- November 22: Japan October CPI
AUD/USD Chart Analysis
AUD/USD has shown support near the recent lows and has broken through the 0.65200 level, which was a key resistance area. Based on the current trend, further gains toward the 0.66000 level are expected. If it manages to break through the 0.66000 level, a rally toward the 0.69000 level could follow.
However, if a downtrend occurs near the 0.66000 level, it may be necessary to reassess the recent lows. In that case, a new strategy will be promptly developed.
AUD/USD: Seeking dips for move to 66cAUD/USD has risen for a thirds day from its multi-week low, and shows the potential to head for 66c It is the second day in a row the market closed just off its daily high and the daily RSI (2) is not yet overbought.
However, the October high makes a likely interim resistance level which could spark a pullback before dip buyers return. Bulls could seek dips down towards the weekly pivot near 0.6500 in anticipation of its next leg higher, with 0.6560, 0.6584 (November VPOC) and the 0.6600 handle coming into focus.
AUDUSDThe AUDUSD pair should go for the top of the bollinger bands corresponding to the resistance and the contract block
AUD /USD BUY POTENTIAL IS THERE TO GRAB!!
DESCRIPTION
- On a daily swing we can clearly identify the overall momentum is bearish , and same applies in 4hr as well , however we can identify a large bullish engulfing candle formed up ( now complete and breaking the overall fractal structure and showing us there is a potential of IBOS ( INTERNAL BREAK OF STRUCTURE ) . So , whenever we see IBOS it is very likely that there will be swing pull back about to start or in end on in these case as of now it seems to start.
- Nothing is being pulled yet as I will be patiently monitoring for the price to come down to the area of 4hr supply or least the fractal area ( wick ) to be touched , to see any potential good entries to be made on lower TF either in 15m or 1hr TF.
- Will be monitoring the trade on London and NY session for 19th November 2024.
Potential Trade type
- pull Back
Trading Methods Strategies'
- Market Structure
- Liquidity
- Supply and demand
- Experience
- Premium and discount
AUDUSD - Potential buy trade Price hit a major low and is now pushing to the upside. I would like to see the 4h close above the previous swing to take a buy position
AUDUSD 1hr Price ActionWait for the price leave the consolidation zone.
If it comes out in Long, wait for the retest in the support and look to enter in Long.
If it goes short, wait for the Retest at resistance and look to go short.
AUDUSD bullish idea with ict conceptsexpecting short term bullish price going from the higher timeframe to the lower, utilizing trend lines and fvgs
Aud/UsdAud/Usd Daily_TF
✔Breakout of Support
⚫ Wait for Retest on 15min,
then up to the confluence ,previous support and trend
That's about 70pips
Aud/UsdAud/Usd Daily_TF
✔Breakout of Support
⚫ Wait for Retest on 15min,
then up to the confluence ,previous support and trend
That's about 70pips
Short on AUPotential OHLC on daily.
4h showing internal range liquidity into external range liquidity.
SMT with NU
AUD/USD bull is about to enter the marketIn 31st Oct, the candle has been form a hammer candle on the orange resistance rectangle, which means there is a possibility of changing direction from downside to upside.
Stoch RSI is crossed, which means the buying momentum is about to pump.
Buy entry is in. SL: 0.6525, TP 0.681. The reason of TP @0.6810 is seemed going to form head and shoulders pattern. Usually, left shoulder is the same level on the right shoulder. Therefore, this price point is the best for TP.
This swing trade could take 3-4 weeks to play out.
Remember the rule only risk 1% and reward 3-6%.
Good luck with trading and have a good weekend.
4-hr AUD/USD: A Pullback Is Taking PlaceThe AUD/USD pair remains entrenched in a clear downtrend, reflecting ongoing bearish market sentiment. This trend was reinforced by the emergence of a strong sell signal, known as the Death Cross, where the 20-period moving average (MA) crossed below the 60-period moving average. This technical event typically signals continued downside potential in the currency pair.
Despite the prevailing downtrend, the pair is currently experiencing a pullback. This retracement has been driven by short-term buyers stepping in, attracted by the oversold conditions and the potential for a brief recovery. As a result, the AUD/USD has climbed back above the 23% Fibonacci retracement level, suggesting some temporary stabilization.
The pair now appears poised to retest the 0.6560 region, which aligns closely with the 50% Fibonacci retracement level. This area is likely to act as a potential resistance point, offering traders an attractive entry opportunity to sell and align with the dominant bearish trend. For sellers, this level represents a better risk-to-reward setup, allowing them to capitalize on the broader downtrend while minimizing exposure to short-term fluctuations.
Pull back is overPull back is over now. We have multiple long wick on the resistance level at $0.67 in 1 hour time frame. We should see market volatile as soon as US market open. The next profit target is between $0.63-0.64.
AUDUSD TRADE ENTRY IDEAThe Dollar has shown a sign of weakness since friday,but the AUDUSD didn't BUY, cause the AUD didnt have enough strength, but at the opening of today daily candle, the AUDUSD, provided us a sign of BULLISH MOVEMENT, also the AUDUSD is currently on a STRONG DEMAND ZONE, then we scale down to the LTF to look for Entry. You can add this to your watch-list if this IDEA matches with your Trade setup. Thanks.
Let's swing this1. The stochastic RSI is under oversold zone, indicates down trend continuation.
2. EMA 50 indicates down trend as well.
3. The trend have 3 red candle in a row from 14th to 16th Oct. 17th green candle closes below 16th red candle which means buying momentum is still not strong. I will say this is retest to level $0.67 only.
Heading into 38.2% Fibonacci resistance?The Aussie (AUD/USD) is rising towards the pivot which acts as an overlap resistance and could reverse to the pullback support.
Pivot: 0.6543
1st Support: 0.6448
1st Resistance: 0.6596
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AudUsd Buy If you analyse this on the htf we reversed drastically, though the buy bias isn't 100 percent confirmed yet, you could get a short term buy here
Bearish reversal?AUD/USD is rising towards the resistance level which is an overlap resistance that lines up with the 38.2% Fibonacci retracement and could drop from this level to our take profit.
Entry: 0.6540
Why we like it:
There is an overlap resistance level that lines up with the 38.2% Fibonacci retracement.
Stop loss: 0.6598
Why we like it:
There is a pullback resistance level that aligns with the 61.8% Fibonacci retracement.
Take profit: 0.6453
Why we like it:
There is a pullback support.
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