The Aussie (AUD/USD) is falling towards a pullback support and could potentially bounce off this level to climb higher. Buy entry is at 0.6645 which is a pullback support that lies underneath the 23.6% Fibonacci retracement level. Stop loss is at 0.6569 which is a level that lies underneath a pullback support and the 50.0% Fibonacci retracement level. Take...
Pair : AUDUSD ( Australian Dollar / Swiss Franc ) Description : Consolidation Phase Break of Structure Bullish Channel as an Corrective Pattern in Short Time Frame RSI - Divergence Completed " 12345 " Impulsive Waves and " ABC " Corrective Waves
✅AUD_USD has retested a key resistance level of 0.6647 And as the pair is already making a bearish pullback A move down to retest the demand level below at 0.6586 is likely SHORT🔥 ✅Like and subscribe to never miss a new idea!✅
The AUDUSD pair followed our previous signal with great precision (March 19, see chart below), hitting the 0.63750 Target: Following that, the price rebounded and has so far been rejected yet again on the 0.5 Fibonacci retracement level. That is the strongest medium-term Resistance and a symmetrical sell level where the similar sequence of June - July 2023...
We look to Sell at0. Planning to enter a short position on AUD/USD at 0.668, where the price action is showing signs of resistance and the market conditions indicate overbought levels. This strategic entry is aimed at capitalizing on the expected downward correction. The target for this trade is set at the 61.8% Fibonacci level at 0.6558, aligning with a key...
Our Purpose is to give daily position, kindly follow below instruction in order to get positive result. ❇️ Use fix lot size for all your position ( we recommend to use 1% of your account for each postion ). ❇️ Do not enter position if its away from entry point. ❇️ Do not close position before target price unless instruction given. ❇️Three maximum trade per...
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The AUDUSD pair is currently forming a Bearish Butterfly Harmonic Pattern (XABCD), a classical harmonic formation that signals potential trend reversals. The critical Point D, known as the Potential Reversal Zone (PRZ), is where the pattern completes, indicating a high probability of a bearish reversal. Confluence Factors: Key Resistance Area: Point D aligns...
The AUD/USD pair has encountered resistance around the 0.66333 price level on the daily timeframe, indicating potential downward pressure. This rejection could signal a movement towards the support level at 0.64857. Traders may monitor this development closely for further price action confirmation.
Deal Colleagues, FX:AUDUSD price have rejected at the rejected counter of times in 3 days timeframe. It shows sellers will be positioning in coming days. While we also expecting USD to become extremely bullish in coming days. While AUD expected to remain bearish. Remember to use proper risk management.
Buying AUDUSD at 0.6603. Price hit into some demand and looking to take it to the next supply area. Looking for a small increase in price as there is higher tome frame supply above.
The price may break out the Daily Bearish Channel (false breakout), then get rejected at a major resistance level (0.67645), to head down to the fib level 0618. I expect the price to rise from the fib level to make a new high. www.tradingview.com
ING predicts balance in USD forex pairs as buyers look ahead to the discharge of the April center non-public intake expenditures (PCE) rate index, predicted on May 31. The corporation believes that cross-asset volatility is in all likelihood to stay subdued withinside the coming weeks, that may spur the look for convey trades.
AUDUSD is currently at a resistance level at 0.66240 ,i can see price has retested the area again forming a double top ,if the area continues to hold we shall see sell towards 0.66031
--------------AUDUSD OBSERVATION-------------- This is just an observation or more precisely said guesstimate. I wouldn't go long on this pair at the moment and still think USD has more upside potential. However it could be a scenario just for fun. So I share it to see what do YOU think of the possibility of such reversal.
Audusd might fall sharp. Keep an eye to secure some profit during nyc session.
My dear friends, Please, find my technical outlook for AUDUSD below: The instrument tests an important psychological level 0.6615 Bias - Bearish Technical Indicators: Supper Trend gives a precise Bearish signal, while Pivot Point HL predicts price changes and potential reversals in the market. Target - 0.6573 About Used Indicators: Super-trend indicator...
Weekly: 1. Direction: Bullish 2. Reasons: 1. Price took recent swing high 2. massive displacement to the upside 3. Price is moving from ERL to IRL Daily: 1. Direction: Bullish 2. Reasons: 1. Price is respecting the daily FVG 2. Good displacement to the upside 3....