AUDUSD - RETRACEMENT WITHIN UPTREND BEFORE FURTHER GROWTHSymbol - AUDUSD
CMP - 0.6302
AUDUSD pair, supported by a decline in the US dollar, holds significant potential for continued growth. However, given the upcoming NFP release today, Friday, the associated risks are heightened.
Currently, the currency pair is establishing a local uptrend, and in conjunction with the weakening dollar, the Australian dollar may sustain its strengthening trajectory. On the 4-hour chart, a local correction is developing towards an imbalance zone, with a strong suppo
Audusdidea
AUDUSD - SWING TRADE IDEA ON LONG SIDESymbol - AUDUSD
AUDUSD is currently trading at 0.6305
I'm seeing a trading opportunity on buy side.
Buying AUDUSD pair at CMP 0.6305
I will be adding more if 0.6270 - 0.6240 comes & will hold with SL 0.6215
Targets I'm expecting are 0.6360 - 0.6410 & 0.6450
Disclaimer - Do not consider this as a buy/sell recommendation. I'm sharing my analysis & my trading position. You can track it for educational purposes. Thanks!
AUDUSD 1D Timeframe ProjectionAUDUSD 1D Timeframe Projection.
Daily and Weekly trends are Bullish.
DISCLAIMER: All labelling and wave counts are done by me manually and I will keep changing according to the LIVE MARKET PRICE ACTION. So don't be bias, hope on my trade plans...try to learn, and make your strategy... Following is not that easy...
AUDUSD BuyAUDUSD ANALYSIS
Hello traders , here is the full multi time frame analysis for this pair, let me know in the comment section below if you have any questions, the entry will be taken only if all rules of the strategies will be satisfied. wait for more Smart Money to develop before taking any position . I suggest you keep this pair on your watchlist and see if the rules of your strategy are satisfied...
Keep trading
Hustle hard
Who's Right? Hawk Economists vs. Dove Traders - RBA meets Today Who's Right? Hawk Economists vs. Dove Traders - RBA meets Today
Yesterday, the AUD/USD experienced its third consecutive day of growth. However, the upward trend is expected to face obstacles during Tuesday's trading session due to the impending Reserve Bank of Australia meeting.
Despite some analysts adopting a more hawkish stance and predicting a rate hike as the most likely outcome of today's meeting, money market traders have reduced their forecast to a one-in-three chance of an increas
AUDUSDAs I said last weeks ...as I said AU is in a very strong area where it has been in range for a few weeks ... but as long as it is on the trend line , I will keep the SELL idea until the 0.74990 area and from there ... I will reanalyze!
THIS WEEK...as I was saying since April 2021 ... AUDUSD went down and made the 800 pips we were talking about, reaching the 2nd target where it rejected strongly! (see red line)
in the next period I expect to see a range between zone 1 and zone 2 and only a closu
AUDUSD Swing-Sell 100 Pips targetReason for selling AUDUSD
Fundamental factors are supporting the USD as the recent inflation figure beats the expectation 4.16% which causes the buying of USD against major pairs.
It has reached lower trendline area.Sell AUDUSD when it reaches around the .618 Fibonacci level and primary target would be 1.272 Fibonacci.
AUDUSD #audusd
Sell limit @ 0.77770
Take profit @ 0.76600
Stop lose @ 0.78200
AUDUSD Analysis as per Wave Theory for Sorter Timeframe.
We know this is the WAVE 3 forming on the Higher Degree hence we know on Lower Degree we will get a 5 Wave Impulse structure; This is the Wave 1 of the WAVE 3 of Higher Degree, we clearly see that the 5 Wave Impulse structure is complete and hence new will have Correction, whenever there is a Correction formed the Price retraces till the latest Fresh Demand area and from that area the Financial Institutions will take the Price towards our Long Term Target in the Upward direction.
This is
AUDUSD analysed as per the Wave Theory.
We have a 5 Wave upward Impulse complete which is followed by a Correction which is a Flat. Hence this 5 Wave upward Impulse becomes a Wave 1 and the Flat structure becomes a Wave 2, both are complete and hence now we have The Wave 3 in the Long Term hence overall the Trend is Upward.
This Trade is for the Long Term Investors
Over a Decade and above we will see AUD becoming very stronger as compared to the USD.
Trade Setup For AUDUSDThe 4-hour right side is up against 5/04/2020 low (0.6373). 1 hour is turning up against 0.6772 low. Near-term, while dips remain above there expect pair to extend higher 1 more push before correction against 2012 peak ends as a zigzag structure & resume the downside.
Short term Signal
Sell AUDUSD
@0.6910.6925
Target: 0.6805
Sl: 0.6955
Good luck !
AUDUSD TRIANGLE PATTERN SAYS BUY!!!Prices have been back from 0.65600 levels twice and the triangle formed is holding a strong support line. Today, prices have fallen in the Asian sessions but recovered some upward strength.
Also, 0.64322 have Bollinger bands support and trend line support.
From here, prices may test 0.65600 and above levels again as RSI is pointing to an upward movement, and if 0.65600 breaks then immediate resistance will be provided at 0.67200.





















