Get started

Audusdprediction

AUD/USD Bullish Setup: Demand Zone Bounce Toward 0.65600📈 Price Channel Analysis 🔼 The pair is moving within an ascending channel: • Support Line 🟦 – lower trendline showing bullish structure * Resistance Line 🟥 – upper boundary acting as potential target 💡 This suggests bullish momentum is intact unless the price breaks below support. 📌 Key Trade Levels 🔵 Entry Point: 0.64361 * 👇 Positioned just above the DEMAND ZONE * 📍Near the 70 EMA — a key dynamic support 🟨 Demand Zone: Area between 0.6400 – 0.6436 * 🧲 Buyers are expected here * Good spot for a bullish entry 🔴 Stop Loss: 0.63995 * 🚨 Below the demand zone = limited risk 🟢 Target Point: 0.65600 * 🎯 Aligned with the upper resistance line * Nice upside potential ⚙️ Technical Indicator 📉 EMA 70 (red line) = 0.64510 * Price is bouncing near it * 📊 Acts as trend support — confirming buy idea 📊 Risk-to-Reward Ratio 🔻 Risk: ~36 pips (Entry → Stop Loss) 🔺 Reward: ~124 pips (Entry → Target) ✅ R:R Ratio ≈ 3.4:1 👍 🧠 Trade Idea Summary 📘 Trade Type 🔼 Buy (Long) 💰 Entry 0.64361 🛑 Stop Loss 0.63995 🎯 Target 0.65600 🌟 Bias Bullish 🔍 Final Thoughts ✅ Strong setup within a bullish channel 📉 EMA support + 🟦 Demand zone = Good confluence 📅 Watch out for USD news (see icons below chart)
Long
by Jameshead007
AUD/USD Bullish Breakout – Demand Zone Retest Before Targeting 📉 Chart Pattern: 🔻 Formed a descending wedge/channel pattern (yellow dots). 💥 Recently broke out upward — this is typically a bullish signal! 📦 DEMAND Zone (Support): 📘 Blue box labeled “DEMAND zone!” shows a strong area of buyer interest. 🔁 Price is currently retesting this zone — a healthy move after breakout. ✅ Holding this zone could confirm bullish continuation. 🎯 Target Point: 🚀 Marked at 0.65201 — labeled "TARGET POINT 065201". 📏 Measured move suggests this is a realistic bullish price objective. 📊 Technical Indicator (EMA 70): 📉 The 70 EMA (red line) is at 0.64037. ✅ Price is above the EMA, signaling upward momentum. Upcoming Economic Events: ⚠️ Multiple high-impact news events (USD and AUD flags) are scheduled around April 30 – May 2. 🌪️ Expect potential volatility — manage risk accordingly! Summary: ✅ Bias: Bullish 🟢 Buy Opportunity: If price holds above demand zone. 🎯 Target: 0.65201 ❌ Invalidation: Break below demand zone → support near 0.63255
by Jameshead007
AUD/USD On Major Suppport - BUY TrendHello traders! Today, I am sharing a strong trade idea for AUDUSD that could potentially result in profits. The gold price has been showing a bullish momentum, making higher highs and higher lows (HL) on the daily chart, indicating a potential uptrend. For the Entry, Take Profit and Stoploss refer to chart. As always, it is important to consider risk management strategies and remain vigilant, as unexpected events and news could impact the markets. In conclusion, I believe that buying AUDUSD using the higher highs and HL analysis could be a profitable trade idea. Thank you for following my trade idea, and I wish you all the best in your trading journey. Happy Trading! Disclaimer: This trade idea is for educational and informational purposes only. Trading in the financial markets involves risk, and past performance is not necessarily indicative of future results. Before placing any trades, you should carefully consider your financial situation, risk tolerance, and trading experience. Please be aware that trading in the foreign exchange market, particularly with leveraged instruments such as CFDs, involves significant risks and may not be suitable for all investors. The author shall not be liable for any losses incurred as a result of using this trade idea. Traders should always trade at their own risk and responsibility.
Long
by VISH_VIN-Traders