AUDUSD: Bullish sequenceThe current price action clearly suggests that AUDUSD is rising updward in an impulsive manner & just finished it 4th wave. one should buy on cmp with SL of 0.73600. & look for the tgt of 0.7500 / 0.75500 as a wave 5.
AUDUSD.10.CFD trade ideas
My personal view how market gonna movethis movements are based on my findings and I strongly suggest you to use SL and a strategy before following anyone.
for this direction use Price Action based on the direction i provided here. if market goes against the direction am expecting, I'll exit from the trade
Also i think this will be equal to GBPJPY, and EURUSD as well.
AUDUSD bears attack 0.7400 key support despite RBA taperingEarly Tuesday, the Reserve Bank of Australia (RBA) surprises markets by announcing details of weekly bond purchase tapering. The traders were earlier hoping for a delay in the tapering plans and hence the AUDUSD jumped around 30 pips just after the RBA news. However, downbeat comments concerning the Aussie GDP and cautious economic view recall the pair sellers, directing them towards 61.8% Fibonacci retracement of July–August downside, near 0.7410. Also acting the crucial support is an upward sloping trend line from August 20, near the 0.7400 round figure. Given the RSI pullback from overbought territory, AUDUSD may witness further declines and hence the stated support line gains major attention.
Alternatively, a descending resistance line from July 13, near 0.7480, guards the quote’s short-term upside. In a case where the AUDUSD bulls look to retake controls beyond 0.7480, they need validation from the 0.7500 threshold, a break of which will propel the run-up towards July month’s high near 0.7600. Overall, RBA’s cautious optimism needs back-up from the weaker US dollar and improvement in the covid conditions to keep the AUDUSD buyers hopeful.
AUD USD SHORTaud usd short call...risk only 2 %
for a better entry take sell from- 0.74480 and stop loss above previous high or .74630
AUDUSD : Demand Zone IdentifiedThis is the part of Advanced price action trading to identify new supply & demand zone, the same demand zone is available on AUDUSD chart, daily timeframe. Go long when revisits the zone.
AUDUSD bulls need to tackle 0.7320-25 hurdle to keep the reinsAUDUSD bulls battle the key resistance, namely 200-SMA, during early Wednesday. Given the Aussie pair’s sustained rebound from the previous resistance line, not to forget successful trading above an eight-day-long rising support line, the buyers remain hopeful by the press time. However, overbought RSI conditions challenge the buyers, requiring a clear break of 0.7325 to keep the reins. Following that, 61.8% Fibonacci retracement of July–August downside near 0.7410 and the previous monthly top near 0.7425 should return to the charts.
Meanwhile, the aforementioned short-term support line near 0.7295 restricts the quote’s immediate pullback, if any, ahead of the resistance-turned-support of 0.7270. If at all, AUDUSD drops below 0.7270, the 0.7230 level may offer an intermediate halt during the likely fall towards the last month’s low surrounding 0.7125. Overall, AUDUSD is in the recovery mode after a two-month bearish performance.
Shorting AUDUSD !FX:AUDUSD
Long term bearish trend continuation supported by a bearish divergence formation.
AUDUSD: CorrectionAfter an impulsive move AUDUSD should head south for a three wave correction. Keeping a SL of 0.72810 one should sell the currency pair for tgt of 0.72000
AUDUSD Bullish BatAUDUSD Bullish Bat - Sharing for educational purpose, trade as per your risk management.
AUDUSD bulls have a long way to recapture controlsAUDUSD recovery from 0.7100 takes clues from the upbeat RSI line to extend the heaviest daily rise in four months, suggesting further advances towards the monthly horizontal resistance near 0.7270-85. However, bearish MACD challenges the pair’s further upside past 0.7285. Even if the quote manages to cross the 0.7285 hurdle, a downward sloping trend line from early July and a convergence of 50% Fibonacci retracement of June–August downside and 200-SMA around 0.7350–60 will be tough nuts to crack for the bulls. If at all the Aussie pair rises past 0.7360, 61.8% Fibonacci retracement near 0.7420 will be in focus.
On the downside, the 0.7200 round figure and 0.7150 may entertain AUDUSD sellers ahead of directing them to the nine-month-low, flashed last week, surrounding 0.7100. Should the pair bears hold the reins past 0.7100, June 2020 high near 0.7060 and the 0.7000 psychological magnet will be crucial levels to follow. Overall, AUDUSD remains on the bearish trajectory unless crossing 0.7360.
Bullish AUDUSDIt seems that the asset has travelled a lot in bearish trend and it is the time for the bulls to return, and as seen today i.e.; on Monday the bulls are returning.
No more selling; it's time for the correction in the market.
BUY OPPORTUNITY IDEAprice is in channel
respecting key levels
price will go up
entry ;after breaking small trend line
share your opinion in the comments and support the idea with like
thank for your support !
AUDUSD ANALYSIS - 17 AUG 2021Here we provide you AUDUSD analysis.chart pattern is most useful tools in trading.
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Upcoming short term trade in AUDUSDSell limit @ 0.76003 TP 0.70325 SL 0.77590
Don't risk more than 1% of your account
Note :- Given trade is for educational purpose only . Trade at your own risk
Start of a new wave?Message me to learn 1 to 1!
AUDUSD 4H TF
AUDUSD has been in a sideways channel in an uptrend,
The three corrective ways also ended recently, thus we can expect a nice up move
The RSI is at support and is also showing signs of reversal!
A nice entry can be taken now with a small SL at the previous low,
Keep a first TGT the top resistance, and a second TGT of TGT 2 if a breakout is seen!
RR-4
Possible Pips-0.015
