AUSTRALIAN DOLLAR FUTURES (CONTINUOUS: CURRENT CONTRACT IN FRONT)
Setup Contains: 1. Stop Hunt (Buy Side Liquidity) 2. Break of Structure 3. OrderBlock+IMBALANCE Zone FOLLOW PAFX & TRADE LIKE BANKS 💸
Trading Ideas- Short positions below 0.7162 with targets at 0.6824 & 0.6685 Alternative scenario If price sustain above 0.7162 look for 0.7260 & 0.7364 as targets. Supports and resistances 0.6824 & 0.6685 0.7260 & 0.7364
AUDUSD make inverse head and shoulder pattern makes it bullish or reversal pattern and now it breaks neckline
Trading Ideas- Short positions below 0.7162 with targets at 0.6824 & 0.6685 Alternative scenario If price sustain above 0.7162 look for 0.7260 & 0.7364 as targets. Supports and resistances 0.6824 & 0.6685 0.7260 & 0.7364
Trading Ideas- Short positions below 0.7163 with targets at 0.6826 & 0.6685 Alternative scenario If price sustain above 0.7163 look for 0.7259 & 0.7363 as targets. Supports and resistances 0.6826 & 0.6685 0.7259 & 0.7363
AUDUSD managed to rebound from a two-year low on Friday, snapping a six-day downtrend and portraying a falling wedge bullish chart pattern. However, downbeat data from China and fresh fears of covid resurgence push the risk-barometer pair to reverse the previous day’s recovery moves during early Monday. Even so, the RSI’s bullish divergence, confirmation of the...
Looking for potential long trade after recent breakout of previous resistance IN 1 HOUR TIME FRAME. i will after only after candlestick confirmation . I CAN BE 100% WRONG I DON'T RECOMMEND RISKING MORE THAN 0.50% PER TRADE
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 price action to develop before taking any position . I suggest you keep this pair on your watchlist and see if the rules of your...
Trading Ideas- Short positions below 0.73140 with targets at 0.68460 & 0.67540 Alternative scenario If price sustain above 0.73140 look for 0.74540 & 0.75910 as targets. Supports and resistances 0.68460 & 0.67540 0.74540 & 0.75910
Commodities are on the verge of breaking out. As the Federal Reserve starts to accelerate interest rate hikes, the expectations of the entire market have changed to a certain extent. At this stage, inflation expectations have turned around to a certain extent. However, no clear variables have occurred. It is more because the interest rate level in the United...
Trading Ideas- Short positions below 0.7315 with targets at 0.69780 & 0.67560 Alternative scenario If price sustain above 0.7315 look for 0.74540 & 0.7590 as targets. Supports and resistances 0.69780 & 0.67560 0.74540 & 0.7590
Trading Ideas- Short positions below 0.7315 with targets at 0.69780 & 0.67560 Alternative scenario If price sustain above 0.7315 look for 0.74540 & 0.7590 as targets. Supports and resistances 0.69780 & 0.67560 0.74540 & 0.7590
Trading suggestion: ". There is a possibility of temporary retracement to the suggested support line (0.7175). . if so, traders can set orders based on Price Action and expect to reach short-term targets." Technical analysis: . AUDUSD is in a range bound, and the beginning of an uptrend is expected. . The price is below the 21-Day WEMA, which acts as a...
Our predictions are Sell positions below 0.7315 with targets at 0.69760 & 0.67560 in extension. Alternative prospective Above 0.7315 look for further upside with 0.74560 & 0.7590 as targets. Note The RSI indicates for further downside. Supports and resistances 0.69760 & 0.67560 0.74560 & 0.7590
Our preference are Short positions below 0.7315 with targets at 0.69760 & 0.67560 in extension. Alternative scenario Above 0.7315 look for further upside with 0.74560 & 0.7590 as targets. Comment The RSI advocates for further downside. Supports and resistances 0.69760 & 0.67560 0.74560 & 0.7590
Our preference are Short positions below 0.7315 with targets at 0.69760 & 0.67560 in extension. Alternative scenario Above 0.7315 look for further upside with 0.74560 & 0.7590 as targets. Comment The RSI advocates for further downside. Supports and resistances 0.69760 & 0.67560 0.74560 & 0.7590
AUDUSD bulls cheer the Reserve Bank of Australia’s (RBA) 25 basis points (bps) rate hike in early Tuesday. The recovery moves also justify the RSI rebound from oversold territory, as well as pierce a downward sloping resistance line from April 21, near 0.7100 by the press time. Considering the RBA’s hawkish moves, backed by firmer technicals, the Aussie pair is...