AUDUSD remains pressured after printing the first negative week in five. The bearish bias recently got acceptance from the 50-SMA breakdown. However, a 13-day-old support line near 0.6560 and the 100-SMA level surrounding 0.6535 challenge the bears of late. Should the quote drops below the key moving average, the odds of witnessing a gradual south-run towards a...
After bullish trend yesterdat we have seen bearish momentu. After retrcment to 70% from fib , Sell opportunity comes here
Audusd buy @ 0.67377 Stop loss 0.66958 Target 0.68386 Trade based on pure price action
Although AUDUSD retreats from a descending trend line from early April, the 100-DMA challenges the pair bears as they cheer a retreat from a two-month high. The same paves the way for the Aussie pair’s another battle with the 200-DMA hurdle, around 0.6950 by the press time. It should be noted, however, that the overbought conditions of RSI suggest the quote’s...
Trading Ideas- Long positions above 0.6357 with targets at 0.6907 & 0.7126 Alternative scenario If price goes down 0.6357 look for 0.6170 & 0.6004 as targets. Supports and resistances 0.6170 & 0.6004 0.6907 & 0.7126
S & R - The Weekly Resistance if respected is definately going to do its work and dropping AUD like anything Rest its just an opinion
AUDUSD retreats to the upper line of a one-month-old symmetrical triangle. However, the RSI (14) suggests that the bulls are running out of steam. As a result, the upside momentum appears doubtful unless witnessing a successful break of the 0.6480 hurdle. Even so, multiple hurdles surrounding the 61.8% Fibonacci retracement level of the pair’s downside between...
based on supply and demand, combined with trendlines I took this sell trade
Educational purposes only: Wave A cycle was completed March 2021 and there after pursuing market falling continue till oct 2022 .Here now Market was reversed toake wave C correction .... You can trade bull market in correction phase.... You can check with my wave analysis.....
Trading Ideas- Short positions below 0.6672 with targets at 0.6168 & 0.6004 Alternative scenario If price sustain above 0.6672 look for 0.6826 & 0.7024 as targets. Supports and resistances 0.6168 & 0.6004 0.6826 & 0.7024
Higher Time frame Bearish , Im looking short on AUDUSD, Waiting for 1m entry conformation.
AUDUSD bounces off a one-month-old horizontal support while poking the 200-SMA on the day of the Reserve Bank of Australia’s (RBA) scheduled monetary policy announcements. While a clear downside break of the 0.6345-60 support area opens the door for the Aussie pair’s fresh yearly low, currently around 0.6170, an upward-sloping support line from October 13 could...
AUDUSD Buy trade opportunities AUDUSD it's recently closed above the short-term resistance line its a good opportunity to take a long to the next resistance as we mark in the chart Always Use Stop Loss
Breakeven trade in pre NY session in AUDUSD...............
Audusd buy @ 0.63017 Stop loss 0.61600 Target 0.67693
Taken sells in AUDUSD based on the rules and strategy, won the trade ........
23oct a share analysis on AUDUSD their prediction now you can how are diving into after approach that keylevel we expect . Enjoy
Wait for price to approach keylevel and look for confirmation