Although the Reserve Bank of Australia (RBA) matched wide forecasts of inaction on early Tuesday, the Aussie central bank’s concerns over economic growth, due to the pandemic-led local lockdowns, weigh on the AUD/USD prices. Also challenging the quote buyers are the headlines from China and concerning the US stimulus, as well as debt ceiling extension. That said,...
AUDUSD looks good and am waiting for the down wave, after that I'll look for the up wave which will breakthe previous high and look for the sell setup via price action
As 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...
AUDUSD reverses Friday’s pullback from the key moving average while picking up bids to 0.7286 during early Monday. In doing so, the Aussie bulls brace for another battle with the 200-SMA level of 0.7305. However, any further upside needs to cross the previous week’s top surrounding 0.7315 to extend the run-up towards the mid-month peak surrounding 0.7345-50. In a...
From looking at structure with a top down analysis I have placed some areas that I see price most likely coming to both short term and long term. I have placed an alert at 0.72346 to see if price gets to my POI for a potential long position. However if price decides to hit my alert at 0.76886 first then I will look for a potential short position in my POI.
Hello everyone hope you all are well and having a great week.
for tomorrow i have only 1 pair for watch and this pair has very good potential for the upside swing so i will see the price action decide weather i will hold this trade for swing trade which is holding more then 3-5days
Despite recently bouncing off a monthly low, AUDUSD remains pressured around 20-DMA during early Wednesday. The risk-barometer pair dropped the most in a week while flashing a bearish candlestick on the daily chart. The anticipated declines also gain support from the absence of the oversold RSI conditions. However, July’s low of 0.7288 acts as a trigger for the...
Its seems bearish as it retraced back from 0.5 fib level and as clear from COT data lot of short positions are formed, during pullback, t get the good price , a very traditional method of pyramiding , target can be last low , it can move further as well.
guyss i am looking at audusd i think its really good to take a short position there let see how that goes if you want any analysis let me know .
AUD|USD based on daily and 4h price look good to take a sell but be carefull when price hit at fib golden zone it can reverse i have seen its making lower high so i think it will go down until it hit stronge support
The 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.
