USDAUD trade ideas
Buy in USD/AUD Depending on todays Closing, we can calculate Time also for a Target of USD/AUD which is 1.3510
Time can be calculated by WD Gann Method.
The lowest Possibility is if Market closes above 1.3415 & if it closes around or between 1.3355 / 1.3410 then Market will reach in next 3 to 6 days Max.
AUDUSD LONG SETUPBREAK OF STRUCTURE VISIBLE IN 1HR CHART, IF MARKET REJECT FROM REJECTION AREA TO UPSIDE I'll GO LONG ..AND IF IT BREAKS THE SUPPORT DOWN TREND CONTN..UPTREND IS MOST EXPECTED.. PLEASE DO DOUBLE CHECK BEFORE ENTERING TRADE..THIS IS ONLY MY ANALYSIS..NOT SIGNAL
TARGET 40 PIPS AND STOP LOSS 25 PIPS ACCORDING TO MY STRATEGY.
💡Don't miss the great sell opportunity in AUDUSD
Trading suggestion:
". There is still a possibility of temporary retracement to the suggested resistance line (0.7598).
if so, traders can set orders based on Price Action and expect to reach short-term targets."
Technical analysis:
. AUDUSD is in a downtrend, and the continuation of the downtrend is expected.
. The price is below the 21-Day WEMA, which acts as a dynamic resistance.
. The RSI is at 44.
Take Profits:
TP1= @ 0.7564
TP2= @ 0.7537
TP3= @ 0.7510
TP4= @ 0.7493
TP5= @ 0.7472
SL: Break Above R2
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sell side audusdHello guys i had find this setup in 1h timeframe which is made double top and also making distribution zone on upper channel we have a great selling opportunity with above resistance sl and below support tg and plzz before taking any trade on my chart do your own analysis if you like my analysis plzz do like share and follow thank you
💡Don't miss the great sell opportunity in AUDUSD
Trading suggestion:
". There is still a possibility of temporary retracement to the suggested resistance line (0.7562).
if so, traders can set orders based on Price Action and expect to reach short-term targets."
Technical analysis:
. AUDUSD is in a downtrend, and the continuation of the downtrend is expected.
. The price is below the 21-Day WEMA, which acts as a dynamic resistance.
. The RSI is at 37.
Take Profits:
TP1= @ 0.7402
TP2= @ 0.7245
TP3= @ 0.7004
TP4= @ 0.6853
TP5= @ 0.6673
SL: Break Above R2
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. . . . . Please show your support back,
. . . . . . . . Hit the 👍 LIKE button,
. . . . . . . . . . . Drop some feedback below in the comment!
❤️ Your Support is very much 🙏 appreciated!❤️
💎 Want us to help you become a better Forex / Crypto trader?
Now, It's your turn!
Be sure to leave a comment; let us know how you see this opportunity and forecast.
Trade well, ❤️
ForecastCity English Support Team ❤️
AUDUSD bulls return from 0.7730-25 support confluence AUDUSD reverses the previous day’s losses while a bounce off 50-day and 100-day SMA confluence near 0.7730-25. Given the normal RSI conditions and strong support, the quote is expected to keep the recovery moves while trying to cross the key resistance line, around 0.7770, for one more time. While a clear break above 0.7770 enables the buyers to aim for 0.7815, any further upside will need to cross the 0.7820 hurdle to direct the bullish impulse towards May’s top near 0.7890.
On the contrary, a downside break of 0.7725 will aim for a 0.7675 level, comprising early April highs and May’s lows. It should, however, be noted that a clear south-run past 0.7675 won’t hesitate to refresh the monthly bottom below 0.7644. In the case where the AUDUSD remains bearish below 0.7644, which is less likely, 0.7585 and April’s low close to 0.7530 should gain the market’s attention.