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Audusdidea

AudUsd- Reversal underway?In mid-August, AudUsd started to rise and correct the down move, and at the beginning of September, a new leg down took place. However, this new leg down couldn't make a new low, but a higher low instead which puts under question the medium-term downtrend. The last breakdown has proven to be a false one and AudUsd quickly recovered losses. At this point, the chart structure is very constructive and indicates bullish momentum for the coming days. I will look to buy dips for a break of 0.73 resistance and continuation to very important 0.75 zone
Long
by Mihai_Iacob
14
AUDUSD Sell IdeaThe initial reaction on LON open was a strong bearish push and I do expect price to retrace to either : - Retest the trend line or - Retest Level 0.72500 Extra Confirmations: Bearish Candlestick rejection/Structure/MA Crossover/MA Retest The target would be the previous low (Order Block + Level 0.72000 and Liquidity zone) & Possibly Lower Suggested to wait a little longer before entering any positions as Session open may bring in a higher level of volatility and liquidity grabs. Happy Trading!
Short
by NoahXBorg
AUDUSD Sell IdeaIn a nutshell, the overall Trend is still bearish and with the upcoming RBA statement in the coming few days. Fundamentally, I believe the USD will remain stronger than the AUD and it would take a big change on both economies to completely reverse the bearish trend. However, beware of the volatility that may come with NFP and the RBA rate announcements. Sell idea on : Retest of Level 0.73000 Bearish Structure & Candlestick Pattern Retest of short-term bearish trend line Break and retest of counter-trendline
Short
by NoahXBorg
AUDUSD Sell On Strong USDLook to go short if USD were to strengthen (Since AUD is closely Linked to Gold, It could have a profound effect on this pair compared to others if XAU/USD were to continue lower) Here is my analysis on DXY: Short on these confluences: Retest of Pivot Zone Retest of counter-trend Line (RED) Break and Retest of Level 0.72000 Bearish Structure Retest on FIB level (Best 61.8%) Break of minor counter-trend line (Once formed from retracement) * Best trades would be on 2 or more confluences
Short
by NoahXBorg
AUDUSD: Analysis and trade ideaAUDUSD is moving! USD strength is dragging it down with some gusto! Currently, it is running deep into a bullish order block. Will the OB hold, rejecting price,form a HL, and continue the bullish momentum? All eyes on this 4H order block... I have a full FOrex Weekly FOrecast for Sept 20-24th on my Channel. Hit the "Find Me At" YouTube button to see multiple pairs analyzed for the week ahead. Hit the LIKE button to show support and encourage me to post more free analysis and ideas. Subscribe to catch all of the updates. Thank you for your support!
by RT_Money
audusdaudusd created a peak formation with a drop. right now price seems to be working level1 consolidation and we can expect price to try and make a swing high stop hunt before trying to push lower again to create another impulse move. the area price is at is also a good area for someone who is looking to enter and for those who want a less risky trade, one can try watching the opening of new york session to see if price will make the swing high for the stop hunt or retest the high before making another big drop
Short
by fxqueen98