Audusdidea
AUDUSD. The price will rise, but there will be no profit.Hi traders!
The price of the Australian dollar during this month rose well in the upward channel.
Further reaching the level of resistance, it stopped its growth.
It is assumed that the price drops slightly so that later it grows to its target,
however, it is not recommended to make a deal.
Good luck to you.
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This idea does not provide the financial advice.
AUDUSD possible scenarioNext 3 moves for #AUDUSD:
The price is now deciding which channel to follow ;-).
Anyway, we've to wait for a clear Elliot pattern to be confirmed.
Whatever will be, point 1 is satisfied, so we can set the 61% Fib up.
And it's around 0.67 area which is confirmed by a strong Impulse started on 9th March.
Entry 0.6700
SL 0.68
TP 0.62
AUDUSD Stairway: 4Hr Long! (Weak USD Vs Strong AUD)0.68231 is %50 retest price for a major swing Hi-Lo
Price is currently trading above Buy-Zone 0.63539 for target 0.66043 with 0.64804 to By-Pass
What are immediate upside targets?
Target 0.66043 is from Buy-zone 0.6224-0.63539
0.61982, 0.64804 and 0.7001 are same family/ niche ie same code color--A test of one gives potential test to the niche.
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AUDUSD short, bearish pressure set to continue! AUDUSD structure remains bearish, we are seeing a bullish false breakout and a lower trough series and if the seller manages to push the price to go lower we might have a chance to short sell on this pair. good luck
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AUDUSD short trade idea price formed a rising wedge pattern and successfully breakout the trendline support level, it gives us a good opportunity to go short. good luck!
**Disclaimer** the content on this analysis is subject to change at any time without notice, and is provided for the sole purpose of assisting traders to make independent investment decisions.
Traders!! if you like my ideas and do take the same trade like i do, please write it in comment so we can manage the trade together.
_____________________________________________________________________________________________________________________
Thank you for your support ;)
GWBFX
AUDUSD LONG! Weak DXY (USD) Vs Strong AUD on 1Hr and 4hrBias is Weak DXY (USD) Vs Strong AUD on 1Hr and 4hr.
Watch out for Trend-line at current price; find it and confirm break to upside--
OR
Price upside confirmation above
0.59711
0.60016
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AUDUSD long can we see Audusd push higher?..
in my opinion, we can see more bullish momentum to the targets I have marked up aligning with the 12hr 50ema and daily 50ema.
breaking down my technical analysis, you can see there has been a massive sell-off breaking some all-time lows, this has created a very overextended daily run.
finally, we reached daily support, on the 4hr time frame we began seeing signs of deceleration, with the daily support being respected.
there was a very respected 4hr trend line created price was also holding the 50ema, with the strong impulse break of the trend line and resistance zone & 0.6000 level.
I anticipate a small pullback to 0.6000 for a further continuation.