AUDUSD M30: Bearish outlook seen, further downside below 0.6450On the M30 time frame, prices are facing bearish pressure from the resistance zone at 0.6450, in line with the graphical resistance and 23.6% Fibonacci retracement. A pullback to the 0.6450 resistance zone could see a reversal below this area to the support zone at 0.6380 which coincides with the 61.8% Fibonacci retracement. Prices are holding below the Ichimoku cloud as well, supporting the bearish bias.
Audusdshort
AUDUSD - Daily Trade Idea - 10-Nov-22AUDUSD (SHORT)- If all the resistance holds in place.
If we see the Resistance broken out then we could see the shift in the trend.
I marked the TP 1 (20 pips), TP 2 (50 pips) , TP 3 (100 pips) and EXIT (SL - 60 pips) on the chart.
(THIS IDEAS VALID NEXT 24 HOURS)
Please note this is only the Trade Idea base on S & R and not a signal, the market can react differently during the session due to News Impact and only enter if we have the final confirmation for entry.
- Rejection Candle Formation - Red Candle after the Green Candle.
- Stochastic - Overbought Area
- Timing of entry Prior / during UK / US Market Session.
AUD USD RESISTANCE M15It remains to be seen what the Australian dollar will do against this resistance zone.
If we return to the target area in Fibonacci and see the confirmation candle, we will enter a buying position.
This candle analysis is updated every candle.
The profit and loss zone will be moved to account for each candle.
Stay with me until the end of this deal.
Selling AUDUSD at market.AUDUSD - Intraday - We look to Sell at 0.6478 (stop at 0.6527)
There is no sign that this bullish momentum is faltering but the pair has stalled close to a previous swing high of 0.6492.
We are trading at overbought extremes.
Price action looks to be forming a top.
Further downside is expected although we prefer to sell into rallies close to the 0.6470 level.
Our profit targets will be 0.6330 and 0.6170
Resistance: 0.6650 / 0.6910 / 0.7135
Support: 0.6400 / 0.6170 / 0.6000
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The trade ideas beyond this page are for informational purposes only and do not constitute investment advice or a solicitation to trade. This information is provided by Signal Centre, a third-party unaffiliated with OANDA, and is intended for general circulation only. OANDA does not guarantee the accuracy of this information and assumes no responsibilities for the information provided by the third party. The information does not take into account the specific investment objectives, financial situation, or particular needs of any particular person. You should take into account your specific investment objectives, financial situation, and particular needs before making a commitment to trade, including seeking advice from an independent financial adviser regarding the suitability of the investment, under a separate engagement, as you deem fit.
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Bullish outlook on AUDUSD: 8 November 2022On the H4 time frame, a pullback to the support zone at 0.63800 which coincides with the Fibonacci confluence levels and ascending trend line presents an opportunity to play the bounce to the resistance target at 0.65800. Ichimoku cloud is showing signs of bullish pressure as well, supporting the bullish bias.
AUDUSD top-down analysisHello traders, this is a complete multiple timeframe analysis of this pair. We see could find significant trading opportunities as per analysis upon price action confirmation we may take this trade. Smash the like button if you find value in this analysis and drop a comment if you have any questions or let me know which pair to cover in my next analysis.
Pure bearish trend Obviously across boards USD as the Quote currency have been on a bearish move due to the Hawkish nature of the dollar index ,interest rates etc
From the point of Technicals on the chart I'm expecting price to touch the Immediate SUPPLY zone with a good PA we are good to short the pair
But looking at the OB spotted above the currently S zone makes the immediate zone look like an IDM or an engineered Liquidity
Putting that into consideration I would get in conservatively if I get a PA at the currently S zone and watch how price plays out to further look for more entry zones or otherwise
AUDUSDHi traders, AUDUSD is setting up for a downside move if price come to our mentioned pattern completion area then i will be looking price action for a short position opportunity on the top, if price break 0.61713 level without hiting our mentioned pattern completion area then this setup will be invalidate.
Trade with your own strategy GOOD LUCK.
AUDUSD multi-timeframe analysis SHORTS After catching some short term upside, we have now made another long term move to the downside on the daily printing some nice bearish candles for the long term bears to step back in. Now Ill be positioning myself looking for any short openings to follow the continuation! Be safe around the fundamentals and as always risk appropriately!!!
AUDUSD - Daily Trade Idea - 4-Nov-22AUDUSD (SHORT)- If all the resistance holds in place.
If we see the Resistance broken out then we could see the shift in the trend.
I marked the TP 1 (20 pips), TP 2 (50 pips) , TP 3 (100 pips) and EXIT (SL - 60 pips) on the chart.
(THIS IDEAS VALID NEXT 24 HOURS)
Please note this is only the Trade Idea base on S & R and not a signal, the market can react differently during the session due to News Impact and only enter if we have the final confirmation for entry.
- Rejection Candle Formation - Red Candle after the Green Candle.
- Stochastic - Overbought Area
- Timing of entry Prior / during UK / US Market Session.
Thu 3rd November 2022 Daily Forex Charts : 5x New Trade SetupsGood morning fellow traders. On my Daily Forex charts using the High Probability & Divergence trading methods from my books, I have identified 5x new trade setups this morning. As usual, you can read my notes on the chart for my thoughts on these setups. The trades being a AUD/USD Sell, GBP/CHF Sell, GBP/USD Sell, USD/CAD Buy & USD/JPY Buy. A few of these are high risk and there is obviously some correlation here, so be aware of risk % per trade and overall risk. Enjoy the day all. Cheers. Jim
AUDUSD H1: Bullish outlook seen, further upside above 0.6330On the H1 time frame, prices are facing bullish pressure from the support zone at 0.6330, in line with the 78.6% Fibonacci level. A throwback to this area presents an opportunity to play the bounce to the next resistance zone at 0.6400, which coincides with the descending trend line and 50% Fibonacci retracement. Stochastic is testing the support level at 7.46 as well where we could see more upside above this level, supporting the bullish bias.
AUDUSD - Daily Trade Idea - 3-Nov-22AUDUSD (SHORT)- If all the resistance holds in place.
If we see the Resistance broken out then we could see the shift in the trend.
I marked the TP 1 (20 pips), TP 2 (50 pips) , TP 3 (100 pips) and EXIT (SL - 60 pips) on the chart.
(THIS IDEAS VALID NEXT 24 HOURS)
Please note this is only the Trade Idea base on S & R and not a signal, the market can react differently during the session due to News Impact and only enter if we have the final confirmation for entry.
- Rejection Candle Formation - Red Candle after the Green Candle.
- Stochastic - Overbought Area
- Timing of entry Prior / during UK / US Market Session.