AUDUSD forecast and signal The price chart of the Australian dollar vs the US dollar continues its downtrend and moves to reach the weekly and daily resistance zone.
Below the minimum price of the latest two-hour candles is the right price to enter a sell trade.
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Audusdsignal
AUDUSD - CURRENT SITUATION AND FUNDA & TECHNICAL BIAS#AUDUSD
- According to the analysis we gave the previous day, the AUDUSD DOWN SIDE WAVE has been down about 125++ PIPS. We hope you get it anyway. It still went DOWN SIDE as we gave it yesterday.
- Currently the MARKET SENTIMENT for AUD is on the DOWN SIDE. But because the RISK is off for AUDUSD, there is currently a DOWNSIDE BIAS for it. The main reason for that is that the STOCKS and COMMODITIES MARKETS are now slightly DOWN due to MARKET RISK DOWN. It is heavily influenced by the Australian dollar.
- Definitely AUDUSD can go up to the high RESISTANCE LEVEL. The reason for that is because there is a good DOWN SIDE BIAS in the MARKET for USD. Accordingly, AUDUSD can go up to the 0.6850 level. And after that, AUDUSD can SELL to the 0.6670 LEVEL if the MARKET SENTIMENT changes and STOCKS and COMMODITIES start going UP. Anyway, after that, AUDUSD can be BUY at 0.6997 LEVEL. So keep an eye on it.
DeGRAM | AUDUSD broke supportAUDUSD broke and closed below the support level, which became a resistance.
If the market retraces back to resistance then we can look for shorting opportunities.
A false break such as pinbar is going to be a perfect sell signal.
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AUDUSD: Gains will be capped!AUDUSD
Intraday - We look to Sell at 0.6875 (stop at 0.6915)
We are trading at oversold extremes. A higher correction is expected. With the Ichimoku cloud resistance above we expect gains to be limited. Preferred trade is to sell into rallies.
Our profit targets will be 0.6760 and 0.6540
Resistance: 0.6910 / 0.7055 / 0.7170
Support: 0.6680 / 0.6540 / 0.6465
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GBPUSD and AUDUSD top-down analysisHello traders, this is the full breakdown of this pair. We will take this trade if all the conditions are satisfied as discussed in the analysis. 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.
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AUDUSD is in sell zone!!AUDUSD (4H) long-term bearish market, the price currently has tested this neckline of a double top on the 4H highly likely to be rejected as long term trend is down and the price is in an important area of value. At the same time price has completed a head & shoulder could potentially prepare for a further drop.
AUDUSD preparing for drop!AUDUSD (4H) has formed a strong bearish price action on all timeframes. After a daily bearish engulfer on the last day of the trading week, today's price dropped early, now the price is testing this daily support and showing significant rejection on 4H forming a doji candle. It is highly likely that the price will continue to drop from this as the long-term trend is bearish.
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AudUsd to break under supportAfter the low made in mid-July, AudUsd has started to rise and managed to pass above 0.7 important figure.
However, bears quickly took control and the pair fell under 0.7 again, a new attempt from last week is also quickly reversed leaving a strong bearish engulfing candle formation at the end of last week. Also, in August PA is an H&S and now AudUsd is trading in its neck-line support.
I believe this support will also fall and the pair will dive to 0.67 next important one.
Sell rallies is my strategy for this pair with negation above last week's high
AUDUSD top-down analysisHello traders, this is the full breakdown of this pair. We will take this trade if all the conditions are satisfied as discussed in the analysis. 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.
Press like button if you enjoy this content 😊
⭕Best BUY & SELL areas AUDUSD in One hour time frame🔥💣🔰You can see analysis of Australian dollars in US dollars in one hour time🔍
✴️As is evident from the image, the price is moving in a parallel descending channel (purple💜). The areas of supply and demand are marked in the picture. Due to the presence of the price in the demand area, if the price can break the downtrend line (black🖤 line) upwards, you can buy in Pullback and the price can climb to the demand area ❗❗
If the price falls to the bottom of the current demand area, it can fall to the nearest demand area🧐
In your opinion, the price will move according to which scenario, GREEN💚 or RED❤️ ❓❓
I hope the analysis was useful for you🤍🌹
📌Please introduce the channel to your friends 🙏🏻
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DeGRAM | AUDUSD is near the supportAUDSUD is decelerating while approaching a support level.
Price could make a new low. Bears are running out of steam.
We might see a retest of the resistance levels.
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