Audusdforecast
Short-term trend change from bearish to bullish in AUDUSDThe AUDUSD chart has resisted the downtrend in the previous 24 hours, and its price is preparing for a short-term uptrend movement.
The possibility of changing the main trend from down-trend to up-trend is determined in the next hours or the next day.
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AUD/USD has formed a bullish daily candle in the demand levelA bullish candlestick has formed in the daily chart at a very important demand level. This could be a very significant development for AUD/USD
traders as price may have started reversing.
Buyers can buy as long as price doesn't break the demand zone that I have highlighted in my chart. If the reversal is confirmed then AUD/USD could reach 0.70 level in the next few weeks. 0.6680-0.6720 remains my favored buy zone.
AUDUSD Long Trade SetupA bullish opportunity recently presented itself on the aussie-dollar trading chart. This follows from the bullish engulfing candlestick pattern which printed just above the 0.66800 psychological level. A stop loss below the same psychological level and a profit target anywhere between your entry and the swing high of 0.71403 could give you a reward-to-risk ratio as high as 5 or even higher. Be sure to size your position based on your trading account balance and apply other risk management measures before placing trades.
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FX:AUDUSD
AUDUSD forecast and idea for tradingPlease write any advice or suggestions.
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AUDUSD
AUDUSD Multi-timeframe analysis,UPDATEDHello 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 Multi-timeframe analysis UPDATEDHello 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 😊
AUDUSD and AUDNZD Analysis todayHello 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 the like button if you enjoy this content 😊
⁉️ AUDUSD - Market AnalysisHello traders!
⁉️This is my analysis on AUDUSD .
Here we can see how price broke the market structure and started to form lower highs and lower lows, so I am looking only for shorts. I expect price to retrace and to reject from bearish orderblock.
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