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Audusdsignal

AudUsd- Where to buy for long term holding?There is no doubt about the trend in AudUsd's case, is down. However, looking at the bigger picture, we can see that this trend is in fact a correction of the strong impulse up started in March 2020. Now the pair is facing strong horizontal support backed by the 50% Fibo of this leg up. With DXY at 110 and very close to a correction, I expect AudUsd to find its bottom soon and, in the long run, reverse its trend. 0.65 can be a good place to look for a buy-and-hold trade.
Long
by Mihai_Iacob
3
AudUsd can break support and fall to 0.65At the beginning of the month, I draw attention to a possible H&S pattern for AudUsd and a new drop to the important 0.67 support. The neckline was broken as expected and my target was reached. Going further, re reversal took place and the neckline of the pattern was confirmed as resistance. CPI data from the US reversed the gains for the pair and the daily candle engulfs the previous 2 very bullish days, giving us a very good signal that bears are strong also here (like in other USD pairs) Yesterday is also a bearish engulfing candle formation and, in my opinion, there is a very high probability of a down break As long as 0.69 is intact, sell rallies in search of a good R: R should be a good strategy considering 0.65 as the target.
Short
by Mihai_Iacob
11
AUDUSD | Bearish DivergenceThis idea is a continuation of the previous idea, which is listed below,make sure you've seen it! In this idea, bearish divergence are clearly seen in 1 hour time frame, of course this is our chance to take short, but there are conditions to ensure that this divergence is valid,there are two confirmations that you can choose or you can choose both Option 1 The first option is the trend line, this is the most basic and simple confirmation, the way to use it is when the price has crossed the trend line, then that's when we can enter Option 2 For the second option, this option was chosen because the area is a strong area, if the price manages to break through this strong area, then it is a good time for us to enter How about combining the two options? To combine the two, we need to wait for these two options to have been breached. the conclusion is that if only one option has been penetrated (while the other has not) then we have to wait for the other option to be penetrated by the price Thank you for taking your time to read, it makes me more synergistic Stay tune!
Short
by Ivannn7
AUDUSD - CURRENT SITUATION AND FUNDA & TECHNICAL BIAS#AUDUSD - According to the analysis we gave the previous day, the AUDUSD UP SIDE WAVE has been UP about 140++ PIPS. We hope you get it anyway. It is still moving UP SIDE as we provided. - Currently the MARKET SENTIMENT for AUD is on the UP SIDE. But because RISK is ON for AUDUSD, there is currently an UPSIDE BIAS for it. The main reason for that is that STOCKS and COMMODITIES MARKETS are slightly UP due to MARKET RISK being ON. It is heavily influenced by the Australian dollar. - It is definitely possible to break the AUDUSD STRUCTURE and go up to the higher RESISTANCE LEVEL. The reason for that is because there is a good UP SIDE BIAS in the MARKET for USD. Accordingly, AUDUSD can rise up to the level of 0.7042. And after that, AUDUSD can SELL to the 0.6670 LEVEL if the MARKET SENTIMENT changes and STOCKS and COMMODITIES start going UP. audusd
by benny_marshall
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. --------------------------------------------------------- Please write any advice or suggestions. Dear friends, request any cryptocurrency pair, currencies pair for forex, and any index that you want to be analyzed and ask any questions. Thanks for your attention
Long
by Arash-RK