AUDUSD
3,819 views
13 Discussing
Hot
Latest
See original
#AUDUSD
For those interested in forex trading#Australian_dollar🇦🇺/🇺🇸 Wave view of the currency pair within the 1-hour time frame
🚀 Correction then launch
After the completion of the impulse wave representing wave (1)/(A), which witnessed a noticeable rise, the price is currently moving in a corrective phase that may take the form of a correction that may reach the areas of 50-61.8%.
👈 On this basis, we expect
- The corrective wave is ideally formed in one of the zigzag patterns
- The pair reaches the levels of 0.61890 - 0.61755 of the length of the upward wave.
💡 Important notes
- Determining the pattern that will form is an essential step to confirm the trend.
- The key level of the pattern represents a milestone: - Breaking it will qualify the price to reach a new high above the 0.62926 level as a lower target
For those interested in forex trading#Australian_dollar🇦🇺/🇺🇸 Wave view of the currency pair within the 1-hour time frame
🚀 Correction then launch
After the completion of the impulse wave representing wave (1)/(A), which witnessed a noticeable rise, the price is currently moving in a corrective phase that may take the form of a correction that may reach the areas of 50-61.8%.
👈 On this basis, we expect
- The corrective wave is ideally formed in one of the zigzag patterns
- The pair reaches the levels of 0.61890 - 0.61755 of the length of the upward wave.
💡 Important notes
- Determining the pattern that will form is an essential step to confirm the trend.
- The key level of the pattern represents a milestone: - Breaking it will qualify the price to reach a new high above the 0.62926 level as a lower target
See original
*Today's Trading Analysis (January 2, 2025)*
#USOIL is stabilizing ⚖️. Watch for support at 71.5 and resistance at 75.6. A break below 69.6 could signal further decline 🔻.
#AUDUSD is fluctuating at lower levels. Watch for resistance at 0.624 and support at 0.617. A break above 0.628 could signal an uptrend
#USOIL is stabilizing ⚖️. Watch for support at 71.5 and resistance at 75.6. A break below 69.6 could signal further decline 🔻.
#AUDUSD is fluctuating at lower levels. Watch for resistance at 0.624 and support at 0.617. A break above 0.628 could signal an uptrend
Future Lovers👻👽👋💰🔥🚀👍#AUDUSD Expected to trade between 0.6190 and 0.6250
Below 0.6190, a move to 0.6155 can be expected
#FutureTarding #FutureTradingSignals
24-HOUR VIEW: "After AUD fell to a low 0.6192 last Friday and then rebounded, we highlighted yesterday (Monday) that 'the rebound in oversold conditions and slowing momentum indicates that AUD is unlikely to weaken further.' We expected AUD to 'trade in a 0.6195/0.6240 range.' AUD subsequently traded in a higher and wider range than expected (0.6204/0.6255), closing at 0.6225 (+0.27%). The price action still appears to be part of a range trading phase. Today, we expect AUD to trade between 0.6190 and 0.6250."#BinanceFuturesNEXT #BinanceSquareFamily
1-3 WEEKS VIEW: "Our update from yesterday (03 Mar, spot at 0.6215) still stands. As highlighted, “While declines still seem likely, AUD must break and remain below 0.6190 before a move to 0.6155 can be expected.” We will continue to hold the same view provided that AUD remains below 0.6285 (no change in ‘strong resistance’ level from yesterday). Note that below 0.6190, there is another major support at 0.6155."
Below 0.6190, a move to 0.6155 can be expected
#FutureTarding #FutureTradingSignals
24-HOUR VIEW: "After AUD fell to a low 0.6192 last Friday and then rebounded, we highlighted yesterday (Monday) that 'the rebound in oversold conditions and slowing momentum indicates that AUD is unlikely to weaken further.' We expected AUD to 'trade in a 0.6195/0.6240 range.' AUD subsequently traded in a higher and wider range than expected (0.6204/0.6255), closing at 0.6225 (+0.27%). The price action still appears to be part of a range trading phase. Today, we expect AUD to trade between 0.6190 and 0.6250."#BinanceFuturesNEXT #BinanceSquareFamily
1-3 WEEKS VIEW: "Our update from yesterday (03 Mar, spot at 0.6215) still stands. As highlighted, “While declines still seem likely, AUD must break and remain below 0.6190 before a move to 0.6155 can be expected.” We will continue to hold the same view provided that AUD remains below 0.6285 (no change in ‘strong resistance’ level from yesterday). Note that below 0.6190, there is another major support at 0.6155."
Here is what you need to know on Friday, April 11:
Forex Today: Focus remains on US inflation, this time with Producer Prices.
The US Dollar Index #DXY tumbled to new multi-month lows in the sub-101.00 region amid shrinking US yields across the curve. Producer Prices will be released, seconded by the advanced Michigan Consumer Sentiment and speeches by the Fed’s Musalim and Williams.
#EURUSD advanced to new highs after breaking above the key 1.1200 round level. The final Inflation Rate in Germany and the Current Account prints are next on tap.
#GBPUSD added to the weekly recovery and came closer to the 1.3000 milestone. The GDP figures, Goods Trade Balance results, Industrial and Manufacturing Production, Construction Output, and the NIESR Monthly GDP Tracker are all due across the Channel.
#usdjpy retreated markedly and revisited the area of recent troughs around the 144.00 neighborhoods. Capacity Utilization and the final Industrial Production readings will be published on April 14 in Japan.
#AUDUSD climbed to four-day highs after reclaiming the 0.6200 hurdle on the back of the US Dollar’s sell-off. Next of note in Oz will be the release of the RBA Minutes on April 15.
Prices of WTI partially left behind Wednesday’s strong rebound and resumed its downtrend, slipping back to levels below the $59.00 mark per barrel on intense tariff concerns.
Prices of Gold surged to an all-time high near the $3,180 mark per troy ounce on the back of the steep drop in the greenback, trade war jitters and declining US yields. Silver prices rose further and reached four-day tops near $31.30 per ounce, surpassing at the same time their key 200-day SMA.
The Greenback plummeted to fresh lows amid persistent concerns over the US-China trade war and its potential impact on both the global and US economies.
The US Dollar Index #DXY tumbled to new multi-month lows in the sub-101.00 region amid shrinking US yields across the curve. Producer Prices will be released, seconded by the advanced Michigan Consumer Sentiment and speeches by the Fed’s Musalim and Williams.
#EURUSD advanced to new highs after breaking above the key 1.1200 round level. The final Inflation Rate in Germany and the Current Account prints are next on tap.
#GBPUSD added to the weekly recovery and came closer to the 1.3000 milestone. The GDP figures, Goods Trade Balance results, Industrial and Manufacturing Production, Construction Output, and the NIESR Monthly GDP Tracker are all due across the Channel.
#usdjpy retreated markedly and revisited the area of recent troughs around the 144.00 neighborhoods. Capacity Utilization and the final Industrial Production readings will be published on April 14 in Japan.
#AUDUSD climbed to four-day highs after reclaiming the 0.6200 hurdle on the back of the US Dollar’s sell-off. Next of note in Oz will be the release of the RBA Minutes on April 15.
Prices of WTI partially left behind Wednesday’s strong rebound and resumed its downtrend, slipping back to levels below the $59.00 mark per barrel on intense tariff concerns.
Prices of Gold surged to an all-time high near the $3,180 mark per troy ounce on the back of the steep drop in the greenback, trade war jitters and declining US yields. Silver prices rose further and reached four-day tops near $31.30 per ounce, surpassing at the same time their key 200-day SMA.
The Greenback plummeted to fresh lows amid persistent concerns over the US-China trade war and its potential impact on both the global and US economies.
#AUDUSD Reject the resistance area Now Market next Movement is selling trend
#GoldPricesSoar #TrumpTariffs
#GoldPricesSoar #TrumpTariffs
Login to explore more contents