Forex Zone - Forex Forum

AUD/USD Forex Technical Analysis

Discussion started on Technical

  • Hero Member
  • Posts: 5458
  • Points: 1753
  • Likes Received: 554
  • Reputation: +22/-18
Explanation of the daily timeframe: yesterday's audusd daily candle was bearish but seems likely to be reversal  Explanation of the H4 timeframe: our break price range is at 0.721xx and 0.714xx, waiting for a break  Explanation of the M15 timeframe: the direction of our trendline is that the uptrend can buy now with the target high range
#166 - August 24, 2020, 01:10:38 PM
Attachments:

  • Hero Member
  • Posts: 5458
  • Points: 1753
  • Likes Received: 554
  • Reputation: +22/-18
Audusd Explanation of the daily timeframe: the audusd daily candle is a bullish pinbar as it will follow the trend Explanation of H4 timeframes: ranging in price today this pair is 0.731xx and 729xx, wait for one of them to break Explanation of the M15 timeframe: the direction of the uptrend but hasn't touched the trendline yet, wait for correction then buy
#167 - August 28, 2020, 10:22:13 AM
Attachments:

  • Hero Member
  • Posts: 5458
  • Points: 1753
  • Likes Received: 554
  • Reputation: +22/-18
Audusd Explanation of the daily timeframe: yesterday was a bearish pinbar shape and by chance this may be a reversal Explanation of the H4 timeframe: the H4 mother candle is in the 0.733xx area and 0.730xx is in focus if we follow the break M15 timeframe explanation: down is the current condition in pair m15 so we will sell if it breaks low
#168 - September 02, 2020, 06:51:43 PM
Attachments:

  • Hero Member
  • Posts: 5458
  • Points: 1753
  • Likes Received: 554
  • Reputation: +22/-18
 Explanation of the daily timeframe: yesterday's daily candlestick was bullish in the form of a bullish pinbar, the focus was up today Explanation of the H4 timeframe: the mother candle for today is at the price of 0.729xx and 0.722xx because that is the reference Explanation of the M15 timeframe: for the trendline we can see the price rising, meaning that we will just open buy
#169 - September 07, 2020, 01:04:14 PM
Attachments:

  • Hero Member
  • Posts: 5458
  • Points: 1753
  • Likes Received: 554
  • Reputation: +22/-18
Audusd Explanation of the daily timeframe: yesterday's candle on this pair formed a small bullish candle which means we will look for buying opportunities today Explanation of the H4 timeframe: ranging support resistance for today around 0.728x and 0.725x waiting for a break high Explanation of the M15 timeframe: the direction of the trendline is still down, however the price chart is also down in line with the H4 timeframe but remains focused on buying
#170 - September 14, 2020, 12:49:18 AM
Attachments:

  • Hero Member
  • Posts: 5458
  • Points: 1753
  • Likes Received: 554
  • Reputation: +22/-18
Audusd Explanation of the daily timeframe: yesterday's daily candle the pair still formed a small bearish but we will just follow buy Explanation of the H4 timeframe: prices for our breakout area are at 0.719x and 0.716x and we will buy after the break high Explanation of the M15 timeframe: trendline chart is still up and we will buy after correction in the trendline area
#171 - October 05, 2020, 01:15:11 PM
Attachments:

  • Hero Member
  • Posts: 5458
  • Points: 1753
  • Likes Received: 554
  • Reputation: +22/-18
Audusd Explanation of the daily timeframe: yesterday's daily candle is bearish engulfing where we will focus on selling for today according to the trend The explanation of the H4 timeframe: 0.71x and 0.70x is the price of the SR limit which we will use as a benchmark for the break body later Explanation of the M15 timeframe: the m15 chart is still decreasing and this means we will focus on selling after correction to the trendline area
#172 - October 07, 2020, 04:07:26 AM
Attachments:

  • Hero Member
  • Posts: 5458
  • Points: 1753
  • Likes Received: 554
  • Reputation: +22/-18
Audusd Explanation of the daily timeframe: yesterday's daily candlestick formed a bearish engulf and this reference is what we will use to open sell Explanation of the H4 timeframe: on h4 the price range of 0.738 and 0.734 is our reference resistance support
 Explanation of the M15 timeframe: wait until the price breaks the low h4 then we wait for a correction at m15
#173 - December 01, 2020, 12:41:15 AM
Attachments:

  • Sr. Member
  • Posts: 444
  • Points: 0
  • Likes Received: 31
  • Reputation: +2/-0
AUDUSD is shown a break position that continues the positive trend with a target based on the resistance at the previous price 0.80000-0.80100 which makes an important point for the next trend whether it will continue or there is resistance.
#174 - February 14, 2021, 08:59:16 AM
Attachments:

  • Hero Member
  • Posts: 5458
  • Points: 1753
  • Likes Received: 554
  • Reputation: +22/-18
audusd seems to clearly show the direction of the continuation of the bullish trend for this Thursday, at least to break through the resistance 2 days earlier, and we will focus on the price in the area of 0.74800
#175 - July 07, 2021, 10:47:39 PM
Attachments:

  • Sr. Member
  • Posts: 365
  • Points: 624
  • Likes Received: 2
  • Reputation: +0/-0
AUD USD has the potential to move up as seen from the bullish H4 time frame, and CCI is moving up


#176 - August 14, 2021, 10:51:46 PM
Attachments:

  • Jr. Member
  • Posts: 61
  • Points: 2
  • Likes Received: 0
  • Reputation: +0/-0
On TF Daily, H4 and H1 AUDUSD shows a downward trend, so we can try to sell now
#177 - August 17, 2021, 11:44:10 PM
Attachments:

  • Starter
  • Posts: 6
  • Points: 515
  • Likes Received: 2
  • Reputation: +0/-0
Today's opening of AUDUSD 0.74643 opened higher than yesterday's opening yesterday with a price of 0.73948 and the uptrend is still happening for the AUDUSD pair. Technically using Fibonaci, the current price is 0.74669 and the price wants to try upwards to reach the price of 0.74950 and if that price can be broken then the next price will go to 0.75189 with a price range movement of 0.75428 ? 0.75668 but if the price is not able to be broken then the price will return trying to go down to the pivot at 0.74231 and even 0.73991 with a movement in the price range of 0.73752 ? 0.73033

Recommendations for open positions:
BUY STOP 0.74800
SELL STOP 0.74450
NB: Use 2% risk for every open position
For TP and SL, please set the MM that you risk with a risk: reward ratio (1:1 or 1:2) if one of the pending orders has been touched, delete the untouched
Use Trailing Stop or Lock profit to maximize profit.
#178 - March 23, 2022, 01:54:26 PM
« Last Edit: March 25, 2022, 11:17:09 PM by Mikser »

Members:

0 Members and 1 Guest are viewing this topic.