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Audusdforcast

AUD/USD Secures Bullish Momentum Above $0.6407FenzoFx—AUD/USD closed above $0.6407 and remains stable, signaling a bullish trend supported by the 50-period simple moving average. However, indicators like Stochastic and RSI 14 suggest an overbought condition, hinting at a possible correction. Key support lies at $0.6395, with traders watching for bullish signals such as candlestick patterns. The outlook stays bullish above $0.6276, while dips below this level could trigger extended consolidation. >>> No Deposit Bonus >>> %100 Deposit Bonus >>> Forex Analysis Contest All at FenzoFx Decentralized Forex Broker
Long
by FenzoFxBroker
AUDUSD BULLISH moment on the way...AUDUSD is a forex instrument that has 5.4% of trading volume. AUDUSD have been consolidatiing in the rectangle for past 2 month. It break to the downside but proved to be a fakeout. and market reversed and ended up back in channel. AUDUSD is expected to be bullish for next week. Reason : Fakeout and very nice volume comeback to channel. Price > 5 EMA >13 EMA Bullish pattern formation after fakeout. right time to make position. RSI > 50 Bullish Zone. Verdict : Bullish for next Week Plan of action: Buy: 0.63835 (after retrace) SL: 0.63508 Target: 0.64941
Long
by finnova_
AUDUSD SELL @ BREAKOUTHELLO FRIENDS AS I CAN SEE AUDUSD IS REACHED @ 3 YEARS HIGHS AND HIT 0.8000 AS WE PREDICT IN OUR BUYING ANALYSIS ON THIS PAIR SUCCESSFUL ACHIEVE TPS NOW ITS SHOWING US SOME BEARS IN HOUSE AND MAKING A $ GREEN BACK WITH SUPPORT OF US PASSING 1.9 TRILLIONS SHOWING US BEARS WILL PUSH THIS PAIR TO MORE LOWER TILL DESIGN OUR NEW LEVELS SO SELL ON CONFIRMATION OF TREND LINE AND A STRONG SUPPORT BROKEN ON LAST FRIDAY CLOSING AND TODAY IS NEW MONTH OPENING HOPE SO THIS MONTHLY CANDLE AUSSIE PAIRS PUSH TO DOWN SIDE MORE FOR A LITTLE RETRACE CHART IS BASED ON 4 HR FRIENDS PUSH LIKE AND COMMENT IT HELP ALOTE TO PROMOTE THE IDEA TO MANY OTHER PEOPLES FOLLOW US FOR MORE UPDATES
Short
by APEX_TRADING_ACADMEY
AUDUSD SELL trade outlookOn the chart is the 4-hour time frame Elliot wave count of Aud/USD. This shows an opportunity to sell the pair after confirming that the impulse is complete. We saw the start of a new impulse wave after the completion of the ABCDE triangle correction. Then, the wave 1and wave 2 of the new impulse unfold, followed by the wave 3 which ended with an ending diagonal followed by a triangle pattern; wave 4. So, currently, I suggest that wave 5 has ended and I am looking for a selling opportunity. Invalidation level is around 0.74500
Short
by ABDOLLAR_FX
Short $AUDUSD against .7000 Hello Sophisticated Trader, The $AUDUSD as finally showed some form of reversal that now put .6700 in view. The break of the 100MA on the 4hr indicates that the pair may test the breakout levels before deciding what it wants to do. The double top with January high could also be an indication that a long term top is in place. However, we will wait and see. For now, we will short .6910 SL .6950 a close above, the target of .6700. Like, Comment, and Follow. Let's Make Money Together! Happy Trading! Dr. Lydia Smith Where we teach you what you need to know about trading.
AShort
by DrLydia