AUDUSD | New perspective

מעודכן
The U.S. dollar appears to be handing back some of its gains as buying traction was predominant during the course of last week's trading session.
It is also worth noting here that the Dollar Index, which tracks the Greenback against a basket of major currencies fell by 0.1% to suggest the possibility of a retracement in the nearest future. Will the breakout of the $0.66300 turn out to be bullish for the new week?

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Past performance is not necessarily indicative of future results.
עסקה פעילה
Still monitoring price action as the week started on a bearish tone

Good morning

תמונת-בזק
עסקה פעילה
UPDATE
Buying pressure above neckline

Good morning

תמונת-בזק
עסקה פעילה
Buying pressure persist

תמונת-בזק
עסקה פעילה
UPDATE

70 pips in profit; securing position

תמונת-בזק
עסקה פעילה
UPDATE
Price action presents another opportunity to add a position to the existing trade

Good morning

תמונת-בזק
עסקה פעילה
Price continue to move as projected. Breakout/retest of the $0.64900 welcomes another opportunity to add one more position.

תמונת-בזק
עסקה פעילה
Move stop-loss accordingly to protect the current position against sudden reversal as we begin to notice buying traction for the US Dollar.
עסקה פעילה
Update coming soon

Good morning

תמונת-בזק
עסקה פעילה
Update coming soon

Good morning

תמונת-בזק
עסקה סגורה: הגיע לסטופ
Stop loss hit on the third position and above the $0.64900 level is looking promising to buy the Aussie.

תמונת-בזק
עסקה פעילה
Stopped out with a total of 100pips profit as price action is caught within a channel 0.64900 and 0.64400. From here, we need to remain patient for signals in the form of a breakout or breakdown of this channel to join the potential rally or decline.

Good morning

תמונת-בזק
עסקה פעילה
UPDATE

We have a signal

תמונת-בזק
עסקה פעילה
Securing the current position as we continue to monitor price action

תמונת-בזק
עסקה פעילה
40pips in profit, secure position

תמונת-בזק
עסקה פעילה
UPDATE

תמונת-בזק
עסקה פעילה
Time to add position below the 0.64000 level

תמונת-בזק
עסקה פעילה
UPDATE

Sellers struggle as participants in the market anticipate the RBA interest decision and a handful of high-impact events coming up in a couple of days (screenshot on the chart). Selling pressure below the 0.64000 level still remains a positive sign for us.

תמונת-בזק
עסקה פעילה
Are we ready for the second wave of the bullish momentum that started last week? Following the reversal pattern, the breakout/retest of the $0.64250 level looks promising to buy the Aussie.

Happy New Month!

תמונת-בזק
AUDUSDaudusdanalysisaudusdforecastaudusdlongaudusdsignalaudusdsignalsChart PatternsnecklinetraderpriceactionreversalpatternTrend Analysis

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