AUD/USD

Long here

TP 0.6660

Historically, July has been the best month for AUD/USD:

Selling on the pullback.

The hourly chart of the AUDUSD currency pair shows a long trend movement. This is confirmed by the indicators on the chart. The moving average with a period of 120 confirms the north direction, as it is below the price. The zigzag also confirms the bullish structure as the extremes rise. During the day, I consider purchases from the level of 0.6810 with the fixation of the first target, income to the price level of 0.6850, and the next target is 0.6890, stop loss in the area of 0.6780. Sales during the day are also possible, but only if the pair is fixed at the price level of 0.6750 and only under this condition. It is best to close possible sales at the level of 0.6710, and limit possible losses from sales at the level of 0.6780.

Intermediate correction abc , should short this

Wish I would have left my old position alone

Ok, out of the last position at BE.

Going long with a target of 0.6900

no no
Target is 0.65950

Why? What is your reasoning.

DXY has peaked

Wait until China unleashes their stimulus program and AU will fly...

AUD/USD (4H): the price may soon break the local support and start a downtrend towards the major 0.65 support area.
Confirmations: lower low + lower high, Price Action pattern.

Target is 0.65950

reached the goal

Doing a small lot here for AUD and NZD. I think NZD will have a more aggressive rebound...

Good call - now let's take the elevator north?

Yes, most likely of course After a week in this range

looking for rebound from here to around 0.673 level

61.8 fib level from Oct 2022's low to Feb 2023's high was achieved around late May 2023
then it bounced off 61.8 level to closed to 0.69 level twice then drop back to 61.8 level recently
last week's closed is not too far away from 1/6/2023's closed which started the rebound from 61.8 level after the drop in late May
so this time it may repeat the same path, also that the pre-US CPI trend, when the trend was down, AUD/USD tend to go up when US CPI news is out
and vice versa, so based on these two I believe AUDUSD pair has good chance to bounce from here to 0.673 level which is just below the 61.8 level of recent HL.

https://www.forexfactory.com/thread/...6#post14525746
Looks it may play best next days /weeks! Take care

My 1st trade of the week AUDUSD:
TF = H4
PENDING SELL ORDER @ 0.65650
SL = 0.65844
TP = 0.65162
EMA = 200 50 20
Good Luck Everyone..
Cheers !

ok 0.6557 , better will wait price below 06544 to bull restart ! signal for test low 0.6561 , breaks and hold now ! take care