Intraday Price Action patterns on AUD/USD 8/21/2024

AUD/USD: This currency pair has been in sideways movement for several hours on the 30-minute chart. A bearish Engulfing formation has formed on local resistance. The price is thus ready for a decline and we could consider a short position. The upcoming fundamental news should not affect the development of this currency pair.

Source: MT4, FXstreet, OctaFX

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• Intraday Price Action patterns on AUD/USD 8/16/2024
  
  AUD/USD: This currency pair has been in a downtrend for several hours on the 15-minute chart. A bullish Engulfing formation has formed on local support. The price is thus ready for growth and we could consider a long position. Upcoming fundamental news (data from the US) could influence the development of this currency pair. Some traders may close their positions on Friday, which could put this market under pressure.
• Intraday Price Action patterns on AUD/USD 1/7/2024
  
  AUD/USD: This currency pair is in sideways movement on the 30-minute chart and has tested the 0.6665 support.
• Intraday Price Action patterns on AUD/USD 18.1.2024
  
  AUD/USD: This currency pair is in sideways movement on the 15-minute chart. A bullish Hammer formation has formed on local support and the price is thus ready for growth. The upcoming fundamental news should not affect the development of this currency pair.
• Intraday Price Action patterns on AUD/USD 18.3.2024
  
  AUD/USD: This currency pair has been in sideways movement for several hours on the 30-minute chart. A rectangle formation was created. In the event of a rebound from the upper line or a break of the lower line of the rectangle, we could consider a short position. The upcoming fundamental news should not affect the development of this currency pair.
• Intraday Price Action patterns on AUD/USD 19.1.2024
  
  AUD/USD: This currency pair has been in an uptrend for several hours on the 30-minute chart. A pennant formation was formed. In the event of a rebound from the lower line or a breakthrough of the upper line, we could consider a long position. The upcoming fundamental news should not affect the development of this currency pair. Some traders may close their positions on Friday, which could put the currency pair under pressure.
• Intraday Price Action patterns on AUD/USD 2/19/2024
  
  AUD/USD: This currency pair is in sideways movement on the 15-minute chart. A Hammer formation has formed on local support. The price is thus set to rise. The upcoming fundamental news should not affect the development of this currency pair.
• Intraday Price Action patterns on AUD/USD 19.4.2024
  
  AUD/USD: This currency pair was in a downtrend on the 30-minute chart yesterday. A hammer formation has formed for local resistance after a pullback. The price is thus ready to fall. The upcoming fundamental news should not affect the development of this currency pair. Some traders may close their positions on Friday, which could put this currency pair under pressure.
• Intraday Price Action patterns on AUD/USD 19.7.2024
  
  AUD/USD: This currency pair has been in sideways movement for several hours on the 30-minute chart. A bullish Engulfing formation has formed on local support. The price is thus ready for growth and we could consider a long position. The upcoming fundamental news should not affect the development of this currency pair. Some traders may close their positions on Friday, which could put this market under pressure.
• Intraday Price Action patterns on AUD/USD 20.12.2023
  
  AUD/USD: This currency pair is moving sideways on the 15-minute chart today. A bearish Engulfing formation has formed and the price is thus ready for a decline. Upcoming fundamental news could affect the development of this currency pair.
• Intraday Price Action patterns on AUD/USD 5/21/2024
  
  AUD/USD: This currency pair has been in sideways movement for several hours on the 30-minute chart. A bullish Engulfing formation has formed on local support. The price is thus ready for growth and we could consider a long position. The upcoming fundamental news should not affect the development of this currency pair.
• Intraday Price Action patterns on AUD/USD 22.1.2024
  
  AUD/USD: This currency pair has been in a downtrend for several hours on the 15-minute chart. A Hammer formation has formed on local support. The price is thus set to rise. The upcoming fundamental news should not affect the development of this currency pair.
• Intraday Price Action patterns on AUD/USD 22.3.2024
  
  AUD/USD: This currency pair is in a downtrend on the 30-minute chart. A Morning Star formation was formed on local support. The price is thus set to rise. The upcoming fundamental news should not affect the development of this currency pair. Some traders could close their positions on Friday, which could put the currency pair under pressure.
• Intraday Price Action patterns on AUD/USD 23.1.2024
  
  AUD/USD: This currency pair has been in an uptrend for several hours on the 30-minute chart. A bearish Engulfing formation has formed on local resistance. The price is thus ready to fall. The upcoming fundamental news should not affect the development of this currency pair.
• Intraday Price Action patterns on AUD/USD 23.1.2024
  
  AUD/USD: This currency pair has been in a downtrend for several hours on the 15-minute chart. A Morning Star formation was formed on local support. The price is thus set to rise. The upcoming fundamental news should not affect the development of this currency pair.
• Intraday Price Action patterns on AUD/USD 24.1.2024
  
  AUD/USD: This currency pair has been in an uptrend for several hours on the 30-minute chart. A hammer formation has formed for local resistance. The price is thus ready to fall. The upcoming fundamental news should not affect the development of this currency pair.
• Intraday Price Action patterns on AUD/USD 6/24/2024
  
  AUD/USD: This currency pair is in a downtrend on the 1-hour chart and 0.6630 support has been tested.
• Intraday Price Action patterns on AUD/USD 24.7.2024
  
  AUD/USD: This currency pair has been moving sideways on the 15-minute chart for several hours. A Hammer formation has formed on local support. The price is thus ready for growth and we could consider a long position. The upcoming fundamental news should not affect the development of this currency pair.
• Intraday Price Action patterns on AUD/USD 25.3.2024
  
  AUD/USD: This currency pair is in an uptrend on the 15-minute chart. A hammer formation has formed for local resistance. The price is thus ready to fall. The upcoming fundamental news should not affect the development of this currency pair.
• Intraday Price Action patterns on AUD/USD 4/25/2024
  
  AUD/USD: This currency pair has been in an uptrend for several hours on the 15-minute chart. An Evening Star formation was formed for local resistance. So now we could consider a short position. The upcoming fundamental news should not affect the development of this currency pair.
• Intraday Price Action patterns on AUD/USD 26.12.2023
  
  AUD/USD: This currency pair has been in an uptrend for several hours on the 15-minute chart. A bearish Hammer formation has formed and the price is thus ready for a decline. The upcoming fundamental news should not affect the development of this currency pair.

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