I catched a good moves on AUDUSD entering while it was ranging on trendline. I expect a continuation on the down moves till 0.65, where we could see a potential bounce. I placed a long limit order here, considering that 0.65 is a very strong liquidity zone and support.
The Australian dollar was among the few exceptions on the day, rising 0.3% as data showed CPI inflation eased in November, but remained well above the Reserve Bank's 3% target of 2%. annual. Core inflation also remains high amid high food and service prices. The dollar index and dollar index futures were mildly mixed during the Asian session on Wednesday, after...
Analysis for AUDUSD: Bearish Outlook 1. U.S. Inflation Trends: - Recent Data: The U.S. Consumer Price Index (CPI) showed an increase of 3.4% year-over-year in December, the highest in three months. This rise was more than expected, indicating a continued inflationary pressure. - Core Inflation: Core inflation, which excludes volatile items like food and...
Sell @ 0.67100 Sl @ 0.67550 1st tp @ 0.66500 2nd tp @ 0.66000 Expecting 1 more push down
The Australian dollar’s rally has met its match around a key resistance area, which includes the January trendline and Q3 open price. A 2-bar reversal formed on Wednesday, following RSI reaching overbought the day prior. And as the US dollar has weakened on bets on Fed cuts ahead of a key PCE inflation report, I suspect there may be some disappointment and the...
Hello traders! ‼️ This is my perspective on AUDUSD. Technical analysis: I see here a short opportunity, price rejected earlier from bearish order block and now I expect a reaction from institutional big figure 0.67000 to the imbalance lower. Fundamental news: Tomorrow we will see results of monthly and yearly CPI in USA. Like, comment and subscribe to be in...
AUDUSD Is Bearish On 4H TF As SMC Structure. Price Sweep The Liquidity On 1H TF, And Mitigate The 1H LQGC So we Got Confirmation On 5min TF.
Hello Traders! This is my idea related to AUDUSD H4. I expect a retracement from the resistance level, where we have also an OB. It's a good opportunity to entry long if the strategi is confirmed. Traders, if you liked my idea or if you have a different vision related to this trade, write in the comments. I will be glad to see your...
H1 - Bearish trend pattern. Currently it looks like a pullback is happening. Until the two strong resistance zones hold my short term view remains bearish here.
Hi Traders! AUDUSD has tested the 6-month high but has failed, and there is a potentially big pullback that is about to occur. Here are the details: After the range zone breaks to the upside, The market was in an aggressive bull rally to tray and test the 6-month high but has exhausted due to a strong bearish presence at the 6-month high. The next signal to...
Hello, According to my analysis of AUD/USD, the market has reached a very important stage. It has reached the strong resistance level at 0.69000. The price has bounced off it several times. We note that the pair reached the top of the ascending channel and was unable to penetrate it upwards. This puts pressure from the bears to fall further. Good luck everyone.
Is AUDUSD exhausting at highs? As the price is been on high bull run but now it seems like price is lacking bullish momentum after printing double top pattern at resistance level and bearish divergence( on lower time frame) suggesting the sell pressure is about to start. If the bears took control , the 1st target could be 0.6660. What you guys think of it?
AUD USD is moving in an ascending channel, The price has reached the Higher High Level of the channel for the 3rd time, which is also a strong resistance level Upon reaching the HH level the market has formed a Doji candlestick pattern with a close below which is a good confirmation for a sell. What do you think ?
Hello TradingView community! I'm excited to share my Elliott Wave analysis on AUDUSD, which is currently showing a strong sell signal. As an avid follower of Elliott Wave theory, I've been closely observing AUDUSD's market behavior and here's my detailed analysis. Through my in-depth study, it's become apparent that AUDUSD has completed its bullish phase,...
AUDUSD surpassed its recent high of 0.6800 last Friday, reaching levels not seen in nearly five months. The initial rise in the Australian dollar was attributed to increased market risk appetite and a decline in the US dollar. Additionally, hawkish sentiment around the RBA supported the Australian dollar. AUDUSD continues its uptrend intraday. Upward movement...
The AUDUSD witnessed a remarkable rebound this week, surging to the 0.6791 level on Thursday, marking the highest level since late July. After a failed attempt at the beginning of the month, the bulls finally broke above the resistance trendline dating back to April 2022, adding to the market's optimistic sentiment that the upward reversal from the year's low...
I am expecting a correction on this pair to 0.38 and 0.61 Fibonacci level. We are seeing an ending diagonal marking the end of the 5th wave. And the start of ABC correction.
Hey there, TradingView community! I'm excited to share with you my Elliott Wave analysis of AUDUSD, which is currently showing a significant sell opportunity. As someone who regularly applies Elliott Wave theory in my trading, I've been analyzing AUDUSD's chart closely and here's what I've uncovered. From my in-depth analysis, it's become clear that AUDUSD has...