Time For LONG ?Hello Traders, I hope you doing great. for upcoming week, I think we'll probably see an Upward trend on AUDUSD and a downward correction on DXY$. if this post was helpful to you, please like and share.Longby aminrzbUpdated 111
AUD/USD SELL IDEAWe can expect to have a reaction in the direction of selling from the specified resistance zoneShortby Ali-Rezaei-FX2
BUY IDEA AUD/USDAccording to the orders left in the specified support area, we can expect to have an upward reaction from this areaLongby Ali-Rezaei-FX1
AUDUSDOn Friday, the Australian Dollar (AUD) extended its consecutive four-session losing trend, presumably attributable to risk aversion. As the US Dollar (USD) strengthened on hawkish expectations that the Federal Reserve (Fed) will sustain higher policy rates for an extended period, the AUD/USD pair declined. Consumer Inflation Expectations for the following 12 months fell to 4.1% in May from 4.6% in April, the lowest level since October 2021, exerting pressure on the AUD. This exacerbated apprehensions that inflation might persist above the target level for an extended duration. According to the minutes of the most recent meeting of the Reserve Bank of Australia (RBA), policymakers needed help in conclusively stipulating or precluding future adjustments to the cash rate. The USD extended its gains following releasing Purchasing Managers Index (PMI) data from the United States on Thursday that exceeded expectations. This information increased Treasury yield concerns that interest rates would remain elevated for an extended period. Furthermore, the most recent minutes of the Federal Open Market Committee (FOMC) revealed that policymakers at the Fed were concerned about the prolonged stagnation of inflation at the beginning of 2024, which was slower than expected.Longby TFXBR0
AUDUSD SHORTPrice is currently sitting on a 2H orderblock that could provide the platform for bears to jump in. Watch lower time frame like 5 mins to further boost your entry confirmation. This is just my view and not the final outcome of the market.Shortby cyrille2542
AUDUSD SELL IDEA Breaker block entry AUDUSD broke out of the 4hr trend line we got a retest and now expecting more downwards movement Shortby Ricothetrader_8
AUDUSD is on Truncated ZigzagAUDUSD is on truncated zigzag that will retracement upward to more than 81% of prevoius correctionLongby jirapatsangmee0
AUDUSD 1D BEARISH PENNANT A BEARISH PENNANT has formed at the top of the AUDUSD bearish line. The BEARISH PENNANT made a lower high when it tested its upper ceiling 3 times. Opened short and target is 0.55141Shortby jonintaij7
AUDUSD BEARISH BREAKOUT ON TREND LINEAUDUSD has confirmed a breakout of the trend line. Following the breakout, we observed a bullish reversal back towards the key zone. However, we anticipate further downside momentum, with the reversal identified at the key zone. The next target is expected to be near the highlighted bottom support level.Shortby traderchamp_5
AUDUSD - 3-Monthly Chart - Forecast from 25 May 2024 - VideoI forecast lower lows to come on the AUDUSD, shorts at potentially 0.6730 or 0.6755 Targets at lower lines as per discussion in the videoShort07:37by TraderRiz1
AUD-USD Local Short! Sell! Hello,Traders! AUD-USD went up to Retest the horizontal Resistance level of 0.6649 From where we will be Expecting a local Move down Sell! Like, comment and subscribe to help us grow! Check out other forecasts below too!Shortby TopTradingSignals116
AUDUSDAUDUSD is now 90% bearish 10% bullish as we have gone to sell audusd and also manage the risk on it expecting a collapse on audusd which all the cateria for sells has been metShortby Showboi-fx1113
AUDUSD SHORTThis is just simple trading idea draw into chart using labels and lines. Please use it as educational purpose and you are free to modify anyShortby akmalsabran90Updated 1
AUDUSD possible LONG positionBias: Long Position Rationale: Based on the latest Commitment of Traders (COT) reports, there is a positive shift in market sentiment: Increase in AUD Buying: The previous and current week's COT reports indicate an increase in AUD buying activity. Reduction in AUD Short Positions: There is a noticeable decrease in existing short positions on the AUD. These factors suggest a bullish outlook for the AUDUSD pair, as traders seem more confident in the Australian dollar's potential for appreciation. Trading Plan: I am looking to initiate a long position in the AUDUSD pair. My strategy involves waiting for the pair to reach a key support level or resistance level identified on the chart. This approach aims to capitalize on potential upward momentum while minimizing downside risk.Longby Everlon0
Lingrid | AUDUSD Bullish DIVERGENCE. Target for LONG TRADEThe price perfectly fulfilled my last idea. It reached the targeted zone. FX:AUDUSD descended to the main support level at 0.6600, after breaking through the range zone. A bullish divergence occured at this critical support level, with the lower border of the downward channel. As the market approached this significant support level, it began to slow its descent, hinting at the importance of this level. In my opinion, the market will likely seek liquidity below the round number and subsequently roll back to the resistance levels. I expect a spike down and bullish move. My goal is to resistance zone at 0.66350 Traders, if you like this idea or have your own opinion on this matter, write in the comments. I will be glad 👩💻Longby LingridUpdated 5526
AUDUSD bearish forecast Simple inducement entry Possible bearish trend continuation Shortby grEat_canDLes1
AUDUSD Buying SetupAUDUSD instant buying based on bullish momentum expected after getting confirmation from diveregence formed in the market at the strong support area. are you making money on your trades?Longby Trade_With_Sherry0
AUDUSD A Fall Expected! SELL! My dear followers, This is my opinion on the AUDUSD next move: The asset is approaching an important pivot point 0.6620 Bias - Bearish Safe Stop Loss - 0.6669 Technical Indicators: Supper Trend generates a clear short signal while Pivot Point HL is currently determining the overall Bearish trend of the market. Goal - 0.6551 About Used Indicators: For more efficient signals, super-trend is used in combination with other indicators like Pivot Points. ——————————— WISH YOU ALL LUCK Shortby AnabelSignals112
AUDUSD BULLISH SENTIMENT My bullish sentiment on AUDUSD are backed by the following confluences- 1) Market structure (ChoCh), 2) IMB-Demand, 3) Imbalance, 4) Liquidity(take profit liquidity). So my markups are done on the 1daily timeframe which is higher timeframe (HTF) used. So price has successfully broken structure higher showing a Reversal to a bullish trend, and price has retraced back down to first fill up the imbalances, where this retracement of price back to my point of interest happens to be my Liquidity and after that price reached my main point of interest which is the Demand below to mitigate it.Now price has given me my basic entry structure on the lower timeframe of 1hr which is a-lower low,lower high, lower low and then a higher high. Then my entry has been placed on a demand formed on the lower timeframe of 1hr. Where I’ll be targeting a minimum of 1:2.5 as profit target. Note: the financial market is all about probabilities, which also makes my analysis a probability.Longby MeekBosslife4
AUDUSD BULLISH SENTIMENT My bullish sentiment on AUDUSD are backed by the following confluences- 1) Market structure (ChoCh), 2) IMB-Demand, 3) Imbalance, 4) Liquidity(take profit liquidity). So my markups are done on the 1daily timeframe which is higher timeframe (HTF) used. So price has successfully broken structure higher showing a Reversal to a bullish trend, and price has retraced back down to first fill up the imbalances, where this retracement of price back to my point of interest happens to be my Liquidity and after that price reached my main point of interest which is the Demand below to mitigate it.Now price has given me my basic entry structure on the lower timeframe of 1hr which is a-lower low,lower high, lower low and then a higher high. Then my entry has been placed on a demand formed on the lower timeframe of 1hr. Where I’ll be targeting a minimum of 1:2.5 as profit target. Note: the financial market is all about probabilities, which also makes my analysis a probability.Longby MeekBosslife2
Strifor || AUDUSD-23/05/2024Preferred direction: SELL Comment: We did not see another short-term growth in the Australian dollar , as a result of which we had to abandon this idea, and today it is most likely better to consider this instrument more from the seller’s point of view. The most likely maneuver in favor of the seller will most likely develop from the level of 0.66460 , which will most likely become resistance again (scenario №1) . However, a close above this level, especially on the daily chart, will immediately restore confidence in buying, and selling will have to wait. Scenario №2 is more conservative, according to which you should look for a sale near the level of 0.67500 , after updating the local maximum. Additional comments on this trade will be provided as situation changes. Follow us! Thank you for like and share your views!Shortby Viktor_strifor_analystUpdated 112
AUD/USDCertainly! Let's break down the concept of the 38% retracement into its key components for a clearer understanding: 1. **Fibonacci Retracement Levels:** These are horizontal lines used in technical analysis to identify potential support and resistance levels in a price chart. They are based on ratios derived from the Fibonacci sequence. 2. **The 38% Retracement Level:** Specifically, the 38% retracement level is derived from the Fibonacci ratio of 0.382. It indicates a potential reversal or pause in the price movement within a larger trend. 3. **Application of the 38% Level:** - **Uptrend:** In an uptrend, traders draw the retracement from the low to the high. The 38% retracement level serves as a point where the price might find support during a pullback. - **Downtrend:** Conversely, in a downtrend, the retracement is drawn from the high to the low. Here, the 38% retracement level acts as potential resistance during a rally. 4. **Drawing the Retracement:** - Traders identify the most recent significant high and low points in the price movement. - For an uptrend, the retracement is drawn from the low to the high, while for a downtrend, it's drawn from the high to the low. 5. **Usage of the 38% Level:** - Traders observe how price reacts around the 38% retracement level. If the price bounces off this level and resumes the prevailing trend, it validates the retracement and offers a potential entry point. - It's common to combine the 38% retracement level with other technical indicators for confirmation, such as moving averages or trendlines. 6. **Example Scenarios:** - In an uptrend scenario, if a stock moves from $100 to $150, the 38% retracement of this move would be at $131. Traders might watch for the stock to find support around $131 and consider entering long positions. - In a downtrend scenario, if a stock drops from $150 to $100, the 38% retracement level during a rally would be around $119. Traders might anticipate resistance around $119 and consider shorting opportunities. 7. **Significance:** - The 38% retracement level is significant because it often acts as a key support or resistance level where price reversals may occur. - Traders use this level to make informed decisions regarding entry, exit, and risk management within the context of a larger trend. Understanding the 38% retracement level and its application within Fibonacci retracements can provide traders with valuable insights into potential price movements and opportunities in the financial markets.Shortby B9A-88652-NisarAhmad0
bearish we saw the dxy gaining strength and now price is retracing back to our supply zone in this AUDUSD i believe we will see lower pricesShortby reaganbwire000