AUDUSD Reversal on D1AUDUSD has strong selling momentum and reversed in D1, he are looking for zonetozone sells before the hourly floor.Shortby Underlayer0
5/29/24 - AU sellmonitoring closely, might retrace back to pre NY supply took sell after BOS @ PLODShortby victoriaawUpdated 1
AUDUSD LONGPrice Action Day Trading Daily Bias: Bullish POI: Price retrace back into H4 support horizontal level and rejected from that. Price went bullish breaking through bearish trendline and H1 resistance level. H1 TF, price formed a double bottom with a strong horizontal level of the neckline. Setup: H1 Broken neckline set a long trade with SL below double bottom swing low. Targeting next daily swing high with R:R 1:6. Longby royschen071
How to PROTECT your CAPITAL in an active tradeThis video shows how to protect your capital in an active trade by following the rules below: 25% gain move Stop Loss to -50% 50% gain move Stop Loss to cut even 75% gain move Stop Loss to +25% 100% hits your TP.Education10:45by Manny_FX_0
AUDUSD 20 May 2024Analysis Week - 20 May 2024 Daily - Range / Bullish Cloud (D) - Above Cloud Weekly - Range Cloud (W) - Within Cloud Mid Term - Range 20 x 50 D SMA - Above 50 x 200 D SMA - Above Notes: RBA Jan 24 - AUD FAIR VALUE ~ 0.6800 2024 Target _______________________________________________________________________________ Trade Identification Area of Interest Buy: 0.6590-0.6615 TP: 0.6725-50 SL: 0.6540-50 R:R: 1:2-4 _______________________________________________________________________________ Risk Disclaimer All information provided is based on my personal experience and it does not ensure future profits. This is NOT a trade recommendation for you to copy. If you decide to act upon the posted information, the trade decision is taken at your own risks. Any advice given is deemed to be GENERAL advice. This information or advice given does not take into account your full objectives, current financial situation or needs. Therefore, you should consider the appropriateness of the advice before you act further. The trading of stocks, futures, options, spread betting, spread trading and CFD trading and any other leveraged trading activity involves risk. You should not trade with money you can’t afford to lose. Be honest with yourself. Thank You for browsing here. I wish you the best of luck and hope you make a fortune. Just make sure you do it over time and don’t try to make your millions in a week or day. by TY-TradingUpdated 0
AUDUSD Short. 4 confirmations confirmedAUDUSD Short- decided upon four confirmations. These are the four confirmation that are required in order for us to enter the market in this set up The Winning Playbook 1st Confirmation: Retest at one of the designated fib levels. The fib levels need to be measured from the H4, H8 or Daily timeframe 2nd Confirmation: Retest at a zone of Supply and Demand. The Supply and Demand zone needs to be formed from the H4, H8 or Daily timeframe. 3rd Confirmation: Confirmed engulfing pattern in the direction of the trade starting at the H1. 4th Confirmation: Break of support or resistance in the lower timeframes starting with the 3 minute in the direction of the trade.Short16:34by Manny_FX_1
AUDUSD to continue in the trend of higher lows?AUDUSD - 24h expiry The medium term bias remains bullish. The selloff has posted a correction count on the daily chart. Previous resistance level of 0.6650 broken. A lower correction is expected. Setbacks should be limited to yesterday's low. We look to Buy at 0.6625 (stop at 0.6601) Our profit targets will be 0.6685 and 0.6695 Resistance: 0.6680 / 0.6700 / 0.6720 Support: 0.6625 / 0.6600 / 0.6580 Risk Disclaimer The trade ideas beyond this page are for informational purposes only and do not constitute investment advice or a solicitation to trade. This information is provided by Signal Centre, a third-party unaffiliated with OANDA, and is intended for general circulation only. OANDA does not guarantee the accuracy of this information and assumes no responsibilities for the information provided by the third party. The information does not take into account the specific investment objectives, financial situation, or particular needs of any particular person. You should take into account your specific investment objectives, financial situation, and particular needs before making a commitment to trade, including seeking advice from an independent financial adviser regarding the suitability of the investment, under a separate engagement, as you deem fit. You accept that you assume all risks in independently viewing the contents and selecting a chosen strategy. Where the research is distributed in Singapore to a person who is not an Accredited Investor, Expert Investor or an Institutional Investor, Oanda Asia Pacific Pte Ltd (“OAP“) accepts legal responsibility for the contents of the report to such persons only to the extent required by law. Singapore customers should contact OAP at 6579 8289 for matters arising from, or in connection with, the information/research distributed.Longby OANDA4
AUDUSD - Looking To Buy Pullbacks In The Short TermD1 - Downtrend line breakout No opposite signs Expecting short term bullish moves to happen here. H4 - Strong bullish momentum Currently it looks like a pullback is happening. Until the two strong support zones hold my short term view remains bullish here.Longby VladimirRibakov1
Aussie H1 | Rising into resistanceThe Aussie (AUD/USD) is rising towards a pullback resistance and could potentially reverse off this level to drop lower. Sell entry is at 0.6672 which is a pullback resistance. Stop loss is at 0.6995 which is a level that sits above a pullback resistance at 0.6679. Take profit is at 0.6641 which is an overlap support. High Risk Investment Warning Trading Forex/CFDs on margin carries a high level of risk and may not be suitable for all investors. Leverage can work against you. Stratos Markets Limited (www.fxcm.com): CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. 68% of retail investor accounts lose money when trading CFDs with this provider. You should consider whether you understand how CFDs work and whether you can afford to take the high risk of losing your money. Stratos Europe Ltd, previously FXCM EU Ltd (www.fxcm.com): CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. 70% of retail investor accounts lose money when trading CFDs with this provider. You should consider whether you understand how CFDs work and whether you can afford to take the high risk of losing your money. Stratos Trading Pty. Limited (www.fxcm.com): Trading FX/CFDs carries significant risks. FXCM AU (AFSL 309763), please read the Financial Services Guide, Product Disclosure Statement, Target Market Determination and Terms of Business at www.fxcm.com Stratos Global LLC (www.fxcm.com): Losses can exceed deposits. Please be advised that the information presented on TradingView is provided to FXCM (‘Company’, ‘we’) by a third-party provider (‘TFA Global Pte Ltd’). Please be reminded that you are solely responsible for the trading decisions on your account. There is a very high degree of risk involved in trading. Any information and/or content is intended entirely for research, educational and informational purposes only and does not constitute investment or consultation advice or investment strategy. The information is not tailored to the investment needs of any specific person and therefore does not involve a consideration of any of the investment objectives, financial situation or needs of any viewer that may receive it. Kindly also note that past performance is not a reliable indicator of future results. Actual results may differ materially from those anticipated in forward-looking or past performance statements. We assume no liability as to the accuracy or completeness of any of the information and/or content provided herein and the Company cannot be held responsible for any omission, mistake nor for any loss or damage including without limitation to any loss of profit which may arise from reliance on any information supplied by TFA Global Pte Ltd. The speaker(s) is neither an employee, agent nor representative of FXCM and is therefore acting independently. The opinions given are their own, constitute general market commentary, and do not constitute the opinion or advice of FXCM or any form of personal or investment advice. FXCM neither endorses nor guarantees offerings of third-party speakers, nor is FXCM responsible for the content, veracity or opinions of third-party speakers, presenters or participants.Short02:36by FXCM3
aud make channelaudusd make channel did double of bottom and take energy for raise again my idea is audusd change trend and very soon raise alot so please be care at take sell on audLongby MR_G0ld2
Elevated Aussie Inflation Places the Spotlight on AUD/USD ResistOvernight, Aussie inflation accelerated for a second successive month, according to the Monthly Consumer Price Index Indicator, rising +3.6% in the twelve months to April and surpassing the +3.4% median market estimate and the +3.5% print reported in March. This will be unwelcome news at the Reserve Bank of Australia (RBA) and highlights that we will unlikely see a rate cut this year. The Australian Bureau of Statistics (ABS) noted that price increases were seen in housing (+4.9%), food and non-alcoholic beverages (3.8%) and alcohol and tobacco (+6.5%). RBA: ‘Not Ruling Anything Out’ The previous RBA meeting saw the nine-member Board hold the Cash Rate at a 12-year peak of 4.35%; this follows a total of 425bps of tightening from May 2022 until November 2023. The central bank's overarching message at this meeting is that they are still ‘not ruling anything out’. The decision to hold rates unchanged followed Q1 inflation surpassing market estimates as well as the RBA’s forecasts. Looking Ahead The RBA meets next on 18 June, and given the latest inflation data, a rate adjustment from the central bank is very doubtful. In fact, according to the OIS curve, the chance of a rate cut unfolding this year is unlikely, with investors now pricing in a possible rate hike in September (around a 30% probability is priced in as of writing). This consequently triggered a short-term spike in the AUD versus its US counterpart to a high of $0.6666 before swiftly reclaiming pre-announcement levels. Regarding where the AUD/USD stands, longer-term market action reveals buyers and sellers have been squaring off between two converging lines on the monthly chart, establishing what many technical analysts will view as a potential bearish pennant pattern drawn from $0.7158 and $0.6170. You will note that price is also challenging the upper boundary of the pennant formation, indicating possible resistance ahead. As a note, it is worth bearing in mind that although pennant patterns are considered continuation formations, they have been known to signal trend reversals upon failure of the pattern. Another technical observation worth taking on board, of course, is that the Relative Strength Index (RSI) on the monthly chart has been exploring terrain south of the 50.00 centreline since early 2022, demonstrating negative momentum. Shortby FPMarkets2
AUDUSD: 1000+ PIPS Swing Buying Opportunity Approaching! FX:AUDUSD A swing buy opportunity on AUDUSD is approaching, after looking at how price has moved in recent time. Giving us enough confidence to swing buy at the right area as we have marked on the chart. Please use accurate risk management to have upmost success in the market. **Please like, comment and follow which will encourage us to bring more educational ideas for you**Longby Setupsfx_171744
AUDUSD InsightHello, dear subscribers. Please share your personal opinions in the comments. Don't forget to like and subscribe. While Neel Kashkari, President of the Minneapolis Fed, stated that he does not rule out the possibility of a rate hike, most high-ranking Fed officials are maintaining a hawkish stance. The outlook for a rate cut in September is significantly receding, which in turn provides a basis for a strong dollar. Starting with the PCE price index this week, the dollar is expected to show strong movements again, and the ECB's monetary policy meeting is also worth noting. - On May 30, the U.S. first-quarter GDP (QoQ) will be announced. - On May 31, the U.S. April personal consumption expenditures price index and the Eurozone May consumer price index will be announced. - On June 5, Australia's first-quarter GDP (QoQ) will be announced. - On June 6, the ECB interest rate decision will be announced. AUD/USD is currently ranging between 0.67000 and 0.66000. While it is moving sideways due to the lack of significant market-moving factors, it is expected to determine a direction soon. The current chart shows a bearish bias. A full-scale decline is anticipated from the point when it breaks below the 0.66000 line, and it is expected to continue a short-term decline to the 0.63000 line before rebounding and attempting to break through the resistance in the 0.65000-0.65500 range again. If, contrary to expectations, it breaks through the high point and shows an upward trend, we will quickly adjust our strategy.Shortby shawntime_academy1
possibility of uptrend It is expected that the price will change the trend at the specified support levels and we will see the beginning of the upward trend. By passing the level of 61.8%, it will be possible to continue the downward trend until the support rangeLongby STPFOREX3
audusdAUDUSD has just respected the fair value gap below it and has closed above it 2 times, now we are waiting for a distribution to the upside to take out the failed highs. Longby BigBenCapitals1
AUDUSD Short ideaA new channel is formed, lack of momentum to the upside. Fundamentals show a movement towards downside. Good luck!Shortby Sarka1225
AUDUSD: The AUD is also having downward adjustmentsAUDUSD: The AUD is also having downward adjustments in the context of the USD index recovering. Therefore, in today's session, it is expected that AUD will still maintain short-term correction momentum to retest around the 0.6600 area. It is recommended to briefly sell AUD and then monitor the price reaction when AUDUSD tests 0.6600.by Chart_MasterPro2
ECONOMIC ANALYSIS LONG NOWFundamental Economic State Australia: GDP Growth: Latest data shows Australia’s GDP grew by 0.5% QoQ in Q1 2024, indicating a moderate expansion. Annual growth rate stands at 2.1%, reflecting steady economic performance. Implications: A stable GDP growth supports a stronger AUD, as it indicates economic resilience. Employment Data: Unemployment rate: 3.9% as of April 2024. Employment change: +30,000 jobs in April 2024. Implications: Strong employment figures bolster consumer spending and economic confidence, positively impacting AUD. Inflation Rate: CPI YoY: 4.2% in Q1 2024. Core inflation remains elevated at 3.8%. Implications: Higher inflation may prompt the RBA to consider tightening monetary policy, supporting the AUD. Retail Sales: Retail sales rose by 1.2% MoM in April 2024. Implications: Increased consumer spending signals economic health, strengthening AUD. Trade Balance: Trade surplus of AUD 12.5 billion in April 2024. Implications: A strong trade surplus supports AUD due to higher demand for Australian exports. Consumer Confidence: Consumer confidence index: 103.5 in May 2024. Implications: Positive consumer sentiment encourages spending and investment, favorable for AUD. United States: GDP Growth: US GDP grew by 1.4% QoQ in Q1 2024. Annual growth rate at 2.5%. Implications: Strong GDP growth supports USD as it reflects economic strength. Employment Data: Unemployment rate: 3.6% as of April 2024. Non-farm payrolls: +250,000 jobs in April 2024. Implications: Robust employment data reinforces USD strength due to higher economic activity. Inflation Rate: CPI YoY: 4.5% in April 2024. Core inflation at 4.0%. Implications: Persistent inflation may lead the Fed to continue its tightening cycle, supporting USD. Retail Sales: Retail sales increased by 1.3% MoM in April 2024. Implications: Higher retail sales reflect strong consumer demand, positive for USD. Trade Balance: Trade deficit of USD 70 billion in April 2024. Implications: A trade deficit can weaken USD due to higher imports than exports. Consumer Confidence: Consumer confidence index: 110.0 in May 2024. Implications: High consumer confidence supports economic growth, favorable for USD. Fiscal Policies: Australia: The Australian government has introduced fiscal measures aimed at boosting infrastructure spending and providing tax relief. Implications: Expansionary fiscal policy can stimulate economic growth, supporting AUD. United States: The US government continues with its infrastructure plan and has proposed additional fiscal stimulus. Implications: Increased government spending can boost economic growth, supporting USD. Daily Percentage Changes Past Month Analysis: April 28 - May 27, 2024: Daily percentage changes ranged between -0.5% and +0.6%. Significant movements correlated with key economic data releases and geopolitical events. Example: On May 5, AUD/USD rose by 0.6% following positive Australian retail sales data. Example: On May 12, AUD/USD fell by 0.5% due to a stronger-than-expected US non-farm payrolls report. News Analysis Recent Events Impacting AUD/USD: RBA Monetary Policy Meeting: The RBA decided to maintain the cash rate at 3.85% on May 6, 2024. Impact: Market reaction was muted as the decision was in line with expectations, keeping AUD/USD stable. Federal Reserve Meeting: The Fed raised interest rates by 25 basis points to 5.25% on May 3, 2024. Impact: USD strengthened on the back of the rate hike, leading to a decline in AUD/USD. Geopolitical Developments: Ongoing trade tensions between the US and China have impacted market sentiment. Impact: AUD, being a proxy for global risk appetite, weakened against USD during heightened tensions. Interest Rate Expectations Reserve Bank of Australia (RBA): Current cash rate: 3.85%. Market expects a potential rate hike in Q3 2024 if inflation remains elevated. Historical trend: The RBA has been cautious in its approach, focusing on economic stability. Federal Reserve: Current federal funds rate: 5.25%. Market anticipates further rate hikes if inflation does not ease. Historical trend: The Fed has been aggressive in combating inflation, with multiple rate hikes in the past year. Commodity Prices and Market Sentiment Commodity Influence: Iron Ore: Price: USD 120 per ton. Australia’s major export, influencing AUD strength. Coal: Price: USD 95 per ton. Strong demand from Asia supports AUD. Gold: Price: USD 1,950 per ounce. Safe-haven asset; higher prices can support AUD. Market Sentiment: Current sentiment is mixed, with concerns over global economic slowdown impacting risk assets. Implications: Risk aversion can lead to USD strength due to its safe-haven status, pressuring AUD. Projection Figures Current Price Consideration: Current AUD/USD Price: 0.6700 (as of May 27, 2024). Short-Term Projection (1-3 months): Projection: 0.6800. Rationale: Expected rate hike by the RBA and stable economic data support a slight appreciation. Long-Term Projection (6-12 months): Projection: 0.7000. Rationale: Improved trade balance and robust economic growth in Australia coupled with potential Fed rate stabilization. Trade Ideas Short-Term Trade Idea: Position: LONG AUD/USD. Entry: 0.6700. Target: 0.6800. Rationale: Anticipation of positive economic data and RBA rate hike. Long-Term Trade Idea: Position: LONG AUD/USD. Entry: 0.6700. Target: 0.7000. Rationale: Stronger economic fundamentals in Australia and potential stabilization of US interest rates. Additional Considerations Global Macroeconomic Trends: Trade wars, pandemics, and geopolitical shifts remain significant factors. Seasonal trends and historical patterns suggest AUD tends to perform well during periods of global economic recovery. Summary: Based on the comprehensive analysis, the projection for the AUD/USD exchange rate is as follows: Short-Term Projection: 0.6800. Long-Term Projection: 0.7000. These projections are based on current economic data, interest rate expectations, commodity price trends, and market sentiment. Specific trade ideas provided offer clear entry and target rates, supporting informed decision-making. Longby Georgetass21
Could AUD/USD drop from here?Price is rising towards the pivot and could potentially drop to the 1st support which has been identified as a pullback. Pivot: 0.6654 1st Support: 0.6593 1st Resistance: 0.6712 Risk Warning: Trading Forex and CFDs carries a high level of risk to your capital and you should only trade with money you can afford to lose. Trading Forex and CFDs may not be suitable for all investors, so please ensure that you fully understand the risks involved and seek independent advice if necessary. Disclaimer: The above opinions given constitute general market commentary, and do not constitute the opinion or advice of IC Markets or any form of personal or investment advice. Any opinions, news, research, analyses, prices, other information, or links to third-party sites contained on this website are provided on an "as-is" basis, are intended only to be informative, is not an advice nor a recommendation, nor research, or a record of our trading prices, or an offer of, or solicitation for a transaction in any financial instrument and thus should not be treated as such. The information provided does not involve any specific investment objectives, financial situation and needs of any specific person who may receive it. Please be aware, that past performance is not a reliable indicator of future performance and/or results. Past Performance or Forward-looking scenarios based upon the reasonable beliefs of the third-party provider are not a guarantee of future performance. Actual results may differ materially from those anticipated in forward-looking or past performance statements. IC Markets makes no representation or warranty and assumes no liability as to the accuracy or completeness of the information provided, nor any loss arising from any investment based on a recommendation, forecast or any information supplied by any third-party.Shortby ICmarkets10
AUDUSD - BUY SignalHello, buy signal for AUDUSD here. Make sure you enjoy this trade and I hope it goes in your favour.Longby ATRFinder117
Time to short AUDUSDAUDUSD chart is printing bearish trend with bearish divergence and the 3 dark crows EP: 0.66484 SL: 0.66805 TP1: 0.65914 TP2: 0.65344Shortby abdulmoeedsiddiqui5
AudusdI hit sl cause I entered too early but we were on a good profit but didn't close so we hv 7 trade 1 sl for last week and this week though de week is not over I entered more buy too on xauusd Longby Greatvic001331
AUDUSD ShortAUDUSD Sell Bias HTF chart is down after liquidity was taken and the test of the HTF supply zone. On M15 chart market shift to down side was created. Lastly on M5 chart FVG/IMB was also created. Waiting for inducement/liquidity sweep above the last swing point for proper risk Management.Shortby Murthehelp_fx4