AUD USD BUYIt's still early, but it looks like a good setup is cooking. I will wait and see the price action over the yellow pivot line (monthly) Longby ShlomoYahbes115
AUD/USDThe Bullish Butterfly pattern is another harmonic pattern used in technical analysis. It's similar to the AB=CD pattern but with some distinct characteristics. Here's how it forms: 1. **X to A**: The pattern starts with a significant price move (leg XA), usually in the direction of the prevailing trend. 2. **A to B**: This is followed by a retracement (leg AB), which usually retraces a significant portion of the XA leg. This retracement typically ends at or near the 0.618 Fibonacci retracement level of the XA leg. 3. **B to C**: After the AB retracement, the price starts to rally again (leg BC). This leg often extends past the starting point of the AB leg and sometimes even surpasses the XA leg's high. 4. **C to D**: Finally, the price undergoes another correction (leg CD), which retraces a portion of the BC leg. This CD leg typically ends near the 1.618 Fibonacci extension of the AB leg. The completion point of the Bullish Butterfly pattern occurs at the convergence of Fibonacci extension and retracement levels, typically around point D. Traders often anticipate a bullish reversal or a significant bounce from this level. As with any trading pattern, it's crucial to confirm the Bullish Butterfly with other technical indicators or analysis methods before making trading decisions. Additionally, risk management strategies should always be employed to mitigate potential losses.Shortby B9A-88652-NisarAhmad3
AUDUSD harmonic bullish reversalAUDUSD harmonic bullish reversal on 1H time frame making bullishby awaisriaz3330
AUD H 4 LONG AUD USD refusing 0.63 area in a sharp fashion and now after testing 0.66 it refuses to go short. Breaking out of 0.66 this time could create a rally towards the next roof. With DXY outlook completely changing after QT announcement and Grim labor market expected. if Labor market data keeps showing red and FEDS are left with no choice but rate CUT (S) . this could boost AUD USD very hard with the help of GOLD price hiking benefiting AUD economy. Best would be to have SL below 0.655 area to avoid market noise. Longby THE-real-DealUpdated 2
Idea from May 9: AUDUSD→ Alligator SECRET strategy signalHello traders, My focus today is on the AUDUSD currency pair. There is a very good opportunity to enter a trade today on my Alligator SECRET strategy. After the downward movement of the currency pair on H4, the price held below the Alligator where it finds resistance for the moment. The signal fulfills all conditions and entry requirements of my strategy and I expect in the coming hours a drop in the price to levels 0.618(0.6530) and 1.00(0.6490) of the Fibonacci Extention. Entry levels for a sell trade = 0.6575 - 0.6585. You can set your SL at the resistance zone 0.6630Shortby ESOchampion2
DeGRAM | AUDUSD channel boundary pullbackAUDUSD is moving in an ascending channel between the trend lines. After reaching the dynamic resistance three times, the chart went for a pullback. We think that the price will continue to strive for the lower boundary of the channel. ------------------- Share your opinion in the comments and support the idea with like. Thanks for your support!Shortby DeGRAMUpdated 5516
AUDUSD short movePrice is currently heading to our resistance level and hope for bearish reaction to see downward move in price.Shortby OCBE-FX3
Medium term forecast for the AUDUSD pair with technical analysisAUDUSD after last week's economic events, accumulated and is close to a price distribution process, with notable volume maintained the trend of the asset remaining above the EMA 200 after the opening of the London session again came to test with notable volume resistance, but returned the trend, if the asset moves very slowly give priority to TP1. The asset remained accumulated in the POC with high volume movements against the trend, but always maintained, with a second calm the intention is a slightly slower price distribution! SL: 0.65700 TP1: 0.65990 TP2: 0.66050Longby Samuel_PVSRAUpdated 4
AUDUSD SHORTWe can clearly see an continuation pattern in daily basis where we can observe that there will be a sharp movement in one direction and cooling off will be taken in opposite to the share movement ranging the liquidity form 0.5-0.614 fib zones. For example 1st wave there will be sharp 100 pip move and pull back of 35-50 pips 2nd wave Again we can see 70-80 pip move continuation move and pull back of 20-30 pips and continues till the liquidity points and then changes its character with inducement ,break of structure and liquidity.Shortby maneesh_sudhamUpdated 8
AUDUSD Exposed to Pivotal Support in the RBA AftermathThe Reserve Bank of Australia raised its 2024 inflation forecast on Tuesday and appeared more concerned around achieving its 2-3% target. Despite considering the case for a hike, policymakers decided to hold rates at 4.35% for fourth straight meeting. The Aussie reacted lower, as markets likely expected a more hawkish language from the RBA, given the upgraded CPI projections. At the same time, inflation persistence in the US has turned the Fed cautious towards lowering rates, pedaling the higher-for-longer narrative. Markets have pushed back the timing of such moves to beyond summer and price in just 25-50 bps worth of cuts this year. AUDUSD is now exposed to the critical confluence of supports, provided by the EMA200 and the 38.2% Fibonacci of the April low/May high advance. Daily closes below it would shift immediate bias to the downside and open the door to further losses towards 0.6464. However, the policy differential is unlikely to fuel sustained weakness and if anything, it could become supportive. The Fed is still projected to cut this year, whereas markets have priced out such moves by the RBA for around a year more and Governor Bullock did not rule out hikes. Above the EMA200 and the 38.2% Fibonacci, bulls are in control with the ability to set higher highs. 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 (trading as “FXCM” or “FXCM EU”), previously FXCM EU Ltd (www.fxcm.com): CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. 73% 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. Any opinions, news, research, analyses, prices, other information, or links to third-party sites contained on this video are provided on an "as-is" basis, as general market commentary and do not constitute investment advice. The market commentary has not been prepared in accordance with legal requirements designed to promote the independence of investment research, and it is therefore not subject to any prohibition on dealing ahead of dissemination. Although this commentary is not produced by an independent source, FXCM takes all sufficient steps to eliminate or prevent any conflicts of interests arising out of the production and dissemination of this communication. The employees of FXCM commit to acting in the clients' best interests and represent their views without misleading, deceiving, or otherwise impairing the clients' ability to make informed investment decisions. For more information about the FXCM's internal organizational and administrative arrangements for the prevention of conflicts, please refer to the Firms' Managing Conflicts Policy. Please ensure that you read and understand our Full Disclaimer and Liability provision concerning the foregoing Information, which can be accessed via FXCM`s website: Stratos Markets Limited clients please see: www.fxcm.com Stratos Europe Ltd clients please see: www.fxcm.com Stratos Trading Pty. Limited clients please see: www.fxcm.com Stratos Global LLC clients please see: www.fxcm.com Past Performance is not an indicator of future results. Longby FXCM0
AUDUSD InsightHello to all our subscribers. Please share your personal opinions in the comments. We kindly ask for your boost and subscription. While the Reserve Bank of Australia (RBA) maintained its interest rates during the Monetary Policy Meeting on the 7th, the Swedish Central Bank's rate cut boosted the price of the dollar index. Meanwhile, the Bank of England's interest rate decision is scheduled for today, and next week, various US inflation indicators are scheduled, making it very difficult to determine the direction. Additionally, Bank of Japan Governor Kuroda hinted at a policy adjustment, so it's necessary to assess how these issues will unfold. The Bank of England interest rate decision is scheduled for May 9th. On May 14th, Germany's April Consumer Price Index (CPI), US April Producer Price Index (PPI), and a speech by Fed Chair Powell are scheduled. On May 15th, the US April Consumer Price Index (CPI) will be released. On May 17th, the Eurozone's April Consumer Price Index (CPI) will be released. While AUDUSD has shown some upward movement once, it is currently being pushed down again without breaking through the resistance line at 0.66500. Although a short-term rise was expected to continue to the upper resistance, it is currently experiencing resistance from the previous high and is expected to experience downward pressure to the lower trendline with this decline. In summary, a short-term decline to the 0.63500 line is expected with resistance at the 0.66500 line, followed by a mid-term rise back to the 0.66500 line.Shortby shawntime_academy0
AUDUSD New Impulse ComingTraders right now I watch very closely AUDUSD for potential reversal with new impulse. Now we are in correction and it's look like one more drop coming to 0.65365 This level is also 61.8% on Daily timeframe which is very strong support level. We also have 1H buy zone on that level so it's very, very possible to see drop - liquidity grab and nice bullish formation for buy from Fib and zone. Good luck to allLongby toptradingclub0
Potential bearish drop?The Aussie (AUD/USD) is reacting off the pivot and could potential fall to the 1st support. Pivot: 0.65803 1st Support: 0.65279 1st Resistance: 0.66392 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 ICmarkets5
AUDUSD: USD increases; The market waits for statements from the The greenback edged better on Wednesday, bucking current weak point as numerous Fed officers organized to speak. At 04:20 ET (08:20 GMT), the Dollar Index, which tracks the dollar towards a basket of six different currencies, traded 0.2% better at 105,500, off its lowest withinside the nearly a month remaining week. The greenback obtained a small increase overdue Tuesday after Minneapolis Fed boss Neel Kashkari stated chronic inflation and a robust economic system may want to convince the United States important financial institution to depart hobby costs unchanged. for the the rest of this year. US hobby charge moves hold to draw marketplace interest and with out pinnacle US monetary facts this week, policymakers` evaluations come to be even extra important. Fed Chairman Jay Powell basically dominated out in addition tightening remaining week, however lots of uncertainty stays approximately whilst a flow decrease will occur. Investors haven't any scarcity of Fed officers to look ahead to Wednesday, with Vice Chairman Philip Jefferson, Governor Lisa Cook and Boston Fed President Susan Collins ready to speak.Shortby Chart_MasterPro6
AUDUSD SHORT ICT2ND ENTRY SET UP. Price taking out buyside liquidity and formed a lower low & high. Price rejection from H4 OB and formed a MSS towards downside. Price then headed lower and break of structure towards downsize. This has confirmed that price is very bearish. Short trade placed at H1 bearish OB of the new swing still targeting H4 Swing low. with a R:R 1 :10. Manage trade through outShortby royschen072
Bearish AB=CD Harmonic Reversal Pattern observed in AUDUSD pairBearish AB=CD Harmonic Reversal Pattern observed in AUDUSD pair. The current bullish trend can be used to take long position whereas there is a Potential Reversal Zone (PRZ) near point D. PRZ can be used to take short position.Longby wakqas120
Aussie H4 | Potential bearish breakoutThe Aussie (AUD/USD) has broken below a key pivot (Sell Entry) and the bearish momentum could force it lower. Sell entry is at market (0.6568). Stop loss is at 0.6600 which is a pullback resistance. Take profit is at 0.6538 which is a pullback support that aligns close to the 61.8% Fibonacci retracement level. 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.Shortby FXCMUpdated 113
AUDUSD Going Down...AUDUSD is at a major resistance zone. The US dollar index sees further rallies. Wait for a retracement below previous lower highs before placing your trades.Shortby TheForexMessiah3
AUDUSD Short Trade in down swing of long-term consolidationAUDUSD Short Trade in down swing of long-term consolidation 1. Price Rejected longterm resistance level multiple times 2. Nice bearish candles may continue in down swing 3. Broken bottom of double top on H4 timeframe 4. 2% Risk, 1:1 R:R 5. Target in Daily ATR 6. Target before strong support 7. Stop Loss above high of daily candle + Buffor 8. No important news tomorrow 9. Currency Strenght Meter confirmationShortby Marteyfx1
AU D Sell Idea 3/10/24The Daily (D) time frame has made an inverted hammer off the top of the Weekly (W) consolidation zone. On top of that price is wicking off the .786 FIB levels from a minor W FIB from 1/14/24. Looking for price to push back down to a minimum the mid point of the W consolidation zone that started 1/29/24.Shortby cecediditUpdated 8
order aud usd*The content on this analysis is subject to change at any time without notice, and is provided for the sole purpose of assisting traders to make independent investment decisions.Shortby iminigham11Updated 4
AUDUSD BUYThe pair maintains a position marginally higher than both the 50-period moving average and the Woodie pivot point. This indicates a slight upward trend or stability in its current positioning within the market. Observing this alignment can offer insights into potential support levels and trends, guiding traders and analysts in their assessments of the pair's movement and possible future directions.Longby investstationgroup11
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 2