AUDUSD bullish pennant Intraday Update: Bullish pennant developing intraday on the AUDUSD ahead of the PPI data today. Pullbacks have been limited to the 50% retracement at .6560 thus far and a break of .6650 would be a bullish breakout. Longby ForexAnalytixPipczar2
AUDUSD Longs @0.6603Buying AUDUSD at 0.6603. Price hit into some demand and looking to take it to the next supply area. Looking for a small increase in price as there is higher tome frame supply above. Longby BarbushCapital4
Interesting Supply AreaPrice grabbed liquidity and create ChoCh then build another liquidity Great area to sell, still waiting for LTF confirmationShortby DennySantoso221
AUD/USD SHORT FROM RESISTANCE Hello,Friends! We are now examining the AUD/USD pair and we can see that the pair is going up locally while also being in a uptrend on the 1W TF. But there is also a powerful signal from the BB upper band being nearby, indicating that the pair is overbought so we can go short from the resistance line above and a target at 0.649 level. ✅LIKE AND COMMENT MY IDEAS✅Shortby EliteTradingSignalsUpdated 117
The AUDUSD trend is unclear.On the daily price chart of the AUDUSD pair, the current price trend has no clear direction. The current price fluctuation is between 0.6400, as the trough, and up to the limit of 0.6650, as the peak. The downward path of currency pair prices, which has started since the beginning of 2021, has been maintained to date and has shown no signs of recovery. The indecision, which is evident through the sideways movement observed in recent months, which takes place in the upper band of the main trend channel, brings signs of differentiation of price behavior from their primary trend so far. We then apply the Fibonacci sequence to the last bearish movement and in particular the Fibonacci Retracement tool to identify critical price levels that can help us understand price development. We observe that the price of the currency pair is unable to break through the 50% upper limit as well as the lower limit of the Fibonacci Retracement base. If price moves between 38.2% and 50%, it is difficult to draw conclusions about the path that can be followed. Two important price levels that have been created are 0.66454 and 0.64502. The upside break of the first level can be considered a first step for further price rise. On the other hand, the breakdown of the second price level can be seen as a continuation of the downward movement that already exists. by Omega-Fx0
AUDUSD - SELL 3rd Time Lucky Increase Lot Size 3 Lots Anticipating the upcoming Purchasing Price Index data to be Higher. Anticipating CPi to be Higher for April as per Consensus Has been trending up since June last year basically not down so Mr Fed don't have a handle on it although down a tick YoY. How does that work we ask ? Shortby NZ_Shareman2
AUD/USDThe AUD/USD currency pair is currently in a favorable buying zone, with the exchange rate sitting at 0.65957. This indicates that it may be a strategic moment for traders to consider purchasing Australian dollars against the US dollar. By setting take-profit levels at 0.66282, 0.66387, and 0.66500, traders can establish clear targets for potential gains. These levels represent price points at which traders can automatically sell their holdings to lock in profits. Additionally, it's essential to set a stop-loss order at 0.65776 to mitigate potential losses. This stop-loss level acts as a safety net, automatically triggering a sell order if the exchange rate moves unfavorably beyond a certain point. By implementing these strategies, traders can manage their risk and maximize their potential returns in the dynamic foreign exchange market.Longby FOREX_trade_01Updated 77163
AUDUSD moving lower - 0.6200 targetTrend: LSMA moving lower for 3+ weeks, pattern of Lower Highs and Lower Lows Momentum: Moved to Neutral as price retraces the selloff Japanese Candles: An imperfect Shooting Star is developing Chart Pattern: Bearish Channel Support and Resistance: 0.6675 is Support, 0.6400 is Resistance. Fundamentals: Aussie Retail Sales on Wednesday Trade: Open Short 3/24/24 @ 0.6511 Stop: 0.6675 Target: 0.6200 Shortby positionforexUpdated 229
Aussie H4 | Heading into multi-swing-high resistanceThe Aussie (AUD/USD) is rising towards a multi-swing-high resistance and could potentially reverse off this level to drop lower. Sell entry is at 0.6638 which is a multi-swing-high resistance. Stop loss is at 0.6678 which is a level that sits a swing-high resistance. Take profit is at 0.6562 which is a pullback support that aligns close to the 50.0% 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.Short02:32by FXCM118
Au Sell 5/12 - 5/19AU will be looking to reach that demand zone that caused the Daily BOS. 4 Hour shows strong support with an 1 hour engulfing inside Looking to take 15 minute set up to the downside before ultimately getting in for a buy Two Possible demand zones Second one at bottom has more confluences than the one above for buys (1 hour Bullish engulfing) = HUGE momentum Looking to see reversal pattern before considering buys.by RackMan0
#AUDUSD BUY 300+ pips tpHello everybody, unfilled orders at 0.6545 and 0.6480 are fresh. If price reach this levels you can buy with 10 or 20 pips SL. TP is atleast 0.6845. happy trading!Longby STORMSolutionsFX2
#Buy AUDUSD 300+ pipsHello guys, You can Buy AUDUSD in any retracement especially in 0.6404 zone. TP is atleast 0.6670. Be safe and I'm sorry for late!Longby STORMSolutionsFXUpdated 3
✅AUD_USD BEARISH SETUP|SHORT🔥 ✅AUD_USD has retested a key resistance level of 0.6647 And as the pair is already making a bearish pullback A move down to retest the demand level below at 0.6586 is likely SHORT🔥 ✅Like and subscribe to never miss a new idea!✅Shortby ProSignalsFx116
AudUsd LongHello friends, please follow capital management and don't forget risk free Longby Trade_TX3
AudUsd LongHello friends, please follow capital management and don't forget risk free Longby Trade_TX1
AUDUSD TO SELL Broke SupportThe support is broken as price is going further down, which is a possibility to sell. The resistance of the candle wicks does give indication as well. Be on the look out for Tuesday news for Wage Price Index to see if it goes further or reverse in price. TP: .6590 or belowShortby JoeJohnsonIV0
AUDUSD: Technical Impact of Core Inflation DataThe release of core inflation rate data in the United States can impact the AUD/USD exchange rate, especially on a weekly timeframe, due to its influence on market sentiment and monetary policy expectations. Firstly, let's break down the core inflation rate. Core inflation measures the change in the price of goods and services, excluding volatile items like food and energy. It's a crucial indicator for central banks, like the Federal Reserve in the U.S., as it provides insight into the underlying inflationary pressures in the economy. When the core inflation rate in the U.S. rises, it typically signals increasing demand for goods and services, which can lead to expectations of tighter monetary policy. Central banks may respond to rising inflation by raising interest rates to cool down the economy and prevent overheating. Higher interest rates make the U.S. dollar more attractive to investors, leading to an increase in its value relative to other currencies like the Australian dollar (AUD). Conversely, if the core inflation rate in the U.S. falls below expectations or remains subdued, it may indicate weak consumer demand or excess capacity in the economy. In such cases, the Federal Reserve might consider maintaining or even lowering interest rates to stimulate economic activity. Lower interest rates can decrease the attractiveness of the U.S. dollar to investors, causing it to weaken against other currencies like the AUD. Now, let's apply this to the AUD/USD exchange rate on a weekly timeframe. When the U.S. core inflation rate exceeds expectations, it could lead to a strengthening of the USD against the AUD. Traders and investors may anticipate tighter monetary policy from the Federal Reserve, leading them to buy USD in anticipation of higher interest rates. This increased demand for USD relative to AUD can cause the AUD/USD exchange rate to depreciate over the weekly observation period. On the other hand, if the U.S. core inflation rate disappoints or falls short of expectations, it could weaken the USD against the AUD on a weekly basis. Traders and investors may interpret this as a sign that the Federal Reserve might maintain or even cut interest rates to support economic growth. Consequently, there could be increased demand for AUD relative to USD, leading to an appreciation of the AUD/USD exchange rate over the weekly timeframe. In addition to the fundamental factors discussed, the impact of the release of U.S. core inflation rate data on the AUD/USD exchange rate can align with technical analysis considerations. Technical analysis involves studying historical price movements and patterns to forecast future price movements. When considering technical factors, if the current price of the AUD/USD pair is approaching a significant resistance level on the weekly timeframe, traders may anticipate a potential reversal or pullback. This resistance level could be identified through various technical tools such as trendlines, chart patterns, or Fibonacci retracement levels. Given this technical setup, there are two possible scenarios to consider: Immediate Pullback: If the AUD/USD exchange rate is nearing a resistance level at the time of the release of U.S. core inflation data, traders may expect a direct pullback in price during the same week. This pullback could occur as traders take profits or adjust their positions in response to the resistance level, coupled with the fundamental influence of the inflation data. Bullish Momentum Followed by Pullback: Alternatively, if the AUD/USD exchange rate has bullish momentum and continues to rise after the release of U.S. core inflation data, it may temporarily break above the current resistance level. Traders might anticipate the pair reaching the next resistance level before experiencing a pullback. This scenario could occur if market participants interpret the inflation data as less hawkish than expected or if other factors, such as risk sentiment or economic indicators, support bullish AUD/USD movement. Shortby DNP-FX226
Audusd sell setup update Price failed to hold on to the sell and was bought out by the strong euro markets on the 4hr timframe and lower. We have a new demand zone and a monday Low. WE ALSO HAVE CPI data release. 👁️📈 Remember the last nfp short the dollar. And given recent supplies on the dollar charts, we would like to trade with the bullish trend on opposing pairs like Pound Stelling, Euro, Aussie, and Kiwi (NZD). Audusd also has an unmitigated Daily supply with an inducement high.🤝 Please tell me what you think of this one. 📈👁️Do we have a bullish or vearish week on Aussie?Longby ZIPHO672
AUDUSD Massive Short! SELL! My dear friends, Please, find my technical outlook for AUDUSD below: The instrument tests an important psychological level 0.6615 Bias - Bearish Technical Indicators: Supper Trend gives a precise Bearish signal, while Pivot Point HL predicts price changes and potential reversals in the market. Target - 0.6573 About Used Indicators: Super-trend indicator is more useful in trending markets where there are clear uptrends and downtrends in price. ——————————— WISH YOU ALL LUCK Shortby AnabelSignals114
SELLOur Purpose is to give daily position, kindly follow below instruction in order to get positive result. ❇️ Use fix lot size for all your position ( we recommend to use 1% of your account for each postion ). ❇️ Do not enter position if its away from entry point. ❇️ Do not close position before target price unless instruction given. ❇️Three maximum trade per day so please enter all position. ❇️ If we get multiple stop loss do not scare and continue following our instruction and enter given positions.Shortby GOLDIUMTRADEHUB5
Order Block This is just a small indication for a trade that has a strong OB as support. It t also shows that the trend is selling and once it reaches the order block, it will give aa good opportunity to go short.Shortby EllenMotaung1
There is a possibility of increasing buyers of Australian dollarExamining the trend in the four-hour time frame, it seems that AUD/USD has formed a bullish head and shoulders pattern, and therefore, provided the price breaks through the resistance range of 0.6616-0.6605, the rate can so that the resistance interval of the middle level increases in the range of 0.6686-0.6673.Longby arongroups224
AUD/USD Long TradeExpecting a continuation of the upside for red and blue wave 5. 🚀 Entry = 0.66042 ☠️ SL = 0.65855 🏆 TP = - 0.66229 - 0.66416 - 0.66603Longby Stoic-Trader116