Market Structure Bearish on HTF Weekly and Daily at same AOI Strong Weekly rejection at AOI Weekly break and retest of broken support Previous Daily Structure Point Daily EMA retest Daily Rejection at AOI Around psychological level 0.65000 H4 Rejection at AOI
My Analysis on AUDUSD AND ALSO TRADE IDEA'S FOR NEXT WEEK. On the weekly timeframe AUDUSD has been bearish for some time now, on trade ideas I've got my weekly trendline(black) zones and my S/R zones. Remember the only reason I'm drawing support zones is for it to act as resistance which is break and restest only selling opportunities that's what we're looking...
AUD/USD Is Forming A Clear Bearish SK Sequence .,,,. Waiting For Confirmation To Enter At The Yellow Circle ... Good Luck Folks
The Australian to US dollar (AUD/USD) pairing, informally known as the 'Aussie', is a popular forex pair and represents around five percent of the entire fx market by volume. Day traders can often witness high levels of both volume and volatility due to the interest rate disparity of both currencies.
Update for AUDUSD: after a correctional bullish movement, I see the signs of strength of the sellers on an hourly time frame: the price formed a descending triangle formation and broke its neckline. I expect a bearish movement to 0.6417 / 0.6405 ❤️Please, support my work with like, thank you!❤️
Nachdem der AUDUSD am Freitag eine wichtige Demand-Zone auf dem Tageschart erreicht hat und bereits ein starke Intraday-Reaktion gezeigt hat, gehen wir davon aus, dass wir in der kommenden Woche ein Reversal bestätigen können. Erstes Potenzial für eine Gegenbewegung sehen wir im Bereich der Supply-Zonen bei 0.6500 und 0.6600.
AUD/USD rises today as inflation data from Australia came in higher than anticipated. March CPI accelerated for the first the first time in months (+3.5% y/y), Q1 rose 1% q/q (from +0.6% prior) and on a yearly basis it came in at 3.6%, which was above forecast. The Reserve Bank of Australia has refrained from raising rates for the past three meetings and has...
AUD/USD Ahead of RBA CPI data and US GDP data AUDUSD this week will face inflation data from Australia and GDP data from the US. What should we expect? 📺You may watch the video for further details📺 Thank you and Good Luck! ❤️PS: Please support with a like or comment if you find this analysis useful for your trading day❤️
The Aussie (AUD/USD) is rising towards an overlap resistance and could potentially reverse off this level to drop lower. Sell entry is at 0.6486 which is an overlap resistance that sits above the 38.2% Fibonacci retracement level. Stop loss is at 0.6563 which is a level that sits above the 61.8% Fibonacci retracement and an overlap resistance. Take profit is at...
AUD/USD Rises Sharply on Inflation News The Consumer Price Index for Australia was released this morning. According to ForexFactory: → CPI in quarterly terms: actual = 1.0%, expected = 0.8%, previous value = 0.6%; → CPI in annual terms: actual = 3.5%, expected = 3.4%, previous value = 3.4%. Rising inflation figures suggest that the Reserve Bank of Australia's...
Preferred direction: BUY Comment: Tuesday has started more positively for the majors, especially for the euro and pound , which we talked about yesterday (these trading ideas can be viewed). The Australian dollar, like the above currencies, is on the buy list. Here, we continue to keep previous long positions with a target at the level of 0.65010 . Within...
We are expecting the AUDUSD to move higher which means US Fed cuts or RBA jacks up rates due to necessity to reduce the impact of inflation. A weaker AUD means the cost of imports rises because 90% of goods are imported and not made locally. As you can see there is an unofficial band which this pair trades in most of the time. 62 - 82 cents is this unofficial...
Hello traders! ‼️ This is my perspective on AUDUSD. Technical analysis: As we can see here price broke the structure and started to form higher highs and higher lows, so now I look for long position. I expect price could continue the retracement to fill the imbalance lower and then to reject from bullish order block. Like, comment and subscribe to be in touch...
Massive inverted HS building up to break out the triangle. Aussie is correlated to Gold, and the US Dollar will suffer from the monetary policies of the FED. This trade is not for everyone. If you are a day trader probably it will be frustrating for you. It could take months to play out. Open a long position and add at every pull back. We will have a fight at the...
Market Analysis: AUD/USD Turn Red AUD/USD declined below the 0.6500 and 0.6455 support levels. Important Takeaways for AUD/USD Analysis Today The Aussie Dollar started a fresh decline from well above the 0.6500 level against the US Dollar. There is a connecting bearish trend line forming with resistance at 0.6410 on the hourly chart of AUD/USD at FXOpen. ...
AUSTRALIAN DOLLAR Q2 FUNDAMENTAL OUTLOOK The Australian Dollar has been weak against the US Dollar in recent years, including 2024. However, there may be some positive news for Australian currency bulls, mainly due to weakness in the US Dollar rather than strong economic performance in Australia. Rising US interest rates and the safe-haven status of the Greenback...
Hey Traders, in today's trading session we are monitoring AUDUSD for a selling opportunity around 0.66000 zone, AUDUSD is trading in a downtrend and currently is in a correction phase in which it is approaching the trend at 0.66000 support and resistance area. Trade safe, Joe.
Hello traders! ‼️ This is my perspective on AUDUSD. Technical analysis: Here we are in a bearish market structure from 4H timeframe perspective, so I look for a short. I expect price to continue the retracement to fill the imbalance higher and then to reject from FIBO 0.618 level. Fundamental news: This week on Friday will be released Unemployment Rate on AUD,...