AUS200 trade ideas
Technical Analysis Report for the AUS200 (ASX 200)# AUS200 Technical Analysis: Comprehensive Multi-Timeframe Trading Strategy
Executive Summary
Current Price: 8943.0 (August 30, 2025, 12:54 PM UTC+4)
Market Sentiment: Cautiously Bullish with September Seasonality Concerns
Primary Trend: Uptrend with potential consolidation phase
The AUS200 (ASX 200) continues to demonstrate resilience near record highs, with the index climbing 2.48% over the past month and up 10.89% year-over-year. However, technical analysis suggests we're entering the "September Swoon" period, historically the worst performing month for equities.
Market Context & Fundamentals
Economic Backdrop
The Australian market operates within a supportive monetary environment with the RBA recently cutting the cash rate by 25 basis points to 3.60%. After years of steep hikes, the central bank began lowering rates in 2025, with three cuts implemented so far. This accommodative policy stance provides underlying support for equity valuations.
Key Fundamental Drivers
Monetary Policy: Inflation within the 2-3% target range with unemployment remaining low despite slight increases
Economic Outlook: Moderate growth expectations with global uncertainty remaining elevated
Sectoral Rotation: Energy and resources maintaining relative strength
Technical Analysis Framework
Japanese Candlestick Analysis
Weekly Pattern: Doji formation suggesting indecision at current levels
Daily Pattern: Small-bodied candles with extended upper shadows indicate selling pressure at highs
Intraday Patterns: Hammer and shooting star formations prevalent in 1H and 4H timeframes
Elliott Wave Analysis
Primary Count: Wave 5 of larger degree impulse potentially nearing completion
Alternative Count: Extended Wave 3 with further upside potential to 9200-9300
Critical Levels: Wave 4 low at 8750 provides key support structure
Harmonic Patterns
Active Pattern: Potential AB=CD pattern completion near 8950-9000 zone
Fibonacci Confluence: 61.8% retracement of major swing aligns with current resistance
PRZ (Potential Reversal Zone): 8920-8980 represents high-probability turning point
Wyckoff Analysis
Phase Assessment: Late accumulation/early markup phase
Volume Analysis: Decreasing volume on recent advances suggests distribution characteristics
Composite Operator: Large player activity evident in 8900-9000 range
W.D. Gann Analysis
# Time Theory Application
Critical Time Windows:
- September 3-6: High volatility period based on seasonal Gann squares
- September 23: Autumn equinox - significant time cycle
- October 7-14: 90-degree time cycle from previous major low
# Square of 9 Analysis
Current Position: 8943 sits at 299.05° on the wheel
Next Resistance: 9025 (300°) and 9216 (304°)
Support Levels: 8836 (297°) and 8649 (294°)
# Price and Time Squaring
Square of Current Price: √8943 = 94.57
Next square: 95² = 9025 (key resistance)
Previous square: 94² = 8836 (support level)
Ichimoku Kinko Hyo Analysis
Tenkan-sen (9): 8932 (neutral to slightly bullish)
Kijun-sen (26): 8895 (bullish above this level)
Senkou Span A: 8913 (current cloud top)
Senkou Span B: 8847 (cloud bottom support)
Assessment: Price above cloud with bullish bias, but approaching cloud resistance
Multi-Timeframe Technical Indicators
5-Minute Chart (Scalping Focus)
RSI(14): 58.2 - Neutral with slight bullish bias
VWAP: 8938 - Price trading above, confirming intraday strength
Bollinger Bands: Upper band at 8965, suggesting potential resistance
Moving Averages: EMA(20) > EMA(50) maintaining bullish structure
15-Minute Chart (Scalping Focus)
MACD: Bullish crossover pending, histogram improving
Stochastic: 62.8 in neutral zone with upward momentum
Volume Profile: High volume node at 8920-8930 zone
1-Hour Chart (Day Trading)
RSI(14): 61.5 approaching overbought threshold
VWAP: 8925 providing dynamic support
ADX: 28.4 indicating moderate trend strength
Support: 8910, 8885, 8850
Resistance: 8955, 8975, 9000
4-Hour Chart (Swing Trading)
RSI(14): 65.8 in overbought territory
MACD: Positive but showing divergence
Bollinger Bands: Price at upper band, expansion phase
Key Levels: Support at 8870, Resistance at 8980-9000
Daily Chart (Position Trading)
RSI(14): 68.2 overbought but not extreme
Moving Averages: All major MAs aligned bullishly
Volume: Below-average, concerning for sustainability
Pattern: Rising wedge formation suggesting potential correction
Weekly Chart (Long-term View)
RSI(14): 72.1 significantly overbought
MACD: Positive but momentum slowing
Trend: Strong uptrend since October 2024 low
Resistance: 9000-9100 zone represents major overhead supply
Support and Resistance Analysis
Primary Support Levels
1. 8910-8920: Immediate support zone with volume confluence
2. 8870-8885: Previous resistance turned support, multiple touches
3. 8840-8850: 20-day EMA and psychological level
4. 8800-8815: 50-day EMA and structural support
5. 8750-8765: Key weekly support and Elliott Wave 4 low
Primary Resistance Levels
1. 8955-8965: Immediate resistance with Gann and Fibonacci confluence
2. 8980-9000: Major psychological level and distribution zone
3. 9025-9040: Square of 9 resistance and measured move target
4. 9080-9100: Long-term resistance zone and potential wave completion
5. 9200-9250: Extended target based on harmonic pattern completion
Weekly Trading Strategy (September 2-6, 2025)
Monday, September 2, 2025
Market Outlook: Post-weekend gap potential, focus on 8920-8950 range
Strategy: Range trading with breakout preparation
Intraday Levels:
Long Entry: 8920-8925 with stop at 8905
Target 1: 8945
Target 2: 8960
Short Entry: 8965-8970 with stop at 8980
Target 1: 8940
Target 2: 8920
Swing Setup: Monitor for breakout above 8970 for continuation to 9000
Tuesday, September 3, 2025
Market Outlook: Gann time cycle activation, increased volatility expected
Strategy: Trend following with tight risk management
Intraday Levels:
Long Entry: 8930-8935 (if holding above 8920)
Target 1: 8955
Target 2: 8975
Short Entry: 8975-8985 with stop at 9000
Target 1: 8950
Target 2: 8925
Key Events: Watch for reversal patterns near 8980-9000 zone
Wednesday, September 4, 2025
Market Outlook: Mid-week consolidation expected, range-bound trading
Strategy: Scalping opportunities within established range
Intraday Levels:
Range Bottom: 8920-8930
Range Top: 8970-8980
Breakout Levels: Above 8985 (bullish) / Below 8915 (bearish)
Scalp Long: 8925-8930, Target: 8950-8955
Scalp Short: 8970-8975, Target: 8940-8945
Thursday, September 5, 2025
Market Outlook: Potential breakout day, monitor volume for confirmation
Strategy: Breakout trading with momentum confirmation
Breakout Scenarios:
Bullish Breakout: Above 8985 targets 9015-9025
Bearish Breakdown: Below 8915 targets 8885-8870
Volume Requirement: 1.5x average for valid breakout
Intraday Management:
Stop Loss: 15-20 points for scalps, 30-35 points for swings
Position Sizing: Reduce size by 25% given increased volatility
Friday, September 6, 2025
Market Outlook: Weekly close positioning, potential profit-taking
Strategy: End-of-week profit-taking and position adjustments
Weekly Close Targets:
Bullish Scenario: Close above 8960 sets up next week rally
Neutral Scenario: Close 8920-8960 maintains range
Bearish Scenario: Close below 8920 suggests correction beginning
Day Trading Focus:
Morning: Trend continuation from Thursday
Afternoon: Range trading and profit-taking
Risk Management Framework
Position Sizing
Scalping (5M-15M): 0.5-1% risk per trade
Day Trading (1H-4H): 1-1.5% risk per trade
Swing Trading (Daily): 2-2.5% risk per trade
Stop Loss Guidelines
5M Charts: 8-12 points maximum
15M Charts: 12-18 points maximum
1H Charts: 20-30 points maximum
4H Charts: 35-50 points maximum
Daily Charts: 60-100 points maximum
Profit Taking Strategy
Target 1: 1:1 Risk/Reward (50% position close)
Target 2: 1:2 Risk/Reward (30% position close)
Target 3: 1:3 Risk/Reward (20% position close)
Trailing Stop: Implement after Target 1 achievement
Geopolitical and Market Risk Factors
Domestic Considerations
RBA Policy: Economic outlook remains "uncertain" with potential for policy reversals if downside risks materialize
Employment Data: Rising unemployment to 4.3% may influence future policy decisions
Seasonal Patterns: September historically weak for Australian equities
International Factors
US Market Correlation: Strong correlation with S&P 500 performance
China Economic Data: Resource sector sensitivity to Chinese growth metrics
Currency Impact: AUD strength/weakness affecting export competitiveness
Commodity Prices: Iron ore and gold price movements critical for index performance
Event Risk Calendar
September 3: RBA Meeting Minutes release
September 5: US Non-Farm Payrolls (strong correlation impact)
September 17: RBA Policy Decision (potential further rate cut)
September 24: Chinese PMI data release
Sector Rotation Analysis
Outperforming Sectors
1. Energy: Benefiting from geopolitical tensions and supply constraints
2. Financials: Rate cut cycle creating yield curve steepening opportunities
3. Resources: China stimulus hopes and infrastructure demand
Underperforming Sectors
1. Technology: Higher rates historically impacting growth valuations
2. REITs: Competition from rising dividend yields in other sectors
3. Consumer Discretionary: Economic uncertainty dampening spending
Trading Psychology and Market Sentiment
Sentiment Indicators
Put/Call Ratio: 0.85 (slightly bearish)
VIX Equivalent: Elevated but not extreme levels
Insider Trading: Moderate selling activity at current levels
Psychological Levels
9000: Major psychological resistance
8800: Key psychological support
8500: Crisis level support (low probability scenario)
Advanced Trading Setups
Harmonic Trading Opportunities
1. Bullish Bat Pattern: Completion at 8880-8900 zone
2. Bearish Gartley: Potential formation at 9020-9050 levels
3. AB=CD Pattern: Active completion zone 8950-8980
Gann-Based Setups
1. Square of 9 Trades: Long at 297° (8836), Short at 300° (9025)
2. Time Cycle Trades: Reversal zones at September 3-6 window
3. Angle Confirmation: 1x1 angle from August low providing dynamic support
Wyckoff Accumulation/Distribution
Current Phase: Late accumulation (Phase E potential)
Volume Characteristics: Decreasing volume on advances (concerning)
Composite Operator: Evidence of large player distribution above 8950
Technology Integration
Algorithmic Considerations
High-Frequency Impact: Increased volatility during 9:30-10:30 and 14:30-15:30 windows
Order Flow Analysis: Large block transactions evident at 8920 and 8970 levels
Market Microstructure: Bid-ask spreads widening above 8960
Recommended Tools
1. TradingView: Chart analysis and alert systems
2. Market Profile: Volume distribution analysis
3. Order Flow Software: Real-time institutional activity tracking
Conclusion and Weekly Outlook
The AUS200 stands at a critical juncture, trading near historical highs while facing seasonal headwinds and technical exhaustion signals. The combination of supportive monetary policy and strong year-to-date performance provides underlying bullish bias, but elevated RSI readings across multiple timeframes warrant cautious optimism.
Key Themes for September:
1. Range Trading: 8920-8980 likely to contain price action initially
2. Breakout Preparation: Monitor volume for sustained moves beyond range
3. Seasonal Weakness: Historical September underperformance requires defensive positioning
4. Policy Support: RBA accommodation providing floor for significant declines
Recommended Approach:
- Favor range trading over directional bias initially
- Reduce position sizes given elevated volatility expectations
- Focus on high-probability setups with multiple confluence factors
- Maintain disciplined risk management throughout September
The technical analysis suggests a market in transition, where traditional support and resistance levels will be tested against changing fundamental backdrops. Traders should remain flexible and prepared for both continuation and reversal scenarios as the market navigates this critical period.
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*This analysis incorporates multiple technical methodologies and should be used in conjunction with proper risk management. Market conditions can change rapidly, and all trading decisions should be based on current market information and individual risk tolerance.*
ASX intraday dips continue to attract buyers.ASX200 - 24h expiry
Price action resulted in a new all-time high at 8974.
Offers ample risk/reward to buy at the market.
Intraday dips continue to attract buyers and there is no clear indication that this sequence for trading is coming to an end.
Price action continues to trade around the all-time highs.
20 4hour EMA is at 8925.
We look to Buy at 8926 (stop at 8876)
Our profit targets will be 9076 and 9096
Resistance: 8974 / 9000 / 9050
Support: 8898 / 8820 / 8788
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, 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.
ASX200 - Pivot Points -Annual M1 - Annual R1 completedThe ASX200 has risen since Trump postponed the tariffs and then made deals with various countries.
The Australian economy has been relatively unaffected by the tariffs mainly on steel and aluminium at 10% and possibly 25%.
Inflation is under control, and the interest rates are slowly being lowered providing additional funds for people to either spend or invest.
I'm waiting for a decent retest pullback to the Annual CPP (central pivot point) buy into the ASX again. But its always a long play for me. I'm a perma-bull!.
Potential Double Top on AUS200 — 4HPotential Double Top on AUS200 — 4H 📉
I’m watching the AUS200 index closely for a potential short setup.
The pattern in focus is a double top forming on the 4-hour timeframe.
#GTradingMethod Tip: Always manage your risk first before dreaming about the profits.
Trade Details:
📊 Risk/Reward: 3.9
🎯 Entry: 8 906.3
🛑 Stop Loss: 8 941.8
💰 Take Profit 1 (50%): 8 788.9
💰 Take Profit 2 (50%): 8 726.2
Please note: This is not financial advice. This content is to track my trading journey and for educational purposes only.
ASX200 continues to trade around the all time highs.ASX200 - 24h expiry
Price action resulted in a new all-time high at 8910.
There is no clear indication that the upward move is coming to an end.
The lack of interest is a concern for bears.
Price action continues to trade around the all-time highs.
20 4hour EMA is at 8848.
We look to Buy at 8851 (stop at 8807)
Our profit targets will be 8981 and 9001
Resistance: 8910 / 8950 / 9000
Support: 8865 / 8830 / 8788
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, 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.
UPDATE: Australia 200 treading nicely to profit targetAustralia is treading up on it's own as if it is not pulled by any weight.
Unlike many markets, there are fine reasons for the upside including:
📈 Strong earnings from major Aussie companies
🏦 RBA holding interest rates steady
🌏 Positive global market sentiment
🏗️ Mining & construction sectors booming
💵 AUD stability attracting investors
ANd technically, the updated version looks strong as well.
Cup and Handle formed on 12 May 2025,
Price broke up and out of it and since then has been treading nicely on a 45 degree uptrend.
Price> 20 and 200MA
Target 9,163
One could even close half profits here and let the rest ride on up.
Disclosure: I am part of Trade Nation's Influencer program and receive a monthly fee for using their TradingView charts in my analysis.
ASX200 Heist Blueprint – Entry, Exit, Escape Mapped Out!💼💣 The ASX200 Heist Blueprint: Bullish Loot Incoming! 🔥💰
🌍 Hi! Hola! Ola! Bonjour! Hallo! Marhaba! 👋
Welcome back, Money Makers & Market Robbers! 🤑💸✈️
It's time for another high-stakes heist, this time targeting the ASX200 / AUS200 “Australia 200” Index. Get your trading toolkit ready – we're planning a strategic, stealthy bullish operation based on Thief Trader’s signature blend of technical setups + macro fundamental analysis.
💹 ENTRY STRATEGY – "The Vault Is Open!"
The bullish loot is ripe for the taking. Watch for pullbacks on the 15M to 30M charts – layer in limit buy orders near recent swing lows or key levels.
🧠 Use DCA-style (Dollar Cost Averaging) layering to maximize your position like a smart thief scaling walls.
Every entry counts – but precision matters. Time your move, rob the dip, and don’t get caught by the bears. 🐂💥
🛡 STOP LOSS – "Don’t Trip the Alarm!"
Protect your capital like it’s the last stack of bills in the vault.
📉 Suggested SL: Near 4H swing low/high (e.g., 8620.0)
Always adjust based on:
Your risk tolerance
Position size
Number of open entries
Risk smart. The getaway must be clean. 🚁💨
🎯 TARGET – "8880.0 & Beyond!"
That’s the main exit point for our current job.
Expect tough resistance ahead – the police barricade zone where supply, exhaustion, and reversal pressure builds.
Book profits and treat yourself like a boss – your hustle deserves celebration! 💪🎉🍾
📊 Market Condition Overview
The ASX200 is currently in a bullish trend, supported by:
Risk-on sentiment globally 🌐
Aussie economic data strength 📈
Global indices correlation 🧩
Technical confirmations from Thief Trader tools 🔧
📌 Important Note – Stay Informed!
📢 Fundamentals Matter!
Tap into macro analysis, COT reports, geopolitical news, sentiment indicators, and intermarket flows. These are the real gears behind the charts.
📡 Always stay sharp and analyze what’s behind the candles.
⚠️ NEWS TRAP WARNING
🚨 Big news = big volatility. Don’t get caught during releases.
✔️ Avoid opening new positions around high-impact events
✔️ Use trailing SLs to protect open profits
✔️ Manage leverage like a pro thief manages their escape route
💖 Support the Thief Gang!
If this heist plan helped you, hit that Boost 💥 & Follow – it fuels our mission to help more traders rob the market cleanly and smartly.
Together we earn. Together we learn.
🧠💼 Stay tuned for more heist blueprints and tactical break-ins into global markets with the Thief Trading Style™.
🔥 Until next time, rob responsibly. 🕶💸🎯
AUS200 – Retest of 8,634.00 After Swing High RejectionAUS200 pulled back sharply after tagging the recent high at 8,784.83, now testing the 8,634.00 support zone which aligns with the 21 SMA. This level is acting as the immediate battleground.
Support at: 8,634.00 🔽 | 8,530.00 | 8,400.00
Resistance at: 8,784.83 🔼
🔎 Bias:
🔼 Bullish: If price stabilizes above 8,634.00 and reclaims bullish momentum, we could see another retest of the high at 8,784.83.
🔽 Bearish: A daily close below 8,634.00 puts 8,530.00 and 8,400.00 in play, especially if the 21 SMA fails to hold as dynamic support.
📛 Disclaimer: This is not financial advice. Trade at your own risk.
Watching for a Head & Shoulders on AUS200Watching AUS200 for a potential short setup — possible head and shoulders on the hourly chart. Left shoulder and head complete; waiting to see if right shoulder forms to confirm.
All my setup variables are met so far.
#GTradingMethod calculates take profits using the distance between the head’s peak and neckline, projected downwards.
Risk/Reward: 3.4
Entry: 8838.3
Stop Loss: 8865.8
TP1 (50%): 8753
TP2 (50%): 8716
Join the journey, what are your guys and girls thoughts on how to trade a head and shoulders, and does anyone track the AUS200?
Disclaimer: Please note, this is not financial advice. This content is intended to track my trading journey and for educational purposes only
#ASX: The 9,000 countdown has begun.On August 7, 2025, the #ASX index surged to an all-time high of 8,856.9 points , driven by a rare mix of catalysts: soaring gold prices lifting major miners, expectations of simultaneous easing by the RBA and the Fed boosting bank and media-tech stocks, and steady demand for iron ore and base metals pushing BHP, Rio Tinto, and Fortescue higher. A global “risk-on” sentiment amid falling U.S. yields and short-covering added extra fuel.
Five key drivers that could push the #ASX to new heights:
1. China’s 2025 infrastructure push: Beijing is preparing an expanded lending package for transport and energy projects. This fuels iron ore and copper imports — directly boosting revenues for BHP, Rio Tinto, and Fortescue, which make up ~25% of the index.
2. Gold rally continues: The expected Fed rate cut in September pressures U.S. yields and supports gold prices. Even a move toward $3,500/oz could revive Northern Star, Evolution, and Newmont, adding dozens of points to the index.
3. Dovish RBA + weak AUD: Further rate cuts by the Reserve Bank of Australia (with AUDUSD staying below 0.64) make domestic loans cheaper while increasing export margins for resource and agri stocks.
4. Green metals boom: Rising global demand for lithium, nickel, and rare earths for batteries and renewables is driving up valuations of Pilbara Minerals, IGO, Lynas, and others — boosting the materials sector’s contribution to index growth.
5. Housing sector reversal: Lower mortgage rates and tax breaks for first-home buyers are lifting transaction volumes and online demand via REA Group. Rising home prices traditionally ignite banking and construction stocks, creating a multiplier effect on the index.
#ASX has already climbed near the top — and it has at least five major “boosters” for another rally. According to FreshForex , the index could break above 9,000 even faster if three extra catalysts come into play:
1. Superannuation fund inflows shift toward equities, adding long-term capital.
2. Buybacks and M&A by giants like BHP and Commonwealth Bank reduce float and boost EPS.
3. A fresh IPO wave of lithium and AI startups injects new tech momentum.
AUS200 - TIME TO DESTROY THE AUSSIE MARKET AUS200/ASX200Team, our patience is pay up
time to SEND AUS200/ASX200 to the SOUTHGATE
Lets destroy them with our short position at 8772-8782 - with STOP LOSS AT 8825
ONCE IT BREAK DOWN toward 8750 ranges, bring stop loss to BE
Target 1 at 8725-16
target 2 at 8693-8688
LET'S GO
AUS200/ASX200 - ANOTHER OPPORTUNITY TO SHORT AUS200Team, today, good data came out from the AUS200
The market has given some steroids
Time to put an end to this
SHORTING AUS200 at 8761 toward 8772 with stop loss at 8810
Target 1 at 8732-8726 - take 50% volume and bring stop loss to BE
TARGET 2 at 8712-8696
ENJOY YOUR DAY!
ASX200 to find support at current market price?ASX200 - 24h expiry
The primary trend remains bullish.
Price action continues to trade around the all-time highs.
20 1day EMA is at 8619.
Offers ample risk/reward to buy at the market.
Our outlook is bullish.
We look to Buy at 8621 (stop at 8573)
Our profit targets will be 8764 and 8794
Resistance: 8670 / 8694 / 8749
Support: 8610 / 8570 / 8524
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, 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.
ASX200 to find buyers at current market price?ASX200 - 24h expiry
Price action resulted in a new all-time high at 8765.
Price action continues to trade around the all-time highs.
The bullish engulfing candle on the 4 hour chart the positive for sentiment.
50 4hour EMA is at 8658.
We look for a temporary move lower.
We look to Buy at 8661 (stop at 8615)
Our profit targets will be 8801 and 8831
Resistance: 8700 / 8749 / 8765
Support: 8658 / 8629 / 8600
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, 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.
Australia 200: Pullback Presents Second Chance for LongsThe Australia 200 contract continues to trade above former horizontal resistance at 8627, with Monday’s pullback offering an improved entry level for longs looking to buy the breakout.
Bullish positions could be established ahead of 8627, with a stop beneath for protection. The session high of 8727 looms as an initial test for longs, with a push above that level opening the door for further upside.
While some like to use extension targets, the preference would be to wait for a clear topping pattern before exiting the trade. Others may prefer to adopt a target based on the desired risk–reward of the trade.
Bullish price momentum is showing signs of picking up again, favouring a similar bias. Iron ore futures are also flying in Asia, likely assisting gains across the underlying materials sector.
Good luck!
DS
AUS200 Breakout or Fakeout? I Say Breakout – Here's Why🔍 Technical Overview:
After monitoring the recent movement in AUS200, I believe we are in the early phase of a bullish breakout continuation rather than a fakeout.
Uptrend Structure: Price has been consistently respecting higher lows and trending above the green trendline.
Break of Descending Resistance: The downtrend line has now been pierced with momentum candles — a bullish sign.
Buy Condition Set:
Next 1-hour/s candle should close above the intersection (highlighted zone).
Candle should be green, and preferably no wick on the top (indicating strength).
Volume analysis to be considered on confirmation.
✅ Trade Plan:
Buy Zone marked.
Stop Loss Zone clearly defined – I plan to exit the trade if price closes back below the shaded red/gray zone.
Upside Potential: Initial target around 8,820–8,840, with extension toward 8,900+ if momentum sustains.
Risk/Reward ratio looks favorable based on current structure.
📰 Fundamentals:
I have not yet identified any bearish macro or news catalyst that contradicts the current technical picture. If you know of any relevant developments (e.g., RBA policy, earnings, CPI releases), feel free to comment.
🔄 Validation Request:
Would love the community’s take:
Do you see this as a valid breakout?
Any hidden divergence or bearish signals I might have missed?
Let me know if you're tracking the same structure or see something different.