Head and Shoulder setupIntraday Update: The AUDUSD has found buyers ahead of the 38% retracement at .6581 which is the neckline of the head and shoulder technical setup. A break below is bearish.Shortby ForexAnalytixPipczar112
AUDUSD OVERVIEWThe main external structure/trend is bullish. We see a broken HH on the external, which imposes a buy Opp since it represents a continuation. Then the external HL/demand was retested but never broken. The market failed to change the character of the external structure. Instead, it made a character of change within the internal structure. Which allow us to predict the market to retest the external structure's High higher. The demand which led to the internal CHOCH was also retested with a rejection which shows the bullies prevailing above the bears.Longby SUPPYCSA1
AUDUSDAUDUSD analysis 1 hour time frame The price can move towards the ceiling of the 1-hour demand area in return to the 1-hour FVGLongby m0neyminer0
AUDUSD - 2 of 2 sell trade and last possible transaction according to the analysis, as we can see, we have a bearish orderflow, so it makes sense to take this sellShortby KronFXUpdated 228
trade in lower timeframe structure ⚠️Do not act based on my analysis, do your own research!! Learn from my experience, with all the mistakes and pain shared on the way to the main goal - consistency. I'm always glad to discuss and answer questions. Most likely, the buyers' strength will not be enough to pass the resistance. If you are a day trading you can use my H4 Idea for market direction in 15 minutes trend. by fatttane114
Ascending channel audusd buy now or never !Ascending channel lowest border is been hit for second time. If there is a time to buy, is now. Longby geokallides3
AUD/USD Bears In ControlWhile the AUD/USD shows signs of trending higher on the daily chart – a series of higher highs and higher lows have been seen since $0.6362 – the unit recently connected with resistance at $0.6659, a move bolstered by the monthly chart linking with the upper boundary of a potential bearish pennant formation, drawn from a high of $0.7158 and a low of $0.6170. Coupled with the above analysis and the Relative Strength Index (RSI) holding south of the 50.00 centreline on the monthly chart and daily flow also poised to break through the 50.00 centreline, this could prompt further selling in the currency pair towards the 200-day and 50-day SMA combination between $0.6528 and $0.6560. Shortby FPMarkets2
Aussie head and shouldersHead and shoulders indicating targets in the red and orange demand areas. Best of luck!Shortby Uzi-Trades-Forex2
Strifor || AUDUSD-28/05/2024Preferred direction: BUY Comment: Last week, we considered this currency pair for sale in the more medium term. This trading idea is relevant, and at a distance of 2 weeks, one can consider this scenario short. However, in the short term, there will most likely be strengthening, which is exactly what we talked about earlier. Therefore, it makes sense to take a closer look at small purchases. At the moment, we highlight two scenarios, both on the chart, with a common target at the level of 0.67141 . This resistance level is a local maximum, the maximum of which is expected to be updated in the near future. Additional comments on this trade will be provided as situation changes. Follow us! Thank you for like and share your views!Longby Viktor_strifor_analystUpdated 111
SELL 1HOANDA:AUDUSD TPs in 15m time specified on the prices / TP1 0.66249 TP2 0.65944 TP3 0.65660 TP4 0.65221 TP5 0.64820 Remember there is no 100% in financial markets.by ZADERAMEZAN-FXUpdated 2211
Sell trade still onIf you've been following me, you'd realize I've been talking about this pair for a while now.The bears are really pushing price down.Shortby Envestorr_Holdings0
Sell trade still onIf you've been following me, you'd realize I've been talking about this pair for a while now.The bears are really pushing price down.Shortby Envestorr_Holdings0
Aussie H4 | Falling to 50% Fibonacci supportThe Aussie (AUD/USD) is falling towards a pullback support and could potentially bounce off this level to climb higher. Buy entry is at 0.6594 which is a pullback support that aligns with the 50.0% Fibonacci retracement level. Stop loss is at 0.6547 which is a level that lies underneath a pullback support and the 61.8% Fibonacci retracement level. Take profit is at 0.6669 which is a pullback resistance. 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.Long02:31by FXCM6
AUDUSD. Medium-term and short-term forecastHello traders and investors! I'll share the forecast I made in mid-March. On the weekly chart, there's a sideways movement, with a bullish vector 5-6 targeting 0.69205. On the daily chart, we also see a sideways movement, with a bullish vector 7-8 targeting 0.66345, 0.66676. I'm awaiting price interaction with the daily targets to update the forecast. For a more detailed explanation of how to read charts and consider different timeframes when looking for trades, you can refer to the article Longby AlexeyWolfUpdated 5
AUDUSD: The AUD in the short term turned downAUDUSD: In the short term, the AUD has also turned down. Currently located around the 0.6600 support zone. Because this is an important neckline support area as well as touching the EMA 200 H4 frame, we need to observe the price reaction around this area. If AUDUSD continues to penetrate the current price range, it will create a double peak pattern confirming a deep downtrend. Ace may explore selling down on AUDUSD in the context that the USD is currently rising strongly, reinforcing this short position.by Chart_MasterPro4
audusdThe Chart was printing a bearish trend but a Divergence was their after that the trend become Bullish . As per my Analysis the entry point will be at 0.66626 and the Stop Loss will be at 0.65895 Longby Azeem2080
AUDUSD TRADE IDEAOn this pair, we are anticipating for a BUY CONTINUATION, first we all that the trend is still BULLISH, as there is no yet SIGN for the BEARISH SHIFT on the AUDUSD, so coming down to the 30minutes timeframe, we have SWEEP in LIQUIDITY+ BOS and a DEMAND Area was created, though without INEFFICIENCY, but we have the FIB confluence. You can add to your watch-list.Longby LOVEGODFX2Updated 3
✅AUD_USD POTENTIAL LONG🚀 ✅AUD_USD is set to retest a Strong support level below at 0.6594 After trading in a local downtrend from some time Which makes a bullish rebound a likely scenario With the target being a local resistance above at 0.6620 LONG🚀 ✅Like and subscribe to never miss a new idea!✅Longby ProSignalsFx114
CHART BREAKDOWN AUDUSD: Key Levels, Targets and Thoughts!Brief Description🖊️: The chart provides insights into critical market levels, emphasizing an essential demand zone (low-risk buy zone) spanning from 0.66050 to 0.66000, respectively, are highlighted. Things I Have Seen👀: Important Demand Zone🟢: Identified between 0.66050 and 0.660000, serving as a low-risk buy. Bullish Targets📈: 0.66200: Possible retracement area. 0.66450: Possible retracement area. 0.66700: Possible retracement area. 0.67000: Liquidity area. What's Important Now❗ Currently, the crucial approach is to wait and observe the price action at this level. We need to assess how the market reacts before considering any decisive moves. Stay observant and responsive to real-time developments in the market. Longby TTradessss5
AUD/USD:Traders Eye Australian Retail Sales and CPI DataThe AUD/USD pair saw upward movement on Monday, benefiting from the subdued activity in the US markets due to the Memorial Day holiday, which left the Greenback weaker. This rise extends Friday’s recovery into a second consecutive day, providing some momentum for the Aussie dollar. Economic Indicators to Watch Australian Retail Sales and CPI Data: Tuesday: Traders are eyeing the Australian Retail Sales data for April, expected to show a modest recovery with a 0.2% increase following a 0.4% decline in the previous month. Wednesday: The focus will shift to Australia's Monthly Consumer Price Index (CPI) for April, anticipated to grow at 3.4% year-over-year, slightly down from March's annualized 3.5%. US PCE Inflation Data: Later in the week, the US Personal Consumption Expenditure (PCE) inflation data will be closely watched, as it could provide further direction for the USD and consequently impact the AUD/USD pair. Technical Analysis From a technical standpoint, AUD/USD is approaching a critical resistance area: The price is nearing the 61.8% retracement level from the recent daily swing high. Additionally, it is within the 61.8% to 78.6% Fibonacci retracement zone from a more localized swing. This convergence area is a potential point of resistance, where sellers might step in, looking for a bearish retracement. The market inefficiency noted earlier still remains unclosed, suggesting a potential downward correction. Trading Outlook Given the current economic outlook and technical indicators, we anticipate a bearish retracement in the AUD/USD pair: Bearish Setup: The 61.8% to 78.6% Fibonacci retracement zone could serve as an ideal entry point for sellers. Target: The objective would be to capitalize on the market's inefficiencies and the expected retracement back towards lower levels. In summary, while the AUD/USD pair has found some upward momentum, economic data releases and technical resistance levels suggest that a bearish retracement may be on the horizon. Traders should watch for key data points and technical signals to confirm this potential move.Shortby FOREXN1Updated 1113
AUDUSD H&S.Long-term probability H&S pattern on AUDUSD, one for the swing traders, psychology tester.Shortby Antonio_SpiceAllMoneyIn111
AUDUSD Short. 4 confirmations confirmed. Part 3. $800 Profit. Part 3 of the AUDUSD short trade taken on May 29th 2024 at 7:50am. Total $800 in profits. The account is almost up by 1% this week. Short05:42by Manny_FX_0
Possible short AUDUSD ... the week of 27 MayThe uptrend of this pair has been broken as evidenced by the double top and then, price crossing below the uptrend line. Now we can see a nice structure forming as the pair makes its way to the downside. My arrowed line indicates what I would like to see happen, but it is rare to see an ideal formation. I will be watching this pair next week for further indication that bearish trend will continue and take action at the appropriate time. An initial target in the area between 0.6465 and 0.6450 seems logical with the possibility of lower levels too. This is not a trade recommendation. Trading carries a high level of risk, so only trade with money you can afford to lose. Please use sound money and risk management in all your trades. If you like my idea, please give a “boost” and follow me to get even more. Please comment and share your thoughts too!! Shortby Trading_VistaUpdated 6615