Long AUDUSD (4H) Entry 0.66300- 0.66400 TP 0.68750Resistance broken 0.66400, PURE BREAK AND RETEST TRADE , RR 1 : 3.60Longby The_SecretMindset2
AUDUSD Analysisin the H4 timeframe, we encountered a resistance zone that was confirmed at m15 timeframe, so we can enter the sell position at the OB. good luck Shortby seyedmahdiseyedhashemi3
AUDUSD Bullish ?!AUDUSD is in a uptrend and seems another bull wave comes soon we can enter position at 2 point with a good stoploss level ! by FXCalls3
AUDUSD InsightHello, everyone, and welcome, subscribers. Please share your personal opinions in the comments. We kindly ask for your support through likes and subscriptions. While recent U.S. inflation index indicators have shown conflicting trends, the market has paid more attention to the CPI than the PPI, with the CPI meeting expectations suggesting a potential slowdown in inflation. Additionally, retail sales and manufacturing indicators in the U.S. indicate a slowdown in the real economy. This has fueled expectations of a Fed rate cut, serving as a major driver for the depreciation of the dollar. - On May 16, the Australian unemployment rate was announced, exceeding expectations at 4.1%. - On May 16, the Philadelphia Fed Manufacturing Index for the U.S. will be released. - On May 17, the Eurozone Consumer Price Index for April will be released. - On May 20, there will be a speech by Fed Chair Powell. - On May 23, the minutes of the Federal Open Market Committee meeting will be released. Currently, the AUDUSD has broken above the previous resistance at 0.66500 and risen to the upper resistance of the downtrend. If this range is surpassed, there's a high likelihood of rising towards the vicinity of 0.71000 to form an upward trend. However, if resistance is encountered and a decline follows, we could expect a drop towards the 0.62000 line. Since the downtrend has not been broken yet, we maintain a bearish view, expecting a decline towards 0.62000. To summarize, a medium to long-term decline to the 0.62000 line seems most likely, with resistance at the 0.67200 line. We'll quickly adjust our strategy if movements deviate from expectations.Shortby shawntime_academy2
Lingrid | AUDUSD trend CONTINUATION formationThe price perfectly fulfilled my last idea, and it went down to support level and hit the target. FX:AUDUSD has broken through the triangle formation, a classic trend continuation pattern, and it is now making higher highs and higher lows. The market is persistently testing the resistance zone at 0.66500, and I think it's only a matter of time before it's breached. I expect a pullback to the range zone or triangle pattern, followed by a continuation of the current trend. The daily timeframe shows a bullish long-tailed bar, which suggests that the price will continue to rise. My goal is the resistance zone at 0.67200 Traders, if you liked this idea or if you have your own opinion about it, write in the comments. I will be glad 👩💻Longby LingridUpdated 3327
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 akmalsabran90445
AUDUSD Bearish Butterfly Pattern Signals ReversalThe AUDUSD pair is currently forming a Bearish Butterfly Harmonic Pattern (XABCD), a classical harmonic formation that signals potential trend reversals. The critical Point D, known as the Potential Reversal Zone (PRZ), is where the pattern completes, indicating a high probability of a bearish reversal. Confluence Factors: Key Resistance Area: Point D aligns precisely with a significant resistance level, suggesting strong selling pressure at this zone. 4-Hour Trend Line: The PRZ also coincides with a descending trend line on the 4-hour chart, reinforcing the bearish outlook. RSI Bearish Divergence: The Relative Strength Index (RSI) is exhibiting bearish divergence, where the price is making higher highs while the RSI is making lower highs, indicating weakening bullish momentum. Entry and Risk Management: Entry: Based on the confluence factors, an entry is recommended at 0.66730. Stop Loss: To manage risk, place the stop loss at 0.67180, just above the resistance and PRZ, providing a buffer against potential volatility. Take Profit Levels: TP-1: 0.66280 TP-2: 0.65830 TP-3: 0.65380 These profit levels are strategically placed at key support zones and Fibonacci retracement levels, offering a structured exit plan as the market potentially moves in our favor. Conclusion: Given the alignment of the Bearish Butterfly Harmonic Pattern, key resistance, trend line, and RSI divergence, a bearish reversal is anticipated from Point D. This setup presents a high-probability trading opportunity, supported by multiple technical factors. The proposed trade setup provides a favorable risk-reward ratio, making it a prudent entry for traders looking to capitalize on a potential trend reversal in the AUDUSD pair.Shortby trading_jupiter6
Aussie H4 | Falling to pullback supportThe Aussie (AUD/USD) is falling towards a pullback support and could potentially bounce off this level to climb higher. Buy entry is at 0.6645 which is a pullback support that lies underneath the 23.6% Fibonacci retracement level. Stop loss is at 0.6569 which is a level that lies underneath a pullback support and the 50.0% Fibonacci retracement level. Take profit is at 0.6712 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.Long02:45by FXCM8
ICT Short Setup AUDUSD👋Hello Traders, Our 🖥️ AI system detected that there is an ICT Short setup in AUDUSD for scalping. Please refer to the details Stop loss, FVG(Supply Zone),open for take profit. For more ideas, you are welcome to visit our profile in tradingview. Have a good day! Please give this post a like if you like this kind of simple idea, your feedback will bring our signal to next better level, thanks for support!Shortby ICT_Trader_SB221
AUDUSD buyThe idea only revolves around the 30m timeframe. The price trend is already bullish, and there's a demand area in 30m timeframe, also the resistance level, the price made rejection below the resistance level, so i guess the price will likely continue higher.Longby vioralle0
AUDUSD DAILY SETUP Hello, traders here is a setup of AUDUSD as you can see the market has broken the resistance zone that the market has tested multiple times in the past and now I will wait for a pullback and then look for bullish opportunities afterward. Longby dlaminisya2214
AUDUSD Outlook Week - 6 May 2024AUDUSD Outlook Analysis Week - 6 May 2024 Daily - Range / Bullish Cloud (D) - Above Cloud Weekly - Range Cloud (W) - Within Cloud Mid Term - Range 20 x 50 D SMA - Below 50 x 200 D SMA - Above Notes: RBA Jan 24 - AUD FAIR VALUE ~ 0.6800 ______________________________ Trade Identification Area of Interest Buy @ 0.6500-0.6550 TP @ 0.6650-0.6750 SL @ 0.6440-0.6460 RR @ 1:1-3 All information provided is based on my personal experience and it does not ensure future profits. This is NOT a trade recommendation for you to copy. If you decide to act upon the posted information, the trade decision is taken at your own risks. Any advice given is deemed to be GENERAL advice. This information or advice given does not take into account your full objectives, current financial situation or needs. Therefore, you should consider the appropriateness of the advice before you act further. The trading of stocks, futures, options, spread betting, spread trading and CFD trading and any other leveraged trading activity involves risk. You should not trade with money you can’t afford to lose. Be honest with yourself. Thank You for browsing here. I wish you the best of luck and hope you make a fortune. Just make sure you do it over time and don’t try to make your millions in a week or day. Longby TY-TradingUpdated 5
AUDUSD starting to be bullish long on AUDUSD after seeing a 4hour close to confirm the idea Longby NirvTradesUpdated 8810
AUDUSDwe can see possible bearish setup that is ready proper risk management should be exercised trade with care use a stop lossShortby miche2541
AUD/USD: Westpac's Bullish Perspective The AUD/USD and NZD/USD are trending higher due to risk-on flows boosting these currency pairs. For AUD/USD, on the downside, immediate support could lie at 0.6594, just above the 100 Daily Moving Average. The RSI is almost levelling off at around 80. Westpac recently highlighted a bullish stance on AUD/USD: “...there is no clear path to significantly higher US yields at the moment, especially with Powell reiterating that persistent inflation trends prolong restrictive policies rather than suggesting imminent rate hikes. Additionally, there are increasing risks of a weakening job market, as indicated by softer April payrolls and last week's rise in jobless claims.” In essence, Powell has tentatively ruled out rate hikes, while Nonfarm Payrolls and other job data have started to soften. Furthermore, recent US CPI data revealed that the annual inflation rate eased to 3.4% in April 2024 from 3.5% in March. Although inflation remains stubbornly high, the downward trend may not support USD bulls. Extra gains might push the AUD/USD to test 0.6700, before approaching the key 0.6750 level. by BlackBull_Markets5
AUD/USD Short Opportunity: Targeting RetracementWe look to Sell at0. Planning to enter a short position on AUD/USD at 0.668, where the price action is showing signs of resistance and the market conditions indicate overbought levels. This strategic entry is aimed at capitalizing on the expected downward correction. The target for this trade is set at the 61.8% Fibonacci level at 0.6558, aligning with a key retracement area that could offer significant profit potential. Monitoring the market closely for optimal entry as we anticipate selling into the upcoming rallies.Shortby EleazarahmathUpdated 118
AUD/USDHello! It's been a while, but I'm excited to start a new journey with you all. I have some advice to share - keep an eye out for a triangle pattern. If it is confirmed, it may be a good time to sell. I hope this helps, and enjoy! You can thank me later.Shortby CryptosoursUpdated 115
AUD/USDHello Agn, I wanted to give you an update on my previous analysis of this pair. Yesterday, we entered into a downtrend as it moved in our favor. Now, it's at the bottom of the triangle and facing a dynamic resistance level. The price has moved about two-thirds of the pattern, and it's about time to start moving in. Make sure to stay focused and only enter with confirmation. Always put a stop-loss in place because no one in this market can act as a god and forecast with 100% liability. It took me years to understand this, and I always try to teach it to my students. Remember, rock hard and thank me later.Shortby CryptosoursUpdated 2
AUDUSD - SELL Take 4 Increase Lot size to 4 Technically lost the 3rd trade AUD keeps pushing up But I believe they are just taking out Liquidity to head lower. USD still Fundamentally Stronger than Ozzie 20 v's -11 Expecting Higher CPi numbers coming in for April has been trending up MOM since June last year so not under control yet. Means Interest rates stay higher longer if u can call 5.5% high Which is Bullish for the USD so technically AUD v's USD AUDUSD = Down Don't for get to set tight Break Even Trail Stop Closer as Approaches Target Shortby NZ_SharemanUpdated 7
Looking for buySeen Liquidity taken out on 15 min. Institutional orders came in breaking liquidity then an impulse move came in breaking structure to the upside. Seen imbalance come in. Waited for price to come to mitigation zone.Longby perkinsdandre91
Sell 1h 1:4.6 ratioThis is wycoff wave Use the same profit and stop loss Re enter from higher level below stop loss Good luckShortby Dr_ihashemi670461
AUD/USD Long SetupWe look to Buy at 0.6593 which is 61.8 Fibonacci level also the ema level Spotlighting a strategic long opportunity in AUD/USD at the 0.6593 mark, aligning precisely with the 61.8% Fibonacci retracement level and closely supported by the 100-period EMA. This confluence zone not only highlights a significant technical juncture but also reinforces our medium-term bullish outlook. We expect setbacks to be constrained to yesterday's low, indicating a robust support level at 0.659. As we anticipate a corrective dip, this setup offers an attractive entry point with optimized risk/reward potential. Stay tuned for updates, especially as unfolding news could impact market dynamics and affect this trade strategy Longby EleazarahmathUpdated 338