AUDUSD - SELL NOWAUDUSD Day - Market Structure Shift To Downtrend Price will move to 0.64416 for Re-balance SELL @0.65188 STOP LOSS @0.65527 TAKE PROFIT @0.64416Shortby IFILLYOUUpdated 224
Fed rules out rate hike. Will the RBA now do the same? Fed rules out rate hike. Will the RBA now do the same? The US Federal Reserve maintained its policy rate within the 5.25%-5.50% range as anticipated. Notably, Fed Chair Powell, in the press conference, expressed that while the central bank remains vigilant about inflation risks, a hike is "unlikely" for the next move. Will the Reserve Bank of Australia (RBA) echo a similar stance when it announces its interest rate decision next week? Although there were hopeful indications that inflation in Australia was trending in the right direction, these were dashed recently by a stronger-than-expected reading for the March quarter. With hopes for a rate cut dashed, speculation now centers around the possibility of another increase before 2024 concludes. Bloomberg reports a shift in expectations from rate cuts to a potential rise by year-end. Market sentiment has transitioned from a 70% likelihood of an interest rate cut in August to a 50% probability of a 0.25% rate hike, which is a huge shift in sentiment. If indeed an interest rate hike materializes, it would place Australia in stark contrast to other central banks. Presently, the RBA's cash rate stands at 4.35%. None of the major four banks anticipate the RBA's next move to be an increase, with all still projecting a rate cut by Christmas. However, these forecasts remain subject to change in the lead-up to the RBA's decision. by BlackBull_Markets2
aud/usd 4HThe Australian dollar is in a downward trend in the 4-hour timeframe and we expect a downward trendShortby mohsen9678Updated 2
AUD/USD stabilizes after taking a tumble, Fed nextThe Australian dollar has steadied on Wednesday after sliding 1.4% a day earlier. AUD/USD is up 0.19%, trading at 0.6489 at the time of writing in the North American session. Australian dollar slides after soft retail sales Retail sales in Australia fell 0.4% m/m in March, following a downwardly revised 0.2% gain in February and shy of the market estimate of 0.2%. The decrease in sales was felt across all industries, as consumers held tight to the purse strings. On an annualized basis, retail sales grew by just 0.8% in March, the lowest level since August 2021. The Australian dollar responded with sharp losses to the disappointing retail sales release. China posted soft PMIs which also weighed on the Aussie. The manufacturing PMI eased to 50.4 in April, down from 50.8 and just above the market estimate of 50.3. The services PMI fell to 51.2, compared to 53.0 in March and below the market estimate of 52.2. The data indicates that manufacturing and services are showing little growth, another sign of the slowdown in China, which is Australia’s largest export market. Weaker economic activity in China means less demand for Australian exports, which is weighing on the Australian dollar. Will Powell make a hawkish pivot? The Federal Reserve meets later today, with little doubt that it will maintain interest rates for a sixth straight time. The target range for the benchmark rate of 5.25% to 5.5% hasn’t changed since July and the Fed has shown that it is willing to prolong its “higher for longer” stance as long as is needed. Fed Chair Powell is expected to have a hawkish message for the market, which would likely provide the US dollar with a boost. AUD/USD Technical AUD/USD is putting pressure on resistance at 0.6504. Above, there is resistance at 0.6537 0.6439 and 0.6406 are the next support levelsby OANDA0
AUDUSD Projection 🔥Hello Billionaires! It looks like a good time to buy AUDUSD from the order block. Just remember to keep an eye on the market in case things change. Also, make sure to protect yourself by setting stop-loss orders below the support zone to avoid big losses if the market suddenly goes down.Longby AliyanFX4
AUDUSD (Short Movement)AUDUSD is under bearish pressure, as long as the price trades under the pivot line which is 0.6549 means downward toward 0.66415 and 0.6358 otherwise should be stable above the pivot line to be upward till 0.6616 and 0.6682 the retest is available till 0.6508 or 0.6549 pivot price: 0.6549 Resistance Price: 0.6616 & 0.6648 & 0.6682 Support Price: 0.6416 & 0.6358 & 0.6297 The expected trading range for today is between support 0.6358 and Resistance 0.6549 Shortby SroshMayi4
AUDUSD DESCENDING CHANNELAUDUSD is making a descending channel price was in range bound know its declining showing bearish descending pattern.Shortby kashif19990
AUD/USD Longprice went down to a major support and rejected it showing signs of a reversal and the DXY is looking to pull back for correction so I am Long on this pairLongby colemanantwan69115
Bitcoin, what does this move mean? Buy the dip?Should you buy the dip? In general, I would say this is not a good level. See the video for why, and where it might be worth doing it.03:44by Paul_Varcoe2212
time for short*The content on this analysis is subject to change at any time without notice, and is provided for the sole purpose of assisting traders to make independent investment decisions.Shortby iminigham11Updated 7
Audusd buy range buy spike shoot coming read the caption In the bigger picture, price actions from 0.6169 (2022 low) are seen as a medium term corrective pattern to the down trend from 0.8006 (2021 high). Fall from 0.7156 (2023 high) is seen as the second leg, which is still in progress. Overall, sideway trading could continue in range of 0.6179 /7155 for some more time. But as long as 0.7156 holds, an eventual downside breakout would be mildly in favorLongby Mrsam363
AUD/USD Movement: Technical and Economic PerspectivesThe AUD/USD exhibited sustained growth throughout the previous week, aligning with our earlier forecast. It reached the 0.6580 level, where we identified a convergence of technical, seasonal, and economic indicators. Technically, both the H4 and H8 timeframes show divergence on the stochastic indicator within the 78.6% to 61.8% Fibonacci range within a bearish channel. A probable reaction is anticipated at the FVG Area, potentially leading to a retracement towards the 200 Moving Average, around 0.65200, coinciding with the Point of Control (POC) Volume. Our analysis suggests a further downward movement, considering the historical bearish sentiment typically observed during this period for this currency pair. Additionally, Warren Hogan, the chief economic adviser at Judo Bank, has speculated that the Reserve Bank of Australia (RBA) might implement three cash rate hikes throughout 2024, eventually reaching 5.1%, with the initial hike likely in August. Investors are eagerly awaiting the release of March Retail Sales data scheduled for Tuesday, as it offers crucial insights into Australia's consumer spending behavior, which significantly influences inflation and GDP trajectories. by FOREXN1Updated 118
AUD USD DAILY SHORTAUD USD rapidly loosing momentum when she needed it the most. failing to claim 0.675 and AUD USD will fall. New CPI readings on DXY was a game changer. middle run TP 0.65Shortby THE-real-DealUpdated 116
order block zonesthis is high probability trade based on order block zones price will hit order block zone located at blue area Shortby kento666Updated 7
AUD/USDThe current selling zone for the AUDUSD pair is at 0.65217. This means that traders are looking to sell the Australian dollar against the US dollar at this price point. In this scenario, traders have set specific take-profit levels to capitalize on potential downward movements in the pair. These take-profit levels are strategically placed at 0.65026, 0.64810, and 0.64230, indicating where traders aim to close their positions to secure profits. Additionally, a stop-loss order has been set at 0.65680 to limit potential losses in case the market moves against the anticipated direction. By adhering to these predetermined levels, traders aim to manage risk effectively and maximize their potential gains in the forex market.Shortby FOREX_trade_01Updated 33165
check the trend It is expected that a trend change will be formed in the current support range and the beginning of an upward trend will be formed up to the specified resistance levels. Otherwise, it will be possible to continue the downward trend up to the level of 78.6%by STPFOREX0
Downside Participation - AUD/USD Buy Now, Sell laterHi Traders, Based on my Weekly Trade planning session, we have seen an indication that the USD is strengthening again. The AUD/USD has broken down two consecutive structures (Downside Participation), a clear indication that the trend is resuming to the downside. However, immediately after participation, the traders will demand a discount. The simple reason is; that the price is too low and doesn't represent a good value. If the request is successful, the price will rally to the last structure without breaking the high that created the Downside participation. This is the scenario that is currently happening in the AUD/USD. This is a low-risk trade; Stop Loss:0.6464, profit target: 0.6537.Longby Charts247TradingAcademy228
Long trade 23rd April 2024 Pair: AUD/USD Timeframe: 1 Hour Entry: 0.64887 Profit Level: 0.66240 (2.09%) Stop Level: 0.64672 (0.33%)Longby davidjulien369Updated 3
Could AUD/USD bounce from here?Price is falling towards a support level which is a pullback support that aligns with the 61.8% Fibonacci retracement and could potentially bounce from this level to our take profit. Entry: 0.64558 Why we like it: There is a pullback support level which aligns with the 61.8% Fibonacci retracement. Stop loss: 0.64005 Why we like it: There is a pullback support level Take profit: 0.65525 Why we like it: There is a pullback resistance level Please be advised that the information presented on TradingView is provided to Vantage (‘Vantage Global Limited’, ‘we’) by a third-party provider (‘Everest Fortune Group’). 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 Everest Fortune Group.Longby VantageMarkets11
AUDUSD: Bearish ShiftAUDUSD printed Bearish Divergence on RSI followed by a breakout of Trend Line suggesting a Bearish Shift. Entry is recommended at 38.2% retracement level of current price. Shortby CipherChartsUpdated 1
AUDUSD BUY for nouAUDUSD easy buy to the daily start touch. also maybe there is a market structure shifting hapening, beacuse he broke the previeuws low he made his way freeLongby BDSBankUpdated 6
sell on audusd we have a clear break on trend in 1HT and break of previous low with the news tomorrow we may expect a trong push to the downside Shortby CondorFxUpdated 226
AUDUSD - Short - 30/04/2024Trade Call: Short Entry: 0.64801 SL: 0.65393 TP1: 0.64210 TP2: 0.63620Shortby WaqasWasi0