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AUD (Australian Dollar)

AUDJPY Key Levels, The Week Ahead 03rd March ‘25 The AUDJPY currency pair maintains a bearish sentiment, supported by a longer-term downtrend. Price action remains pressured, with a key swing low acting as an immediate resistance level. However, potential upside corrections could test key resistance areas before determining the next directional move. Key Levels to Watch Resistance Levels: 94.50, 95.50 (20 DMA), 96.80 (50 DMA) Support Levels: 92.70, 91.40, 90.20 Bearish Scenario If AUDJPY fails to break above the 94.50 resistance level, a renewed bearish rejection could trigger further downside momentum. A sustained move lower could expose key support levels at 92.70, followed by 91.40 and 90.20 over the longer timeframe. Given the prevailing downtrend, sellers may look for shorting opportunities on rallies toward resistance. Bullish Scenario A decisive breakout above 94.50, confirmed by a daily close, would weaken the bearish outlook and signal a potential reversal. If this occurs, AUDJPY could rally toward the next resistance at 95.50 (20 DMA), with further bullish momentum potentially extending toward 96.80 (50 DMA). Conclusion While AUDJPY remains in a broader downtrend, the 94.50 level is a crucial pivot point that will determine the next move. A rejection from this level would reaffirm bearish dominance, whereas a breakout above it could signal a shift toward a corrective bullish phase. Traders should monitor price action around key levels for confirmation before positioning. This communication is for informational purposes only and should not be viewed as any form of recommendation as to a particular course of action or as investment advice. It is not intended as an offer or solicitation for the purchase or sale of any financial instrument or as an official confirmation of any transaction. Opinions, estimates and assumptions expressed herein are made as of the date of this communication and are subject to change without notice. This communication has been prepared based upon information, including market prices, data and other information, believed to be reliable; however, Trade Nation does not warrant its completeness or accuracy. All market prices and market data contained in or attached to this communication are indicative and subject to change without notice.
by TradeNation
GBPAUD Bullish breakout, The Week Ahead 03rd March '25The GBPAUD currency pair maintains a bullish sentiment, supported by a longer-term uptrend. Recent price action has confirmed a breakout above a key level, but the possibility of a retracement remains, making it crucial to assess both bullish and bearish scenarios. Key Levels to Watch Resistance Levels: 2.030, 2.040, 2.056 Support Levels: 2.010, 1.9927, 1.9770, 1.9620 Bullish Scenario If GBPAUD sustains price action above the 2.010 breakout level, it could signal strong bullish momentum. A successful retest of this level as support may provide a foundation for further upside, with key resistance targets at 2.030, followed by 2.040 and ultimately 2.056 in the longer term. Bearish Scenario A failure to hold above 2.010, followed by a confirmed breakdown and daily close below this level, would weaken the bullish outlook. In this scenario, selling pressure could intensify, leading to downside targets at 1.9927, with further retracement potential toward 1.9770 and 1.9620 over an extended timeframe. Conclusion GBPAUD remains in a bullish structure, but price action around the 2.010 level will be critical in determining the next move. A strong hold above this level could reinforce further gains, while a breakdown below it may trigger deeper retracements. Traders should monitor key support and resistance levels closely for confirmation of the next directional move. This communication is for informational purposes only and should not be viewed as any form of recommendation as to a particular course of action or as investment advice. It is not intended as an offer or solicitation for the purchase or sale of any financial instrument or as an official confirmation of any transaction. Opinions, estimates and assumptions expressed herein are made as of the date of this communication and are subject to change without notice. This communication has been prepared based upon information, including market prices, data and other information, believed to be reliable; however, Trade Nation does not warrant its completeness or accuracy. All market prices and market data contained in or attached to this communication are indicative and subject to change without notice.
by TradeNation
EURAUD at Key decision point, The Week Ahead 03rd March '25The EURAUD currency pair remains in a neutral stance within a longer-term consolidation phase, reflecting indecisive market sentiment. Recent price action has seen an oversold rebound toward a key resistance level, which may define the next directional move. Key Levels to Watch Resistance Levels: 1.6740, 1.6812, 1.6950 Support Levels: 1.6517, 1.6400, 1.6350 Bullish Scenario A decisive breakout above the 1.6740 resistance level, confirmed by a daily close, could invalidate the current bearish outlook. Such a move would indicate bullish momentum, with potential upside targets at 1.68120, followed by 1.695 in the medium term. Bearish Scenario Conversely, if 1.6740 acts as a firm resistance and price faces rejection, a downside move could unfold. A sustained decline below 1.6517 may accelerate bearish momentum, targeting 1.6400 (200 DMA) and eventually 1.6350 over the longer term. Conclusion EURAUD is currently at a key decision point, with price action around the 1.6740 resistance likely to determine the next directional bias. A breakout higher could open further upside potential, while a rejection from this level may reinforce bearish pressure. Traders should remain cautious and wait for confirmation before positioning for either scenario. This communication is for informational purposes only and should not be viewed as any form of recommendation as to a particular course of action or as investment advice. It is not intended as an offer or solicitation for the purchase or sale of any financial instrument or as an official confirmation of any transaction. Opinions, estimates and assumptions expressed herein are made as of the date of this communication and are subject to change without notice. This communication has been prepared based upon information, including market prices, data and other information, believed to be reliable; however, Trade Nation does not warrant its completeness or accuracy. All market prices and market data contained in or attached to this communication are indicative and subject to change without notice.
by TradeNation
EURAUD at Key Resistance Zone – Will Sellers Step In?OANDA:EURAUD has reached a significant resistance zone, marked by prior price rejections, suggesting strong selling interest. This area has previously acted as a key supply zone, increasing the likelihood of a bearish reversal if sellers regain control. If the price confirms resistance within this zone through bearish price action (e.g., wicks or rejection candles), we could see a move toward 1.66260, which aligns with a logical target based on recent structure. However, if the price breaks and holds above this resistance area, the bearish outlook may be invalidated, potentially opening the door for further upside. Just my take on support and resistance zones—not financial advice. Always confirm your setups and trade with solid risk management. Best of luck!
Short
by TrendDiva
33
GBPAUD Selling Trading IdeaHello Traders In This Chart GBP/AUD 4 HOURLY Forex Forecast By FOREX PLANET today GBP/AUD analysis 👆 🟢This Chart includes_ (GBP/AUD market update) 🟢What is The Next Opportunity on GBP/AUD Market 🟢how to Enter to the Valid Entry With Assurance Profit This CHART is For Trader's that Want to Improve Their Technical Analysis Skills and Their Trading By Understanding How To Analyze The Market Using Multiple Timeframes and Understanding The Bigger Picture on the Charts
by ForexMasters2000
AUDCAD at Key Resistance – Will Sellers Step In?OANDA:AUDCAD has reached a significant resistance zone, highlighted by previous price rejections and strong selling pressure. This area has historically acted as a supply zone, increasing the likelihood of a pullback if sellers step in. The current market structure suggests that if the price confirms a rejection from this resistance, we could see a move lower toward the 0.90200 level, a logical target based on past price behavior and current market structure. Just my take on support and resistance zones—not financial advice. Always confirm your setups and trade with solid risk management. Best of luck!
Short
by TrendDiva
5
AUDJPY bearish below 95.45The AUDJPY currency pair price action sentiment appears bearish, supported by the longer-term prevailing downtrend. The key trading level is at 95.45, which is the current swing high, previous support now newly formed resistance. An oversold rally from the current levels and a bearish rejection from the 95.45 level could target the downside support at 94.00 followed by 93.60 and 93.27 levels over the longer timeframe. Alternatively, a confirmed breakout above 95.45 resistance and a daily close above that level would negate the bearish outlook opening the way for further rallies higher and a retest of 92.26 resistance followed by 96.76 levels. This communication is for informational purposes only and should not be viewed as any form of recommendation as to a particular course of action or as investment advice. It is not intended as an offer or solicitation for the purchase or sale of any financial instrument or as an official confirmation of any transaction. Opinions, estimates and assumptions expressed herein are made as of the date of this communication and are subject to change without notice. This communication has been prepared based upon information, including market prices, data and other information, believed to be reliable; however, Trade Nation does not warrant its completeness or accuracy. All market prices and market data contained in or attached to this communication are indicative and subject to change without notice.
by TradeNation
GBPAUD - Catch This Massive 1600pip Swing Trade!GBPAUD is currently in a 335 ABC correction. We are in wave C now and expecting 5 waves. For wave C, we've seen subwave 1 and currently in subwave 2. Expecting subwave 2 to complete soon. We'll be looking for a breakdown to confirm that subwave 3 has started. We're expecting price to stay below invalidation so we'll be keeping our stops above that level for now and then moving it lower (above subwave 2) once subwave 3 has been confirmed. Trade Idea - Watch for completion of subwave 2 - Watch for lower timeframe trendline break, BOS etc, to confirm reversal - once entered, keep stops above invalidation - Targets: 1.92 (1000pips), 1.86 (1600pips) As always, trade safe!
by WicktatorFX
5