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Aud-usd

Mastering AUDUSD: Key Trading Zones Revealed for Optimal EntriesGreetings, traders! Welcome to this AUDUSDmarket analysis, where we focus on identifying higher-probability trading opportunities. In this video, I start by analyzing the yearly down to the daily charts, highlighting key trading zones, and discussing the confirmations we look for to optimize our swing entries. If you like the breakdown, boost the idea and follow to receive more ideas. Trade safely Trader Leo
Short
by BTM-LEO
15
The Aussie has a strong bearish momentum, could it drop further?The price is rising towards the resistance level which is a pullback resistance that lines up with the 61.8% Fibonacci retracement and could drop from this level to our take profit. Entry: 0.6421 Why we like it: There is a pullback resistance level that aligns with the 61.8% Fibonacci retracement. Stop loss: 0.6455 Why we like it: There is an overlap resistance level. Take profit: 0.6372 Why we like it: There is a pullback support level. Enjoying your TradingView experience? Review us! 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.
Short
by VantageMarkets
Could the Aussie drop from here?The price is rising towards the pivot which acts as a pullback resistance and could drop tot he 1st support which has been identified as a pullback support. Pivot: 0.6454 1st Support: 0.6407 1st Resistance: 0.6503 Risk Warning: Trading Forex and CFDs carries a high level of risk to your capital and you should only trade with money you can afford to lose. Trading Forex and CFDs may not be suitable for all investors, so please ensure that you fully understand the risks involved and seek independent advice if necessary. Disclaimer: The above opinions given constitute general market commentary, and do not constitute the opinion or advice of IC Markets or any form of personal or investment advice. Any opinions, news, research, analyses, prices, other information, or links to third-party sites contained on this website are provided on an "as-is" basis, are intended only to be informative, is not an advice nor a recommendation, nor research, or a record of our trading prices, or an offer of, or solicitation for a transaction in any financial instrument and thus should not be treated as such. The information provided does not involve any specific investment objectives, financial situation and needs of any specific person who may receive it. Please be aware, that past performance is not a reliable indicator of future performance and/or results. Past Performance or Forward-looking scenarios based upon the reasonable beliefs of the third-party provider are not a guarantee of future performance. Actual results may differ materially from those anticipated in forward-looking or past performance statements. IC Markets makes no representation or warranty and assumes no liability as to the accuracy or completeness of the information provided, nor any loss arising from any investment based on a recommendation, forecast or any information supplied by any third-party.
Short
by ICmarkets
1
AUD/USD: Consolidation Amid Strength in Both CurrenciesAUD/USD: Consolidation Amid Strength in Both Currencies The AUD/USD pair remained relatively steady last week, consolidating as both the Australian dollar (AUD) and the US dollar (USD) stood out as some of the strongest currencies in the forex market. While both currencies are supported by robust fundamentals, differing factors drive their respective strengths, creating an interesting dynamic for the pair. Strength in the Australian Dollar The Australian dollar’s strength stems from the Reserve Bank of Australia’s (RBA) ability to maintain its current monetary policy. With interest rates at 4.35%, the RBA faces less urgency to implement sharp rate cuts, supported by: - **GDP Annual Growth Rate:** Australia’s economy is growing at 1.00% annually, showing moderate but steady expansion. - **Inflation and Employment:** Relatively high inflation and low unemployment provide the central bank room to hold rates steady, balancing growth with price stability. These factors position the AUD as one of the more stable and attractive currencies among major forex pairs. The Resilient US Dollar On the other hand, the US dollar remains strong, bolstered by robust economic data and the Federal Reserve’s stance on interest rates: - **Initial Jobless Claims (Nov. 16):** Better-than-expected at 213K, indicating a healthy labor market. - **S&P Global Services PMI Flash (Nov.):** Surprising to the upside at 57.0, reflecting strong activity in the services sector. However, additional data from the US this week showed signs of slowing economic activity, adding pressure to the dollar: - **Chicago Fed National Activity Index (Oct):** Fell to -0.40, below the expected -0.2. - **Dallas Fed Manufacturing Index (Nov):** Declined to -2.7, worse than the forecast of -2.4. - **New Home Sales (Oct):** Slumped to 0.61M, missing expectations of 0.73M. - **Richmond Fed Manufacturing Index (Nov):** Dropped to -14, underperforming the forecast of -10. - **Durable Goods Orders (Oct):** Increased by only 0.2%, below the forecast of 0.5%. - **Chicago PMI (Nov):** Dropped sharply to 40.2, well below the expected 44. While the US economy remains stronger overall, these data points highlight areas of cooling, which tempered the dollar’s momentum. Seasonality No Longer Supportive Unlike earlier in the quarter, seasonality now provides less support for AUD/USD. As the year-end approaches, seasonal patterns often shift toward favoring the US dollar due to increased demand for liquidity and a cautious risk environment. This shift adds another layer of resistance for the Australian dollar, which typically performs better during periods of stronger global growth sentiment. Conclusion AUD/USD is in a unique position as both currencies are supported by strong fundamentals. While the Australian dollar benefits from steady domestic conditions and inflationary pressures, the US dollar is bolstered by robust economic performance and higher interest rates. However, signs of cooling in the US economy, as reflected in recent data, have given the AUD a short-term advantage. With seasonality no longer providing support, the pair’s near-term trajectory will depend on further macroeconomic developments and risk sentiment shifts. What are your thoughts on AUD/USD? Could the Australian dollar take the lead, or will the US dollar maintain its upper hand? Share your insights in the comments!
by InvestMate
AUDUSD-The first interest rate cut is postponed until next year?The AUDUSD currency pair is below the EMA200 and EMA50 in the 4H timeframe and is moving in its downward channel. In case of a valid failure of the channel ceiling, we can see the supply zones and sell within those zones with the appropriate risk reward. The loss of the drawn support range will pave the way down for this currency pair. The Australian government’s plan to reform the central bank by splitting its board into two divisions is close to becoming law.Prime Minister Anthony Albanese’s administration is pushing through dozens of bills in the Senate during the final parliamentary session of the year to implement these major reforms. In this process, the government and the minority Green Party reached a last-minute agreement to revive stalled legislation. Previous negotiations had failed because the Greens demanded an immediate interest rate cut by Treasurer Jim Chalmers, which critics argued could undermine the central bank’s independence. Now, with sufficient political support, these long-awaited reforms are set to be enacted soon, potentially reshaping Australia’s monetary and economic policies. Australia’s four major banks—ANZ, Commonwealth Bank, National Australia Bank, and Westpac—have adjusted their forecasts for when the Reserve Bank of Australia (RBA) will make its first interest rate cut. Westpac and NAB now expect this to occur in May 2025, while CBA and ANZ continue to anticipate a February 2025 cut, albeit with caution. The next RBA meeting is scheduled for December 9–10, 2024. S&P Global Ratings, in its outlook for the global economy in Q1 2025, stated, “Risks are increasing as the new U.S. administration’s policies are likely to heighten inflationary pressures and tighten financial conditions.” The agency predicts global GDP growth of about 3% in 2025, with U.S. economic growth dropping below 2% and China moving toward 4% growth. According to Bloomberg, economists anticipate that China’s exports will hit a record high this year as international customers place orders early to avoid potential tariffs threatened by Trump. Meanwhile, Australia, known as a safe haven for heavy-duty pickup trucks, is set to experience its most significant automotive shift in years, with new models arriving, including the first off-road hybrid vehicle from China’s BYD. Australia, famous for its love of SUVs and petrol-fueled pickups, remains one of the laggards in adopting electric vehicles. According to the Australian Automobile Association, EV sales in Q3 dropped by 25% compared to Q2, accounting for just 6.6% of the market—the lowest share since 2022. However, the arrival of new hybrid models like the BYD Shark 6 could transform Australia’s automotive market and boost demand for electric and hybrid vehicles. Meanwhile, a spokesperson for China’s Ministry of Commerce reiterated the country’s opposition to unilateral U.S. tariffs. He urged the U.S. to adhere to World Trade Organization (WTO) rules and emphasized that imposing tariffs would not solve America’s economic challenges. China’s stance against unilateral tariff increases, including those threatened by Trump, remains consistent. On the other hand, the U.S. economy grew at a robust pace in Q3, primarily driven by a significant surge in consumer spending as inflation continued to ease. GDP rose at an annual rate of 2.8% during this period. Consumer spending, the primary engine of economic growth, increased by 3.5%, marking the highest rate this year. According to the GDPNow model, the real GDP growth rate (seasonally adjusted annual rate) for Q4 2024 was revised to 2.7% on November 27, up from 2.6% on November 19. Following the release of the U.S. Bureau of Economic Analysis’ Personal Income and Outlays report, real personal consumption expenditures growth for Q4 was revised upward from 2.8% to 3.0%.
Short
by Ali_PSND
AUDUSD - Short Trade IdeaThis is a short idea on AUDUSD. I'm anticipating lower prices towards a higher timeframe ascending trendline, after price took out buyside liquidity from a descending trendline and then displacing lower. The trendline in the image is one isolated to around these timeframes, and not the HTF narrative. Besides that, I'm basing it off a Daily iFVG and Daily -OB. First target is the most recent low that price made. Stoploss at immediate swing high, but completely possible for price to come up during a high impact news event to take out the buyside liquidity above. Either a sweep, or this idea is completely wrong. Good luck and safe trading. - R2F
Short
by Road_2_Funded
2
AUD/USD: Consolidation Amid Strength in Both CurrenciesAUD/USD: Consolidation Amid Strength in Both Currencies The AUD/USD pair remained relatively steady last week, consolidating as both the Australian dollar (AUD) and the US dollar (USD) stood out as some of the strongest currencies in the forex market. While both currencies are supported by robust fundamentals, differing factors drive their respective strengths, creating an interesting dynamic for the pair. Strength in the Australian Dollar The Australian dollar’s strength stems from the Reserve Bank of Australia’s (RBA) ability to maintain its current monetary policy. With interest rates at 4.35%, the RBA faces less urgency to implement sharp rate cuts, supported by: - GDP Annual Growth Rate: Australia’s economy is growing at 1.00% annually, showing moderate but steady expansion. - Inflation and Employment: Relatively high inflation and low unemployment provide the central bank room to hold rates steady, balancing growth with price stability. These factors position the AUD as one of the more stable and attractive currencies among major forex pairs. The Resilient US Dollar On the other hand, the US dollar remains strong, bolstered by robust economic data and the Federal Reserve’s stance on interest rates: - Initial Jobless Claims (Nov. 16): Better-than-expected at 213K, indicating a healthy labor market. - S&P Global Services PMI Flash (Nov.): Surprising to the upside at 57.0, reflecting strong activity in the services sector. With US interest rates at 4.75%, higher than Australia’s, and diminishing prospects of immediate rate cuts, the USD continues to attract global capital. However, the dollar’s strength is moderated by seasonal trends and risk-on sentiment, which tend to favor higher-yielding and riskier assets like the AUD. Key Event Ahead for the AUD The most significant event for the Australian dollar this week will be the release of the Monthly CPI Indicator (October) on Wednesday. The market is anticipating a reading of 2.3%, which will provide crucial insight into inflation trends and the RBA’s potential policy direction. A higher-than-expected result could further strengthen the AUD by reducing expectations of future rate cuts. Seasonality and Risk-On Sentiment Seasonal patterns and a supportive risk-on sentiment are also aiding the AUD/USD pair. Investors’ appetite for riskier assets typically benefits the Australian dollar, which is closely tied to global growth and commodity markets. Conclusion AUD/USD is in a unique position as both currencies are supported by strong fundamentals. While the Australian dollar benefits from steady domestic conditions and inflationary pressures, the US dollar is bolstered by robust economic performance and higher interest rates. The upcoming inflation report in Australia will likely set the tone for the AUD’s near-term trajectory, while broader market sentiment and seasonal trends could favor continued consolidation or moderate gains in the pair. What are your thoughts on AUD/USD? Could the Australian dollar take the lead, or will the US dollar maintain its upper hand? Share your insights in the comments!
Long
by InvestMate
1
Bearish drop?The Aussie (AUD/USD) is rising towards the pivot which acts as a pullback resistance and could drop to the pullback support. Pivot: 0.6557 1st Support: 0.6442 1st Resistance: 0.6645 Risk Warning: Trading Forex and CFDs carries a high level of risk to your capital and you should only trade with money you can afford to lose. Trading Forex and CFDs may not be suitable for all investors, so please ensure that you fully understand the risks involved and seek independent advice if necessary. Disclaimer: The above opinions given constitute general market commentary, and do not constitute the opinion or advice of IC Markets or any form of personal or investment advice. Any opinions, news, research, analyses, prices, other information, or links to third-party sites contained on this website are provided on an "as-is" basis, are intended only to be informative, is not an advice nor a recommendation, nor research, or a record of our trading prices, or an offer of, or solicitation for a transaction in any financial instrument and thus should not be treated as such. The information provided does not involve any specific investment objectives, financial situation and needs of any specific person who may receive it. Please be aware, that past performance is not a reliable indicator of future performance and/or results. Past Performance or Forward-looking scenarios based upon the reasonable beliefs of the third-party provider are not a guarantee of future performance. Actual results may differ materially from those anticipated in forward-looking or past performance statements. IC Markets makes no representation or warranty and assumes no liability as to the accuracy or completeness of the information provided, nor any loss arising from any investment based on a recommendation, forecast or any information supplied by any third-party.
Short
by ICmarkets
3
AUDUSD: Time to turn bullish again.AUDUSD is bearish on its 1D technical outlook (RSI = 41.008, MACD = -0.006, ADX = 21.063) as it has been declining since the September 30th High. Technically though it is time to turn bullish again as not only has the 1D MACD formed a Bullish Cross, but the double bottom on the 1D RSI is identical to the February 13th 2024 Low. The resulting rebound reached the 0.5 Fibonacci level before a rejection. Consequently, we are turning bullish here, aiming for the current 0.5 Fib (TP = 0.66900). See how our prior idea has worked out: ## If you like our free content follow our profile to get more daily ideas. ## ## Comments and likes are greatly appreciated. ##
Long
by InvestingScope
Heading into 38.2% Fibonacci resistance?The Aussie (AUD/USD) is rising towards the pivot which acts as an overlap resistance and could reverse to the pullback support. Pivot: 0.6543 1st Support: 0.6448 1st Resistance: 0.6596 Risk Warning: Trading Forex and CFDs carries a high level of risk to your capital and you should only trade with money you can afford to lose. Trading Forex and CFDs may not be suitable for all investors, so please ensure that you fully understand the risks involved and seek independent advice if necessary. Disclaimer: The above opinions given constitute general market commentary, and do not constitute the opinion or advice of IC Markets or any form of personal or investment advice. Any opinions, news, research, analyses, prices, other information, or links to third-party sites contained on this website are provided on an "as-is" basis, are intended only to be informative, is not an advice nor a recommendation, nor research, or a record of our trading prices, or an offer of, or solicitation for a transaction in any financial instrument and thus should not be treated as such. The information provided does not involve any specific investment objectives, financial situation and needs of any specific person who may receive it. Please be aware, that past performance is not a reliable indicator of future performance and/or results. Past Performance or Forward-looking scenarios based upon the reasonable beliefs of the third-party provider are not a guarantee of future performance. Actual results may differ materially from those anticipated in forward-looking or past performance statements. IC Markets makes no representation or warranty and assumes no liability as to the accuracy or completeness of the information provided, nor any loss arising from any investment based on a recommendation, forecast or any information supplied by any third-party.
Short
by ICmarkets
Bearish reversal?AUD/USD is rising towards the resistance level which is an overlap resistance that lines up with the 38.2% Fibonacci retracement and could drop from this level to our take profit. Entry: 0.6540 Why we like it: There is an overlap resistance level that lines up with the 38.2% Fibonacci retracement. Stop loss: 0.6598 Why we like it: There is a pullback resistance level that aligns with the 61.8% Fibonacci retracement. Take profit: 0.6453 Why we like it: There is a pullback support. Enjoying your TradingView experience? Review us! 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.
Short
by VantageMarkets
AUDUSD Sell the dead cat bounce.The AUDUSD pair gave us an excellent sell opportunity last time on our bearish signal (September 18, see chart below) as it got rejected marginally above the 1.5 year Resistance Zone and broke below both the 1D MA50 (blue trend-line) and 1D MA200 (orange trend-line): This is so far consistent with all three previous sell sequences that reached the 1D RSI oversold (30.00) barrier. If the symmetry continues to hold, then we should be expecting at least a +2.62% counter-trend rebound and then another rejection towards the 1.382 Fibonacci extension. As a result, we remain bearish on AUDUSD but need to move our Target a bit higher at 0.64500 (despite the gravity of the 2-year Higher Lows trend-line and the Support Zone) in order to match the 1.382 Fib. ------------------------------------------------------------------------------- ** Please LIKE 👍, FOLLOW ✅, SHARE 🙌 and COMMENT ✍ if you enjoy this idea! Also share your ideas and charts in the comments section below! This is best way to keep it relevant, support us, keep the content here free and allow the idea to reach as many people as possible. ** ------------------------------------------------------------------------------- 💸💸💸💸💸💸 👇 👇 👇 👇 👇 👇
Short
by TradingShot
Potential bullish bounce for the Aussie?AUD/USD is falling towards the support level which is a pullback support that is slightly below the 78.6% Fibonacci retracement and could bounce from this level to our take profit. Entry: 0.6544 Why we like it: There is a pullback support level that is slightly below the 78.6% Fibonacci retracement. Stop loss: 0.6508 Why we like it: There is a pullback support level. Take profit: 0.6597 Why we like it: There is a pullback resistance level that aligns with the 38.2% Fibonacci retracement. Enjoying your TradingView experience? Review us! 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.
Long
by VantageMarkets