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Aud-usd

AUDUSD Potential for Bullish Continuation | 2nd August 2022On the H4, with price moving above the ichimoku cloud and going along the ascending trend channel, we have a bullish bias that price will rise from the buy entry at 0.70538, where the 61.8% fibonacci retracement is to the take profit at 0.71534 at the swing high and 78.6% fibonacci retracement. Alternatively, price may reverse off buy entry and drop to the stop loss at 0.68970 at 38.2% fibonacci retracement. 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, as general market commentary, and do not constitute investment advice. The market commentary has not been prepared in accordance with legal requirements designed to promote the independence of investment research, and it is therefore not subject to any prohibition on dealing ahead of dissemination. Although this commentary is not produced by an independent source, FXCM takes all sufficient steps to eliminate or prevent any conflicts of interest arising out of the production and dissemination of this communication. The employees of FXCM commit to acting in the clients' best interests and represent their views without misleading, deceiving, or otherwise impairing the clients' ability to make informed investment decisions. For more information about the FXCM's internal organizational and administrative arrangements for the prevention of conflicts, please refer to the Firms' Managing Conflicts Policy. Please ensure that you read and understand our Full Disclaimer and Liability provision concerning the foregoing Information, which can be accessed on the website.
Long
by Rockqet
AUDUSD looking up 🦐AUDUSD on the 4h chart after a downtrend that started from the 0.7600 level reached the weekly support at the 0.67500 area and bounced over it. The market after a couple of attempts to break the support area started a retracement to the upside and broke the 0.68500 zone. How can i approach this scenario? I will wait fro a clear break of the 0.7000 resistance and in that case i will look for a nice long entry according to the Plancton's strategy rules. ––––– Follow the Shrimp Keep in mind. 🟣 Purple structure -> Monthly structure. 🔴 Red structure -> Weekly structure. 🔵 Blue structure -> Daily structure. 🟡 Yellow structure -> 4h structure. ⚫️ Black structure -> <4h structure. Here is the Plancton0618 technical analysis , please comment below if you have any question. The ENTRY in the market will be taken only if the condition of the Plancton0618 strategy will trigger
Long
by InkyGrip
AUDUSD Potential for Bullish Continuation | 1st August 2022On the H4, with price moving above the ichimoku cloud and going along the ascending channel, we have a bullish bias that price will rise from the buy entry at 0.69916 to the take profit at 0.70316 at the swing high. Alternatively, price may reverse off buy entry and drop to the stop loss at 0.68970 at 38.2% fibonacci retracement. Take note if the price breaks the take profit, it may rise to the resistance at 0.70663, which is in line with the swing high. 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, as general market commentary, and do not constitute investment advice. The market commentary has not been prepared in accordance with legal requirements designed to promote the independence of investment research, and it is therefore not subject to any prohibition on dealing ahead of dissemination. Although this commentary is not produced by an independent source, FXCM takes all sufficient steps to eliminate or prevent any conflicts of interest arising out of the production and dissemination of this communication. The employees of FXCM commit to acting in the clients' best interests and represent their views without misleading, deceiving, or otherwise impairing the clients' ability to make informed investment decisions. For more information about the FXCM's internal organizational and administrative arrangements for the prevention of conflicts, please refer to the Firms' Managing Conflicts Policy. Please ensure that you read and understand our Full Disclaimer and Liability provision concerning the foregoing Information, which can be accessed on the website.
Long
by Rockqet
AUDUSD 4hour Analysis July 31st, 2022AUDUSD Bullish Idea Weekly Trend: Bearish Daily Trend: Bullish 4Hour Trend: Bullish Trade scenario 1: Price action is very bullish and is currently resting near 0.70000, a major zone. One likely scenario is that bullish momentum continues. Look for a break of 0.70000 with a higher low above. Trade scenario 2: For us to consider AU bearish we first need to see a break of 0.69500 support with a lower high below. Look to target lower toward 0.68500.
Long
by ForexLeague
Stalling momentum indicates a turnaround is possible on AUDUSDAUDUSD - Intraday - We look to Sell at 0.7005 (stop at 0.7050) Daily signals for sentiment are at overbought extremes. Although the bulls are in control, the stalling positive momentum indicates a turnaround is possible. This is negative for short term sentiment and we look to set shorts at good risk/reward levels for a further correction lower. Preferred trade is to sell into rallies. Our profit targets will be 0.6875 and 0.6680 Resistance: 0.7170 / 0.7430 / 0.7660 Support: 0.6915 / 0.6680 / 0.6540 Risk Disclaimer The trade ideas beyond this page are for informational purposes only and do not constitute investment advice or a solicitation to trade. This information is provided by Signal Centre, a third-party unaffiliated with OANDA, and is intended for general circulation only. OANDA does not guarantee the accuracy of this information and assumes no responsibilities for the information provided by the third party. The information does not take into account the specific investment objectives, financial situation, or particular needs of any particular person. You should take into account your specific investment objectives, financial situation, and particular needs before making a commitment to trade, including seeking advice from an independent financial adviser regarding the suitability of the investment, under a separate engagement, as you deem fit. You accept that you assume all risks in independently viewing the contents and selecting a chosen strategy. Where the research is distributed in Singapore to a person who is not an Accredited Investor, Expert Investor or an Institutional Investor, Oanda Asia Pacific Pte Ltd (“OAP“) accepts legal responsibility for the contents of the report to such persons only to the extent required by law. Singapore customers should contact OAP at 6579 8289 for matters arising from, or in connection with, the information/research distributed.'
Short
by OANDA
AUDUSD Potential for bullish momentumOn the H4, with price moving above the ichimoku cloud and breaking out of the descending trend channel and moving in an ascending support, we have a bullish bias that price will rise to the buy entry at 0.69885 at the overlap resistance in line with the 78.6% fibonacci retracement. Once there is upside confirmation of price breaking entry structure, we would expect bullish momentum to carry price to the take profit at 0.70677 at the swing high resistance. Alternatively, price may reverse off entry structure and drop to the stop loss at 0.68966 at the pullback support. Please be advised that the information presented on TradingView is provided to Vantage (‘Vantage Global Limited’, ‘we’) by a third-party provider (‘Signal Centre’). 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 Signal Centre.
Long
by VantageMarkets
AUDUSD 4hour Analysis July 25th, 2022AUDUSD Bullish Idea Weekly Trend: Bearish Daily Trend: Bullish 4Hour Trend: Bullish Trade scenario 1: AU is looking very bullish since we broke back above our daily 0.68500 zone. Going into this week price action is strongly suggesting we will continue bullish so either price action will rally from where it is now and shoot higher toward 0.70000 or we will have a great opportunity to enter on a higher low (the blue trade path) Trade scenario 2: If we are to consider AU bearish again we would need to see a break back below 0.68500 with a confirmed lower high.
Long
by ForexLeague
AUD/USD Outlook (25 July 2022)The AUDUSD climbs from the support level of 0.67 following RBA Gov Lowe's comments about expecting further interest rate increases as the RBA tries to stem inflation growth. Price reached 0.6950 on Friday as the DXY weakened due to contractionary PMI data, before retracing to test the round number support of 0.69 With the hawkish AUD and dollar weakness expected to continue in the lead-up to the Federal Reserve rate decision on Thursday morning, look for further upside on the AUDUSD. The next resistance level is at 0.7050 which also coincides with the resistance of the upward channel.
Long
by JinDao_Tai
AUDUSD 4hour Analysis July 17th, 2022AUDUSD Bearish Idea Weekly Trend: Bearish Daily Trend: Bearish 4Hour Trend: Bearish Trade scenario 1: We are clearly overall bearish on AUDUSD but price action has been bouncing between 0.68000 resistance & 0.67000 support for a while. The most likely scenario is a bearish continuation. Look for strong reversals from 0.68000 to then target lower. We are technically in a range so high quality price action setups only will be considered close to 0.68000 Trade scenario 2: For us to shake the bearish trend and consider AU more bullish we would need to see a massive rally that breaks 0.68500. This is where we have significant 4hour bearish structure that needs to be broken. After a break of 0.68500 we want to see bullish structure above 0.68500 in the form of a higher low.
Short
by ForexLeague
1
AUDUSD a turn at the 0.786 🦐AUDUSD on the 4h chart after the recent low over the daily support retraced to the 0.786 Fibonacci. The price is now creating an inversion after a double test of the resistance sructure. How can i approach this scenario? I will wait for the EU market open and if the market will break below will set a nice short order according to the Plancton's strategy rules. ––––– Follow the Shrimp 🦐 Keep in mind. 🟣 Purple structure -> Monthly structure. 🔴 Red structure -> Weekly structure. 🔵 Blue structure -> Daily structure. 🟡 Yellow structure -> 4h structure. ⚫️ Black structure -> <4h structure. Here is the Plancton0618 technical analysis , please comment below if you have any question. The ENTRY in the market will be taken only if the condition of the Plancton0618 strategy will trigger
Short
by InkyGrip
AUDUSD remains under pressure, lower prices expectedAUDUSD - Intraday - We look to Sell at 0.6840 (stop at 0.6890) Buying pressure from 0.6730 resulted in prices rejecting the dip. The current move higher is expected to continue. The bias is still for lower levels and we look for any gains to be limited. We therefore, prefer to fade into the rally with a tight stop in anticipation of a move back lower. Our profit targets will be 0.6700 and 0.6540 Resistance: 0.6970 / 0.7130 / 0.7230 Support: 0.6540 / 0.6000 / 0.5845 Risk Disclaimer The trade ideas beyond this page are for informational purposes only and do not constitute investment advice or a solicitation to trade. This information is provided by Signal Centre, a third-party unaffiliated with OANDA, and is intended for general circulation only. OANDA does not guarantee the accuracy of this information and assumes no responsibilities for the information provided by the third party. The information does not take into account the specific investment objectives, financial situation, or particular needs of any particular person. You should take into account your specific investment objectives, financial situation, and particular needs before making a commitment to trade, including seeking advice from an independent financial adviser regarding the suitability of the investment, under a separate engagement, as you deem fit. You accept that you assume all risks in independently viewing the contents and selecting a chosen strategy. Where the research is distributed in Singapore to a person who is not an Accredited Investor, Expert Investor or an Institutional Investor, Oanda Asia Pacific Pte Ltd (“OAP“) accepts legal responsibility for the contents of the report to such persons only to the extent required by law. Singapore customers should contact OAP at 6579 8289 for matters arising from, or in connection with, the information/research distributed.'
Short
by OANDA
Double Top Pattern On AUD/USD - 4 Hour Hi Traders, Happy Tuesday. Today we are looking at AUD/USD Before we get into it, can we all just acknowledge the fact that the Euro and the US Dollar is officially one-to-one. The last time this was seen was in 2002. Twenty years ago. It's quite something to see. We are living in interesting times. The DXY is still rocketing upwards. Other markets are falling. As a trader, we love volatility right. That’s our bread and butter. And because we trade constantly, we’re the first people to see these moves before the rest of the world finds out. I think we should remember not to take this ability for granted. You’ve worked hard to be where you are and thankfully if you are a consistently profitable day trader, then you can take advantage of price swings like this. The rest of the world cant. So, let's remember to be grateful every day. Ok, let's move on to AUD/USD We are on the 4-hour time frame. The price has been bearish and still is. However, we may have a Double top playing out in this time frame. As you can see I have placed two arrows indicating where the tops are. I have also highlighted the neckline in yellow. The price moved straight through this neckline and is currently sitting way below it. We have very strong bearish volume at the same time. So what I would like to see is the price slowly come back up to the neckline, which is also the previous Support flipped resistance. This is a zone that has a lot of interest so I'm happy with it being a neckline zone. Moving to Volume, we have seen nothing but bearish volume, but what I would like to see with that possible retrace up to the neckline, is bullish volume, but we don’t want overpowering bullish volume with the retrace because that could indicate a possible reversal and we would most likely be stopped out. So we want to see bullish volume lower than this previous impulsive bearish volume we have been seeing. Moving to the MACD, we have divergence across the two tops of the Double Top. We can see this on the Histogram. Buyers were weakening and this just confirms our bearish bias because as we are trading with the trend remember. So we are looking for opportunities to go short. So on that note, let's watch and see what happens. I will be seeing you all on the next one. Hope you all have a great day! The Vortex Trader
Short
by TheVortexTrader
2
AUDUSD 1330 PIP LONG!AUDUSD LONG Why are we entering? - Expecting AUD strength and USD weakness - We have completed our bullish corrective wave and we are now at point C & our 1.272 fibonacci level where we are expecting a bullish impulse - We have completed our 5 subwaves down to our channel support where we are expecting strength What are we waiting for to happen? - Price to reject our 1.272 fibonacci level zone - Rejection of structure level Entry SAFE Entry: Rejection of structure level & 1.272 fib level zone with a break of descending WFB trendline Risk Entry 1: Rejection of structure level & 1.272 fib level zone Risk Entry 2: Early break of descending WFB trendline What is our confirmation? - Rejection of fibonacci, structure level and channel support - Break of WFB trendline Once entered, where will our Stoploss be? - Below the structure (above 0.674) 30 pips - Move SL to BE after running 30 pips Where do we take profits? - Secure profit multiple times along the way (30 pips, 60 pips, 120 pips, 200 pips) - First TP - Structure level : 0.726 (490pips) - Final TP - Structure level : 0.81 (1330pips)
Long
by Pips-Collector
2