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AUDUSD

AUDUSD Channel Down aiming for a bearish break out.AUDUSD is trading inside a Channel Down since September 19th. The price is currently under the MA50 (4h) and the bullish wave of the Channel Down is about to end. So far this is similar to the first bullish wave (Megaphone) that made a bearish break out on October 3rd. Trading Plan: 1. Sell on the current market price. Targets: 1. 0.64565 (Fibonacci 1.5 extension). Tips: 1. The RSI (4h) double topped and is trading under its MA. Sell signal as well. Please like, follow and comment!!
Short
by TradingBrokersView
3
AU Index Rallies from Demand Area as Bullish Sentiment GrowsThe AU Index experienced a significant development yesterday as it reached a key demand area, showing a strong rejection today that indicates potential bullish momentum. This demand zone, identified through technical analysis, has historically served as a pivotal point for price action, suggesting an opportunity for a price turnaround. With the opening candle reflecting a robust rejection of lower levels, traders are increasingly optimistic about the possibility of a bullish trend emerging in the coming months. From a technical standpoint, this demand area presents a solid foundation for potential upward movement. The absence of follow-through selling and the strength of the rejection signal that buyers are stepping in to support the price. When coupled with historical seasonality patterns, which indicate a likelihood of gains during this period, there is a compelling case for a bullish outlook on the AU Index. Historical trends suggest that this time frame has often led to price rallies, providing further confirmation for those considering long positions. On the fundamental side, the insights from the Commitment of Traders (COT) report paint an interesting picture. While retail traders are predominantly bearish, indicating a cautious sentiment among the broader market participants, the smart money narrative tells a different story. Institutional investors appear to be either bullish or in the early stages of building long positions, which can be a telling signal for future price action. This divergence between retail bearishness and institutional buying often creates an environment ripe for a market reversal, particularly as the smart money tends to lead rather than follow market trends. Given these dynamics, traders are now on the lookout for a long setup on the AU Index. Emphasizing risk management and entry strategies will be essential in this endeavor. With the price showing resilience at the demand area and fundamental signals suggesting a shift towards bullishness, there is a growing confidence that the AU Index may be poised for a sustained rally. In conclusion, the confluence of technical indicators, seasonal patterns, and the contrasting sentiments present in the COT report presents an enticing opportunity in the AU Index. As traders position themselves for potential gains, the next few sessions will be crucial in determining whether this demand area will indeed act as a launchpad for a bullish trend in the months ahead. Investors will be closely monitoring price movements, looking for confirmation to validate their long strategies in what could be an exciting period for this index. ✅ Please share your thoughts about AU in the comments section below and HIT LIKE if you appreciate my analysis. Don't forget to FOLLOW ME; you will help us a lot with this small contribution.
PEPPERSTONE:AUS200Long
by FOREXN1
4
AUDUSD Trading IdeaBased on Simple Technical Analysis ( Trendline + Support & Resistance ) Risk Disclaimer: Please be advised that I am not telling anyone how to spend or invest their money. Take all of my analysis as my own opinion, as entertainment, and at your own risk. I assume no responsibility or liability for any errors or omissions in the content of this page, and they are for educational purposes only. Any action you take on the information in this analysis is strictly at your own risk. There is a very high degree of risk involved in trading. Past results are not indicative of future returns. Good luck :-)
Short
by ShahedZare
Japan’s consumer spending slips, yen extends gainsThe Japanese yen has posted gains on Friday. In the European session, USD/JPY is trading at 152.38, down 0.36% on the day. The yen has taken traders on a roller-coaster ride this week, plunging 2% on Wednesday and rebounding on Thursday with a 1.1% gain. Japan’s household spending fell by 1.1% y/y in September, following a 1.9% drop in August. This was better than the market estimate of -2.1%. Household spending has declined in 10 of the past 12 months, as consumer confidence fell in October and inflation is relatively high. On a monthly basis, household spending decreased 1.3%, after a strong 2% gain in August. This beat the market estimate of 0.7%. The weak yen is also weighing on consumers, who are being squeezed as their purchasing power has fallen. The yen fell to three-month lows this week against the dollar and if the downswing continues, the Bank of Japan will be under pressure to respond with a rate hike. Although consumers are holding tight on the purse strings, wages have been rising and the BoJ is hopeful that will translate into increased consumer spending and demand-driven inflation. Consumer spending makes up more than half of the economy and BoJ is unlikely to make further rate hikes until it sees stronger consumer spending. The markets don’t expect a rate hike until early 2025. The Federal Reserve didn’t surprise anyone with a 25-basis point rate cut on Wednesday. This is the second cut in the easing cycle after an oversized 50-bp chop in September. The vote was unanimous and unlike the Bank of Japan, the Fed has been transparent and telegraphed its plan to cut rates ahead of the meeting. The Fed is expected to continue cutting rates in the coming meeting and will be keeping a close eye on inflation and employment reports. USD/JPY faces resistance at 153.44 and 154.17 152.16 and 151.43 are the next support levels
by OANDA
AUDUSD Will Go Up! Long! Please, check our technical outlook for AUDUSD. Time Frame: 4h Current Trend: Bullish Sentiment: Oversold (based on 7-period RSI) Forecast: Bullish The market is testing a major horizontal structure 0.664. Taking into consideration the structure & trend analysis, I believe that the market will reach 0.668 level soon. P.S The term oversold refers to a condition where an asset has traded lower in price and has the potential for a price bounce. Overbought refers to market scenarios where the instrument is traded considerably higher than its fair value. Overvaluation is caused by market sentiments when there is positive news. Like and subscribe and comment my ideas if you enjoy them!
Long
by SignalProvider
2
AUDUSD buying Trading IdeaHello Traders In This Chart AUDUSD HOURLY Forex Forecast By FOREX PLANET today AUDUSD analysis 👆 🟢This Chart includes_ (AUDUSD market update) 🟢What is The Next Opportunity onAUDCAD 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 Chart
Long
by ForexMasters2000
AUDUSD H1 -AUD Strongest Currency Against USD Weakest=UpTrend(2)This indicates which currencies are GAINING value and which currencies are LOSING value. As a result, we see which pairs to trade. By trading the currency gaining the most value against the currency losing the most value = We aspire to ride the strongest trends, obtain the highest performance, be in the safest trades and to avoid the choppy chaotic charts. --- This layout displays the Value, Performance and Pressure behind each currency. Let's break it down by panel. -- In the top panel: Indicator 'Currencies' / Settings: Performance All 8 Currencies. We see the performance of all 8 major currencies. Most recent bars: AUD (Orange line) is the strongest currency. USD (Red line) is the weakest currency. So, we bought the AUDUSD pair because both currencies are going opposite ways (AUD going up / USD going down). -- In the second panel: Indicator 'Currencies' / Settings: Pair Performance. We see the Performance of the 2 currencies of the pair on chart. The AUD (Orange line) and the USD (Red line) + the Pressure of the Pair in the background. The brighter the color in background = The higher is the performance for the pair on chart. -- In the 3rd panel: Indicator: The 'Template'. (Over 10 years in R&D to paint the chart perfectly.) Resistance was broken and retested. Resistance became support. -- In the 4th panel: Indicator 'Currencies' / Settings: Pressure. We see the Pressure behind each currencies of the pair on chart. The Higher is the line = More Upside pressure. The Lower is the line = More Downside pressure. -- 5th panel: Indicator 'Currencies' / Settings: Value of the Base currency (AUD). Displays the Value of the AUD + Intensity Background (Up/Down) 6th panel: Indicator 'Currencies' / Settings: Value of the Quote currency (USD). Displays the Value of the USD + Intensity Background (Up/Down) Strategy for 5th and 6th panels: Blue Background (One Currency Gaining Value) AGAINST Red Background (One Currency Losing Value) = Pair Trending. (If you want to learn more about this, we have recorded a video. Comment 'Video'.)
Long
by ascension
AUD/USD Maintains Strength Amid Positive Economic IndicatorsThe Australian Dollar (AUD/USD) continues to trade at elevated levels after experiencing notable gains in the previous session, predominantly fueled by the release of encouraging Purchasing Managers Index (PMI) data on Tuesday. This uptick in the currency reflects an optimistic outlook on Australia’s manufacturing and service sectors, bolstered by better-than-expected economic performance. In a significant policy decision, the Reserve Bank of Australia (RBA) has opted to maintain the Official Cash Rate (OCR) at 4.35%. This decision marks the eighth consecutive month in which the RBA has paused its rate adjustments, signaling a careful approach as the central bank navigates the complexities of the current economic landscape. Analysts speculate that the RBA is likely to hold the current rates in its upcoming policy meeting, aiming for stability amid evolving economic conditions. From a technical analysis perspective, recent price movements have indicated a rebound from key demand zones in the market, suggesting a potential shift toward a new bullish trend. Traders are paying close attention to seasonal patterns and the Commitment of Traders (COT) report, which reveals that retail investors continue to push for lower prices. This behavior often provides valuable insights into market sentiment and could indicate that a reversal may be on the horizon. The confluence of improved economic indicators, steady monetary policy, and technical analysis suggesting a bullish trend makes the AUD/USD an asset worth watching. As investors remain alert to shifts in economic data and global market conditions, the Australian Dollar could present opportunities for those looking to capitalize on potential upward momentum in the near term. In summary, the outlook for the Australian Dollar remains robust as it navigates through strong economic signals and a stable policy environment. Market participants are keenly observing developments in both the macroeconomic landscape and technical formations, which could shape trading strategies in the weeks to come. ✅ Please share your thoughts about AUD/USD in the comments section below and HIT LIKE if you appreciate my analysis. Don't forget to FOLLOW ME; you will help us a lot with this small contribution.
by FOREXN1
3
AUD/USD Analysis – 31 October 2024Following yesterday's U.S. elections, AUD/USD reached new monthly lows, touching 0.65132 after an extended bearish trend. On the 4-hour timeframe, the pair has formed a double-bottom pattern, a potential reversal signal, indicating that bullish momentum may be building. Given the current political landscape post-election, the USD could experience fluctuations as markets digest potential shifts in U.S. fiscal policy. This environment could create an opening for AUD/USD to pivot upward. With the technical setup and supportive conditions, AUD/USD appears poised for a potential rally in the coming days. Traders should monitor resistance levels closely and keep risk management strategies in place, as post-election sentiment can lead to rapid market adjustments.
Long
by TeptForex
AUDUSD Buyers In Panic! SELL! My dear friends, Please, find my technical outlook for AUDUSD below: The price is coiling around a solid key level - 0.6633 Bias - Bearish Technical Indicators: Pivot Points High anticipates a potential price reversal. Super trend shows a clear sell, giving a perfect indicators' convergence. Goal - 0.6588 Safe Stop Loss - 0.6665 About Used Indicators: The pivot point itself is simply the average of the high, low and closing prices from the previous trading day. ——————————— WISH YOU ALL LUCK
Short
by AnabelSignals
3
Weekly FOREX Forecast: USD Is Strong Vs EUR, GBP, AUD NZDThis is an outlook for the week of Nov 4 - 8th. In this video, we will analyze the following FX markets: USD Index, EUR, GBP, AUD, and NZD. Enjoy! May profits be upon you. Leave any questions or comments in the comment section. I appreciate any feedback from my viewers! Like and/or subscribe if you want more accurate analysis. Thank you so much! Disclaimer: I do not provide personal investment advice and I am not a qualified licensed investment advisor. All information found here, including any ideas, opinions, views, predictions, forecasts, commentaries, suggestions, expressed or implied herein, are for informational, entertainment or educational purposes only and should not be construed as personal investment advice. While the information provided is believed to be accurate, it may include errors or inaccuracies. I will not and cannot be held liable for any actions you take as a result of anything you read here. Conduct your own due diligence, or consult a licensed financial advisor or broker before making any and all investment decisions. Any investments, trades, speculations, or decisions made on the basis of any information found on this channel, expressed or implied herein, are committed at your own risk, financial or otherwise.
CME:6N1!
by RT_Money
6
SasanSeifi| Will the Price Continue Its Short-Term Rise?In the 4-hour timeframe, as observed, the price entered a consolidation (range) phase after correcting around the 0.65500 price zone. It then broke previous highs at 0.65950. Following this structural break, the price returned to the gap zone and, supported at the 0.65800 level, experienced positive fluctuations with slight growth, currently trading at the 0.66000 level. In the short term, it’s expected that the price could reach levels of 0.66250, 0.66450, and 0.66500, continuing this short-term upward trend toward these target zones. A possible scenario for the next price movement is that if it consolidates above 0.66000, the price may move upward in the short term towards the mentioned areas and supply zones. To assess the continuation of this uptrend and anticipate future price behaviour, it’s essential to closely monitor price reactions at these levels. Key support areas in the 4-hour timeframe include 0.65800 and 0.65650. 💢This analysis is my personal viewpoint and not financial advice. If you found this helpful, please like and comment – I’d love to hear your thoughts! Happy trading! ✌😊
Long
by SasanSeifi
AUD/USD "AUSSIE DOLLAR" Bank Money Heist Plan on Bullish Side.Ola! Ola! My Dear Robbers / Money Makers & Losers, 🤑 💰 This is our master plan to Heist AUD/USD "AUSSIE DOLLAR" Bank based on Thief Trading style Technical Analysis.. kindly please follow the plan I have mentioned in the chart focus on Long entry. Our target is Red Zone that is High risk Dangerous level, market is overbought / Consolidation / Trend Reversal / Trap at the level Bearish Robbers / Traders gain the strength. Be safe and be careful and Be rich. Entry : Can be taken Anywhere, What I suggest you to Place Buy Limit Orders in 15mins Timeframe Recent / Nearest Swing Low Stop Loss 🛑 : Recent Swing Low using 1h timeframe Attention for Scalpers : If you've got a lot of money you can get out right away otherwise you can join with a swing trade robbers and continue the heist plan, Use Trailing SL to protect our money 💰. Warning : Fundamental Analysis news 📰 🗞️ comes against our robbery plan. our plan will be ruined smash the Stop Loss. Don't Enter the market at the news update. Loot and escape on the target 🎯 Swing Traders Plz Book the partial sum of money and wait for next breakout of dynamic level / Order block, Once it is cleared we can continue our heist plan to next new target. Support our Robbery plan we can easily make money & take money 💰💵 Follow, Like & Share with your friends and Lovers. Make our Robbery Team Very Strong Join Ur hands with US. Loot Everything in this market everyday make money easily with Thief Trading Style. Stay tuned with me and see you again with another Heist Plan..... 🫂
Long
by Thief_Trader
1