AUDUSD H1 I Bullish Bounce OffBased on the H1 chart, price could make a bullish bounce off the pivot at 0.6160, which is a pullback support near the 61.8% Fibonacci retracement. This level is expected to act as a key reversal point in the bullish setup.
Our take profit is set at 0.6221, targeting the next significant resistance level, just above the recent swing high.
The stop loss is set at 0.6130, below a swing low support, allowing room for price fluctuations while maintaining protection against an invalidation of the bullish bias.
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AUDUSD
AUD/USD Analysis, Key Points, and Trading PlanKey Points:
Strong Support/Resistance: .63000
1 Hour Breakthrough & Retest Point: .61800
Next Target: .60000
AU is overall bearish in a trading range of .63000-.60000
We can potentially see a retest to .61800 before seeing more bearish momentum.
I will keep you updated on new information given throughout the week.
Potential bullish rise?AUD/USD has reacted off the support level which aligns with the 127.2% Fibonacci extension and could rise from this level to our take profit.
Entry: 0.6141
Why we like it:
There is a support level at the 127.2% Fibonacci extension.
Stop loss: 0.6102
Why we like it:
There is a support level at the 1612.8% Fibonacci extension.
Take profit: 0.6198
Why we like it:
There is a pullback resistance level that aligns with the 38.2% Fibonacci retracement.
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AUDUSD: RSI moves into oversold levelsThe AUDUSD has experienced a consistent decline of over 3% in the past month. This is primarily due to the growing strength of the U.S. dollar as the next Fed decision approaches (January 29), where interest rates are expected to remain stable at 4.5%.
Bearish Channel: Since October 4, 2024, a solid bearish channel has been maintained, with the price reaching a low of 0.61308. However, to further confirm bearish momentum, it is almost essential to break through the next key support level at 0.60151.
RSI: Currently, the RSI line is oscillating below the 30 level , indicating significant oversold conditions, where bearish momentum has taken over the market with greater intensity. Additionally, higher lows on the RSI and lower lows on the price have created a bullish divergence.
Both events in the indicator may signal the emergence of potential short-term bullish corrections as short positions ease near support zones.
Key Levels:
0.62369: A nearby resistance level that has acted as a point of neutrality in recent oscillations and coincides with the upper boundary of the current bearish channel. Breaks above this level could bring back buying momentum and challenge the current bearish formation on the chart. This level is crucial to monitor for potential short-term bullish corrections.
0.60151: A key support level and the closest barrier for bearish positions. Breaks below this level could mark a new price low and further consolidate the strength of the current bearish channel.
By Julian Pineda, CFA - Market Analyst
AUD/USD stabilizes after post-NFP slideThe Australian dollar has started the week quietly. In the North American session, AUD/USD is trading at 0.6151, up 0.07% at the time of writing. Earlier, the Australian dollar fell as low as 0.6130, its lowest level since April 2020.
It was another rough week for the Australian dollar, which declined 1.7% last week. The Aussie can't find its footing and has plunged 10.4% in the past three months.
Strong US nonfarm payrolls sends Aussie tumbling
The week ended with a surprisingly strong US jobs report. In December, the economy added 256 thousand jobs, the most since March 2024. This followed a downwardly revised 212 thousand in November and easily beat the market estimate of 160 thousand. The unemployment rate eased to 4.1%, down from 4.2% in November. Wage growth also ticked lower, from 4% y/y to 3.9% and from 0.4% to 0.3% monthly.
The upshot of the jobs report is that the US labor market remains solid and is cooling slowly. For the Federal Reserve, this means there isn't much pressure to lower interest rates in the next few months. That will suit Fed policy makers just fine as it awaits Donald Trump, who has pledged tariffs against US trading partners and mass deportations of illegal immigrants. Either of those policies could increase inflation and the Fed will try to get a read of the Trump administration before cutting rates again. The latest Fed forecast calls for only two rate cuts in 2025 but that could change, depending on inflation and the strength of the labor market.
The strong employment numbers boosted the US dollar against most of the majors on Friday and the Australian dollar took it on the chin, falling 0.8%, its worst one-day showing in three weeks. With interest rates likely on hold in the near-term and and high tensions in the Middle East, the safe-haven US dollar should remain attractive to investors in the coming months.
AUD/USD tested resistance at 0.6163 earlier. Above, there is resistance at 0.6188
0.6121 and 0.6096 are providing support
Market Analysis: AUD/USD Under Fire, Deeper Losses Ahead?Market Analysis: AUD/USD Under Fire, Deeper Losses Ahead?
AUD/USD declined below the 0.6350 and 0.6250 support levels.
Important Takeaways for AUD/USD Analysis Today
- The Aussie Dollar started a fresh decline from well above the 0.6300 level against the US Dollar.
- There is a connecting bearish trend line forming with resistance at 0.6175 on the hourly chart of AUD/USD at FXOpen.
AUD/USD Technical Analysis
On the hourly chart of AUD/USD at FXOpen, the pair struggled to clear the 0.6300 zone. The Aussie Dollar started a fresh decline below the 0.6250 support against the US Dollar.
The pair even settled below 0.6220 and the 50-hour simple moving average. There was a clear move below 0.6200. A low was formed at 0.6139 and the pair is now consolidating losses. On the upside, an immediate resistance is near the 0.6175 level.
There is also a connecting bearish trend line forming with resistance at 0.6175. It is close to the 23.6% Fib retracement level of the downward move from the 0.6288 swing high to the 0.6139 low.
The next major resistance is near the 0.6210 zone or the 50% Fib retracement level of the downward move from the 0.6288 swing high to the 0.6139 low, above which the price could rise toward 0.6290. Any more gains might send the pair toward the 0.6320 resistance.
A close above the 0.6320 level could start another steady increase in the near term. The next major resistance on the AUD/USD chart could be 0.6400.
On the downside, initial support is near the 0.6140 zone. The next support sits at 0.6120. If there is a downside break below 0.6120, the pair could extend its decline. The next support could be 0.6050. Any more losses might send the pair toward the 0.6000 support.
This article represents the opinion of the Companies operating under the FXOpen brand only. It is not to be construed as an offer, solicitation, or recommendation with respect to products and services provided by the Companies operating under the FXOpen brand, nor is it to be considered financial advice.
Weekly FOREX Forecast Jan 13, 2025This is an outlook for the week of Jan 13-17th.
In this video, we will analyze the following FX markets:
USD Index
EURUSD
GBPUSD
AUDUSD
NZDUSD
CAD, USDCAD
CHF, USDCHF
JPY, USDJPY
The USD is still strong, so no reason to sell in the near term. With price at Monthly and Weekly
Supply levels, we have to proceed with caution in the near term. The bias is still bullish until the market gives us a HTF bearish break of structure.
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Ghost Traders FX AUD/USD HTF Reversal [LONG]
My analysis for the coming weeks/months for AUD/USD.
Right now, I see max fear in the markets for AUD, overwhelming bearish sentiment & no momentum in big money adding to short positions in recent COT reports.
When profit taking begins on these short positions, you will see huge volatility back to the upside.
When exactly this may occur, is anyone's guess.
The previous monthly candle did not grab liquidity on it's retracement, signalling to me that the major HTF liquidity pull to the downside we've just witnessed, as it does historically, will be met with a similar size pull back the other way.
All major recent HTF lows that may have had long liquidity resting in these regions for both Retail & Institutional money has been absorbed, leading me to believe we're now entering an accumulation phase at these discount prices on AUD/USD.
There's a fair few hints in the candle structure across all timeframes from the 4H, to the Monthly, if you know what to look for.
Best of luck to Longers, and Shorters, like I always say, there is no point in crying or reacting to people with opposing viewpoints, as more likely than not, their analysis has 0 bearing on what your analysis is.
Both sides can make money - relax!
Wishing you all success in these critical times for this pair & the global economy in general.
EURAUD - Start 2025 with a BIG Win!EURAUD has given us a fantastic opportunity to get in at the very start of a BIG move.
We are currently in an ABC correction. We'e completed waves A and B and now currently in wave C. We're expecting 5 waves from wave C and looks as if we've completed wave 1 and currently in wave 2. We're looking to catch the rest of the move on the break of the trendline.
Trade Idea:
- Safe entry on break of trendline
- Riskier entry within the fibs or anywhere below invalidation
- stops above invalidation
- Targets: 1.6 (700pips), 1.156 (1100pips)
- Taper as we move lower
What do you guys think?
Goodluck and as always, trade safe!
AUD/USD Is Crashing—Don’t Miss This Massive Opportunity!In this analysis, we dive deep into the AUD/USD pair, highlighting its ongoing bearish momentum and key levels to watch. Starting from the monthly timeframe, we explore the AUD’s struggles against the USD, identifying a strong bearish close in December and potential continuation downward.
Key Highlights:
• The Aussie Dollar has been in a 14-week downtrend , with the .6130 support level now in focus.
• On the H4 timeframe , we’re looking for a pullback to areas like .6180 or a liquidity sweep around .6200 for potential sell opportunities.
• Why the USD matters: The Dollar Index (DXY) shows bullish strength with strong volume increases, higher highs, and key resistance levels broken. These indicate continued pressure on AUD/USD.
Expectations:
• A potential break of the .6130 support level with further bearish movement as the USD strengthens.
• Watch for reactions at key levels and pullbacks before entering short positions.
If this breakdown was helpful, boost the post, share it with your trading circle, and let us know in the comments what pair you’d like analyzed next. Let’s keep dominating the markets! 💼📊
#AUDUSD #ForexAnalysis #TradingInsights #DXY
AUDUSD Selling 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 on AUDUSD 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
AUDUSD WEEKLY FORECAST : SHORT | SELL (W/B: 13/01/25)AUDUSD will keep on being bearish for a very long time. If we take a look at the weekly - the lowest prices haven’t been swept as of yet - price needs to attack those. Price will re enter the new range it has created. Whether or not the range stays as so, that will be confirmed by Monday market close, however one thing that we can say 100% is that the high of 0.63015 is protected.
As it stands RR is 2.5, it may get bigger once range is fully confirmed.
N.B.: This is not financial advice. Trade safely and with caution.
AUD/USD SellThe bearish trend on AUD/USD continues to dominate, as the pair has successfully broken a key support level around 0.6320. This breakdown confirms the strength of the bearish momentum, with USD gaining further strength across the board due to positive macroeconomic factors.
Key Points:
Trend: Bearish.
Broken Support: The price has breached the critical 0.6320 support, turning it into a resistance level.
Fundamental Outlook: USD strength is supported by robust economic data, adding downward pressure on AUD/USD.
Expectation:
Further downside is likely, with potential targets around 0.6044, 0.5941, and 0.5795 in the medium term.
Traders should monitor for any retracements toward the resistance zone, which could offer fresh selling opportunities.
AUDUSD Long Term Selling 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
AUDUSD Is Trading Under The Pressure Of A Strong DXYHey Traders, in today's trading session we are monitoring AUDUSD for a selling opportunity around 0.61900 zone, AUDUSD is trading in a downtrend and currently is in a correction phase in which it is approaching the trend at 0.61900 support and resistance area.
Trade safe, Joe.
Where is AUDUSD Headed Now - Fxdollars - {10/01/2025}Updating my previous Idea, Let's see how it goes.
Educational Analysis says AUDUSD may move UP or DOWN from this range, according to my technical.
Broker - FXCM
AUD & EURO are the two currencies that have been getting stronger against USD for months in this range, It finally did liquidity has taken out on buy-side orders to show a sign of a downtrend, and I am looking to counter-trend this position.
If this continues, AUDUSD will be around 0.35 from early 2027 to 2030.
Let's see what this pair brings to the table for us in the future.
Please check the comment section to see how this turned out.
DISCLAIMER:-
This is not an entry signal. THIS IS ONLY EDUCATIONAL PURPOSE ANALYSIS.
I have no concerns with your profit and loss from this analysis.
I HAVE NO CONCERNS WITH YOUR PROFIT OR LOSS,
Happy Trading, Fx Dollars.
AUDUSD FUTURE PROJECTION AUDUSD was quite interesting- I did expect it to buy due to the bullish week it has had, however in hindsight, seeing how both GU and EU moved this week, I can see why it too wasn’t bullish. With that being said, I’m expecting a further break downwards. Once it does, I expect it to pull back once more to complete the sell and take out the most recent weekly low.
Another interesting point to note is that there was a further lower price level (Weekly) which wasn’t as recent as the aforementioned price point. Price CAN seek that low - that’s something to also look out for.
N.B.: This is not financial advice. Trade safely and with caution.
AUD/USD Analysis: Exchange Rate Holds at a 56-Month LowAUD/USD Analysis: Exchange Rate Holds at a 56-Month Low
As seen on the AUD/USD chart, yesterday the exchange rate fell below the level of 0.618 Australian dollars per 1 US dollar. The last time the Australian dollar was this weak was in April 2020, during the global spread of the coronavirus.
The decline followed the release of inflation data from Australia earlier this week. According to Bloomberg:
→ Overall annual inflation accelerated to 2.3%, up from 2.1% previously.
→ The trimmed mean core inflation (which smooths volatile items and is closely monitored by the Reserve Bank) slowed to 3.2%, down from 3.5%.
→ Traders are pricing in a 70% chance of a 25 basis point rate cut in February from the current 4.35% (a 13-year high).
Technical analysis of the AUD/USD chart shows that, despite the exchange rate being within the current downtrend (shown in red on the chart), there are grounds for bulls to remain hopeful, as:
→ The RSI indicator points to a divergence, which can be interpreted as weakening selling pressure.
→ Although the median line of the channel has acted as resistance (marked by a red arrow), the sharp rise in the first days of 2025 suggests that demand forces are gaining momentum.
Thus, it’s possible that if the AUD/USD exchange rate falls back to the lower boundary of the red channel, this could attract buyers of the weakened Australian dollar.
This article represents the opinion of the Companies operating under the FXOpen brand only. It is not to be construed as an offer, solicitation, or recommendation with respect to products and services provided by the Companies operating under the FXOpen brand, nor is it to be considered financial advice.