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AUDUSD

GOLD MICRO ANALYSISAnd this is what the micro view looks like. If you've not seen our precedent post on the macro view, you should check it out so you get the global scheme of the move. The red line has to be reached at some point over the next few weeks, maybe even days, because Gold has a "desert area" to cross : this is the area where there's no blue lines, which are basic KL. What we believe is that when there 's no or not enought KL, the price moves way faster, hence the green drawing.
OANDA:XAUUSDLong
by edl75
Could the Aussie bounce from here?The price is falling towards the pivot which lines up with the 50% Fibonacci retracement and could bounce to the 1st resistance. Pivot: 0.6182 1st Support: 0.6159 1st Resistance: 0.6243 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.
Long
by ICmarkets
1
AUDUSD Retest of Key breakout area at 0.62060-Fakeout or Retest.Following US CPI coming out as expected, (showing a slight uptick in inflation for December) TVC:DXY pushed back to 108.6-108.4 area: -> A rising wedge was identified on AUD/USD with an exit on the upside following CPI release. -> Aussie is trading at a key area around 0.6260, whether it will be a retest of the top of the wedge or a reclaim of this resistance and become a fakeout is still to be determined. Bulls narrative: -> Bulls see the current set up as a breakout from a wedge followed by a three leg pullback (5 min the time frame), they want a retest of 0.6260 followed by a follow through buying around 0.6260 and a reclaim of the 5 min EMA. bulls need to see follow through buying and consecutive bull bars. Previous 4H close above 0.62070 shows the market is willing to go above. Bears narrative -> After breakout there was no significant follow through buying followed by 5 consecutive bear bars on the 30 min. >A reclaim of the 0.62025 on the 4H timeframe would open the door to downside targets for at least a test of the bottom of the wedge at 0.61700. W -> Bears want weak buying around the 0.6260 and trap bulls for follow through selling and put them in a loosing trade For now, trade favors bulls with potential for upside targets around the daily 20EMA and a retest of the 0.62800 and 0.63000 area. If none of these scenarios play out in the coming hours, market will go sideways to down.
Long
by Baudoouin
2
Aussie rises after US core CPI declines to 3.2%The Australian dollar is higher for a third consecutive trading day. In the North American session, AUD/USD is trading at 0.6233, up 0.63% at the time of writing. The US inflation report for December was a mixed bag, as headline CPI rose while the core rate declined. Headline CPI rose to 2.9% y/y from 2.7% in November, matching the market estimate. Monthly, headline CPI rose to 0.4%, up from 0.3% and above the market estimate of 0.3%. The more important story was the decline in core CPI, which excludes food and energy and is more closely watched by the Federal Reserve than the headline data. Core CPI eased to 3.2% y/y in December, down from 3.3% over the past three months and below the market estimate of 3.3%.  Monthly, core CPI ticked lower to 0.2% in December, down from 0.3% a month earlier and in line with the market estimate. The decline in core CPI was small but still significant, as the core rate showed downward movement after remaining unchanged for three months. Investors responded by raising the probability of a quarter-point cut in March at 29%, up from 19% prior to the inflation release, according to CME's FedWatch. The Fed meets at the end of the month and is virtually certain to hold rates. Australia releases the December employment report early on Thursday. Australia's labor market remains solid, although the economy as a whole is struggling. Job growth increased by a strong 35.6 thousand in November, beating expectations. Will the positive trend continue? The market estimate for December stands at 15 thousand, which would mark a nine-month low. The unemployment rate has been low and fell to an eight-month low in November at 3.9%. It is expected to creep up to 4.0% in December. The Reserve Bank of Australia meets on Feb. 18 and the strength of the labor market is a key consideration in the central bank's decision-making. As long as the labor market remains solid and does not deteriorate quickly, the RBA can afford to hold off on a rate cut. If, however, the employment report is softer than expected, it would put pressure on the RBA to lower rates at next month's meeting. AUD/USD is testing resistance at 0.6231. Above, there is resistance at 0.6255 0.6189 and 0.6171 are providing support
by OANDA
Ghost Traders FX AUD/USD 4H Continuation [SHORT]Price formed a weak low @ 0.613 on Friday last week. It looks to me that most of this rally has just been big money taking profit on short positions as opposed to any real buying pressure on AUD or we would of seen a faster recovery, not a slow drip up. Price has rejected the previous 4H ranges BOS and close back below it forming strong consolidation. I'm anticipating news today sweep one last time below the low set @ 0.613, tapping into a key level used in 2020 COVID recovery and the Higher Time Frame analysis heading into full swing. Goodluck gang.
Short
by Ghost_Traders_FX
AUDUSD H1 | Bearish Reversal Based on the 4-hour chart analysis, the price is rising toward our sell entry level at 0.6221, which is a key resistance near the 127% Fibonacci extension. This level is expected to act as a potential reversal point in the bearish setup. Our take profit is set at 0.6172, an overlap support. The stop loss is set at 0.6133, below the recent swing low and a key support zone, providing room for price fluctuations while protecting against invalidation of the bearish setup. High Risk Investment Warning Trading Forex/CFDs on margin carries a high level of risk and may not be suitable for all investors. Leverage can work against you. Stratos Markets Limited (www.fxcm.com): CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. 64% of retail investor accounts lose money when trading CFDs with this provider. You should consider whether you understand how CFDs work and whether you can afford to take the high risk of losing your money. Stratos Europe Ltd, previously FXCM EU Ltd (www.fxcm.com): CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. 66% of retail investor accounts lose money when trading CFDs with this provider. You should consider whether you understand how CFDs work and whether you can afford to take the high risk of losing your money. Stratos Trading Pty. Limited (www.fxcm.com): Trading FX/CFDs carries significant risks. FXCM AU (AFSL 309763), please read the Financial Services Guide, Product Disclosure Statement, Target Market Determination and Terms of Business at www.fxcm.com Stratos Global LLC (www.fxcm.com): Losses can exceed deposits. Please be advised that the information presented on TradingView is provided to FXCM (‘Company’, ‘we’) by a third-party provider (‘TFA Global Pte Ltd’). 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 TFA Global Pte Ltd. The speaker(s) is neither an employee, agent nor representative of FXCM and is therefore acting independently. The opinions given are their own, constitute general market commentary, and do not constitute the opinion or advice of FXCM or any form of personal or investment advice. FXCM neither endorses nor guarantees offerings of third party speakers, nor is FXCM responsible for the content, veracity or opinions of third-party speakers, presenters or participants.
Short
by FXCM
AUD/USD steady as consumer sentiment slips lowerThe Australian dollar is showing little movement on Tuesday. In the European session, AUD/USD is trading at 0.6174, down 0.06% at the time of writing. The Australian consumer remains pessimistic about the economic outlook. The Westpac consumer sentiment index fell 0.7% in January from -2% in December 2024. This brought the index down to 92.1 in January, down from 92.8 a month earlier. The Westpac report found that confidence over employment has been falling and interestingly, a majority of consumers expect interest rates to move higher, despite signals that the Reserve Bank of Australia's first rate move will be a cut rather than a hike. The RBA hasn't moved on rates in over a year and the current cash rate of 4.25% continues to squeeze businesses and consumers. Australia releases third-quarter inflation on Jan. 29 and the central bank will be watching. That inflation reading could result in a historic rate cut if inflation is lower than expected. We'll get a look at the US Producer Price Index later today, with mixed numbers expected. PPI is projected to jump from 3.0% to 3.4% y/y  while decreasing monthly from 0.4% to 0.3%. Core PPI and is expected to jump to 3.8% y/y from 3.4% and from 0.2% to 03% m/m. If the PPI report indicates an acceleration as is expected, the money markets will likely lower their expectations for a rate cut. Currently, the money markets have priced in a quarter-point cut at the Jan. 29 meeting at below 3%  and at the March meeting at around 20%. Federal Reserve members are sounding hawkish and have signaled that the market shouldn't expect a rate cut anytime soon. AUD/USD tested resistance at 0.6193 earlier. Above, there is resistance at 0.6209 0.6162 and 0.6146 are providing support
by OANDA
AUD/USD steady as consumer sentiment slips lowerThe Australian dollar is showing little movement on Tuesday. In the European session, AUD/USD is trading at 0.6174, down 0.06% at the time of writing. The Australian consumer remains pessimistic about the economic outlook. The Westpac consumer sentiment index fell 0.7% in January from -2% in December 2024. This brought the index down to 92.1 in January, down from 92.8 a month earlier. The Westpac report found that confidence over employment has been falling and interestingly, a majority of consumers expect interest rates to move higher, despite signals that the Reserve Bank of Australia's first rate move will be a cut rather than a hike. The RBA hasn't moved on rates in over a year and the current cash rate of 4.25% continues to squeeze businesses and consumers. Australia releases third-quarter inflation on Jan. 29 and the central bank will be watching. That inflation reading could result in a historic rate cut if inflation is lower than expected. We'll get a look at the US Producer Price Index later today, with mixed numbers expected. PPI is projected to jump from 3.0% to 3.4% y/y  while decreasing monthly from 0.4% to 0.3%. Core PPI and is expected to jump to 3.8% y/y from 3.4% and from 0.2% to 03% m/m. If the PPI report indicates an acceleration as is expected, the money markets will likely lower their expectations for a rate cut. Currently, the money markets have priced in a quarter-point cut at the Jan. 29 meeting at below 3%  and at the March meeting at around 20%. Federal Reserve members are sounding hawkish and have signaled that the market shouldn't expect a rate cut anytime soon. AUD/USD tested resistance at 0.6193 earlier. Above, there is resistance at 0.6209 0.6162 and 0.6146 are providing support
by yesfish
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
Long
by ForexMasters2000
1
AUD/USD Downtrend Testing Post-COVID LowsChart Analysis: The AUD/USD pair remains in a persistent downtrend, with prices recently testing a critical horizontal support level near 0.6170. 1️⃣ Downtrend Line: A steep descending trendline (red line) highlights sustained bearish momentum. Price has yet to break above this line, signaling continued pressure on the downside. 2️⃣ Key Support Level: Horizontal support at 0.6170 has held so far, forming a potential base for near-term consolidation or bounce attempts. 3️⃣ Moving Averages: 50-day SMA (blue): Trending downward at 0.6386, reinforcing the bearish bias. 200-day SMA (red): Declining at 0.6589, confirming a longer-term downtrend. 4️⃣ Momentum Indicators: RSI: At 35, approaching oversold territory but not yet signaling a reversal. MACD: Bearish momentum persists as the MACD line stays negative, though slightly stabilizing. What to Watch: A decisive close below 0.6170 could trigger further downside, potentially targeting 0.6100. Conversely, a break above the descending trendline would challenge the bearish structure and open the door for recovery toward the 50-day SMA. Watch for signs of momentum divergence on the RSI as the pair nears critical support. AUD/USD remains vulnerable within its prevailing downtrend. However, the horizontal support at 0.6170 offers a focal point for traders monitoring potential breakout or breakdown scenarios. -MW
by FOREXcom
XAU/USD : Reasons for Falling! (READ THE CAPTION)In the 4-hour timeframe, we can see that after reaching $2697 and hitting all targets last Friday, gold eventually closed around the $2690 zone. Today, gold showed a bearish sentiment, dropping by over 300 pips and correcting to as low as $2664. Currently, gold is trading around $2670, and if it stabilizes below this level within the next 4 hours, further declines can be expected. Potential bearish targets are $2663, $2658.8, and $2652.5, respectively. This analysis will be updated soon, so stay tuned for a trading setup in the lower timeframes! Please support me with your likes and comments to motivate me to share more analysis with you and share your opinion about the possible trend of this chart with me ! Best Regards , Arman Shaban
OANDA:XAUUSDShort
by ArmanShabanTrading
25
Bearish drop?USD/JPY has reacted off the pivot and cold drop to the 1st support which is a pullback support. Pivot: 0.6203 1st Support: 0.6162 1st Resistance: 0.6222 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
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. High Risk Investment Warning Trading Forex/CFDs on margin carries a high level of risk and may not be suitable for all investors. Leverage can work against you. Stratos Markets Limited (www.fxcm.com): CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. 64% of retail investor accounts lose money when trading CFDs with this provider. You should consider whether you understand how CFDs work and whether you can afford to take the high risk of losing your money. Stratos Europe Ltd, previously FXCM EU Ltd (www.fxcm.com): CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. 66% of retail investor accounts lose money when trading CFDs with this provider. You should consider whether you understand how CFDs work and whether you can afford to take the high risk of losing your money. Stratos Trading Pty. Limited (www.fxcm.com): Trading FX/CFDs carries significant risks. FXCM AU (AFSL 309763), please read the Financial Services Guide, Product Disclosure Statement, Target Market Determination and Terms of Business at www.fxcm.com Stratos Global LLC (www.fxcm.com): Losses can exceed deposits. Please be advised that the information presented on TradingView is provided to FXCM (‘Company’, ‘we’) by a third-party provider (‘TFA Global Pte Ltd’). 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 TFA Global Pte Ltd. The speaker(s) is neither an employee, agent nor representative of FXCM and is therefore acting independently. The opinions given are their own, constitute general market commentary, and do not constitute the opinion or advice of FXCM or any form of personal or investment advice. FXCM neither endorses nor guarantees offerings of third party speakers, nor is FXCM responsible for the content, veracity or opinions of third-party speakers, presenters or participants.
Long
by FXCM
1
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. 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
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
by FOREXcom