Get started

AUDUSD

AUD/USD - Bearish Opportunity with Head and Shoulder PatternThe AUD/USD currency pair has recently exhibited a classic Head and Shoulder pattern, indicating potential bearish momentum. The price has broken below the neckline, which previously served as a strong support and trendline. Currently, the price is testing a key support level, suggesting a possible retracement from this area. Chart Pattern Analysis: The Head and Shoulder pattern typically signals a trend reversal, and the recent break below the neckline confirms this bearish sentiment. The neckline break indicates strong selling pressure, and the price action is now testing a critical support level. Fibonacci Retracement Analysis: The potential retracement aligns with the 50% to 61.8% Fibonacci retracement levels, providing a confluence of resistance around this area. This enhances the likelihood of a bearish trend continuation, also aligned with the trendline that has turned into a resistance zone. Trade Setup: Entry Point: Near 0.67100 (re-test of the trendline and resistance area) Stop Loss: Near 0.67450 (above the resistance zone to manage risk) Take Profit Levels: TP-1: 0.66750 TP-2: 0.66400 TP-3: 0.66050 Conclusion: Given the technical analysis, the AUD/USD pair presents a potential short-selling opportunity upon a retracement to the resistance zone. The alignment of the trendline, resistance, and Fibonacci levels provides a high-probability trade setup. Traders should consider entering near 0.67100 with a stop loss at 0.67450 and targeting the take-profit levels as specified. Note: As always, traders should conduct their own analysis and consider market conditions and risk management strategies before entering any trades.
Short
by trading_jupiter
AUDUSD Trading Plan - 21/Jul/2024Hello Traders, Hope you all are doing good!! I expect AUDUSD to react from the highlighted zone. The Up move is expected to be just a correction. Plan to Trade: If market gives bullish reaction at zone, I am a Buyer till 0.671 area. Look for your BUY entry setups as per the above expectations. Your follow and like will be a token of appreciation. Disclaimer: This is just an idea. Please do your own analysis before opening a position. Always use SL & proper risk management. Market can evolve anytime, hence, always do your analysis and learn trade management before following any idea.
Long
by For3xScalper
AUDUSD Set To Fall! SELL! My dear subscribers, AUDUSD looks like it will make a good move, and here are the details: The market is trading on 0.6657 pivot level. Bias - Bearish Technical Indicators: Both Super Trend & Pivot HL indicate a highly probable Bearish continuation. Target - 0.6643 About Used Indicators: The average true range (ATR) plays an important role in 'Supertrend' as the indicator uses ATR to calculate its value. The ATR indicator signals the degree of price volatility. ——————————— WISH YOU ALL LUCK
Short
by AnabelSignals
1
AUDUSD Will Move Higher! Buy! Take a look at our analysis for AUDUSD. Time Frame: 1h Current Trend: Bullish Sentiment: Oversold (based on 7-period RSI) Forecast: Bullish The price is testing a key support 0.668. Current market trend & oversold RSI makes me think that buyers will push the price. I will anticipate a bullish movement at least to 0.670 level. P.S Overbought describes a period of time where there has been a significant and consistent upward move in price over a period of time without much pullback. Like and subscribe and comment my ideas if you enjoy them!
Long
by SignalProvider
1
AUDUSD to see a temporary move lower?AUDUSD - 24h expiry The primary trend remains bullish. A lower correction is expected. The hourly chart technicals suggests further downside before the uptrend returns. Preferred trade is to buy on dips. Bespoke support is located at 0.6670. We look to Buy at 0.6670 (stop at 0.6646) Our profit targets will be 0.6730 and 0.6745 Resistance: 0.6710 / 0.6730 / 0.6750 Support: 0.6670 / 0.6650 / 0.6630 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.
Long
by OANDA
AUDUSD 15MIN Chart The overall trend is down. This is because the price has been making lower highs and lower lows over time. The most recent high was around 0.70500 on June 7, 2024, and the price has been declining since then. Based on the downtrend and the recent break below the support level at 0.66500, it is possible that the price could continue to decline in the short term. It is important to remember that technical analysis is not a perfect science and there is no guarantee that the price will move in the direction that is predicted. You should always do your own research before making any investment decisions.
Short
by TopGBanks
Pullback support ahead for the Aussie?The price is falling towards the support level which is a pullback support that is slightly below the 61.8% Fibonacci retracement and could bounce from this level to our take profit. Entry: 0.6677 Why we like it: There is a pullback support level which is slightly below the 61.8% Fibonacci retracement. Stop loss: 0.6642 Why we like it: There is a pullback support level which aligns with the 88% Fibonacci retracement. Take profit: 0.6722 Why we like it: There is a pullback resistance level that lines up with the 23.6% Fibonacci retracement. 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: Bullish Indices And Potential UpsidesHey Traders, in today's trading session we are monitoring AUDUSD for a buying opportunity around 0.66600 zone, AUDUSD is trading in an uptrend and currently is in a correction phase in which it is approaching the trend at 0.66600 support and resistance area. We would also like to consider the current bullish bias on indices, due to the positive correlation AUDUSD can benefit from that. Gold is also bullish Trade safe, Joe.
Long
by JoeChampion
22
AUDUSD Will Collapse! SELL! My dear subscribers, This is my opinion on the AUDUSD next move: The instrument tests an important psychological level 0.6740 Bias - Bearish Technical Indicators: Supper Trend gives a precise Bearish signal, while Pivot Point HL predicts price changes and potential reversals in the market. Target - 0.6730 About Used Indicators: On the subsequent day, trading above the pivot point is thought to indicate ongoing bullish sentiment, while trading below the pivot point indicates bearish sentiment. ——————————— WISH YOU ALL LUCK
Short
by AnabelSignals
5
AUDUSD Bank Robbery Plan to Make MoneyMy Dear Robbers / Traders, This is our master plan to Heist AUDUSD Bank based on Thief Trading style Technical Analysis.. kindly please follow the plan I have mentioned in the chart focus on Short entry. Our target is Green Zone that is High risk Dangerous level, market is oversold / Consolidation / Trend Reversal at the level Bullish Robbers / Traders gain the strength. Be safe and be careful and Be rich. Note: 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. Stop Loss : Recent Swing High using 2h timeframe Warning : Fundamental Analysis 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 💰💵 Join your hands with US. Loot Everything in this market everyday make money easily with Thief Trading Style.
Short
by Thief_Trader
Pre-ECB rates decision analysis18th July DXY: Consolidating, could retrace to 104 resistance, test and reject to trade down to 103.50. Needs to stay below 104.20 to remain bearish NZDUSD: Buy 0.6060 SL 20 TP 50 AUDUSD: Sell 0.6715 SL 20 TP 40 USDJPY: Sell 155.55 SL 40 TP 80 GBPUSD: Buy 1.3050 SL 20 TP 90 (Hesitation at 1.3090) EURUSD: Buy 1.0930 SL 20 TP 50 (ECB decision pending) USDCHF: Sell 0.8815 SL 25 TP 85 (hesitation at 0.8780) USDCAD: Buy 1.3710 SL 20 TP 70 Gold: DXY weakness continues, price to trade higher, break 2480 could trade up to 2520
TVC:DXY
by JinDao_Tai
Could AUD/USD be getting ready to visit .6850?? - AUHere I have AUD/USD on the Daily Chart! Since price last visited the 2023/2024 Fall Support Zone making a Divergent Low @ .63623 , it has continued to move higher finding Support at a Local Support Zone! After this we see a New High @ .67141! Using the Fib Tool from Divergent Low to New High, we are given a Fib Entry Zone where Price has already corrected too! Currently, we see price is now struggling with the Fib Kill Zone! -All this Price Action is happening just under a Falling Resistance and with this much built up pressure I believe we could see price make quite a move to the UPSIDE!!! At Market Open, Price had opened WAYY above our Falling Resistance making a GAP to FILL and price has already done that! -Price now is also trading ABOVE the 200 EMA -If price can continue to stay above the Kill Zone, I believe it will have a good chance at Breaking the Local Resistance Zone and then onto the Dec. 2023 Resistance Zone @ .6850 Levels
Long
by Novi_Fibonacci
2
WEEKLY FOREX FORECAST: UPDATES!! Wed July 17thWe are updating you on the Forecasts posted for July 15-19th. Was the analysis accurate? Did we reach our targets? Was the Bias correct? USD Index, EUR, GBP, CAD, AUD, NZD, CHF, (usdcad, usdchf) SP500, Nasdaq, Crude Oil, Gold, Silver 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:6J1!
by RT_Money
AUD/USD on a 15-minute timeframeThe blue highlighted area around the 0.67253-0.67288 level represents a strong support zone. The price has tested this area multiple times and shown a tendency to bounce back from it. The current price is around 0.67288-0.67276, which is near the support zone. The resistance level is marked around 0.67547, indicating a potential target for the bullish move. The projection indicates a potential bullish move from the support zone up to the resistance level around 0.67547. This suggests an expectation of a price increase after possibly forming a base around the support. Consider entering a long position around the current price level (0.67288) or slightly lower, closer to the support zone (0.67253). Ensure proper risk management by setting stop losses and monitoring key levels for any invalidation of the bullish scenario.
Long
by TopGBanks
1