AUDUSD
WEEKLY FOREX FORECAST July 8-12th: FX PAIRS UPDATES!We are updating the Weekly Forecasts for FX Pairs I posted last Saturday.
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Was the analysis accurate? Did we reach our targets?
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Bullish bounce?AUD/USD is falling towards the support level which is a pullback support that aligns with the 50% Fibonacci retracement and could bounce from this level to our take profit.
Entry: 0.6712
Why we like it:
There is a pullback support that lines up with the 50% Fibonacci retracement.
Stop loss: 0.6675
Why we like it:
There is a pullback support level.
Take profit: 0.6789
Why we like it:
There is a pullback resistance level.
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XAU/USD : First Long, Then SHORT (READ THE CAPTION)By analyzing the gold chart on the 4-hour timeframe, we observe that the price is currently trading around $2382. In a few minutes, we will have CPI statistics, and if these figures exceed the predicted rate, it could lead to a decline in gold prices or vice versa! Possible scenarios include the price initially breaking through the $2393 level for liquidity accumulation, even reaching $2404 to fill the old FVG , and then experiencing another decline. Alternatively, the price might start falling right from this current range. Pay attention to the important levels I’ve identified and be cautious during trading around the news!
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
AUDUSD → Price squeezes in front of resistance. A breakout?FX:AUDUSD is forming a strong consolidation on the chart as the price is squeezing to the resistance at 0.67. On the background of weakening DXY, buyers have chances to break the area.
There is news ahead and at the moment traders are preparing to break resistance. Favorable news may contribute to the breakout of the strong limit zone and the formation of a distribution towards 0.684. Technically, the chances are high (strong bullish pattern)
Traders are waiting for: ADP, Initial Jobless Claims, SP PMI, ISM, FOMC. Quite a busy news day, against which high volatility is expected. After Powell's words yesterday, the situation is neutral, but the dollar is going into correction. Everyone is waiting for the data on the labor market, on which the further situation will depend.
Resistance levels: 0.67
Support levels: 0.665, 0.662, 0.6586
Technically, the situation is bullish, the emphasis is towards the resistance breakout. Further everything will depend on the fundamental background. A favorable background for AUD will increase purchases, but a negative background may cause a correction.
Regards R. Linda!
US CPI release tonight (Levels & Setups)11th July (CPI Data Pending)
DXY: Now consolidating on 105.00 support area. CPI < 3.2 could see the price break 104.80 to trade down to 104 round number support.
NZDUSD: Sell 0.6040 SL 20 TP 60 (DXY strength)
AUDUSD: Buy 0.6760 SL 30 TP 110 (Hesitation at 0.68)
USDJPY: Sell 161.15 SL 20 TP 120
GBPUSD: Buy 1.2890 SL 40 TP 100
EURUSD: Buy 1.0860 SL 20 TP 55
USDCHF: Buy 0.9030 SL 30 TP 110
USDCAD: Sell 1.3580 SL 30 TP 115
Gold: DXY weakness, drive gold higher, break 2390 could test 2415
AUDUSD Bank Bullish Direction Money Heist PlanMy 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 Long entry. Our target is Red Zone that is High risk Dangerous level, market is overbought / Consolidation / Trend Reversal at the level Bearish Robbers / Traders gain the strength. Be safe and be careful and Be rich.
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Stop Loss : Recent Swing Low using 4h timeframe
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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.
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AUDUSD - Long from liquidity zone !!Hello traders!
‼️ This is my perspective on AUDUSD.
Technical analysis: Here we are in a bullish market structure from 4H timeframe perspective, so I look for a long position. My point of interest is if price makes a retracement to fill the imbalance lower and then rejects from liquidity zone + FIBO 0.618 level.
Fundamental news: Today (GMT+3) we have news on USD, we will see results of CPI, news with high impact on currency.
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#AUDUSD: 930+ Pips Buy Opportunity | Setupsfx_| Dear Traders,
Price has moved nicely from our first entry, now we expect a clean bullish move towards 0.7600 which will give us a nice 930+ pips in a swing trade. Please do your own analysis too, which will help you have a clear understanding of the market. Use the two blue lines as entry point and stop loss. Good luck and trade safe.
Aussie H4 | Potential bullish bounce off overlap supportThe Aussie (AUD/USD) is falling towards an overlap support and could potentially bounce off this level to climb higher.
Buy entry is at 0.6731 which is an overlap support that aligns with the 23.6% Fibonacci retracement level.
Stop loss is at 0.6690 which is a level that lies underneath a pullback support and the 50.0% Fibonacci retracement level.
Take profit is at 0.6777 which is a level that aligns with the 161.8% Fibonacci extension level.
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. 68% 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. 73% 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.
Levels discussed on 9th July Livestream9th July
DXY: Consolidating on 105 support (61,8%). Watch 105.10 for upside potential or break of 104.80 for downside (downside more likely)
NZDUSD: Buy 0.6120 SL 15 TP 35 (RBNZ decision tomorrow)
AUDUSD: Buy 0.6760 SL 20 TP 110 (Hesitation at 0.68)
USDJPY: Buy 161.40 SL 20 TP 60
GBPUSD: Sell 1.2790 SL 20 TP 50 (Head & shoulder pattern)
EURUSD: Do nothing for now
USDCHF: Sell 0.9005 SL 20 TP 60
USDCAD: Consolidating between 1.36 and 1.3650, do nothing for now
Gold: Break above 2350 could trade down to 2320
AUDUSD is maintaining horizontal accumulationAUDUSD: The AUDUSD is maintaining horizontal accumulation around the range from 0.6720-0.6760. However, it can be seen that in this price range there was a previous GAP decrease and yesterday this GAP area was filled. Therefore, in today's session, AUDUSD may continue its downtrend. You can consider selling with AUDUSD.
AUDUSD D1 - Long SignalAUDUSD D1
We are on the big daily timeframe here for AUDUSD, breaking the previous resistance price level of 0.67. This was a considerable daily resistance price for us. We are now simply looking for a subsequent retest of this zone to see if we can find support on this price level.
If 0.67000 holds as support, we can likely look to position ourselves long with targets of the previous daily high price, nearing 0.68800 price. Circa 180 points.
AUDUSDHello Traders,
Aussie in the weekly chart has broke the long-term channel. It is starting a bullish move now!
But we might see a reversal soon or late.
The daily cart is overbought in a bullish channel! Again another reason to be bearish
Regarding the current time frame! the trend line should be broken and the level of 0.67000 should be touched, then we we'll start searching for bearish order blocks or zones to short the pair!
audusd sell signal. Don't forget about stop-loss.
Write in the comments all your questions and instruments analysis of which you want to see.
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P.S. I personally will open entry if the price will show it according to my strategy.
Always make your analysis before a trade
AUDUSD - 4hrs ( Buy Trade Target Range 150 PIP ) Pair Name : AUD/USD
Time Frame : 4hrs Chart / Close
Scale Type : Large Scale
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spreading knowledge among us and to clarify the most importan+t points of entry, exit and entry with more than 5 reasons
We seek to spread understanding rather than make money
Key Technical / Direction ( Long )
Type : Mid Term Swing
———————————
Bullish Break
0.67000 Area
Reasons
- Major Turn level / W
- Visible Range Lvn
- Pattern Break
- Day / week high Break
- Fixed Range Hvn
Bearish Reversal
0.68600 Area
Reasons
- Major Turn level / D
- Pattern Target
- Visible Range Hvn
- 3 Quarter High
- Fibo Golden Zone
AUD/USD Faces Potential Reversal: Key Supply Zones in FocusDespite a backdrop of improved risk aversion on Monday, the Australian Dollar (AUD) appreciated, bolstered by domestic economic factors. Persistent high inflation, robust Retail Sales, and a strong Services PMI have provided support to the AUD, leading the Reserve Bank of Australia (RBA) to delay potential rate cuts. However, this upward momentum is tempered by renewed demand for the US Dollar (USD), which puts pressure on the AUD/USD pair.
The USD's outlook is complicated by recent US employment data. While Nonfarm Payrolls (NFP) for June exceeded market expectations, the growth rate was slower compared to May's increase. Additionally, the Unemployment Rate edged higher in June. These indicators suggest that the Federal Reserve (Fed) might face pressure to consider reducing interest rates sooner than anticipated, which could weigh on the USD.
In our analysis, the AUD/USD price is nearing a significant area marked by recent Supply zones, where we anticipate a potential price reversal. These zones are critical as they align with historical trends; over the past two years, the AUD has typically started a bearish trend around this time of year. This seasonal pattern, combined with the technical presence of Supply zones, informs our strategy to look for a short setup.
In conclusion, the Australian Dollar's recent appreciation is supported by strong domestic economic indicators, but the potential for a bearish reversal looms. The combination of Supply zones and historical seasonality trends points to a possible downturn. We will be closely monitoring these factors to execute a well-timed short trade.
✅ 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.
AUDUSD Will Fall! Short!
Take a look at our analysis for AUDUSD.
Time Frame: 12h
Current Trend: Bearish
Sentiment: Overbought (based on 7-period RSI)
Forecast: Bearish
The market is approaching a key horizontal level 0.674.
Considering the today's price action, probabilities will be high to see a movement to 0.668.
P.S
Please, note that an oversold/overbought condition can last for a long time, and therefore being oversold/overbought doesn't mean a price rally will come soon, or at all.
Like and subscribe and comment my ideas if you enjoy them!
Aussie H4 | Overlap support at 23.6% Fibonacci retracementThe Aussie (AUD/USD) is falling towards an overlap support and could potentially bounce off this level to climb higher.
Buy entry is at 0.6729 which is an overlap support that aligns with the 23.6% Fibonacci retracement level.
Stop loss is at 0.6699 which is a level that lies underneath a pullback support and the 38.2% Fibonacci retracement level.
Take profit is at 0.6761 which is a pullback resistance.
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. 68% 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. 73% 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.
Levels discussed on livestream 8th July8th July
DXY: Consolidating on 105 support (61,8%). Watch 105.10 for upside potential or break of 104.80 for downside (downside more likely)
NZDUSD: Buy 0.6160 SL 25 TP 55
AUDUSD: Buy 0.6760 SL 20 TP 110 (Hesitation at 0.68)
USDJPY: Buy 161.40 SL 20 TP 60
GBPUSD: Sell 1.2840 SL 30 TP 60 (Test and reject resistance level)
EURUSD: Buy 1.0860 SL 20 TP 55
USDCHF: Sell 0.8935 SL 20 TP 40
USDCAD: Likely to retrace down to 1.36, look for reaction at support level
Gold: Break above 2390 could trade up to 24040 (DXY weakness)