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AUDUSD

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 these 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
XU D Buy Idea 5/18/24I previously posted an idea "XU W Sell Reversal OR Sell to Buy Idea 5/4/24". Price did not sell and immediately continued bullish. Looking for price to still head to the -27% FIB area around 2555.32 for final TP from the previous trade idea. Currently in a buy with TP actually set for the -27%, while looking for another pullback on the daily to get another entry. **This is for educational purposes only and this is not financial advice because I am not a financial advisor.**
FOREXCOM:XAUUSDLong
by cecedidit
AUDUSD I Potential buy from support Welcome back! Let me know your thoughts in the comments! ** AUDUSD Analysis - Listen to video! We recommend that you keep this pair on your watchlist and enter when the entry criteria of your strategy is met. Please support this idea with a LIKE and COMMENT if you find it useful and Click "Follow" on our profile if you'd like these trade ideas delivered straight to your email in the future. Thanks for your continued support!Welcome back! Let me know your thoughts in the comments!
Long
by BKTradingAcademy
Bearish drop?The Aussie (AUD/USD) has reacted off the pivot which acts as a pullback resistance and could drop to the 1st support. Pivot: 0.6678 1st Support: 0.6637 1st Resistance: 0.6698 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
1
AUD/USD Gains Momentum Following RBA Governor's RemarksThe AUD/USD pair is gaining traction after the Reserve Bank of Australia (RBA) Governor Michele Bullock indicated on Wednesday that the central bank is prepared to raise interest rates if the Consumer Price Index (CPI) does not return to the target range of 1%-3%, as reported by NCA NewsWire. This hawkish stance has provided a boost to the Australian Dollar, reflecting increased market confidence in the currency. Technical Analysis Overview From a technical perspective, the price action on Tuesday saw the AUD/USD pair touch and rebound from the 61.8% Fibonacci retracement level, initiating an initial bullish impulse. However, this upward movement was reabsorbed during the day. Today, we are looking to buy on dips, anticipating another bullish impulse. On the H4 chart, a divergence has been observed, reinforcing our bullish bias. This technical indicator suggests that despite some retracement, the overall trend remains positive, and the market may be poised for further gains. Key Factors Influencing AUD/USD 1. RBA Governor's Statement: Michele Bullock's remarks have underscored the RBA's readiness to adjust interest rates to control inflation, providing a strong bullish signal for the AUD. 2. CPI Concerns: The emphasis on the CPI returning to the 1%-3% target range highlights the RBA's commitment to price stability, further influencing market expectations regarding future monetary policy adjustments. Market Strategy Given the current technical setup and the fundamental backdrop, our strategy involves looking to buy on dips. The rebound from the 61.8% Fibonacci level and the observed divergence on the H4 chart support this approach. We anticipate that any pullbacks will provide buying opportunities, with the expectation of a renewed bullish impulse. Conclusion The AUD/USD pair is showing positive momentum following the RBA Governor's comments about potential interest rate hikes if inflation targets are not met. From a technical standpoint, the pair's behavior around the 61.8% Fibonacci retracement level and the divergence on the H4 chart support a bullish outlook. As a result, the current market environment presents an opportunity to buy on dips, positioning for another bullish move in the AUD/USD pair.
Long
by FOREXN1
3
Pre NFP Analysis7th June DXY: Could break support at 104.00 (weak NFP data) but if it stays above 103.40 could rebound back up NZDUSD: Sell 0.6205 SL 20 TP 65 (DXY strength) AUDUSD: Sell 0.6705 SL 25 TP 70 (DXY strength) USDJPY: Sell 154.50 SL 25 TP 70 GBPUSD: Buy 1.2830 SL 20 TP 55 (DXY weakness) EURUSD: Sell 1.0880 SL 20 TP 70 (Hesitation at 1.0835) USDCHF: Sell 0.88808 SL 30 TP 70 (DXY weakness) USDCAD: Buy 1.3620 SL 20 TP 90 (CAD weakness DXY strength) Gold: Needs to stay below 2385, could trade down from 2370 to 2350
TVC:DXY
by JinDao_Tai
Aussie H4 | Potential resistance at 78.6% Fibonacci projectionThe Aussie (AUD/USD) is rising towards a swing-high resistance and could potentially reverse off this level to drop lower. Sell entry is at 0.6712 which is a swing-high resistance that aligns with the 78.6% Fibonacci projection level. Stop loss is at 0.6750 which is a level that sits above the 100.0% Fibonacci projection. Take profit is at 0.6633 which is a pullback support that aligns with the 61.8% Fibonacci retracement 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. 70% 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
2
XAU/USD : First Long, Then BIG SHORT ! (READ THE CAPTION)By analyzing the #GOLD chart on the 2-hour timeframe, we observe that the price, as expected, managed to grow again to the supply zone of $2360. Afterward, it experienced a significant decline, hitting all the previously announced targets. The lowest level at which the price corrected was $2315. Once it entered this demand zone, it faced buying pressure and was able to rise to $2332. It’s possible that the price could reach $2342 to fill its new FVG and then experience another decline in gold. 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
29
Potential Head & Shoulders Forming! - AUHere I have AUD/USD on the 1 HR Chart! Price so far has began to form what looks to be a Strong Reversal Pattern, Head & Shoulders! You can see a clear Left Shoulder falling down to the Support Zone creating our "Neckline" @ .6633! Followed by the creation of the "Head" being a rejection off the Falling Resistance back down to the "Neckline" and NOW finally to potentially finish the Right Shoulder! Based on the first shoulder, the Resistance Zone @ ( .6671 - .6665 ) and with the 38.2% Fibonacci Retracement Level matching the height of the Left Shoulder @ .66727, I am looking for Price to hit this very spot and then show rejection pushing price back down to the Neckline for CONFIRMATION OF PATTERN!!! INVALIDATION OF PATTERN comes in if price decides to Break and Close above .66727 and is unable to move back down! Fundamentally, AUD had GDP come in at a .2% decrease and with heavier news for USD later this week, this idea could come to life so lets keep an eye out!! **On Confirmation of Pattern, I will be looking for a Target Profit down at Support @ .66000
Short
by Novi_Fibonacci
Bearish drop off 61.8% Fibonacci resistance?The Aussie (AUD/USD) has reacted off the pivot and could potentially fall to the 1st support which is a pullback support. Pivot: 0.6670 1st Support: 0.6627 1st Resistance: 0.6697 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