Get started

AUDUSD

AUDUSD Is Bearish! Sell! Take a look at our analysis for AUDUSD. Time Frame: 4h Current Trend: Bearish Sentiment: Overbought (based on 7-period RSI) Forecast: Bearish The market is approaching a significant resistance area 0.641. Due to the fact that we see a positive bearish reaction from the underlined area, I strongly believe that sellers will manage to push the price all the way down to 0.637 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!
Short
by SignalProvider
8
The Silent Cost of FOMO Trades: What Your Anxiety Is SayingLast Thursday, I watched my 8-year-old nephew at a birthday party, desperately trying to play with every toy, eat every snack, and join every game simultaneously. He ended up in tears, overwhelmed and exhausted, having fully enjoyed none of them. Looking at my trading journal that evening, I had to laugh - I'd done exactly the same thing in the markets that day. The FOMO Frenzy You know that feeling - EUR/USD is climbing, GBP/JPY is breaking out, and USD/CAD is testing support. Your heart races. Your palms sweat. Suddenly you've got positions in all three pairs, and your mind is spinning like a circus juggler with too many balls in the air. What Your Anxiety Is Really Saying That knot in your stomach? It's not just stress - it's your internal risk manager throwing up red flags. Think of anxiety like your car's check engine light. Most people try to ignore it or put tape over it. But what if that warning light is actually your most valuable trading tool? The Real Cost (It's Not Just Money) Last month, I lost 4% of my account in a single day chasing trades. But the real cost wasn't the money - it was: Three sleepless nights Snapping at my wife over breakfast Missing my kid's soccer game because I was glued to charts Taking twice as long to recover my confidence The Birthday Party Strategy Now I treat my trading like I wish my nephew had handled that birthday party. Pick one game. Enjoy it fully. Then, if it makes sense, move to the next one. In trading terms: One trade at a time Full focus on that setup Clear exit plan ]No peeking at other pairs until this trade is managed Your Brain on FOMO Here's what happens when FOMO kicks in - your brain floods with dopamine, the same chemical that makes my nephew grab three cupcakes at once. Your prefrontal cortex (the rational part) gets overwhelmed by your limbic system (the emotional part). Suddenly you're trading like a sugar-rushed 8-year-old. The Solution: Your Personal FOMO Filter I've taped a note to my monitor that asks: "If this were the only trade you could take this month, would you take it?" It's amazing how quickly FOMO evaporates when you frame it that way. I went from taking 15-20 trades per week to 2-5, and my profit has doubled. Your Next Step FIf you find yourself battling FOMO, try this: Each time you feel the urge to place a trade, wait 5 minutes. Just 5 minutes. Write down what you're feeling. You'll be amazed at how many FOMO trades never make it past this 5-minute filter. Remember, the market is like an endless birthday party - it'll be there tomorrow, next week, and next year. You don't have to play every game or eat every cupcake today. Cheers to your success, Gio
BINANCE:BTCUSD
by elevatedinvestor
2
AUDUSD touching important Support on Daily ChartThe AUD/USD pair has experienced a notable decline of -7.82% in recent weeks, without any significant recoveries. This drop has brought the price to a key horizontal support area, aligning with the previously identified triple bottom level on the daily chart. Additionally, the price has tested an uptrend line that has provided support since mid-2022. The overlap of the horizontal support and the uptrend line creates a technically significant zone, indicating a potential slowdown in selling pressure. Bullish Scenario If the price breaks above the downtrend line, acting as dynamic resistance, it could signal a shift in market sentiment, allowing buyers to regain control. Fibonacci retracement levels would then serve as potential targets: An entry point could be considered if a candle closes above the downtrend line on the daily chart. The first target may be near the 38.2% Fibonacci level at 0.6605 (approximately 110 pips). The second target could be around the 50.0% Fibonacci level at 0.6670 (about 170 pips). A stop loss might be placed just below the recent low at 0.6395 (around 100 pips). For confirmation of the bullish scenario, the price needs to stay above the dynamic resistance and begin forming higher highs and lows. Bearish Scenario Conversely, if the price falls below the horizontal support at 0.6400, it would create room for further declines, potentially invalidating the triple bottom pattern and indicating a continuation of the downtrend. In this case, the next significant support level would be around 0.6300, with chances of moving even lower. Impact of US Employment Data The upcoming US employment data, particularly the Nonfarm Payroll figures, could significantly influence the AUD/USD pair. Weaker-than-expected results may weaken the US dollar, benefiting the Australian dollar and increasing the likelihood of breaking the downtrend line. Conversely, strong US labor market data could exacerbate selling pressure, pushing AUD/USD lower. Summary The AUD/USD is at a pivotal juncture on the daily chart, with the convergence of horizontal support and an uptrend line suggesting a possible reversal. However, the market's direction will hinge on subsequent technical movements and, crucially, on US economic data that could shift the balance of power. Disclaimer: 74% 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. Past performance is not necessarily indicative of future results. The value of investments may fall as well as rise and the investor may not get back the amount initially invested. This content is not intended for nor applicable to residents of the UK.
Long
by Marketscom
AUDUSD - Long-Term Long!Hello TradingView Family / Fellow Traders. This is Richard, also known as theSignalyst. 📈AUDUSD has been overall bullish, trading inside the rising flat channel in blue. Moreover, it is rejecting a strong support in green. 🏹 The highlighted blue circle is a strong area to look for buy setups as it is the intersection of the support zone and lower trendline acting as a non-horizontal support. 📚 As per my trading style: As #AUDUSD is around the blue circle zone, I will be looking for bullish reversal setups (like a double bottom pattern, trendline break , and so on...) 📚 Always follow your trading plan regarding entry, risk management, and trade management. Good luck! All Strategies Are Good; If Managed Properly! ~Rich
Long
by TheSignalyst
19
Audusd AUD/USD reacts little to better-than-expected Australian Goods Trade Balance data and remains in a range above 0.6400 early Thursday. Rising bets for an early RBA rate cut cap the Aussie's upside amid China's economic woes and US-Sino trade war fears. Eyes turn to US data, FedspeakThe AUD/USD pair dives more than 1% to near the round-level support of 0.6400 in Wednesday’s European session. The Aussie pair plummets as the Australian Dollar (AUD) has been hit hard by weaker-than-projected domestic output data for the third quarter of this yearThe Australian Bureau of Statistics reported that the Australian economy surprisingly expanded at a slower-than-expected pace of 0.8% compared to the same quarter of the previous year against the 1% growth seen in the previous quarter of this year. Economists estimated the annualized Q3 GDP growth of 1.1%. On a quarterly basis, the Australian economy expanded by 0.3%, slower than expectations of 0.4% but faster than the former reading of 0.2%
Short
by KingForex078
Aussie tumbles to 4-month low after soft GDPThe Australian dollar has taken a tumble on Wednesday. In the European session, AUD/USD is trading at 0.6416, down 1.1% on the day at the time of writing. Earlier, the Australian dollar dropped as low as 0.6407, its lowest level since August 5. Australia’s GDP report was a disappointment, falling short of expectations. GDP rose 0.3% q/q in the third quarter, following three straight quarters of 0.2% growth. This missed the market estimate of 0.5%. Annually, GDP rose 0.8%, below the  Q2 gain of 1% and shy of the market estimate of 1.1%. A key reason why GDP growth has been weak is soft household consumption. Consumers have been battered by high interest  rates and stubborn inflation, and private domestic demand was negligible in the second and third quarters. The soft GDP report was a bust with the markets and sent the Australian dollar tumbling lower. The report is unlikely to cause any changes from the Reserve Bank of Australia, which has been in a prolonged “higher for longer” stance. The RBA has managed to bring headline inflation within the target of 2%-3%, but remains concerned about underlying inflation, which rose to 3.5% in October. The RBA makes its next rate announcement on Dec. 10 and is widely expected to maintain the cash rate at 4.35%, where it has been for over a year. The markets aren’t expecting a rate cut before May 2025, although a surprise decline in inflation in the coming months could push the central bank to lower rates in Q1 2025. AUD/USD has pushed below support at 0.6447. Below, there is support at 0.6382 0.6563 and 0.6613 are the next resistance lines
by OANDA
1
AUD/USD: The Bear is Lurking – A Breakdown in the Making?Hey Forex fam! 🌍✨ Let’s talk about the Aussie Dollar (AUD) versus the Greenback (USD) – the pair that's been stuck in a battle royale of consolidation! 🧐 But here’s the scoop: the bears are sharpening their claws 🐻, and we might just be on the edge of a big breakdown! 🚨 🔍 The Setup: A Symmetrical Triangle (Bearish Edition!) 📉 Chart pattern: For the last few years, AUD/USD has been dancing between two trendlines, forming a symmetrical triangle – a classic consolidation pattern. Think of it like a coiled spring, ready to pop... but in the bearish direction! 👇 👀 Why bearish? 1️⃣ The triangle is following a long-term downtrend. The pair has been sliding since 2013, and this consolidation looks like a classic continuation pattern. 2️⃣ Momentum is fizzling out as we approach the apex of the triangle – suggesting that a downside breakout could be just around the corner. 📉 Levels to Watch: The Bear's Roadmap Support to break: 0.63 – the bottom of the triangle and a critical level to confirm the bearish breakdown. Next bearish targets: 0.60: A psychological barrier. 0.56: The low not seen since 2008 (ouch!). 💡 Why is the Bear in Control? 1️⃣ Fundamentals 📰: With the Federal Reserve still hawkish 💵 and China’s economic recovery slowing 🐢 (a key driver of AUD strength), the Aussie is under pressure. 2️⃣ Risk sentiment 😬: Investors are flocking to safe-havens like the USD in uncertain markets, leaving the AUD vulnerable. ⏳ Timing the Breakdown ⚡ Be ready for action! The pair is sitting right at the edge of the triangle. A daily close below 0.63 could trigger an avalanche of selling pressure. But remember: wait for confirmation – false breakouts can wreck your P&L! 🚨 🔥 Pro Tips for Trading the Breakdown ✅ Trade the breakout: Short AUD/USD once it closes below 0.63, and target 0.60 or lower. ✅ Set stop-losses: Place them slightly above the triangle (~0.64) to protect against fakeouts. ✅ Patience is key: Don’t rush in – let the price action confirm the direction. The Bearish Bottom Line 🐻 AUD/USD is playing a waiting game, but the technicals and fundamentals both scream downtrend continuation. If the bears break through 0.63, get ready for a dive that could take us to 2008 levels! 📉 Are you ready to ride the bear? 🐻💥 Let me know your thoughts below, and as always, trade safe! 💪✨
Short
by RoadToAMillionClub
AUDUSD Analysis - Bearish - Trade 021. Seasonality: During the first week of December, the USD exhibits bearish momentum, while the AUD shows bullish tendencies. This combination makes AUDUSD overall bullish. 2. COT Report: The AUD's COT RSI and Index are near the top, while the USD is near the bottom, indicating potential overextension. This suggests a bearish outlook for AUDUSD. 3. Fundamental Analysis: LEI The USD Leading Economic Indicator (LEI) is increasing, while the AUD LEI is decreasing. Global LEI is also rising, favoring USD strength and adding a bearish tone to AUDUSD. Endogenous Factors These suggest bearish pressure for the AUD and bullish sentiment for the USD, further supporting a bearish bias. Exogenous Factors Exogenous influences, however, indicate an increase in AUDUSD, favoring a bullish trend. 4. Technical Analysis: AUDUSD is forming an ABCD pattern and is currently at the 0.618 Fibonacci retracement level on the 1-hour chart. Additionally, there is significant resistance on the 4-hour chart, indicating potential bearish pressure from a technical standpoint. Summary The analysis presents mixed signals: seasonality and exogenous factors favor bullishness, while the COT report, LEI trends, endogenous factors, and technical resistance suggest bearish potential. Bias The combined analysis leans toward a short entry for AUDUSD. Trade Plan Entry: 0.64746 SL: 0.65130 TP: 0.64362
Short
by asadamalik
Market Analysis: AUD/USD Under Pressure, Downtrend PersistsMarket Analysis: AUD/USD Under Pressure, Downtrend Persists AUD/USD declined below the 0.6500 and 0.6455 support levels. Important Takeaways for AUD/USD Analysis Today - The Aussie Dollar started a fresh decline from well above the 0.6500 level against the US Dollar. - There is a connecting bearish trend line forming with resistance at 0.6465 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 0.6530 zone. The Aussie Dollar started a fresh decline below the 0.6500 support against the US Dollar. The pair even settled below 0.6455 and the 50-hour simple moving average. There was a clear move below 0.6430. A low was formed at 0.6407 and the pair is now consolidating losses. On the upside, an immediate resistance is near the 0.6430 level. The 23.6% Fib retracement level of the downward move from the 0.6504 swing high to the 0.6407 low is also near 0.6430. The next major resistance is near a connecting bearish trend line at 0.6465. The trend line is near the 61.8% Fib retracement level of the downward move from the 0.6504 swing high to the 0.6407 low, above which the price could rise toward 0.6500. Any more gains might send the pair toward the 0.6530 resistance. A close above the 0.6530 level could start another steady increase in the near term. The next major resistance on the AUD/USD chart could be 0.6620. On the downside, initial support is near the 0.6405 zone. The next support sits at 0.6380. If there is a downside break below 0.6380, the pair could extend its decline. The next support could be 0.6350. Any more losses might send the pair toward the 0.6320 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.
by FXOpen
1
Could the Aussie drop from here?The price is rising towards the pivot which acts as a pullback resistance and could drop tot he 1st support which has been identified as a pullback support. Pivot: 0.6454 1st Support: 0.6407 1st Resistance: 0.6503 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
Australian dollar eyes GDPThe Australian dollar is drifting on Tuesday. In the North American session, AUD/USD is trading at 0.6461, down 0.20% on the day at the time of writing. Australia’s economy is expected to improve in the third quarter, with a market estimate of 0.4% q/q. This follows a disappointing gain of 0.2% in Q2, the weakest growth in five quarters, as household spending declined. On a  yearly basis, GDP is expected to tick up to 1.1% compared to 1% in the second quarter. The Australian economy continues to groan under the weight of high interest rates, which the Reserve Bank of Australia implemented in order to tame high inflation. Now that inflation has come down, there is pressure on the RBA to respond with lower rates. The RBA has become an outlier as most major central banks are in the middle of an easing cycle while the RBA has held rates for over a year. RBA Governor Bullock has remained hawkish, reiterating that underlying inflation is too high for the RBA’s liking and that a rate hike is not off the table. Headline inflation has fallen to 2.1%, well within the RBA’s target bank of 2%-3%, but the RBA remains concerned about underlying inflation, which  accelerated in October to 3.5%, up from 3.2% a month earlier. The market isn’t buying the warning of higher rates and expects the next rate move to be a cut sometime in mid-2025. That means that consumers will have to grapple with high rates for months, barring an unexpected fall in underlying inflation. In the US, Federal Reserve Governor Christopher Waller said on Monday that he is leaning toward a cut in December but could change his mind if inflation surprised on the upside. The US releases November CPI one week prior to the rate announcement and the release will be a key factor as to whether the Fed cuts or maintains interest rates. AUD/USD Technical AUD/USD tested resistance at 0.6478 earlier. Next, there is resistance at 0.6514 0.6441 and 0.6405 are the next support levels
by OANDA