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Audusdanalysis

AUDUSD Short Trade Setup A #short trade opportunity recently presented itself on the #aussiedollar (#AUDUSD) #trading chart 📉. This is indicated by the #bearish harami candlestick 🕯️ pattern just below the 0.66462 horizontal resistance level. This indicates a rejection of the same level, with potential price move in the downward 👇 ⬇️ direction (#sell). Sufficient downward momentum should see price dumping towards the 0.65000 psychological level and possibly testing the strength of the 0.64647 horizontal support level. As always, please apply appropriate risk management. Happy trading! #majorpair
Short
by charles-okoukoni
2
AUDUSD: Australian budget revenue growth cools amid economic heaThe Treasurer has previously highlighted the impact of weaker commodity prices, particularly on iron ore - a key Australian export - along with rising unemployment as key factors. to adjust revenue. Australia's unemployment rate hit a two-year high of 4.1% in January. Over the last month, Chalmers has also highlighted concerns about global economic stability, noting that recent events in the Middle East are likely to affect upcoming budget plans in May. The exchange rate at the time of announcement was $1 to 1.5133 Australian dollars.
Long
by Chart_MasterPro
AUDUSD: AUDUSD technical analysis todayMost Asian currencies weakened on Friday, while the dollar steadied in anticipation of key inflation data expected to influence the Federal Reserve's stance on cuts. interest rates. While the dollar's decline overnight - after weaker-than-expected US gross domestic product data - brought some relief to Asian currencies, this was largely offset offset by continued bets on higher US interest rates for longer. The dollar also eased some of the losses in Asian trade.
Long
by Chart_MasterPro
1
Bought the dip in AUD/USD, did you buy too ?Hello traders, on account of US Dollar demand across the board due to news about the escalating Iran-Israel conflict, AUD/USD fell quite rapidly during the Asian Trading session on Friday. However, the price has made a quick recovery since then. AUD, considered a risk asset mostly falls during times of geopolitical tensions and economic crises. . However, I went long in AUD/USD@0.6370 level as I feel markets will recover soon. That being said, the key support level lies at 06270. In case, AUD/USD continues to go up from current levels, the first target for the bulls would be the 100-day EMA level at 0.6540
Long
by KaltoireCapital
8
AUDUSD Long (24/04)Price for AUDUSD may be looking to turn after a week of selling. It has left a wick below, signalling rejection. An order block was drawn, in hope to ride out the sell - however it was broken through, leading to the confirmation of the above. Using the breaker block I’m using the highest recent point for my first take profit and the swing highs as my future take profit points. N.B.: Do your own research do not take my analysis as financial advice. Thank you
Long
by saintprincevvs
3
AUDUSD - Potential sell idea ✅Hello traders! ‼️ This is my perspective on AUDUSD. Technical analysis: Here we are in a bearish market structure from 4H timeframe perspective, so I look for a short. I expect price to continue the retracement to fill the imbalance higher and then to reject from FIBO 0.618 level. Fundamental news: This week on Friday will be released Unemployment Rate on AUD, news with high impact on currency. Like, comment and subscribe to be in touch with my content!
Short
by Snick3rSD
2
AUDUSD: The dollar headed for a second weekly gain amid interestThe US dollar is on track to gain for a second straight week today, underpinned by a strong US economy that has changed expectations for an interest rate cut by the Federal Reserve. The greenback's 0.17% gain for the week was tempered after Thursday's warning message from financial leaders in the US, Japan and South Korea regarding the weakness of the Japanese yen and won by South Korea, suggesting the possibility of coordinated intervention. Asian currencies have been hit particularly hard by a stronger dollar. Carol Kong, a currency strategist at Commonwealth Bank of Australia, noted the importance of the joint statement and acknowledged the growing possibility of Asian foreign exchange intervention. However, Kong expressed uncertainty about US involvement, arguing that a stronger dollar would h
Short
by Chart_MasterPro
AUDUSD - Bearish Breakout ConfirmedThe Australian dollar continued its strong sell-off even as the prices of industrial metals continued bouncing back. The AUD/USD pair crashed to a multi-month low of 0.6450 on Monday, much lower than this month’s high of 0.6645. Bearish view: - Sell the AUD/USD pair and set a take-profit at 0.6425 - Add a stop-loss at 0.6525 Bullish view: - Set a buy-stop at 0.6480 and a take-profit at 0.6550 - Add a stop-loss at 0.6400 Guys, what do you think? Leave a comment with your thoughts.
Short
by tradingconmike
2