Audusdanalysis
AUDUSD LONGAUDUSD has reached the higher low area of the ascending channel and the new horizontal support zone in the 4-hour timeframe chart
We expect the pair to re-test the key support levels listed on the chart,
We taking this trade based on technical analysis and candlestick patterns.
Please use proper risk management depending on your account size, Use lot sizes based on these calculations.
Here is a breakdown of your pip value in ZAR and Dollars
0, 01 = R1,43 / $0,10c
0. 05 = R 7,15 / $ 0.50
0.10 = R 14,3 / $1.00
1 Lot size = R 146,26
How to calculate Margin = (Lot Size * Contract Size)/Leverage, Let's say your broker gives you 1:500, and you open 0,2 size, How much are you exposing? calculations : (0.2 * 10 000) / 500 = $4 (R58) also (1 Lot * 100 000) / 500 = $200 (R2 960)
So, each time I open (1 Lot size, am exposing R2960 (Down payment)
Remember, These are long-term trades, It is advisable to have enough margin to handle the fluctuation of the markets.
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AUDUSD Technical Analysis And Trade IdeaIn this video, we conduct a thorough analysis of the AUDUSD currency pair, delving into the prevailing upward momentum observed in both the monthly (1M) and weekly (1W) timeframes. This currency pair has encountered a notable resistance level, signaling the potential for an impending retracement. Throughout our discussion, we will explore the nuances of technical analysis, providing valuable insights into effective forex trading strategies.
It is of utmost importance to emphasize that the information presented in this content is exclusively intended for educational purposes and should not be construed as financial guidance. Engaging in the currency market carries inherent risks, underscoring the critical need for implementing robust risk management techniques within your trading plan.
Short Opportunity for AUD/USDThe AUD/USD pair currently exhibits a strong bearish trend. The price has breached the weekly support level, although the candle has not yet closed below it. Additionally, it has broken the 4-hour support level and the Friday low of the day. While there is no immediate entry confirmation, a potential short trade opportunity emerges.
For a safer entry, consider waiting for a price pullback to the 0.64342 and 0.63357 zone or at least the 4-hour support level (which would then act as resistance). A successful bearish confirmation at this level would be a strong signal to enter the short trade. This area is significant as it aligns with 15-minute and 5-minute resistance levels, adding to its importance.
The target for this short trade is set at 0.63747, a daily support level. This target represents a potential gain of at least 60 pips.
Please exercise caution and ensure proper risk management in your trading strategy. Keep in mind that trading involves risks, and this idea is not financial advice. Conduct your own research, consider your risk tolerance, and consult with a professional financial advisor if needed.
AUDUSD: Asian foreign exchange market is quiet, USD recoversWednesday saw limited movement in the majority of Asian currencies, but the dollar continued its recent upward trend as several Federal Reserve officials cautioned against placing bets that the central bank would stop rising interest rates.
Due to the markets' desire for additional clues regarding US monetary policy, Fed Chairman Jerome Powell's next speech will be the main event of interest.
Because traders are still wary of any aggressive signals from the Fed, sentiment toward Asian markets is still muted. Regional markets have become less appealing to traders due to indications of China's ongoing economic difficulties.
The Australian dollar rose 0.1%, recovering slightly after dovish signals from the Reserve Bank of Australia sent the currency down nearly 1% on Tuesday.
High Stakes: RBA rate decision vs. Melbourne Cup We are about 8 hours away from the latest Reserve Bank of Australia interest rate decision.
That decision is due on Tuesday at 2:30 pm (local Aussie time), a couple of hours before the country's biggest horse race, the Melbourne Cup ($8 million in prize money) is set to take place.
But perhaps the more exciting match ups will be occurring in the forex market.
Currently, the market is thinking there is a 70% chance of a 25-basis points hike because of the RBA governor's rhetoric that the bank would "not hesitate to raise the cash rate further" if inflation was higher than expected (which it was in its last quarterly reading). The 30% chance of no hike is possibly driven by concerns about mortgage stress in the country after the post-COVID 12 cash rate increases.
On the flip side of some potential AUD trades, we have expectations for the US Fed and the European Central Bank (ECB) enacting a 25-basis points cut by June next year.
Weaker-than-expected NFP figures in the U.S. last Friday bolstered expectations that the Fed was done with its tightening campaign and pulled the AUD/USD up past 0.64900 from 0.64400. This makes me question whether the upside to the AUD/USD is all played out. Moments after the interest rate announcement will be crucial to see which direction the market wants to take.
If the RBA does enact a hike today, concerns about mortgage stress in Australia might induce the pair to revisit some of the levels the pair traversed last Friday during its climb just before market close.
AUDUSD I Short pullback and more growthWelcome 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.
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AUDUSD LONG Term Buying Trading IdeaHello Traders
In This Chart AUDUSD HOURLY Forex Forecast By FOREX PLANET
today AUDUSD analysis 👆
🟢This Chart includes_ (AUDUSD market update)
🟢What is The Next Opportunity on AUDUSD Market
🟢how to Enter to the Valid Entry With Assurance Profit
This CHART is For Trader's that Want to Improve Their Technical Analysis Skills and Their Trading By Understanding How To Analyze The Market Using Multiple Timeframes and Understanding The Bigger Picture on the Charts
AUD/USD +550 Pips 0 Drawdown , New Entry Valid For Next Week !This Is An Educational + Analytic Content That Will Teach Why And How To Enter A Trade
Make Sure You Watch The Price Action Closely In Each Analysis As This Is A Very Important Part Of Our Method
Disclaimer : This Analysis Can Change At Anytime Without Notice And It Is Only For The Purpose Of Assisting Traders To Make Independent Investments Decisions.
AUDUSD Symmetrical Triangle BreakoutWe expect further upside on this pair, signalled by the symmetrical triangle channel pattern breakout. We can also see the formation of a new high which signals a change in trend from bearish to bullish as well as a breakout of a key level which further supports our directional basis.
AUDUSD: US dollar falls again as peak interest rates are predictOn Thursday, the US dollar saw a correction, with risk-averse Asian currencies leading the gains. Following the Federal Reserve's decision to keep interest rates steady, investors are celebrating the anticipated peak in US interest rates. With interest rate forecasts still high, the focus is now on the Bank of England. Sterling increased 0.3% to $1.2180 and then steadied to 86.98 per euro.
Although Fed Chairman Jerome Powell promised not to overly tighten or loosen policy, he did leave opportunity for another rate hike, with the funds rate goal ceiling at a 22-year high of 5.5%. The markets took this to mean that a rate hike in December was no longer a possibility. Ten-year Treasury yields consequently
AUDUSD LONG Term Buying Trading IdeaHello Traders
In This Chart AUDUSD HOURLY Forex Forecast By FOREX PLANET
today AUDUSD analysis 👆
🟢This Chart includes_ (AUDUSD market update)
🟢What is The Next Opportunity on AUDUSD Market
🟢how to Enter to the Valid Entry With Assurance Profit
This CHART is For Trader's that Want to Improve Their Technical Analysis Skills and Their Trading By Understanding How To Analyze The Market Using Multiple Timeframes and Understanding The Bigger Picture on the Charts
AUDUSD: AUDUSD is supported by bond yield differentialsThe Australian dollar is up 0.70 percent for the day and is reaching session highs. At 0.6432, the pair is getting close to its highest level since October 11 at 0.6445.
Bond yield differentials and variations in Fed and RBA policy choices strengthen the AUD:
Interest rates between 5.25% to 5.50% will remain unchanged, according to the Fed. On November 7, it is anticipated that the RBA will raise interest rates by 25 basis points to 4.35%.
The yield on Australian government bonds maturing in 10 years dropped by 3 basis points to 4,797%. However, it is important to remember that since September 1, the yield has risen by 83 basis points, from 3,963% to 4,797%. In the meantime, the yield on Treasury bonds went up to 4.71% from 4.06%. Considering the variations in
AUDUSD: The Federal Reserve meeting this week influences AUDUSD Even after the Federal Reserve raised interest rates for a considerable amount of time, the US dollar has recently appreciated due to indications of the country's robust economy.
September saw a sharp increase in US consumer spending, and the third quarter saw the greatest growth of the US economy in almost two years.
When the Fed announces its decision on Wednesday, policymakers are expected to maintain current interest rates. The Fed will meet this week.
But as markets continue to fret about rising inflation, they are worried that these good data suggest higher interest rates will be around for a longer time.
AUDUSD Technical Analysis and Trade IdeaIn this video, we present a comprehensive analysis of the AUDUSD, with a particular focus on the prevailing bearish sentiment detected in higher timeframes. Notably, the AUDUSD has reached a critical support level. Throughout this presentation, we explore essential aspects of technical analysis, encompassing elements such as the current trend, dynamics of price action, market structure, and various other fundamental components of technical analysis. As we progress further in the video, we closely scrutinize a potential trading opportunity.
It is essential to underscore that the information provided here is solely intended for educational purposes and should not be misconstrued as financial advice. Participating in currency market trading involves a substantial degree of risk. Hence, it is imperative to judiciously incorporate risk management strategies into your trading plan.
AUD/USD Sell Idea 30/10/23Trade Details
Sell @CMP
Entry: 0.63625
Take Profit 1: 0.63300
Take Profit 2: 0.63127
Take Profit 3: 0.62701
Stop Loss: 0.63700
Key Notes
Order flow: Bearish
Trend: Bearish
Structure: Change
Entry at order block (Supply)
Disclaimer:
This is just a sample template and should not be used as financial advice. Always do your own research before making any trading decisions.