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Audusdanalysis

AUDUSD - CURRENT SITUATION AND FUNDA & TECHNICAL BIAS#AUDUSD - Currently the MARKET SENTIMENT for AUD is slightly UP SIDE according to the MARKET SENTIMENT. Even now, if RISK ON for AUDUSD happens in the near future, it can definitely go UP. Therefore, AUDUSD currently has an UPSIDE BIAS. Several RBA HAWKISH COMMENTS have been released. Also USD has become STRONG in short term with FED SENTIMENT. It will most likely be temporary. Therefore, STOCKS and COMMODITIES MARKETS are going down quite a bit. It is heavily influenced by the Australian dollar. And AUSTRALIA INFLATION DATA was very POSITIVE. Due to this, the RBA made a RATE HIKE. - It is definitely possible to break the AUDUSD STRUCTURE and go up to the higher RESISTANCE LEVEL. Accordingly, AUDUSD can go up to the 0.7127 level. After that, if MARKET RISK OFF, AUDUSD can SELL to AUDUSD 0.6500 LEVEL if MARKET SENTIMENT changes and STOCKS and COMMODITIES start going down. If the dollar becomes strong, you can sell until the level of 0.6552. For that, the MARKET STRUCTURE should be BREAK. And RISK should be OFF.
by benny_marshall
AUDUSD SellThe AUD/USD had the best day in months on Monday, boosted by a sharp decline of the US Dollar Index (DXY), despite risk aversion. The pair rose almost a hundred pips and stabilized around 0.6675 after hitting five-day highs above 0.6700. The collapse of Silicon Valley Bank (SVB) on Friday triggered a crisis and a run to safety. The rally in Treasury bonds weighed on the DXY, which dropped more than 1% on Monday, falling below 103.70. The US 10-year yield fell more than 4% to 3.50%. The Aussie held relatively well despite market jitters. Volatility is set to remain elevated. If panic persists, it would be more difficult for AUD/USD to hold at current levels or extend the rally. AUDUSD term trend is still down. In today's price it is possible that the price will sweep up to the 0.6700 resistance area again then continue to go down. Recommended to wait to sell to 0.6700, SL: 0.6750, TP: 0.6650-0.6575
Short
by VTmarkets
AUDUSD SellThe Australian dollar is slightly stronger this morning when valued against the Greenback. The Aussie dollar finished the week on a soft note closing at 0.6580 and this saw NZD/AUD back above 0.93. Last week the Australian Dollar fell as the Reserve Bank of Australia (RBA) and Federal Reserve went their separate ways on monetary policy and high beta risk assets met headwinds going into the weekend. The RBA raised interest rates for the 10th consecutive meeting, with rates now sitting 3.5 per cent above where they were when the rate rise cycle began. It’s worth noting that recently financial markets were pricing in a cash rate as high as 4.35 per cent. Ultimately, the peak level of the cash rate is a key piece of the puzzle that will decide the trajectory of everything from home prices to the broader economy. The AUD/USD pair is currently trading at 0.6590. Looking ahead this week and on Tuesday we will see the release of the Westpac Consumer Sentiment and National Australia Bank (NAB) Business Confidence. Both surveys are leading indicators of economic health. On Thursday all eyes will be on the unemployment rate decision by the Australian Bureau of Statistics. NAB is forecasting the unemployment rate to rise sharply to 4.7 per cent next year and 4.8 per cent in 2025 while Commonwealth Bank of Australia (CBA) economist Gareth Aird’s number crunching provides a similar outlook. “We expect the unemployment rate to be 4.3 per cent compared with the RBA’s forecast of 3.8 per cent,” he said. The Australian unemployment rate is currently at 3.7 per cent. AUDUSD h1 price is moving sideways in the 0.6575-0.6640 zone. In the short term it is possible that the pair will fall to the 0.6575 support area once again. Recommended to sell to the current price 0.6640, SL: 0.6690, TP: 0.6575
Short
by VTmarkets
20 Reasons For Long AUDUSD 🔆MULTI-TIME FRAME TOP-DOWN ANALYSIS OVERVIEW☀️ 1:✨Eagle eye: Multi years Bearish Trend is here 2:📆Monthly: making an insider high and low also rejected from monthly order block 3:📅Weekly: and weekly Choch is formatted, but the price does not confirm high yet. After a correction, prices are halted on the previous monthly low and equilibrium area so that there is a high chance prices can go high from here 4:🕛Daily: a clear up trend now 3rd move id started on the proper discount area and also forted appropriate price actions and structure setup 😇7 Dimension analysis 🟢 analysis time frame: H4 5: 1 Price Structure: bearish & market start forming lower high 6: 2 Pattern Candle Chart: equal lows at bottom long wick candles also lower high monthly weekly and daily lows also 7: 3 Volume: 8: 4 Momentum UNCONVENTIONAL Rsi: Rsi also shift their range from bearish to sideways properly 9: 5 Volatility measure Bollinger bands: Bollinger band in a tight squeeze /also proper w pattern is formatted so walking on the band is excepted 10: 6 Strength ADX: total neutral 11: 7 Sentiment ROC: Aud is more substantial than USD on the base on Rate of change ✔️ Entry Time Frame: H1 12: Entry TF Structure: bullish 13: entry move: impulsive 14: Support resistance base: H1 equilibrium support H1 last swing support or 2nd option H1 premium breaks 15: FIB: ☑️ final comments: Buy 16: 💡decision: LOng 17: 🚀Entry: 0.6780 18: ✋Stop losel:0.6695 19: 🎯Take profit: 0.7129 20: 😊Risk to reward Ratio: 1:4 🕛 Excepted Duration: 10 Days
Long
by Optimum369
1
AUD/USD: Shorting between 0.6790-0.6770 Today's release of China's impressive PMI data sparked a large inflow of funds into the yuan, causing the sudden decline of the US dollar index. This is clearly a short-term impact and will not change the overall market trend. Therefore, after this abnormal volatility is exhausted, the market will return to its original rhythm. Regarding the operation of the US dollar index, it is still judged as a short-term opportunity to buy on dips, while for AUD/USD, it is advisable to short on rallies. Based on the market, the following recommendations are given: Short between 0.6790-0.6770, with profit targets at 0.6750, 0.6730, and 0.6700. FX:AUDUSD OANDA:AUDUSD TVC:DXY FX:EURUSD
Short
by investmentMr-X
2
The logic behind the AUDUSDThe head and shoulders pattern has formed, with the US dollar maintaining its strength, indicating that bearish momentum is inevitable for the Australian dollar The January core inflation data, including CPI , PPI and retail sales, all rebounded. Combined with the wage data in the non-agricultural employment report, it shows that US inflation has rebounded in stages. Although the downward trend of inflation remains unchanged, it will stimulate Fed extends rate hikes The U.S. dollar rebounded strongly due to the rise in inflation and stimulated the central bank to raise interest rates. Worries prompted investors to cover the U.S. dollar, and the U.S. dollar regained its dominance in the short-term situation. At the same time, the strong US dollar depresses commodity prices, and the Australian dollar loses its power. Interest rate hike expectations are also extremely detrimental to the performance of U.S. stocks. After the end of the earnings season, U.S. stocks lack guidance, and rising inflation suppresses market liquidity and puts pressure on stock market sentiment. In this situation, the short position of the Australian dollar has the best time, location, and harmony. Technical head and shoulders The head and shoulders pattern is a high chance of winning in the technical trend, and it is one of the skills that must be mastered
Short
by Ice_and_Fire1
Seeking a bearish breakout on AUD/USDThe Australian economy has had a few of soft data points this week which, whilst not detrimental to the economy, will be duly noted by the RBA as they seek to cool the economy without completely breaking it (and ponder a pause in rate hikes). Yesterday we found inflation was 'only' 7.4% y/y, compared to 8.1% expected and 8.4% prior - and GDP was soft at 0.5% q/q. Well today things got a little more interesting with housing and credit data. The S&P Global Ratings Agency noted in a report that mortgage arrears were on the rise, whilst dwelling approvals nosedived nearly 30% in January alone. Cleary, RBA's aggressive hiking path is beginning to bite, and we also need to consider that there's a large lag between hikes and such data points (so expect further weakness to come). And that matters, as it could force the RBA to stop hiking sooner than they currently expect, and that is likely to weigh further on AUD/USD whilst some Fed members continue to speak of interest rates being over 5.4% and ponder between a 25 or 50bp hike in March. AUD/USD daily chart: We can see on the 4-hour chart that the AU-US 2-year yield differential is pointing sharply lower as US yields continue to outpace their Australian counterparts. Prices are consolidating within a potential bear flag or retracement channel, whilst the RSI (14) remains below 50 and shows the potential for a lower high. If prices drift higher, bears could seek bearing setups below the 0.68200 (last week's VPOC) or the daily pivot point. Otherwise, they could wait for a bearish break of the bear-flag and assumes bearish continuation towards 0.6650 and 0.6570.
Short
by CityIndex