AUDUSD is maintaining horizontal accumulationAUDUSD: The AUDUSD is maintaining horizontal accumulation around the range from 0.6720-0.6760. However, it can be seen that in this price range there was a previous GAP decrease and yesterday this GAP area was filled. Therefore, in today's session, AUDUSD may continue its downtrend. You can consider selling with AUDUSD.
Audusdbuy
AudUsd trading idea (1:3 R:R) so finally we have a breakout on audusd from daily trinagle pattern as well as the consolidation from 1h we have marked
after the impulsive upside we have bullish fvg, it will be our entry point and sl will be as shown in chart below the pattern range
so
buy = 0.66913 , tr 0.67720 , sl 0.66652
this setup looks strong as the price has made a nice consolidation before breakout and also the pattern is on higher time frame of 1day and it has formed for almost many days it has good probability
AUDUSD: dropped sharply right from the resistance zoneAUDUSD: The AUD the day past fell sharply from the resistance location round 0.6680. Still preserving round the buildup zone. Therefore, in today`s session, it's miles anticipated that AUDUSD will nonetheless fall to the 0.6600 location and can get better whilst it touches this guide zone. You can remember quick promoting with AUDUSD today.
AUDUSD: maintains narrow accumulationAUDUSD: this pair is still maintaining a fairly narrow accumulation around the 0.6640-0.6670 threshold with selling pressure above the resistance area being quite strong. The scenario in today's session is expected that AUDUSD will not have many changes and breakthroughs. Mostly it will still maintain accumulation until the end of this week. You can consider selling with AUDUSD around 0.6670.
AUDUSD Short Term Buy IdeaD1 - Double trend line breakout
No opposite signs
Expecting the price to continue higher further in the short term
H4 - Currently the price is moving inside a range
A valid breakout above the top of the range would be the validation for this bullish view.
Alternatively if we get a valid breakout below the bottom of this range then this bullish view will be invalidated.
AUDUSD: slight correction from the peak areaAUDUSD: The AUD in the short term has also had a slight correction from the peak of 0.6680. It is expected that in the short term, AUDUSD will fluctuate and accumulate with the support area around the 0.6600 threshold. In today's session, it is possible that AUD will test this price range again. Ace can consider waiting to buy up AUDUSD today.
🤔AUDUSD: example of an unclear market🤔☝️Do not act based on my analysis, do your own research!!
Learn from my experience, with all the mistakes and pain shared on the way to the main goal - consistency. I'm always glad to discuss and answer questions.
⚠️ ALL videos and ideas here are for sharing my experience purposes only, not financial advice, NOT A SIGNAL. YOUR TRADES ARE YOUR COMPLETE RESPONSIBILITY. Everything here should be treated as a simulated, educational environment. DO NOT act based on my analysis, do your own research!!
AUDUSD: The AUD has also returned to rising momentumAUDUSD: The AUD has also returned to its upward momentum, especially surpassing the 0.6660 zone, showing that the flag pattern has broken to maintain the previous upward trend, so AUDUSD has a high risk of continuing to rise above it. resistance zone 0.67 to move to higher price area. The target is expected to be above the 0.68 threshold. Therefore, in the short term, you can consider buying up AUDUSD today. Recommended to buy around the current price range
GBPUSD: in the short term there is also a recoveryGBPUSD: In the quick time period, the British Pound is likewise recuperating to check the resistance round 1.2770. On the H1 frame, it could be visible that this resistance region has promoting stress acting on GU, so withinside the quick time period and with high-quality records which could come to the USD tonight, it's far anticipated that GU will even flip down whilst tested. Check this resistance zone. Ace considers promoting down with GU round 1.2770, quick-time period goal returns to 1.2700
AUDUSD: In the short term, the AUD is recoveringAUDUSD: In the quick term, the AUD is recuperating from the aid vicinity round 0.6600. And in today`s context, it's miles predicted that AUDUSD will now no longer have many fluctuations. Most will acquire strain from the 0.66-0.sixty seven vicinity, so that you can take into account ready to promote across the 0.sixty seven resistance vicinity.
AUDUSD: maintaining narrow range accumulationAUDUSD: The AUD withinside the quick time period is likewise preserving a slender accumulation variety with a corrective downtrend wherein the aid place of 0.6590 is likewise touching the EMA200 withinside the H4 frame. The predicted situation is that AUDUSD may also lower from the modern-day rate variety. If AUDUSD falls beneath 0.6590, it'll verify a longer-time period downtrend. It is usually recommended to promote with this forex pair.
AUDUSD - Looking To Buy Pullbacks In The Short TermD1 - Downtrend line breakout
No opposite signs
Expecting short term bullish moves to happen here.
H4 - Strong bullish momentum
Currently it looks like a pullback is happening.
Until the two strong support zones hold my short term view remains bullish here.
AUDUSD: 1000+ PIPS Swing Buying Opportunity Approaching! FX:AUDUSD
A swing buy opportunity on AUDUSD is approaching, after looking at how price has moved in recent time. Giving us enough confidence to swing buy at the right area as we have marked on the chart. Please use accurate risk management to have upmost success in the market.
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AUDUSD BUY | Idea Trading AnalysisAUDUSD is moving in an UPtrend channel.
The chart broke through the dynamic Resistance line, which now acts as support.
We expect a decline in the channel after testing the current level which suggests that the price will continue to rise
Hello Traders, here is the full analysis.
I think we can soon see more fall from this range! GOOD LUCK! Great BUY opportunity EURUSD
I still did my best and this is the most likely count for me at the moment.
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Traders, if you liked this idea or if you have your own opinion about it, write in the comments. I will be glad
AUD/USD: Westpac's Bullish Perspective The AUD/USD and NZD/USD are trending higher due to risk-on flows boosting these currency pairs.
For AUD/USD, on the downside, immediate support could lie at 0.6594, just above the 100 Daily Moving Average. The RSI is almost levelling off at around 80.
Westpac recently highlighted a bullish stance on AUD/USD:
“...there is no clear path to significantly higher US yields at the moment, especially with Powell reiterating that persistent inflation trends prolong restrictive policies rather than suggesting imminent rate hikes. Additionally, there are increasing risks of a weakening job market, as indicated by softer April payrolls and last week's rise in jobless claims.”
In essence, Powell has tentatively ruled out rate hikes, while Nonfarm Payrolls and other job data have started to soften.
Furthermore, recent US CPI data revealed that the annual inflation rate eased to 3.4% in April 2024 from 3.5% in March. Although inflation remains stubbornly high, the downward trend may not support USD bulls.
Extra gains might push the AUD/USD to test 0.6700, before approaching the key 0.6750 level.
AUDUSD I Potential corrective bounce or consolidation Welcome back! Let me know your thoughts in the comments!
** AUDUSD Analysis - Listen to video!
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Countdown to RBA rate decision Countdown to RBA rate decision
The nine members of the Reserve Bank of Australia (RBA) are set announce its latest interest rate decision that could significantly impact the Australian dollar.
This comes amidst remarks from Warren Hogan, Chief Economic Advisor at Judo Bank, who suggests that the central bank might soon need to raise rates to over 5%, a notable increase from the current 4.35%. Hogan asserts, "We're nearing two years since the commencement of rate hikes, and it appears that it's not yielding the desired outcomes."
The money market indicates only a small probability of a rate hike today. However, Economic Editor John Kehoe from the Australian Financial Review raises doubts about whether the market is downplaying the likelihood of such an increase. According to Kehoe, over the last 25 years, the RBA has consistently raised interest rates promptly when confronted with a quarterly inflation rate as high as the current one, barring exceptional economic conditions.
In contrast, Gareth Aird, Head of Australian Economics at CommBank, posits that Australia's neutral cash rate likely lies between 2.5% to 3%, and any rate exceeding 3% is sufficiently constraining.
On the daily chart, the price has once more approached a significant resistance zone at 0.6650, where the pair encountered rejection in both April and March.
Should the Reserve Bank of Australia adopt a more hawkish stance today, even in the absence of a rate hike, it might catalyze a breakthrough of this resistance level for the pair. Conversely, a downward move could find support around the 100-day moving average.