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Audusdidea

AUDUSD: RBA to hold rates steady for an extended period!Greetings to all traders! I have some valuable trading-related information that I would like to share with you. Please give it a read and if you find it helpful, kindly leave a positive feedback and consider following me ❤️ While Australia's activity data has shown a slight decline, the Reserve Bank of Australia (RBA) is still focused on tightening monetary policies due to persistent inflation patterns. Additionally, we believe that China's reopening will positively impact the Australian dollar's performance. We anticipate that the Australian economy will avoid a recession this year, and the RBA will maintain interest rates at 3.85% for an extended period. As a result, we expect the Australian dollar to outperform the US dollar in 2023 and 2024. Note: Note: Full TP, SL for winning the market and safe trading!
Long
by Sphyn-Trader
1
AUDUSD Trading Plan - 20/Mar/2023Hello Traders, Hope you all are doing good!! I expect AUDUSD to go Down after finishing the correction. Look for your SELL setups. Please follow me and like if you agree or this idea helps you out in your trading plan. Disclaimer: This is just an idea. Please do your own analysis before opening a position. Always use SL & proper risk management. Market can evolve anytime, hence, always do your analysis and learn trade management before following any idea.
Short
by For3xScalper
AUDUSD 4h long entryHello guys, Today we are going to take a long entry in OANDA:AUDUSD currency pair. Right now, the price is coming down to take the support of 4h time frame . If you look at this currency pair of the 4-hour chart you can clearly see the price is going upward by taking the support its 4hr trendline. So, from here, there is a chance for this currency pair to go up. Once it has given a breakout from the resistance line there will be a big move ahead. Thanks & regards, Alpha Trading Station Disclaimer: This view is for educational purpose only & any stock mentioned here should not be taken as a trading/investing advice. We may or may not have position in the stocks mentioned here. Please consult your financial advisor before investing. Because Price is the "King of Market".
Long
by AlphaTradingStation
AUDUSD Trading Plan - 15/Mar/2023Hello Traders, Hope you all are doing good!! I expect AUDUSD to go Up after finishing the correction. Look for your BUY setups. Please follow me and like if you agree or this idea helps you out in your trading plan. Disclaimer: This is just an idea. Please do your own analysis before opening a position. Always use SL & proper risk management. Market can evolve anytime, hence, always do your analysis and learn trade management before following any idea.
Long
by For3xScalper
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
How important is liquidity in the forex In the foreign exchange market, understanding liquidity and volatility is crucial for investors, as liquidity refers to the level of trading activity and volatility is highly influenced by liquidity. If liquidity is too poor, it can lead to significant price fluctuations, making it difficult for investors to manage risks. What is liquidity, and why is it important? Liquidity can be used to observe the level of activity in the foreign exchange market, specifically how many buy and sell orders are actively traded. The foreign exchange market is a 24-hour trading market, with a daily trading volume of nearly $6 trillion, making it one of the most liquid markets in the world. However, it is worth noting that not all currency pairs have excellent liquidity in the foreign exchange market. In fact, currency pairs often have varying degrees of liquidity depending on whether they are major, minor, or exotic currency pairs. Liquidity decreases in the order of major currency pairs -> minor currency pairs -> exotic currency pairs. What are the major currency pairs with the "best" liquidity? EURUSD The euro against the US dollar is the most actively traded currency pair in the foreign exchange market due to the eurozone and the US being the two largest economies globally. Due to the enormous trading volume of the EURUSD currency pair, it also has high liquidity, making its volatility usually lower than other currency pairs. However, even the most liquid instruments can experience significant price swings under certain conditions, such as the outbreak of the Covid-19 pandemic in March 2020, when the Fed implemented zero interest rates and unlimited QE, causing the EURUSD to surge instantaneously, one of the high volatility scenarios. USDJPY The US dollar against the Japanese yen is the second most traded currency pair in the foreign exchange market, second only to the EURUSD. The USDJPY currency pair also has high liquidity because during periods of economic uncertainty or financial market turmoil globally, the Japanese yen is widely regarded as a "safe-haven currency." Thus, market funds are easy to flow into buying the Japanese yen, often resulting in a significant increase in trading volume of the USDJPY currency pair. GBPUSD The British pound against the US dollar currency pair is also known as "Cable" because GBPUSD was the first currency pair to be traded via transatlantic communication cables. The UK and the US are two major Western economies with close trade relations, making the trading volume of GBPUSD also massive. What are the "lowest" liquidity exotic currency pairs? Exotic currency pairs usually have the lowest liquidity, such as the Polish zloty against the Japanese yen. As the economic trade volume between Poland and Japan itself is not high, the delivery demand or hedging risk demand of the two currencies is relatively small. Therefore, exotic currency pairs usually have low liquidity. Does the liquidity of the forex market vary during different trading sessions throughout the day? In daily forex trading, there are periods of low activity, such as during the Asian session when prices tend to consolidate. However, during the London and US sessions, prices are more likely to experience significant fluctuations. Among the trading sessions throughout the day, the US morning session has the best liquidity, as it overlaps with trading hours in Europe and London. The forex trading volume during the European and London trading sessions accounts for over 50% of the daily global trading volume, with the overlapping period with the US morning session accounting for approximately 20% of the total daily trading volume. The volatility of forex is directly influenced by liquidity. Liquidity has a significant direct impact on market price volatility in all financial markets, including the forex market. High liquidity markets have higher trading volumes and therefore lower volatility, resulting in more stable commodity prices. In contrast, low liquidity markets have lower trading volumes, higher volatility, and commodity prices are more likely to experience significant fluctuations. As a professional with in-depth knowledge of futures products such as cryptocurrencies, forex, stocks, gold, and crude oil, I regularly update my trading strategies. Thank you for your support and likes, and please feel free to leave me a message if you have any questions. I will provide you with the most reliable advice and hope to be of help to you.
Education
by FlashTrades_
1
I am long on AUDUSD After a prolonged downward trend, AUDUSD has returned to a stable market, showing signs of bottoming out. I plan to initiate a light long position on AUDUSD, adding on dips, and will reap a decent profit if a bottom forms. My personal trade recommendation: Enter a long position near 0.67000-0.67050, with the first profit target at 0.67800, second at 0.68500, and third at 0.69200. If you are trading with me, please control your position size reasonably, and those with small capital or poor mentality should not participate. I have extensive knowledge of futures products such as cryptocurrencies, foreign exchange, stocks, gold, and crude oil, and regularly update my daily trading strategies. Thank you for your support and likes, and please feel free to leave me a message if you have any questions. I will provide the most secure advice and hope to help you.
Long
by FlashTrades_
2