AUDUSD - Looking To Sell Pullbacks In The Short TermH4 - Strong bearish momentum.
Lower lows.
Until the strong resistance zone holds I would be looking to sell pullbacks in the short term.
Audusdsell
AUDUSD: Asian foreign exchange dropped, USD recovered waiting foMost Asian currencies fell on Tuesday, while the dollar rose as traders largely remained risk-averse ahead of further signals on when the Federal Reserve may begin cutting interest rates.
The dollar index and dollar index futures rose 0.5% and 0.3%, respectively, during the Asian session on Tuesday. The dollar index is also trading at a small premium to futures, suggesting short-term demand for the greenback is growing.
Traders are now awaiting further signals on the Fed and the US economy, with Fed Governor Christopher Waller due to speak later on Tuesday.
On Wednesday, US retail sales and industrial production figures are expected to provide more clues on the world's largest economy, with any signs of cooling allowing for more bets on growth. cut interest rates soon.
However, the market appears to have moderated bets that the Fed will begin cutting interest rates as soon as March 2024, according to Fed policy tracker CME
AUDUSD: Asian foreign exchange markets fall, USD rises ahead of The Australian dollar was among the few exceptions on the day, rising 0.3% as data showed CPI inflation eased in November, but remained well above the Reserve Bank's 3% target of 2%. annual. Core inflation also remains high amid high food and service prices.
The dollar index and dollar index futures were mildly mixed during the Asian session on Wednesday, after seeing a sharp increase in overnight trading.
The main focus remains on the upcoming US CPI data is expected to show a slight increase in inflation in December. But difficult inflation, along with recent signs of strength in the labor market, gives the Fed more room to keep interest rates higher for longer periods of time.
While the central bank is expected to cut interest rates this year, the market is increasingly skeptical about whether a rate cut will come as soon as March 2024.
Fed officials also resisted betting on an early rate cut, as inflation is expected to remain well above the Fed's 2% annual target in the near term.
Divergent Inflation Paths: AUDUSD Set for Bearish MovementAnalysis for AUDUSD: Bearish Outlook
1. U.S. Inflation Trends:
- Recent Data: The U.S. Consumer Price Index (CPI) showed an increase of 3.4% year-over-year in December, the highest in three months. This rise was more than expected, indicating a continued inflationary pressure.
- Core Inflation: Core inflation, which excludes volatile items like food and energy, remains firm. Notable increases were seen in used cars, apparel, housing, and car insurance costs.
- Federal Reserve's Challenge: The Fed faces a difficult path in achieving its 2% inflation target. The recent data suggests that the decline in goods and energy prices is slowing, while inflation in housing and services remains high.
2. Impact on AUDUSD:
- Rising U.S. Inflation: Higher inflation typically leads to expectations of tighter monetary policy from the Fed. This could result in a stronger USD as interest rates may rise to combat inflation.
- Market Response: The release of the inflation data led to a fall in the S&P 500 and fluctuations in Treasuries, reflecting market uncertainty.
3. Comparison with Australian Economy:
- Australian Inflation: The Australian economy is reportedly experiencing a decrease in inflation, moving towards stabilization. This contrasts with the U.S. situation, where inflation remains a concern.
- Economic Stability: Greater stability in the Australian economy, compared to the ongoing inflationary challenges in the U.S., might typically favor the AUD. However, the current global economic environment appears to favor the USD.
4. Global and Political Factors:
- Global Risks: Rising shipping costs and potential escalations in the Middle East could impact global inflation trends, potentially affecting currency markets.
- U.S. Political Climate: Inflation continues to be a significant issue in U.S. politics, affecting public opinion and potentially influencing economic policy.
5. Technical Analysis:
- Technical Indicators: Traders should look for technical confirmation of a bearish trend, such as resistance levels, moving averages, and RSI indicators.
- Price Action: Watch for bearish patterns or breaks below key support levels in AUDUSD.
Conclusion:
Given the higher inflation rates in the U.S. and the expectation of continued Fed intervention to control inflation, there is a potential for a stronger USD against the AUD. However, traders should continuously monitor evolving economic data and geopolitical events that could influence market sentiment and currency values. Technical analysis should be used to validate any trading decisions in the context of current market conditions.
AUDUSD Short Term Sell IdeaH1 - Bearish trend pattern.
Currently it looks like a pullback is happening.
Until the two strong resistance zones hold my short term view remains bearish here.
AUDUSD SELLHello, According to my analysis of AUD/USD, the market has reached a very important stage. It has reached the strong resistance level at 0.69000. The price has bounced off it several times. We note that the pair reached the top of the ascending channel and was unable to penetrate it upwards. This puts pressure from the bears to fall further. Good luck everyone.
AUD USD TRADE SET UP 3hr Timeframe AUD USD is moving in an ascending channel,
The price has reached the Higher High Level of the channel for the 3rd time, which is also a strong resistance level
Upon reaching the HH level the market has formed a Doji candlestick pattern with a close below which is a good confirmation for a sell.
What do you think ?
AUDUSD : Short Trade , 4hHello traders, we want to check the AUDUSD chart. The price is moving in an ascending channel and has reached the indicated key level. We expect this level to act as a resistance level and the price will fall to around 0.66200. If the price cannot break this support level, we expect it to maintain its upward trend and the price will test the specified resistance level again. Good luck.
AUDUSD: UBS: The Fed will still be cautious and declare the needUBS comments ahead of the December 12th and 13th FOMC meeting:
The Summary Economic Outlook (SEP), released at the same time as the December policy statement, says there will likely be at least one, and more likely two, rate cuts in 2024. .
While the market is happy with the FOMC's rate cuts, UBS expects the committee to be a little more cautious.
The cumulative rate cuts deemed appropriate by a majority of FOMC officials over the SEP's forecast period are expected to be approximately 250 basis points.
It's still too early to declare victory over inflation
Even if the FOMC cuts rates, the Fed is likely to continue warning that it is prepared to raise rates again if there is any doubt that inflation is falling.
AUDUSD Double Top Bearish DivergenceAUDUSD shows bearish divergence with double top and trying hard to break the resistance. High probability of downward motion. Will it continue downward motion?
AUDUSD Head and Shoulders Pattern Short We expect further downside on this pair, signalled by the head and shoulders pattern breakout. We can also see the breakout of a key level which further supports our directional basis.
AUDUSD Strong Breakout!AUD-USD was trading in an
Uptrend in a rising channel
But now we are seeing a
A strong swing breakout
So I am bearish bised now
And I will be expecting
A further move down
Sell!
audusd sell signal. Don't forget about stop-loss.
Write in the comments all your questions and instruments analysis of which you want to see.
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P.S. I personally will open entry if the price will show it according to my strategy.
Always make your analysis before a trade
AUDUSD is ready to go shortWe are starting to see increased selling pressure at the level of 0.6565. The most recent high did not provide enough liquidity for the price to push higher again. Therefore, a sell-off is possible to target the level of 0.6435.
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AUDUSD R:R 1:4 short SellThis is for short term
Marked Possible Sell zone
Wait for FOMC release
And this is risky too.
Please DYOR before entering the trade.
sell limit in audusd lets take the pullbackWe have a lot of liquidity below, we have to take it before landing with its original trend, so we are going to take advantage of that price decline
AUDUSDThe AUD/USD is showing a bullish rebound on the 4-hour time frame, approaching a resistance line. Despite our overall bearish bias based on the previous weekly candle analysis, we see a potential opportunity for a trend-following short with a target set at the 0.641 level.
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.
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.
AUDUSDAUDUSD at the moment is forming a bearish pattern, I am expecting it to drop below the previous low of 0.62704; thereby establishing a new low.
AUDUSD good opportunity to grab liquidityHello trader! A good setup has formed for a downward move and liquidity grab. I'm placing a stop loss behind the order block and entering from the order block for the downward move.
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❤️And a comment is the best thing you can do for me now!
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.
