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Audusdsetup

AUDUSD analysis: MACD bullish crossoverThe latest Reserve Bank of Australia (RBA) minutes, which opened the door to more interest rate hikes, may provide only marginal support to the Australian dollar when compared to the US dollar ( AUD/USD ). Stronger global economic growth, a Chinese industrial recovery, more risk appetite among investors, and widespread gains in commodity prices are required for the Australian dollar to thrive. These factors would strongly reverse the Aussie’s trajectory, pushing the AUD/USD comfortably back above 0.70. Therefore, for the time being, the RBA’s pledge serves to provide a floor, thus containing the potential downside risk of the AUD/USD pair, since the Fed is likewise convinced of rising interest rates forcefully. AUD/USD technical analysis Technically speaking, we are starting to notice positive indications from a short-term viewpoint. The momentum is rising on the daily chart, with the 14-day RSI climbing from 37 to 48. Breaking 50 would mean bulls might overtake bears in the near-term. The Moving Average Convergence Divergence (MACD) indicator produced a bullish crossover signal yesterday, as the MACD line (blue line) passed from below to above the signal line (orange). Four of the six MACD crossovers that had occurred in 2022, then provided the right signal. The 0.6875 level, which corresponds to the highs reached on July 8th, is the barrier that has to be broken in the very short term. Breaking this level might boost bulls’ convictions to target the 50-day moving average at 0.697. Idea written by Piero Cingari, forex and commodities analyst at Capital.com
by Capitalcom
AUDUSD - CURRENT SITUATION AND FUNDA & TECHNICAL BIAS#AUDUSD - Currently AUDUSD is going UP very fast. The reason for that is the RBA RATE HIKE FORECAST and the weakness of the dollar yesterday. A MARKET FEAR about the economic recession is currently underway. - Thus, COMMODITIES are going up now. It also affects the AUD very strongly. - AUDUSD can move further until it reaches the 0.6763 level. And after that, if the MARKETS RISK is ON, the TREND LINE in AUDUSD has definitely been BREAKED by now. It can be BUY up to 0.7233 LEVEL if the RISK ON condition continues with USD WEAKNESS.
by benny_marshall
AUDUSD - 240 MINS CHARTThe Structures looking Bullish, waiting for the this to correct and then give us these opportunities. Note: its my view only and its for educational purpose only. only who has got knowledge in this strategy will understand what to be done on this setup. its purely based on my technical analysis only (strategies). we don't focus on the short term moves, we look for only for Bullish or Bearish Impulsive moves on the setups after a good price action is formed as per the strategy. we never get into corrective moves. because it will test our patience and also it will be a bullish or a bearish trap. we do not get into bullish or bearish traps. we anticipate get into only big bullish or bearish moves. Just ride the bullish or bearish impulsive move. buy low and sell high concept. buy at cheaper price and sell at expensive price. Keep it simple, keep it Unique. please keep your comments respectful. Thanks for your support....
Long
by Tradelikemee
AUDUSD😂These FVG are too good😂 , If u are trading AUDUSD just beware of those FVG level. . . . . . 🧅Disclaimer :There are risks associated with investing in securities. Investing in stocks, bonds, exchange traded funds, mutual funds, and money market funds involve risk of loss. Loss of principal is possible. Some high risk investments may use leverage, which will accentuate gains & losses. Foreign investing involves special risks, including a greater volatility and political, economic and currency risks and differences in accounting methods. This is Not Financial Advice 🧅JUST AN OPINION OF THE ONION.🧅
by MLGONION
AUDUSD (SHORT) IDEA Hello Traders, Hope you are killing the markets this week. My overall perspective on AUDUSD is bearish, expecting this supply level to hold as long as we could get a nice 15 min rejection from our area of interest. We called out two shorts so far on this trade, first short took partials at 35 pips and our runners were stopped out at breakeven. Second shorts are currently running after 30 pips and looks like we will go breakeven on it again today given the dying volume today. However, our bias remains intact we still need to monitor this pair. Always move stops to breakeven after +25-30 pip moves Looking forward to see how the results of this trade unfolds. Thank you for your support and trust ! ETGL TEAM 💛
Short
by Eleventgl
AUDUSD D TF OVERVIEWwatch all my related ideas . . . . . . 🧅Disclaimer :There are risks associated with investing in securities. Investing in stocks, bonds, exchange traded funds, mutual funds, and money market funds involve risk of loss. Loss of principal is possible. Some high risk investments may use leverage, which will accentuate gains & losses. Foreign investing involves special risks, including a greater volatility and political, economic and currency risks and differences in accounting methods. This is Not Financial Advice 🧅JUST AN OPINION OF THE ONION.🧅
by MLGONION
🧅AUDUSD 15M1:5 RR on AUDUSD . Good Luck Trader 💯💯 . . . 🧅Disclaimer :There are risks associated with investing in securities. Investing in stocks, bonds, exchange traded funds, mutual funds, and money market funds involve risk of loss. Loss of principal is possible. Some high risk investments may use leverage, which will accentuate gains & losses. Foreign investing involves special risks, including a greater volatility and political, economic and currency risks and differences in accounting methods. This is Not Financial Advice 🧅JUST AN OPINION OF THE ONION.🧅
by MLGONION
AUDUSD | New perspective | Follow-up detailsThis is a follow-up detail on the publication shared during the weekend (see link below for reference purposes), where we already have a counter-trend opportunity running with over 160pips (2 positions) in our favour. With the current consolidation pattern projecting a triple top look-a-like structure since yesterday morning, I am anticipating the confirmation of a reversal pattern in the form of a breakdown of structure to signal a bearish momentum right below the key level identified at $0.7000 ( a very strong psychological level). Risk Disclaimer: Margin trading in the foreign exchange market (including commodity trading, CFDs, stocks etc.) has a high risk and is not suitable for all investors. The content of this speculation (including all data) is organized and published by me for the sole purpose of education and assistance in making independent investment decisions. All information herein is for your reference only and I take no responsibility. You are hereby advised to carefully consider your investment experience, financial situation, investment objective, risk tolerance level, and consult your independent financial adviser as to the suitability of your situation prior to making any investment. I do not guarantee its accuracy and is not liable for any loss or damage which may result directly or indirectly from such content or the receipt of any instruction or notification therewith. Past performance is not necessarily indicative of future results.
Short
by darcsherry
4