Daily Wave Rider - AUDCAD - SELLAUDCAD
Channel: RED
WK Pivot: RED
AOB: WP
CON: SBB
SELL Stop: 0.86702
Stop Loss: 0.87310
TP01: 0.86094
DWR present as a sell setup on 18SEP, with Channel and Pivot are red bouncing of weekly pivot
However, trade is not taken/considered as it is not within our trading rules.
SPX500: BUY
DXY: SELL
OIL: SELL
GOLD: BUY
Reference to our WK38 analysis, we are anticipating a "Risk-On" sentiments thus will BUY AUD/NZD.
Audusdshort
Will AUDUSD will fall sharply?AUDUSD is a forex instrument that has 5.4% of trading volume.
The Instrument has been in a falling wedge pattern and seems to continue its trend for some time.
It has touched the above trendline and might break the rectangle pattern to the downside. If it happens, it might give a violent move to the downside.
Once it breaks, wait for the retest, and then enter after the retest. It might be a nice trade with RR: 1:2.5.
Reasons :
If it breaks to the downside, it will also break VWAP to the downside, which might trigger the selling moment.
RSI has already shown weak strength, and the trendline is broken to the downside in RSI.
Price < 13 EMA < 200 EMA (Weak Trend)
Bearish pattern formation for 3rd wave.
Verdict :
Bearish if breaks downside.
Plan of action:
Short after downside breakout retest
AUDUSD SHORT!!!Hey Traders!
What we see on AU is quite clear, we making a bearish structure in LTF, so we have permission to enter with half risk without confirmation from HTF,
So guys manage your risk not more than 0.5%,
I will update you if I see any sign of bullish move,
Good luck,
Any question comment me bellow!
@FxShd Team
AUDUSD SHORT TermVSELLING Trading IdeaHello Traders
In This Chart AUDUSD HOURLY Forex Forecast By FOREX PLANET
today AUDUSD analysis 👆
🟢This Chart includes_ (AUDUSD market update)
🟢What is The Next Opportunity on AUDUSD Market
🟢how to Enter to the Valid Entry With Assurance Profit
This CHART is For Trader's that Want to Improve Their Technical Analysis Skills and Their Trading By Understanding How To Analyze The Market Using Multiple Timeframes and Understanding The Bigger Picture on the Charts
AUDUSD gains to be limited?AUDUSD - 24h expiry
A Doji style candle has been posted from the base.
The current move higher is expected to continue.
The bias is still for lower levels and we look for any gains to be limited.
We therefore, prefer to fade into the rally with a tight stop in anticipation of a move back lower.
Further downside is expected although we prefer to sell into rallies close to the 0.6455 level.
We look to Sell at 0.6455 (stop at 0.6487)
Our profit targets will be 0.6375 and 0.6350
Resistance: 0.6460 / 0.6550 / 0.6625
Support: 0.6340 / 0.6275 / 0.6185
Risk Disclaimer
The trade ideas beyond this page are for informational purposes only and do not constitute investment advice or a solicitation to trade. This information is provided by Signal Centre, a third-party unaffiliated with OANDA, and is intended for general circulation only. OANDA does not guarantee the accuracy of this information and assumes no responsibilities for the information provided by the third party. The information does not take into account the specific investment objectives, financial situation, or particular needs of any particular person. You should take into account your specific investment objectives, financial situation, and particular needs before making a commitment to trade, including seeking advice from an independent financial adviser regarding the suitability of the investment, under a separate engagement, as you deem fit.
You accept that you assume all risks in independently viewing the contents and selecting a chosen strategy.
Where the research is distributed in Singapore to a person who is not an Accredited Investor, Expert Investor or an Institutional Investor, Oanda Asia Pacific Pte Ltd (“OAP“) accepts legal responsibility for the contents of the report to such persons only to the extent required by law. Singapore customers should contact OAP at 6579 8289 for matters arising from, or in connection with, the information/research distributed.
AUDUSD I Downside bias and short-term potential longWelcome back! Let me know your thoughts in the comments!
** AUDUSD Analysis - Listen to video!
We recommend that you keep this pair on your watchlist and enter when the entry criteria of your strategy is met.
Please support this idea with a LIKE and COMMENT if you find it useful and Click "Follow" on our profile if you'd like these trade ideas delivered straight to your email in the future.
Thanks for your continued support!
AUDUSD SHORT DO YOU AGREE?Has we can see all bearish PD Array are being respected and on Daily timeframe, we can see a bearish --breaker forming, Now moving to the 4H timeframe we can see an Orderblock that is yet to be mitigated which will be a potential area for a market structure shift which is my point of interest for a short entry.
AUDUSD hitting a line in the sand … the week of 04 SepThe line in the sand seems to be in the 0.65218 region. The aussie has stayed below it and failed to close above it for the last 17 trading days. This pair is below the 200 dma, the USDX is firmly bullish, I really don’t seem to have a choice but be bearish on AUDUSD – at least for the short to medium term.
Can the bulls try to make another short run to the upside? Yes, absolutely and I would welcome that because that would give a better entry for a short. I suspect that on Monday we may see some sideways moves and possibly on Tuesday, we should have a nice short entry.
My ideal trade parameters are indicated on the chart. The ideal scenario does not always happen, but if my analysis is correct, we have the potential of a 3R trade.
Being prepared for the unexpected is a good idea in trading, so please use sound money and risk management and stay patient in all your trades. If you like my content, please give it a “thumbs up” and follow me to get even more.
What do you think about this trade idea? Please comment and share your thoughts!!
The AUDUSD Showdown: Bulls, Bears, and a Tale of Two ContinentsGrab a cuppa, Forex enthusiasts, because we've got a drama unfolding in the currency market that's more gripping than a cricket Ashes series. The star of this financial soap opera? The AUDUSD currency pair, and let me tell you, it’s been a rollercoaster of a year. Imagine it like a chess match, except the kings are central banks and the knights and bishops are economic indicators. Confused? Don't worry, we’re breaking it down.
Scene One: Technical Tidbits
So, the AUDUSD has slipped to 0.6450 from an already modest 0.6500 earlier this week. That's not a cliffhanger; it’s a downhill slide that's been going on since the New Year’s fireworks. If this were a reality show, Team Bear would be winning, and Team Bull would be eyeing the exit.
The Chart Gossip
Picture a 200-day moving average as that posh, elusive club everyone wants to get into but can't. The AUDUSD is trading _below_ this VIP line, essentially making it the social outcast of currency pairs. Adding fuel to the fire, our pair is also entangled in a 'descending triangle pattern,' which in trader jargon means, "Don’t expect a U-turn any time soon, mate!"
Scene Two: The Fundamentals Face-off
Now let’s zoom out from the charts and plunge into the juicy, real-world stuff. What’s actually pushing our Aussie-US duo into this downslide?
Central Banks: A House Divided
The U.S. Federal Reserve and the Reserve Bank of Australia are like that couple we all know — in a complicated relationship. While the Fed is hiking up interest rates like a mountain climber scaling Everest, the RBA has nearly run out of gas. This disconnect is like a magnetic force, pulling the AUDUSD even lower.
The Aussie Battleground
Australia’s economy is looking a bit under the weather. We’re talking trade wars with the US, economic slowdown, and even our big buyer, China, cutting back on shopping sprees. A sluggish Aussie economy? Not exactly a crowd-pleaser for AUD investors.
The Chinese Domino Effect
Don't forget China, Australia’s main squeeze for exports. If China sneezes, Australia catches a cold, as the saying goes. The slowing Chinese economy, caught in its own trade war saga, is causing a decrease in demand for Aussie goods, adding another log to the AUDUSD’s funeral pyre.
Should You Dance with the AUDUSD?
You might think trading AUDUSD is like dating a bad boy: full of thrills, thanks to its high liquidity and yummy spreads. But let me tell you, folks, the excitement comes with caution stickers all over. It's a high-risk, high-reward game.
In a Nutshell
The ongoing drama surrounding AUDUSD is the Shakespearean tragedy of the Forex world, and the forecast doesn't look like a romantic comedy. We're talking diverging central bank policies, a weakening Australian economy, and China's fading appetite for imports. It's a triple-threat that points to a continued bearish outlook for the AUDUSD.
So, whether you're Team Bull or Team Bear, keep your wits about you. The AUDUSD market isn't for the faint-hearted, and it demands that you keep your finger on the pulse of global economic theatre. Curtain's down, but the next act promises to be just as riveting!
AUDUSD Long Term BUYING Trading IdeaHello Traders
In This Chart AUDUSD HOURLY Forex Forecast By FOREX PLANET
today AUDUSD analysis 👆
🟢This Chart includes_ (AUDUSD market update)
🟢What is The Next Opportunity on AUDUSD Market
🟢how to Enter to the Valid Entry With Assurance Profit
This CHART is For Trader's that Want to Improve Their Technical Analysis Skills and Their Trading By Understanding How To Analyze The Market Using Multiple Timeframes and Understanding The Bigger Picture on the Charts
AUDUSD Top-down analysis Hello traders, this is a complete multiple timeframe analysis of this pair. We see could find significant trading opportunities as per analysis upon price action confirmation we may take this trade. Smash the like button if you find value in this analysis and drop a comment if you have any questions or let me know which pair to cover in my next analysis.
AUDUSD Top-down analysis Hello traders, this is a complete multiple timeframe analysis of this pair. We see could find significant trading opportunities as per analysis upon price action confirmation we may take this trade. Smash the like button if you find value in this analysis and drop a comment if you have any questions or let me know which pair to cover in my next analysis.
AUDUSD downward move continues.AUDUSD - Intraday
Our short term bias remains negative.
There is no clear indication that the downward move is coming to an end.
Intraday rallies continue to attract sellers and there is no clear indication that this sequence for trading is coming to an end.
Preferred trade is to sell into rallies.
Bespoke resistance is located at 0.6440.
50 4hour EMA is at 0.6445.
We look to Sell at 0.6445 (stop at 0.6475)
Our profit targets will be 0.6375 and 0.6355
Resistance: 0.6420 / 0.6440 / 0.6460
Support: 0.6400 / 0.6380 / 0.6364
Risk Disclaimer
The trade ideas beyond this page are for informational purposes only and do not constitute investment advice or a solicitation to trade. This information is provided by Signal Centre, a third-party unaffiliated with OANDA, and is intended for general circulation only. OANDA does not guarantee the accuracy of this information and assumes no responsibilities for the information provided by the third party. The information does not take into account the specific investment objectives, financial situation, or particular needs of any particular person. You should take into account your specific investment objectives, financial situation, and particular needs before making a commitment to trade, including seeking advice from an independent financial adviser regarding the suitability of the investment, under a separate engagement, as you deem fit.
You accept that you assume all risks in independently viewing the contents and selecting a chosen strategy.
Where the research is distributed in Singapore to a person who is not an Accredited Investor, Expert Investor or an Institutional Investor, Oanda Asia Pacific Pte Ltd (“OAP“) accepts legal responsibility for the contents of the report to such persons only to the extent required by law. Singapore customers should contact OAP at 6579 8289 for matters arising from, or in connection with, the information/research distributed.
AUDUSD"Smart Money Insight: AUDUSD H1 Analysis Reveals Bearish Structure and Key Trend Line Liquidity Zone"
Description: "📊 **Unlocking Smart Money Wisdom: AUDUSD H1 Analysis** 📈
Gathering insights from the realm of smart money, I've delved into the AUDUSD landscape and uncovered a compelling narrative:
🐻 **Bearish Structure Emerges**: A detailed analysis of the H1 timeframe showcases the emergence of a bearish structure. This isn't just a fluctuation; it's a pattern that reflects the intentions of the market's key players.
📉 **Trend Line Liquidity Zone Identified**: As the trend evolves, I've identified a significant liquidity zone just below the heavy trend line. This area holds the potential to be a tipping point for price action.
💡 **Trading Perspective**: In light of these observations, I'm sharing my insight with the trading community. This isn't just about patterns; it's about understanding the minds behind the moves. Remember, trading is a journey of mastering the art of interpreting smart money moves.
🔍 **Disclaimer**: Trading involves risk, and this analysis isn't financial advice. Always perform your research and manage risk effectively.
Let's explore the hidden narratives of the market together. What are your thoughts on this smart money concept? 🤔📊 #SmartMoneyInsights #AUDUSDAnalysis"