AUDUSD.P trade ideas
Potential bullish rebound?AUD/USD has bounced off the support level which is a pullback support and could rise from this level to our take profit.
Entry: 0.6276
Why we like it:
There is a pullback support level.
Stop loss: 0.6248
Why we like it:
There is a pullback support level.
Take profit: 0.6325
Why we like it:
There is an overlap resistance level that is slightly below the 50% Fibonacci retracement.
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AUD/USD trade plan **Chart Pattern & Analysis**
* *Pattern Identified:**
- The chart shows an **Ascending Triangle** pattern on the **AUD/USD 15-minute timeframe**.
- This is typically a **bullish continuation pattern**, indicating that price may break out to the upside.
**Key Levels:**
- **Resistance (Upper Trendline):** Around **0.6380**
- **Support (Lower Trendline):** Around **0.6365**
- **Exponential Moving Averages (EMA):**
- 7 EMA: **0.63768** (Short-term trend)
- 21 EMA: **0.63785** (Medium-term trend)
- 50 EMA: **0.63774** (Long-term trend)
**Trading Strategy:**
- **Bullish Case (Buy Entry):**
- If price **breaks above the upper trendline** (~0.6380) with strong volume, it could continue upward.
- **Target:** Next resistance level (~0.6440)
- **Stop-loss:** Below **0.6365**
- **Bearish Case (Sell Entry):**
- If price **breaks below the lower trendline**, the trend may reverse.
- **Target:** ~0.6320 (Previous support)
- **Stop-loss:** Above **0.6380**
**Conclusion:**
- Watch for a breakout confirmation before entering a trade.
- Volume and EMA crossovers can provide additional signals.
Entry at Key Level in Monthly Discount ZoneI am looking to enter a position on AUD/USD at a key level that aligns with this month’s discount zone. Since there are no significant fundamental factors influencing the Australian dollar or the U.S. dollar at the moment, this setup is based purely on price action and technical confluence.
Trade Setup:
Market Context: Price has retraced into the discounted portion of the monthly range, indicating a potential area of value.
Key Level: The entry is planned at a well-defined key level, which has previously acted as a liquidity cluster.
Confluence: The combination of the discount zone and key level increases the probability of a reaction in this area.
Lingrid | AUDUSD breaks the UPWARD channel. Potential ShortFX:AUDUSD market broke and closed below the upward channel following a bullish momentum, and the price has also fallen below the swap zone where it previously bounced twice. On the daily timeframe, the market appears bearish, indicating potential further declines due to prevailing bearish dominance. A shift in market structure is evident, with price making lower lows and breaking below previous higher low. Unless upcoming news positively influences the market, I think the price will likely continue to move lower. My goal is support zone around 0.62910
Traders, If you liked this educational post🎓, give it a boost 🚀 and drop a comment 📣
AUDUSD SHORT DAYTRADING SIGNALStock traders may advise shareholders and help manage portfolios. Traders engage in buying and selling bonds, stocks, futures and shares in hedge funds. A stock trader also conducts extensive research and observation of how financial markets perform. This is accomplished through economic and microeconomic study; consequently, more advanced stock traders will delve into macroeconomics and industry specific technical analysis to track asset or corporate performance. Other duties of a stock trader include comparison of financial analysis to current and future regulation of his or her occupation.
AUDUSD 15M Trade IdeaThe AUDUSD pair is showing strong signs of bullish momentum as we anticipate further upside potential. With an overall positive outlook on the Australian Dollar and supportive technical indicators, this pair is poised for a potential rally. Watch for favorable market conditions that could drive the price higher in the coming sessions.
AUDUSDHello Traders! 👋
What are your thoughts on AUDUSD?
The AUDUSD pair is moving within an ascending channel and has recently broken its downtrend line to the upside. This breakout could signal a continuation of the bullish trend.
We expect the price to make a pullback and correction toward the broken trendline before continuing its upward move towards the channel’s upper boundary.
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AUD/USD continues uptrend - waiting for FOMC🔔🔔🔔 AUD/USD news:
👉The US dollar is expected to trade cautiously ahead of the Federal Reserve’s (Fed) second interest rate decision of the year on Wednesday. The Fed is widely anticipated to keep interest rates unchanged in the 4.25%-4.50% range for the second consecutive time.
👉Meanwhile, the Australian Dollar (AUD) has shown strong performance in the last two trading sessions, driven by renewed optimism about China's economic prospects. Over the weekend, China introduced a comprehensive “special action plan” aimed at boosting domestic consumption by increasing household income. This development supports the Australian Dollar, as Australia's economy is heavily dependent on exports to China.
👉Domestically, the Reserve Bank of Australia (RBA) is likely to maintain a cautious stance on interest rate policy, given concerns that US President Donald Trump's tariff policies could heighten inflationary pressures in the Australian economy.
Personal opinion:
👉AUD/USD will still maintain its upward momentum due to the different policies of RBA and FED
👉However, this pair may correct a decline after RSI (4H) enters the overbought zone, which may be a good condition for you to buy at a good price
Analysis:
👉Based on important resistance - support levels and Fibonacci combined with trend lines and EMA to come up with a suitable strategy
Plan:
🔆 Price Zone Setup:
👉Buy AUD/USD 0.6340 – 0.6325
❌SL: 0.6295 | ✅TP: 0.6380 – 0.6430 – 0.6480
FM wishes you a successful trading day 💰💰💰
Why the Weak AU Jobs Report Might Not Force the RBA's HandAustralia's employment report for February delivered a surprising set of weak figures. Understandably, markets reacted by pricing in another RBA cut to arrive sooner than later. But if we dig a little deeper, an April or May cut may still not be a given.
Matt Simpson, Market Analyst at City Index and Forex.com
Setup #006 - AUDUSD - Long (Not the cleanest)Trade entered. I used the 5 min for entry but Tradingview doesn't let me post it on a small time frame.
We should find out if this is a winner or loser during the rest of US/UK overlap. I personally think price wants to drop more, but my strategy says to buy, so I'm listening to the strategy, plus there is a nice risk to reward for this trade.
Confluences:
✅ Bullish overall bias
✅ Bulllish demand zone
✅ Bullish ABCD on 15 min chart, bullish impulse crab on H4
✅ Bullish divergence in price reversal zone
✅ Buillish break of structure
✅ Entering NY open
✅ Break of structure confirmed
✅ Required risk:reward met