AUD_USD LOCAL LONG|
✅AUD_USD fell down sharply
But a strong support level was hit at 0.6337
Thus as a rebound is already happening
A move up towards the target of 0.6400 shall follow
LONG🚀
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AUDUSD.P trade ideas
Is this a bottom for AUDUSD?It's been a fantastic move lower, but is 0.6400 a spot for a reversal?
Nothing fundamental is serving as a catalyst for moving the pair in any direction for the rest of the year.
Trend: LSMA moving lower since 10/21/24
Momentum: Bearish
Japanese Candles: Inverted Hammer (imperfect) printed last week. Is this the bottom?
Chart Pattern: None
Support and Resistance: 0.6400 is Support, 0.6750 is a Bullish Target, 0.6200 is a Bearish Target
Fundamentals: No news this week or next
Trade: None
Stop: None
AUDUSD BUY | Idea Trading AnalysisAUDUSD is moving in an UP trend channel.
The chart broke through the dynamic Resistance line, which now acts as support.
We expect a decline in the channel after testing the current level which suggests that the price will continue to rise
Hello Traders, here is the full analysis.
I think we can soon see more fall from this range! GOOD LUCK! Great BUY opportunity GOLD
I still did my best and this is the most likely count for me at the moment.
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Traders, if you liked this idea or if you have your own opinion about it, write in the comments. I will be glad
Smart Money AUDUSDLooking for a major move up to clear all the engineered Buyside Liquidity that was left behind from the previous week trading sessions. While retail is chasing the sell side, I believe the bulls are stepping in this week to take out buy stops and offload positions. Follow for more!!!
AUDUSD Trade SetupFor those looking to enter this trade, you can take an entry now with a tight and light stop-loss.
For those who prefer a safer approach, wait for the break of wave 4, followed by a retest, and then enter. This method offers greater security.
The triangle pattern has formed successfully. However, keep in mind that most chart patterns are often designed to manipulate traders by breaking and moving against their positions.
As for me, I’m not concerned about such manipulations. I have a strict risk management plan in place, and I’ve identified two key entry zones as marked on the chart.
IS AUD/USD ON THE BRINK OF BREAKING STRONG SUPPORT?
FUNDAMENTAL VIEW
Later today, markets will focus on U.S. PMIs, with manufacturing PMI forecast at 49.4 and services PMI at 55.7. On Tuesday, at 5:30 PM GMT+4, key data releases include USD core retail sales and retail sales, expected at 0.4% and 0.6%, respectively.
On Wednesday, December 18, the spotlight will be on the Fed funds rate decision, with markets pricing in a 25bps cut during the December policy meeting. On Thursday at 5:30 PM GMT+4, USD GDP q/q is expected at 2.8%, alongside weekly unemployment claims projected at 245k. The week concludes on Friday with the U.S. core PCE m/m release, forecasted at 0.2%.
TECHNICAL VIEW
On the daily time frame, price action is consolidating within a defined range, with the upper red rectangle serving as strong resistance and the lower green rectangle acting as firm support. The price is struggling to break and close below this support zone. The RSI is near the oversold level of 30, suggesting a potential reversal, reinforced by the historically strong support at this level.
If bears succeed in closing the price below 0.63366, the pair could drop to the October 25, 2023, low of 0.62748, and potentially to 0.62001, almost a four-year low. This scenario could align with a strong dollar and political factors such as Trump's second term. Conversely, if bulls manage to push the price above 0.64742, the next target would be around 0.65488, signaling a possible bullish reversal. The coming days will provide clarity on the direction.
audusd buy signal. Don't forget about stop-loss.
Write in the comments all your questions and instruments analysis of which you want to see.
Friends, push the like button, write a comment, and share with your mates - that would be the best THANK YOU.
P.S. I personally will open entry if the price will show it according to my strategy.
Always make your analysis before a trade
Sell Opportunity Just looking for this sell off this 30min supply area , marked our daily high we just gone follow market structure,
Possibility of uptrend The uptrend is expected to continue to the specified resistance level. Then, based on the price behavior within this level, possible scenarios are identified.
Buy audusdStrong buy expected
Daily weekly oversold pair
Strong buying level just wait to LTF confirmation then enter into buy
AUDUSDGreetings Traders this is my analysis for AUDUSD .
From the last chart that had a solid growth we can see that the price is managing itself for a future Uptrend Movement.
I think the price will start a growth to it might reach our potential target for a Uptrend and for a Buy Position
Traders make your own analysis before trading.
Please leave a Like,Comment and Follow!
Thank you!
Read The AUDUSD MarketLet's Looking at AUDUSD Chart in all Scales and Prepare For start this Week, Good Luck With Your Trades <3
CHART BREAKDOWN AUDUSD: Key Levels, Targets and Thoughts!Brief Description🖊️:
The chart provides insights into critical market levels, emphasizing 1 essential supply zone: low-risk sell zone spanning from 0.64170 to 0.64210, respectively, is highlighted.
Things I Have Seen👀:
Important Supply Zone🟢: Identified between 0.64170 and 0.64210 serving as a low-risk sell.
Bearish Targets📉:
0.63980 : Possible retracement area.
0.63850 : Possible retracement area.
0.63800 : Possible retracement area.
0.63600: Possible retracement area.
0.63650 : Significant supply zone.
0.63500 : Liquidity area.
What's Important Now❗
Currently, the crucial approach is to wait and observe the price action at this level. We need to assess how the market reacts before considering any decisive moves. Stay observant and responsive to real-time developments in the market.
$AUDUSDAt the current price level, price is near a support level. Price extended lower after a consolidation zone. Looking for price to retrace towards the target zone listed on the chart.
AUDUSD - ANALYSISHello friends, I want to share my view on AUDUSD with you.
I expect the Australian dollar to move up, but there is a very important area left where liquidity has not yet been collected.
I expect the Australian dollar to make a low to the 0.63250 area and after hitting that area, it will start its upward movement. The first target I have for the Australian dollar is 0.65500 .
Trade safe
AUDUSD FORCASTAUDUSD Based on this Time Frame to Sell
Near Price Breakout after the test the Support Zone 0.62400
if you enjoy this forecast so Please Like And Comments.
AUDUSD FORCASTAUDUSD Based on this Time Frame to Sell
Near Price Breakout after the test the Support Zone 0.62400
if you enjoy this forecast so Please Like And Comments.
AUD-USD Risky Long! Buy!
Hello,Traders!
AUD-USD is approaching
A horizontal support of 0.6335
So despite a strong downtrend
We will be expecting a
Local bullish rebound
And a move up
Buy!
Comment and subscribe to help us grow!
Check out other forecasts below too!
Playing Both Sides of the Upcoming USD Monetary Policy DecisionTwo trading opportunities for the price of one today as we look at difference scenarios that may play out from out upcoming US monetary policy announcement this Wednesday.
The first trading opportunity on the NZDUSD is a bearish trend continuation/breakout trade that would take advantage of US Dollar strength in the market.
The second trading opportunity on the AUDUSD is a bearish gartley pattern that would complete if the reaction to Wednesday's decision provided us with US Dollar weakness.
I personally would not recommend trading through these news events, rather waiting for the outcome (confirmation) and making a decision afterwards, but it's your money and you can do whatever you want with it! lol
If you have any questions, comments or want to share you views, please do so below as I love reading through them.
Akil
AUD/USD Bearish Continuation AUD/USD is currently bearish and strongly approaching monthly demand area, with good R:R we may swing it and hope to catch the fall.
AUDUSD - Possible Outcomes20SMA - Blue
200SMA - Pink
Key Confluence Areas - Grey Lines
Market Structure Support/Resistance - Green/Red Dashed Lines
Dear Friends: (Away from charts)
It will be prudent to give your mind, body and soul a good rest, to recharge for the new upcoming exciting year!
How I see it:
Weekly candle body closed below 1W HL Support!
It could be a fake-out or it could signal a further
decline for stronger support
There is also a chance of just a reversal from this point,
or at least a strong attempt.
Keynote!
Alot of data this week. Trade safe as the year is coming to an end.
I deeply appreciate you taking the time to study my analysis and point of view.
AUD/USD Analysis (1-Hour Timeframe)I'm monitoring AUD/USD closely as the price approaches a black trendline. If the trendline is broken, it could signal a bearish move.
My target for this setup is the green support level, which has historically acted as a strong zone of buyer activity. This area could present opportunities for either reducing short positions or watching for a potential bounce.
Key points:
Wait for confirmation of a trendline breakout.
Observe volume and candlestick patterns to validate the move.
Be cautious around the green support level for possible reversals.
Patience is essential for the best entry!
