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
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AUDUSD.P trade ideas
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
Bullish bounce off 50% Fibonacci support?AUD/USD is reacting off the support level which is a pullback support that aligns with the 50% Fibonacci retracement and could bounce from this level to our take profit.
Entry: 0.6333
Why we like it:
There is a pullback support level that aligns with he 50% Fibonacci retracement.
Stop loss: 0.6298
Why we like it:
There is a pullback support level that line sup with the 78.6% Fibonacci retracement.
Take profit: 0.6387
Why we like it:
There is a pullback resistance level.
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AUDUSD: Growth & Bullish Continuation
The price of AUDUSD will most likely increase soon enough, due to the demand beginning to exceed supply which we can see by looking at the chart of the pair.
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AUD/USD (4H timeframe) chart shows a key development:Key Analysis:
Harmonic Pattern & Breakout: The price broke out from the triangle pattern, confirming bullish momentum.
Retest & Buy Zone: The market is currently retesting the breakout level, aligning with the previous resistance turned support.
Trade Setup:
Entry: Around 0.6330 (support zone)
Stop Loss (SL): Below 0.6316
Take Profit (TP): Around 0.6415, targeting previous highs
Trading Outlook:
If price holds above 0.6330, a bullish move toward 0.6400+ is expected.
A break below 0.6316 could invalidate the setup, leading to a deeper correction
WILL AUDUSD STRUCTURE LEADS TO A LONG TRADE?With AUDUSD making HH and HL with this bullish trend results into a long trade for the pair?
N.B!
- AUDUSD price might not follow the drawn lines . Actual price movements may likely differ from the forecast.
- Let emotions and sentiments work for you
- ALWAYS Use Proper Risk Management In Your Trades
#audusd
AUDUSD: Pullback From Support 🇦🇺🇺🇸
There is a high chance that AUDUSD will pull back from
the underlined daily support.
As a confirmation, I see a tiny double bottom on an hourly time frame.
Goal - 0.6342
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I am part of Trade Nation's Influencer program and receive a monthly fee for using their TradingView charts in my analysis.