AUDUSD.P trade ideas
Lingrid | AUDUSD capitalizing on the BULLISH ContinuationFX:AUDUSD market continues to make higher highs, indicating that bulls are in control. The price has formed a range zone near last week's high, and there is a chance it may break above and reach higher levels. The market formed a small pause before continuing, as the price closed above the psychological level of 0.63000. On the daily timeframe, the price took liquidity below the previous day's low, and the subsequent move higher demonstrates bullish dominance. I expect the price to move toward the upper border of the channel. My goal is resistance zone around 0.64380
Traders, if you liked this idea or if you have your own opinion about it, write in the comments. I will be glad 👩💻
AUD/USD - Bullish Engulfing at Support for Long Entry📈 Trade Idea: Long AUD/USD
Analysis:
Price formed a bullish engulfing candle off the 0.6360 support zone, signaling strong buyer interest. This level was previously a resistance zone, now acting as support. The engulfing pattern confirms momentum shift, making it a strong entry trigger.
Trade Plan (Based on Chart Setup):
🔹 Entry: 0.6361 (Bullish engulfing confirmation)
🔹 Stop Loss: 0.6346 (Below support and engulfing low)
🔹 Take Profit: Fixed at 2R
Risk/Reward:
✅ Stop Loss: ~15 pips
✅ Take Profit: ~30 pips (2R target)
✅ Risk-Reward Ratio: 1:2
Why this trade?
✔️ Bullish engulfing at key support
✔️ Break and retest confirmation
✔️ Strong momentum shift in favor of buyers
📌 Looking for price to hold above 0.6360 to maintain bullish momentum.
AUDUSD Long Setup 2/19/25 (Smart Money)Smart money trading is the method I use.
It utilizes market structure, liquidity, and supply/demand zones. From my image you can see the steps before a long setup possibly in NY session tomorrow.
Liquidity was taken and momentum has went for the upside, looking for a long setup at my 7th step.
AUDUSD InsightHello, dear subscribers!
Please share your personal opinions in the comments. Don't forget to like and subscribe!
Key Points
- The U.S. is engaged in one-on-one negotiations with Russia regarding an end to the war in Ukraine, while tensions with Ukraine and the European Union continue to rise. U.S. President Donald Trump criticized Ukrainian President Zelensky on Truth Social, calling him a “moderately successful comedian” and a “dictator who never held an election.”
- ECB Executive Board Member Isabel Schnabel stated that the time is approaching for the ECB to either pause or completely halt rate cuts. She explained that inflation in the Eurozone remains high due to new shocks in energy prices and persistent wage growth.
- The FOMC meeting minutes indicated that, given the debt ceiling dynamics, there could be significant fluctuations in reserves over the coming months. Several participants mentioned that it might be appropriate to pause or slow down the balance sheet reduction until the debt ceiling issue is resolved.
Key Economic Events This Week
+ February 21: U.S. February Manufacturing PMI, February Services PMI
AUDUSD Chart Analysis
AUDUSD has successfully broken through the 0.63000 resistance level and continues its upward trend. However, there is overlapping resistance at the 0.64000 level, making further upward movement challenging. A significant pullback is likely, with 0.60000 being the most probable support level. Given this setup, the bias remains bearish.
If AUDUSD breaks above 0.64000, the next target would be 0.66000. In that case, we will adjust our strategy accordingly.
AUDUSD Analysis: Follow The Price BreakoutAUDUSD Analysis: Contracting Triangle Pattern
The AUDUSD is currently creating a "Contracting Triangle pattern." Typically, this is a bullish
or bearish continuation pattern, but in this scenario, AUDUSD is presenting both bullish and bearish trading opportunities due to ongoing tariff issues.
Later today, the FOMC Minutes will be in focus, which could further impact the market.
On Tuesday, U.S. President Donald Trump announced his intention to impose auto tariffs "in the neighborhood of 25%" and similar duties on semiconductors and pharmaceutical imports. This is the latest in a series of measures that could significantly disrupt international trade
You may find more details in the chart!
Thank you and Good Luck!
❤️PS: Please support with a like or comment if you find this analysis useful for your trading day❤️
Disclosure: I am part of Trade Nation's Influencer program and receive a monthly fee for using their TradingView charts in my analysis.
#AUDUSD 1DAYAUDUSD (4H Timeframe) Analysis
Market Structure:
The price has been in a downtrend but has now broken above the downtrend resistance, signaling a potential shift in market direction. A breakout from this level suggests that buyers are gaining strength, possibly leading to further bullish movement.
Forecast:
A buy opportunity may arise as the breakout indicates a change in trend. Waiting for a retest of the breakout level for confirmation can provide a stronger entry point.
Key Levels to Watch:
- Entry Zone: A buy position can be considered after a successful breakout and retest of the previous resistance as support.
- Risk Management:
- Stop Loss: Placed below the breakout level to minimize risk.
- Take Profit: Target key resistance zones where price may face selling pressure.
Market Sentiment:
The breakout of the downtrend resistance suggests that bullish momentum is increasing. A confirmed retest with strong price action can provide better confirmation for an upward move.
Australian Dollar holds up after RBA rate cut | FX ResearchEarlier today, the Reserve Bank of Australia cut rates by 25 basis points as widely expected. The accompanying communication leaned to the hawkish side with respect to the outlook on future rate cuts, which kept the Australian dollar propped up. As for Fed rate expectations, the market is currently pricing in 40 basis points of cuts in 2025. Meanwhile, risk sentiment has been improving in recent days due to an alleviation of stress around tariffs and a potential peace deal between Russia and Ukraine.
Key standouts on Tuesday's calendar include UK employment data, a speech from BOE Governor Bailey, German and Eurozone ZEW sentiment, Canada inflation data, New York Empire manufacturing, NAHB housing, and Fed speak. That's all for now.
Exclusive FX research from LMAX Group Market Strategist, Joel Kruger
Falling towards 50% Fibonacci support?AUD/USD is falling towards the support level which is a pullback support that lines up with the 50% Fibonacci retracement and could bounce from this level to our take profit.
Entry: 0.6304
Why we like it:
There is a pullback support level that aligns with the 50% Fibonacci retracement.
Stop loss: 0.6254
Why we like it:
There is a pullback support level that is slightly below the 38.2% Fibonacci retracement.
Take profit: 0.6375
Why we like it:
There is a pullback resistance level.
Enjoying your TradingView experience? Review us!
Please be advised that the information presented on TradingView is provided to Vantage (‘Vantage Global Limited’, ‘we’) by a third-party provider (‘Everest Fortune Group’). Please be reminded that you are solely responsible for the trading decisions on your account. There is a very high degree of risk involved in trading. Any information and/or content is intended entirely for research, educational and informational purposes only and does not constitute investment or consultation advice or investment strategy. The information is not tailored to the investment needs of any specific person and therefore does not involve a consideration of any of the investment objectives, financial situation or needs of any viewer that may receive it. Kindly also note that past performance is not a reliable indicator of future results. Actual results may differ materially from those anticipated in forward-looking or past performance statements. We assume no liability as to the accuracy or completeness of any of the information and/or content provided herein and the Company cannot be held responsible for any omission, mistake nor for any loss or damage including without limitation to any loss of profit which may arise from reliance on any information supplied by Everest Fortune Group.
AUD: A hawkish cut by the RBAThe Reserve Bank of Australia cut rates for the first time in four years this morning, matching consensus and market expectations. The 25bp reduction was accompanied by some rather hawkish remarks by Governor Michele Bullock, both in the statement and in the press conference.
Bullock seemed to focus on pushing back against the dovish repricing in the AUD curve, reiterating that the focus remains firmly on inflation risk. That approach is in contrast with those of other developed central banks (including the neighbouring Reserve Bank of New Zealand, which should cut 50bp this week) which have shifted towards growth concerns.
Markets are pricing just under two cuts in Australia by the end of 2025, while we have a slightly more dovish forecast with one cut per quarter (three in total). Bullock’s cautious tone on further easing has allowed AUD to counter the USD rebound this morning. That said, we doubt markets are ready to shift expectations to only one RBA cut this year, and AUD’s high exposure to the trade story and risk sentiment may quickly overcome any short-term benefits from the RBA’s tone today.
We still think a return to 0.62 in AUD/USD is warranted by the end of March, with further downside risks in the second and third quarters when US protectionism may intensify.