Mon 24th Feb 2025 AUD/USD Daily Forex Chart Sell SetupGood morning fellow traders. On my Daily Forex charts using the High Probability & Divergence trading methods from my books, I have identified a new trade setup this morning. As usual, you can read my notes on the chart for my thoughts on this setup. The trade being a AUD/USD Sell. Enjoy the day all. Cheers. Jim
AUDUSD.P trade ideas
AUDUSD Uptrend at Risk? Higher Timeframes Taking ControlAUDUSD's short-term uptrend may be on the verge of failing as higher timeframes exert pressure. With a big wick hanging below, price action suggests a possible pullback to test those lower levels. Is this the beginning of a deeper drop, or will buyers step in? Watch closely!
Ghost's AUD/USD Long Setup (Shorter Term Targets)AUD/USD has now seen a 350+ rally off the lows with no substantial pullback. A lot of the time this kind of price action occurs on AU, it tends to extend a lot further than most traders predict but also not to the overly bullish targets retail traders will spout off like 70+ cents.
While I think a revisit to the lows before a long-term bullrun can be seen for AU is likely, I'm aware that price is indicating it's looking for a healthy correction before target the .65 zone, which is the POC for the higher time frames we broke down from weeks ago with no retest.
For these reason and the general understanding of price action and market structure I see a lot on AUD/USD, I'm bullish in the short-term if we can get a steeper pullback to the .629 area after taking profits on my shorts for 50+ pips around .635.
Best of luck team, Ghost Traders FX now for the year of 2025 has 25 wins in a row, almost 500+ pips gained, 0 losses, improving our overall core strategy results to 135 Wins, 18 Breakevens, 7 losses pulling our WR back to 95%+
Feel good to be trading at my best agian.
AUDUSDThe head of the Reserve Bank of Australia (RBA) is Michele Bullock, who has been serving as Governor since September 18, 2023. She is the first female Governor of the RBA and plays a crucial role in setting monetary policy for Australia.
As Governor, Michele Bullock chairs both the Reserve Bank Board and the Payments System Board, overseeing key decisions on interest rates and financial stability. Her tenure has seen significant economic challenges, including managing inflation pressures while supporting economic growth.
The Upcoming AUD/USD Fundamental Data Prints and Their Impact on Trade Directional Bias.
Several key economic indicators are set to influence the AUD/USD currency pair in the coming period. These include:
1. Reserve Bank of Australia (RBA) Interest Rate Decisions
Impact: The RBA is expected to cut interest rates, which could weaken the Australian dollar against the U.S. dollar if not already priced into markets.
Bias: A rate cut might initially lead to a sell bias for AUD/USD, but if it aligns with market expectations, its impact could be muted.
2. Australian Economic Indicators
Inflation Data (CPI): Higher inflation figures can lead to expectations of less aggressive rate cuts by the RBA.
Impact: Stronger inflation data might support a buy bias for AUD/USD.
Employment Figures: Positive employment data can indicate economic resilience.
Impact: This could support a buy bias for AUD/USD.
3. U.S. Economic Indicators
Building Permits and Housing Starts: Stronger-than-expected figures can boost USD strength.
Impact: This might apply downward pressure on AUD/USD, leading to a sell bias.
4. Global Trade Tensions
The ongoing situation with tariffs under Donald Trump's administration may indirectly affect Australia through its trade relations with China.
Current Market Sentiment
The recent rally in AUD/USD has been supported by a weaker USD and positive technical signals However, overbought conditions suggest potential corrections or reversals if key resistance levels are not breached convincingly
Potential Trade Scenarios:
Buy Bias:If Australian economic indicators show resilience (e.g., strong CPI or employment data), and global trade tensions ease further reducing risks for Australia’s economy.
Technical breaches above key resistance levels like on monthly timeframe , the RSI divergent giving me a break of supply roof ,if we close the month on break of structure and its confirmed as a break of structure scenario ,it might return on retest as demand floor and reject to test the long term descending trendline connecting 2012 to 2024
Sell Bias:
If U.S. economic indicators surprise positively (e.g., strong housing starts), supporting USD strength against other currencies including AUD.
A confirmed break below demand floor would likely reinforce this scenario.
AUDUSD: One More Bullish Wave Ahead 🇦🇺🇺🇸
I strongly believe that AUDUSD will resume growth soon.
2 recent strong bullish breakouts of key resistances on a daily
confirm the strength of a current uptrend.
The price is going to reach 0.642 resistance soon.
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AUDUSD 4hr trendline as supportPrice action closed touching the uptrend, I think this is a good opportunity for buys with 0.6460 as first target then 0.6540.
Uptrend also is confirmed by index dollar which is now weakening. Until this trendline holds it is possible to open multiple positions on lower timeframe.
TP on the break of the trendline or on a significant level. Good trade.
AUD/USD Bearish Breakout PotentialThe chart shows AUD/USD on a 1-hour timeframe, highlighting a consolidation phase with multiple rejections at resistance (labelled 1-4). The price has recently rejected the upper boundary and is breaking down from the range, suggesting bearish momentum. A significant liquidity grab appears to have occurred near the highs, followed by a strong rejection. The projected move suggests a further decline toward the next support level around 0.6300. Traders might look for confirmation via increased selling pressure and volume before entering short positions.
AUD/USD: Smart Money Loading Up or Another Trap?AUD/USD – Bullish Momentum or Liquidity Grab?
Technical Breakdown:
The Australian Dollar vs. US Dollar (AUD/USD) is showing an interesting setup, with price action hinting at potential continuation to the upside. Let’s dive into the analysis across multiple timeframes to see if buyers are in control or if we’re facing another liquidity trap.
Weekly Timeframe:
• AUD/USD experienced a strong bearish move after reaching 0.6938 in September 2024, followed by a relentless downtrend to 0.6085 by mid-November.
• Since then, we’ve seen a three-week bullish push off the lows, suggesting a potential shift in sentiment.
• A higher low has been established, but the key question remains: Will buyers maintain control?
Daily Timeframe:
• A structural break above 0.6311 signals bullish intent.
• The market previously swept early buyers, forming a double bottom, before pushing back above resistance.
• Current price action is retesting this level, potentially building liquidity for the next leg up.
H4 Timeframe (Trade Execution Level):
• Price printed a higher low at 0.6371, and bullish momentum is attempting to reclaim the recent highs.
• A strong bearish retracement provided a potential early buy entry, setting up a high reward-to-risk trade.
• If price holds above the 0.6359 entry zone, we could see further upside targets.
Entry & Risk Management:
• Entry: 0.6359
• Stop Loss: 0.6371 (tight 5-pip stop)
• First Target: 0.6408 (1:6 RR)
• Final Target: 0.6446 (1:9-1:10 RR)
Market Psychology & Liquidity Play:
• Many traders chased the highs and placed stop losses below local support—these were swept out.
• A large bullish volume candle remains significant, hinting at strength in buyers.
• If the market sustains momentum, we could see a move toward higher resistance at 0.6446.
Conclusion:
AUD/USD is setting up for a potential bullish breakout, but traders must watch for confirmations on lower timeframes. If price structure holds, this could be a highly profitable swing trade.
Like this breakdown? Follow, boost the post, and drop your thoughts in the comments! Let’s see where AUD/USD heads next.
AUD/USD Bullish Breakout Signals Further UpsideAUD/USD has broken out of a bullish flag pattern on the 4-hour timeframe, suggesting continued upward momentum. A buy entry is recommended at a retest of the former resistance level near 0.63700, now acting as support, aligning with a key bullish trendline.
Technical Observations:
Higher High Formation: The AUD/USD pair has established a higher high on the 4-hour chart, confirming an ongoing bullish trend.
Bullish Flag Breakout: Price has decisively broken above a well-defined bullish flag pattern, typically a continuation pattern that signals further upside.
Support Confirmation: The 0.63700 level, previously acting as resistance, is anticipated to act as support upon a retest.
Trendline Confluence: A bullish trendline further reinforces the support zone near the 0.63700 level.
Trading Recommendation:
Entry Point: Buy AUD/USD near the retest of the 0.63700 level.
Stop Loss: Place a stop loss at 0.63200 to manage risk.
Take Profit 1: 0.64200
Take Profit 2: 0.64700
Disclaimer:
This analysis is for informational purposes only and does not constitute financial advice. Trading involves risk, and you should carefully consider your risk tolerance before making any investment decisions.
AUDUSD LongAUDUSD Analysis (H4, Long Position):
1. Current Context:
At 0.63862, AUDUSD is likely near a lower range, possibly testing a support zone after a downtrend driven by USD strength or weaker Australian/Chinese economic sentiment. On H4, this could signal a potential reversal or consolidation before the next move.
2. Support and Resistance Levels:
Support: The current price of 0.63862 might be near a key support zone, likely around 0.6350–0.6380. This could align with a historical low, the 200-period EMA, or a Fibonacci retracement (e.g., 78.6% from a prior swing up).
Resistance: The next resistance could be around 0.6450–0.6470, a level that may correspond to a prior swing high, the 50-period EMA, or a psychological barrier.
3. Technical Indicators:
Moving Averages (EMA): If the price is below the 50 EMA (e.g., near 0.6450) but approaching the 200 EMA (possibly around 0.6380), a bounce off the 200 EMA could signal bullish potential. A 50 EMA crossover above the 200 EMA would confirm a trend shift.
RSI (14): If RSI is near oversold levels (below 30) or rising from 30–40, it suggests fading bearish momentum and a possible reversal.
Volume: Look for a spike in volume at 0.63862 or slightly below, indicating buyer interest at this support.
4. Patterns:
At 0.63862, H4 might show a bullish reversal pattern, like a "Double Bottom" near 0.6350–0.6380 or a "Hammer" candle after a downtrend, hinting at a bounce to 0.6450.
Alternatively, if the price is consolidating, a breakout above a short-term descending trendline (e.g., near 0.6400) could trigger a long entry.
5. Long Position Scenario:
Entry Point: If the price holds 0.63862 or dips to 0.6350–0.6370 and shows bullish confirmation (e.g., a strong bullish candle, engulfing pattern, or rejection of lower levels), enter a long position.
Stop-Loss: Place the stop below support, e.g., at 0.6330, to account for a potential breakdown.
Take-Profit: First target at 0.6450 (60–80 pips profit), second target at 0.6470 if momentum builds.
Risk/Reward Ratio: With a 20–30 pip stop and a first target of 60–80 pips, you get a 1:2 to 1:3 ratio, which is favorable.
6. Fundamental Factors:
AUDUSD at 0.63862 likely reflects USD strength (e.g., Fed hawkishness) or AUD weakness (e.g., softer commodity prices, Chinese demand concerns). A reversal could be spurred by positive Australian data (e.g., employment), a dovish US shift, or commodity price recovery. Check TradingView’s "Economic Calendar" for RBA or US events.
AUDUSD Will Move Higher! Long!
Take a look at our analysis for AUDUSD.
Time Frame: 12h
Current Trend: Bullish
Sentiment: Oversold (based on 7-period RSI)
Forecast: Bullish
The market is testing a major horizontal structure 0.638.
Taking into consideration the structure & trend analysis, I believe that the market will reach 0.645 level soon.
P.S
Please, note that an oversold/overbought condition can last for a long time, and therefore being oversold/overbought doesn't mean a price rally will come soon, or at all.
Like and subscribe and comment my ideas if you enjoy them!
AUD/USD - 1H Smart Money Concept Analysis📊 AUD/USD - 1H Smart Money Concept Analysis
🔹 Market Structure:
✅ Break of Structure (BOS): Strong bullish momentum with multiple BOS confirming an uptrend.
✅ Change of Character (ChoCH): Previous bearish attempts failed, indicating a bullish shift.
🔹 Key Levels:
✅ Demand Zones:
• 0.63670 - 0.63736 (Potential support & retracement area)
• 0.63222 - 0.63301 (Major demand zone if deeper pullback occurs)
✅ Fair Value Gaps (FVG):
• Price may revisit 0.63682 (FVG + Fibonacci 0.50 level) before continuation.
✅ Fibonacci Levels:
• 0.382: 0.63777
• 0.50: 0.63682 (Key Level)
• 0.618: 0.63587
• 0.705 - 0.786: 0.63517 - 0.63452
✅ Supply Zone:
• 0.64422 - 0.64563 (Potential target if bullish continuation holds)
📌 Trade Idea:
🔹 Bullish bias unless price closes below 0.63222.
🔹 Ideal buy entries: 0.63682 (50% Fib retracement + FVG).
🔹 Targets: 0.64422 - 0.64563 supply zone.
#FXFOREVER #AUDUSD #ForexAnalysis #SmartMoney #LiquidityHunt #BOS #FVG #PriceAction
AUDUSD BUY 0.6370On the daily chart, AUDUSD rebounded from a low level, and the short-term bullish trend is dominant. At present, the demand zone of 0.633-0.637 can be paid attention to. If it falls back and stabilizes, you can consider buying. The upper resistance is around 0.644. After breaking through, the upper resistance is around 0.650.