Audusd downtrend Audusd has been in a downtrend for the longest time until it recovered a little bit creating an uptrend which has been broken now after testing the downtrend resistance. Looking for a push down at this moment Shortby KelsoRamos4
AUDUSDwe see a retracement here after a big sell candles, now retracement are done in 61.80 fibo zone and we are waiting for bearish candles for sell till our TP, lets see...Shortby drittonUpdated 3
Audusd continue to the downsideAUDUSD has been in a downtrend for the longest time until it recovered a little bit creating an uptrend which has been broken now after testing the downtrend resistance. Looking for a push down at this moment Shortby KelsoRamos446
AUDUSD expected to fall againOn the daily chart, AUDUSD is under pressure below the downward trend line, and the bearish trend is dominant. At present, we can pay attention to the support near 0.6130 below. If it falls below, it is expected to continue to fall, and the downward target is around 0.6050. If the downward trend line is not broken, the trading idea of shorting on the rebound is maintained.Shortby XTrendSpeed1
Could the Aussie bounce from here?The price is falling towards the pivot which lines up with the 50% Fibonacci retracement and could bounce to the 1st resistance. Pivot: 0.6182 1st Support: 0.6159 1st Resistance: 0.6243 Risk Warning: Trading Forex and CFDs carries a high level of risk to your capital and you should only trade with money you can afford to lose. Trading Forex and CFDs may not be suitable for all investors, so please ensure that you fully understand the risks involved and seek independent advice if necessary. Disclaimer: The above opinions given constitute general market commentary, and do not constitute the opinion or advice of IC Markets or any form of personal or investment advice. Any opinions, news, research, analyses, prices, other information, or links to third-party sites contained on this website are provided on an "as-is" basis, are intended only to be informative, is not an advice nor a recommendation, nor research, or a record of our trading prices, or an offer of, or solicitation for a transaction in any financial instrument and thus should not be treated as such. The information provided does not involve any specific investment objectives, financial situation and needs of any specific person who may receive it. Please be aware, that past performance is not a reliable indicator of future performance and/or results. Past Performance or Forward-looking scenarios based upon the reasonable beliefs of the third-party provider are not a guarantee of future performance. Actual results may differ materially from those anticipated in forward-looking or past performance statements. IC Markets makes no representation or warranty and assumes no liability as to the accuracy or completeness of the information provided, nor any loss arising from any investment based on a recommendation, forecast or any information supplied by any third-party.Longby ICmarkets115
reverse signalthe green bars has a clear signal that the following trend will be long from here, but be careful if it keeps going down, so a stop-lose is a mustby Jackfromstreet3
AUDUSD Potential DownsidesHey Traders, in today's trading session we are monitoring AUDUSD for a selling opportunity around 0.62600 zone, AUDUSD is trading in a downtrend and currently is in a correction phase in which it is approaching the trend at 0.62600 support and resistance area. Trade safe, Joe.Shortby JoeChampion3312
AUDUSD Retest of Key breakout area at 0.62060-Fakeout or Retest.Following US CPI coming out as expected, (showing a slight uptick in inflation for December) TVC:DXY pushed back to 108.6-108.4 area: -> A rising wedge was identified on AUD/USD with an exit on the upside following CPI release. -> Aussie is trading at a key area around 0.6260, whether it will be a retest of the top of the wedge or a reclaim of this resistance and become a fakeout is still to be determined. Bulls narrative: -> Bulls see the current set up as a breakout from a wedge followed by a three leg pullback (5 min the time frame), they want a retest of 0.6260 followed by a follow through buying around 0.6260 and a reclaim of the 5 min EMA. bulls need to see follow through buying and consecutive bull bars. Previous 4H close above 0.62070 shows the market is willing to go above. Bears narrative -> After breakout there was no significant follow through buying followed by 5 consecutive bear bars on the 30 min. >A reclaim of the 0.62025 on the 4H timeframe would open the door to downside targets for at least a test of the bottom of the wedge at 0.61700. W -> Bears want weak buying around the 0.6260 and trap bulls for follow through selling and put them in a loosing trade For now, trade favors bulls with potential for upside targets around the daily 20EMA and a retest of the 0.62800 and 0.63000 area. If none of these scenarios play out in the coming hours, market will go sideways to down. Longby Baudoouin220
Aussie rises after US core CPI declines to 3.2%The Australian dollar is higher for a third consecutive trading day. In the North American session, AUD/USD is trading at 0.6233, up 0.63% at the time of writing. The US inflation report for December was a mixed bag, as headline CPI rose while the core rate declined. Headline CPI rose to 2.9% y/y from 2.7% in November, matching the market estimate. Monthly, headline CPI rose to 0.4%, up from 0.3% and above the market estimate of 0.3%. The more important story was the decline in core CPI, which excludes food and energy and is more closely watched by the Federal Reserve than the headline data. Core CPI eased to 3.2% y/y in December, down from 3.3% over the past three months and below the market estimate of 3.3%. Monthly, core CPI ticked lower to 0.2% in December, down from 0.3% a month earlier and in line with the market estimate. The decline in core CPI was small but still significant, as the core rate showed downward movement after remaining unchanged for three months. Investors responded by raising the probability of a quarter-point cut in March at 29%, up from 19% prior to the inflation release, according to CME's FedWatch. The Fed meets at the end of the month and is virtually certain to hold rates. Australia releases the December employment report early on Thursday. Australia's labor market remains solid, although the economy as a whole is struggling. Job growth increased by a strong 35.6 thousand in November, beating expectations. Will the positive trend continue? The market estimate for December stands at 15 thousand, which would mark a nine-month low. The unemployment rate has been low and fell to an eight-month low in November at 3.9%. It is expected to creep up to 4.0% in December. The Reserve Bank of Australia meets on Feb. 18 and the strength of the labor market is a key consideration in the central bank's decision-making. As long as the labor market remains solid and does not deteriorate quickly, the RBA can afford to hold off on a rate cut. If, however, the employment report is softer than expected, it would put pressure on the RBA to lower rates at next month's meeting. AUD/USD is testing resistance at 0.6231. Above, there is resistance at 0.6255 0.6189 and 0.6171 are providing supportby OANDA1
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 tradeLongby wavesscoutforex112
AUD/USD Bullish Trade Set Up! A lot of Confirmation! Tap In Now!We are seeing AUD/USD rebound from a 4-day bearish push to .61300 to new highs around the .62000 level. The .62000 level has been holding strong as a resistance level; four separate times it has held the market below it. It has now broken back above previous lows and is now retesting to the support line and is looking to move around the .61800 level. We are also hovering between the 50 and 200 EMA levels, with the EMAs starting to converge. Another sign we see is an inverse shoulder head shoulder on the 1 hour. The low of the right shoulder is the black box at .61700, and we don't want to see the market break below that point. If it breaks below the black low box, it is an indication of bearish strength. Move Summary: We want to see it make a move to break through the .62000 level to break into more buy territory and create new highs. A break above the 200 EMA would be another signal for bullish confirmation. Our target will be the MONEY box for a 3:1 trade. Like, Comment, and Follow if you agree with this Idea! Let's Connect!Longby AceTradingAcademyUpdated 1
OPPORTUNITY TO BUY AUDUSDKey Indicators Supporting a Buy Opportunity: • Support Levels: Aligned with Yearly, 6-Month, 3-Month, and 1-Month lows. • Low Trading Volume: Suggests potential for continuation in the current direction. • Historical Support: Echoes previous strong support observed in 2008 and 2020. Defined Goals for the Trade: TP 1 = 80 pips TP 2 = 200 pips TP 3 = 400 pips Longby FXStrongbestUpdated 3
Bought AUDUSD as per last postPatience Waited for all 5 outlined indicators.. Brilliant looking candles on 5 and 15 went 2% risk for this one.. FX:AUDUSD Longby Moss_Fettes2
Big onewaiting for testing of 5 indicators Bounce off the zone and take it as support Test the big gold zone and bounce Test trend and bounce Test 50 EMA and bounce Heavy Top candleLongby Moss_Fettes0
aud/usd bulls holding strong.Bullish flag pattern formed and confirmed after the bears push the market below 4 hour chart low.Longby endtrader18Updated 224
correction audusd longThe 4hr chart supported the 4hr chart uptrend that gave the Bulls control for long opportunity. Longby endtrader181
Audusd short Double retest from the 4 hour chart let’s see how this play out. Shortby endtrader18Updated 111
AUD/USD SHORT FROM RESISTANCE Hello, Friends! AUD/USD pair is trading in a local downtrend which know by looking at the previous 1W candle which is red. On the 2H timeframe the pair is going up. The pair is overbought because the price is close to the upper band of the BB indicator. So we are looking to sell the pair with the upper BB line acting as resistance. The next target is 0.613 area. ✅LIKE AND COMMENT MY IDEAS✅Shortby EliteTradingSignals116
TODAY WE HAVE CPI NEWS AND THIS IS AUD/USD ANALYSIS BEFORE NEWSHi guyz,this is aud/usd setup that show bears a still in the control of the market as you can see lower high and lower low a been created to show which direction price is heading.we may wait till price reach premium area before start looking for shorts positions we go with market flow today.it's CPI day trade safeShortby farajamwambagi2
audusd long tradeThe Relative Strength Index (RSI) is showing an upward trend, indicating increasing momentum. Additionally, the Moving Average Convergence Divergence (MACD) is showing a bullish crossover, further supporting the potential for an upward moveLongby Mansa_Musa_Capital0
AUDUSD SELL ANALYSIS SUPPLY ZONE Here on Audusd price has form a supply around level of 0.62010 and is likely to fall more so trader should go for short and expect profit target of 0.61684 with stoploss of 0.62090 . Use money managementShortby FrankFx141
Possibility of uptrend Considering the price behavior in the current resistance range, possible scenarios have been identified. It is expected that after some fluctuation and correction, the upward trend will continueLongby STPFOREX2
AUDUSD - Potential Bullish Reversal, LONGDear Friends, CPI Today, be Safe! How I see it: Falling Wedge Pattern. Price is holding around fair market value, exhaustion characteristics. Safest Option: Waiting for a wedge " breakout and hold (or Re-Test)" for a "Long" entry. The falling wedge pattern "breakouts" can be some of the most explosive of all breakouts. Keynote: (Patience!) "Falling Wedge Exhaustion" patterns are the best bullish reversal indicators in my opinion. It is also the best breakout patterns for a "LONG" entry of course. Whatever happens, regardless of the strength and the distance of the "breakout". IT HAS TO COME BACK AND TEST THE BREAKOUT "ZONE" AGAIN, ALWAYS! I deeply appreciate you taking the time to study my analysis and point of view. Longby ANROC1