AUDUSD Trade Setup – Bearish Continuation in Play?Been monitoring AUDUSD closely since yesterday’s drop following the US news.
Price action has shown a solid bearish impulse, and I'm now anticipating a continuation to the downside. I'm particularly eyeing the 0.63877 USD zone for a bearish retest.
🔍 Plan:
Waiting for a confirmation candle around the 0.63877 area.
Watching the 9AM (UK time) candle close for signs of rejection.
Potential short setup after 10AM, aligning with the fresh H4 candle opening.
Patience is key — looking to trade only with confirmation.
📌 These are my personal views — not financial advice.
AUDUSD trade ideas
AUDUSD Will Go Down! Short!
Here is our detailed technical review for AUDUSD.
Time Frame: 1D
Current Trend: Bearish
Sentiment: Overbought (based on 7-period RSI)
Forecast: Bearish
The market is approaching a significant resistance area 0.638.
Due to the fact that we see a positive bearish reaction from the underlined area, I strongly believe that sellers will manage to push the price all the way down to 0.622 level.
P.S
The term oversold refers to a condition where an asset has traded lower in price and has the potential for a price bounce.
Overbought refers to market scenarios where the instrument is traded considerably higher than its fair value. Overvaluation is caused by market sentiments when there is positive news.
Disclosure: I am part of Trade Nation's Influencer program and receive a monthly fee for using their TradingView charts in my analysis.
Like and subscribe and comment my ideas if you enjoy them!
AUDUSD BULLISH WEAKNESS BUILDING UP#AUDUSD currency pairs showing early formation of bullish Upthrust weakness which could activate a rounded top chart pattern as seen in the image. The transformation of the bearish pattern would aid bearish sentiment to build up aggressively on the pairs. The pattern is forming at a major key-level structure detected from the weekly time-frame.
What can you see on your #audusd price chart?
AUDUSD InsightHello to all our subscribers!
Please share your personal opinions in the comments. Don’t forget to hit the booster and subscribe!
Key Points
- According to the Wall Street Journal, the White House is reportedly considering lowering the general tariff rate on Chinese imports from 145% to 50–60%, while also applying differentiated tariffs of 35% and over 100% based on national security concerns.
- U.S. President Trump stated that he plans to exempt certain auto parts from tariffs.
- In peace negotiations between Russia and Ukraine held in the U.K., the U.S. reportedly proposed terms that included freezing current territorial lines, recognizing Russia’s annexation of Crimea, and banning Ukraine from joining NATO. Ukraine strongly opposed these proposals.
Key Economic Event This Week
+ April 24: U.S. Initial Jobless Claims
AUDUSD Chart Analysis
After rising to the upper boundary of an overlapping resistance zone, the pair is now showing downward movement again. If it breaks below the 0.63000 level in this decline, a bearish trend would be confirmed, and the next target low would be around the 0.60000 level. However, if the pair fails to break through the 0.63000 level, the likelihood of a rebound increases, in which case a new strategy will be formulated.
AUD/USD DTF Time Frame – Technical & Fundamental AnalysisAUD/USD DTF Time Frame – Technical & Fundamental Analysis
Technical Outlook:
On the daily time frame, AUD/USD has been consolidating after a strong bearish move that drove price down to the 0.59000 level. Following this, significant buying pressure led to a breakout above the anticipated major key resistance at 0.63500.
Currently, price action is indicating accumulation above this critical level, confirmed by a bullish engulfing candle. This suggests that buyers may continue to gain momentum in the near term.
However, it’s worth noting that liquidity has not yet formed, which indicates the potential for a liquidity hunt between defined zones. Based on this, our current strategy is:
Buy Limit Order: 0.63080 (within the liquidity zone) to capitalize on the opportunity, aiming for a higher reward with a 1:4 risk-to-reward ratio.
Stop Loss: 0.62560
Take Profit: 0.65230 (next minor key resistance)
Risk-Reward Ratio: 1:4
This setup aligns with the broader bullish structure forming on the daily time frame.
Fundamental Outlook:
Australia’s positive fundamentals are contributing to a bullish outlook for AUD/USD:
Commodity Price Recovery: A significant rebound in global commodity prices, especially for iron ore, coal, and copper, has supported Australia’s key exports, boosting demand for the AUD.
China’s Economic Rebound: As Australia’s largest trading partner, China’s economic recovery—marked by increased industrial output and government stimulus—has led to a surge in export demand, which is also strengthening the Australian dollar.
Domestic Stability in Australia: The Australian economy is showing signs of stabilization, with stronger-than-expected employment data and rising consumer confidence. These developments reduce the likelihood of aggressive rate cuts by the Reserve Bank of Australia (RBA).
On the other hand, the U.S. fundamentals are showing some weakness:
Weaker-than-Expected Unemployment Claims: The latest U.S. Unemployment Claims came in at 222K, higher than the forecast of 215K and previous 215K, indicating a slight softening in the U.S. labor market. This adds further downward pressure on the USD, especially as concerns over economic momentum rise.
Conclusion:
Given the strong bullish technical setup and positive fundamentals for the Australian dollar, combined with the recent weakness in U.S. employment data, the outlook for AUD/USD remains bullish.
📌 Disclaimer:
This is not financial advice. As always, wait for proper confirmation before executing trades. Manage your risk wisely and trade what you see, not what you feel.
HEAVY SELL OFF ON AUDUSDIn this video I will be sharing my AUDUSD analysis today, by providing my complete technical analysis by using candlesticks in order to have confidence over the market/control over your emotion no matter what the fundamentals are saying concerning the market, so you can watch it and improve your forex trading skill.
AUDUSD Potential UpsidesHey Traders, in today's trading session we are monitoring AUDUSD for a buying opportunity around 0.63600 zone, AUDUSD is trading in an uptrend and currently is in a correction phase in which it is approaching the trend at trend at 0.63600 support and resistance area.
Trade safe, Joe.
AUD USD - Short Position EnteredA short position has been entered based on price action at key levels that align with the 200 day MA.
1. Previous month and previous week high line up the same (key level).
2. Fake breakout occurred yesterday as you see the large engulfing candle straight back into the range.
3. Current candle retested this breakout zone and rejected forming a nice daily pin bar.
Short position entered with a risk to reward close to 1:3
Downward trajectoryAussie Dollar will likely return to the previously established low. Price action was bullish and managed to rise past the 0.63600 mark. However, if the price action fails to sustain its upward pressure, settling above the previous high, the pair may correct in search of support and kickstart the buying pressure again.
GBPUSD SHORT FORECAST Q2 W17 D23 Y25 1' ENTRY MODEL EDUCATIONGBPUSD SHORT FORECAST Q2 W17 D23 Y25 1' ENTRY MODEL EDUCATION
Professional Risk Managers👋
Welcome back to another FRGNT chart update📈
Diving into some Forex setups using predominantly higher time frame order blocks alongside confirmation breaks of structure.
Let’s see what price action is telling us today!
💡Trade confluences📝
✅Weekly Order block rejection
✅15’ order block created
✅15’ wick rejections via order block
✅Intraday bearish breaks of structure
✅Tokyo ranges to be filled
✅1’ break of structure
✅1’ bearish engulfing candle fill
✅Sell limit order on the 1’ candle fill
✅Sell limit order via 1' order block created upon 1' break of structure
🔑 Remember, to participate in trading comes always with a degree of risk, therefore as professional risk managers it remains vital that we stick to our risk management plan as well as our trading strategies.
📈The rest, we leave to the balance of probabilities.
💡Fail to plan. Plan to fail.
🏆It has always been that simple.
❤️Good luck with your trading journey, shall see you at the very top.
🎯Trade consistent, FRGNT X
Trading AUD/USD for the first timeDid a little research on how to trade this pair. What I immediately figured out was that when the US dollar goes up in value, this pair will drop. Being that Trump mentioned he was going to let up on the Tariffs going on with China. So I figured the USD would go up. It turned out I was right! Had to wait over night but this morning AUD/USD went down and I got the win. I hope that snippet helps!
AUDUSD buy ideaRegarding the recent tariff imposed by the US President, this currency pair has been negatively impacted and is expected to continue its downward trend. The price is likely to find support at either the 4-hour demand zone or the daily Order Block, which is located just below.
To capitalize on this potential trading opportunity, consider placing a buy stop limit order instead of a limit order. I anticipate the price to stabilize at one of these two key zones.
Important Disclaimer
This is not financial advice. If you choose to take this trade, please apply proper risk and money management.
Long trade
15min TF Overview
📈 Buyside Trade – AUDUSD
🗓 Date: Thursday, 22nd April 2025
🕖 Time: 7:10 AM (New York Time)
📊 Session: London Session AM
⏱ Structure Timeframe: 1 Hour
📉 Entry Timeframe: 5 Minutes
🔹 Entry Price: 0.64045
🔹 Take Profit: 0.64381 (+0.52%)
🔹 Stop Loss: 0.64015 (-0.05%)
🔹 Risk-Reward Ratio: 11.2
🧠 Trade Rationale & Execution Notes: (Market Context)
This setup aligned with the ongoing bullish momentum visible on the 1-hour structure. Price had recently swept short-term liquidity and returned into a fresh demand zone, indicating potential accumulation.
5min TF Overview
AUD/USD IS BEARISH STRUCTUREHowdy Traders,
AUD/USD has experienced a bearish rally for the past nine days, during which it found strong support at 0.65735 . This support level has proven reliable in the past, as it successfully held the market. Furthermore, a subsequent bullish rally was observed.
In terms of the target, the market has confirmed a bearish outlook by breaking the 100-day EMA. This indicates that the market is likely to continue selling.
If the market sustained its support level so good movement is seen on the upside.
The target is- 0.66220 , 0.66047