AUDUSD Feedback Analysis6 days ago I published this trade idea right here on my profile. It palyed exactly as predicted.
Now dropping from same zone I said it will.
AUDUSD trade ideas
Another contrary move expected in AUDUSD; bullish Purge & RevertGreetings fellow traders!
Bullish Purge and Revert in progress in AUDUSD. The purging Daily candle's high is broken and we have the confirmation. Long till 0.66400 .
Here is the daily chart for reference:
There is something very important to be kept in mind. We have lots of important news drivers coming in, especially NFP and the US Presidential elections . Market behaviour cannot be expected to be perfect during such volatile times. Play it safe or don't play at all. Wait for things to quiet down .
This week and the next, stay safer.
Disclaimer- All content is for educational purposes only and not trading advice.
AUDUSD InsightHello, subscribers! Great to see you all.
Please share your personal opinions in the comments, and don’t forget to like and subscribe!
Key Points
- U.S. presidential election has begun, and early counts show Trump with a slight lead.
- The dollar rose on perceptions that Vice President Harris held a narrow advantage in the final moments.
- Forecasts from The Hill and DDHQ place Trump’s chance of winning at 54%.
- The Reserve Bank of Australia kept its policy rate steady at 4.35%, citing persistently high core inflation.
Upcoming Economic Events
- U.S. presidential election underway
- Bank of England rate decision on November 7
- FOMC regular meeting on November 8
AUD/USD Chart Analysis
AUD/USD is currently around the 0.66000 line. Previously, it was expected to decline to the 0.64000 level due to a strong downward trend. However, with the RBA’s rate hold and the dollar’s slight weakening, we are seeing a mild upward movement. Due to the influence of the U.S. election, market direction remains uncertain. If the price breaks upward, we’ll set 0.69000 as the high point; if it trends downward, 0.64000 will be the low point. Should either of these points be breached, we’ll quickly establish a new strategy.
AUDUSD Potential DownsidesHey Traders, in today's trading session we are monitoring AUDUSD for a selling opportunity around 0.66450 zone, AUDUSD is trading in a down trend and currently is in a correction phase in which it is approaching the trend at 0.66450 support and resistance area.
Trade safe, Joe.
6-11 ProbelegAUDUSD 6-11: New trend that we are cautiously entering in connection with the US elections. The pair is moving from a downtrend with higher highs to an uptrend. We executed a buy at 0.664.
AUDUSD H1 - AUD Strongest Currency Against USD Weakest = UpTrendThis indicates which currencies are GAINING value and which currencies are LOSING value.
As a result, we see which pairs to trade.
By trading the currency gaining the most value against the currency losing the most value = We aspire to ride the strongest trends, obtain the highest performance, be in the safest trades and to avoid the choppy chaotic charts.
---
This layout displays the Value, Performance and Pressure behind each currency.
Let's break it down by panel.
--
In the top panel: Indicator 'Currencies' / Settings: Performance All 8 Currencies.
We see the performance of all 8 major currencies.
Most recent bars:
AUD (Orange line) is the strongest currency.
USD (Red line) is the weakest currency.
So, we bought the AUDUSD pair because both currencies are going opposite ways (AUD going up / USD going down).
--
In the second panel: Indicator 'Currencies' / Settings: Pair Performance.
We see the Performance of the 2 currencies of the pair on chart.
The AUD (Orange line) and the USD (Red line) + the Pressure of the Pair in the background.
The brighter the color in background = The higher is the performance for the pair on chart.
--
In the 3rd panel: Indicator: The 'Template'. (Over 10 years in R&D to paint the chart perfectly.)
Resistance was broken and retested. Resistance became support.
--
In the 4th panel: Indicator 'Currencies' / Settings: Pressure.
We see the Pressure behind each currencies of the pair on chart.
The Higher is the line = More Upside pressure.
The Lower is the line = More Downside pressure.
--
5th panel: Indicator 'Currencies' / Settings: Value of the Base currency (AUD).
Displays the Value of the AUD + Intensity Background (Up/Down)
6th panel: Indicator 'Currencies' / Settings: Value of the Quote currency (USD).
Displays the Value of the USD + Intensity Background (Up/Down)
Strategy for 5th and 6th panels:
Blue Background (One Currency Gaining Value)
AGAINST
Red Background (One Currency Losing Value)
= Pair Trending.
(If you want to learn more about this, we have recorded a video. Comment 'Video'.)
AUDUSD H1 - AUD Strongest Currency Against USD Weakest = UpTrendThis indicates which currencies are GAINING value and which currencies are LOSING value.
As a result, we see which pairs to trade.
By trading the currency gaining the most value against the currency losing the most value = We aspire to ride the strongest trends, obtain the highest performance, be in the safest trades and to avoid the choppy chaotic charts.
---
This layout displays the Value, Performance and Pressure behind each currency.
Let's break it down by panel.
--
In the top panel: Indicator 'Currencies' / Settings: Performance All 8 Currencies.
We see the performance of all 8 major currencies.
Most recent bars:
AUD (Orange line) is the strongest currency.
USD (Red line) is the weakest currency.
So, we bought the AUDUSD pair because both currencies are going opposite ways (AUD going up / USD going down).
--
In the second panel: Indicator 'Currencies' / Settings: Pair Performance.
We see the Performance of the 2 currencies of the pair on chart.
The AUD (Orange line) and the USD (Red line) + the Pressure of the Pair in the background.
The brighter the color in background = The higher is the performance for the pair on chart.
--
In the 3rd panel: Indicator: The 'Template'. (Over 10 years in R&D to paint the chart perfectly.)
Resistance was broken and retested. Resistance became support.
--
In the 4th panel: Indicator 'Currencies' / Settings: Pressure.
We see the Pressure behind each currencies of the pair on chart.
The Higher is the line = More Upside pressure.
The Lower is the line = More Downside pressure.
--
5th panel: Indicator 'Currencies' / Settings: Value of the Base currency (AUD).
Displays the Value of the AUD + Intensity Background (Up/Down)
6th panel: Indicator 'Currencies' / Settings: Value of the Quote currency (USD).
Displays the Value of the USD + Intensity Background (Up/Down)
Strategy for 5th and 6th panels:
Blue Background (One Currency Gaining Value)
AGAINST
Red Background (One Currency Losing Value)
= Pair Trending.
(If you want to learn more about this, we have recorded a video. Comment 'Video'.)
AUDUSD - Bullish IdeaPrice is moving in bullish trend with no bearish divergence.
Also, Bullish Flag continuation pattern indicates buyers will remain in control.
AUDUSD BUY SETUP !!Every trader has strengths and weaknesses. Some are good holders of winners but may hold their losers a little too long. Others may cut their winners a little short but are quick to take their losses. As long as you stick to your own style, you get the good and bad in your own approach.
AUD_USD WILL GO DOWN|SHORT|
✅AUD_USD is set to retest a
Strong resistance level above at 0.6660
After trading in a local uptrend for some time
Which makes a bearish pullback a likely scenario
With the target being a local support below at 0.6607
SHORT🔥
✅Like and subscribe to never miss a new idea!✅
AUDUSD-4hrs ( Buy Trade Target Range 150 PIP ) 🟢 Pair Name :AUD/USD
Time Frame : 4hrs Chart / Close
Scale Type : Large Scale
------
spreading knowledge among us and to clarify the most importan+t points of entry, exit and entry with more than 5 reasons
We seek to spread understanding rather than make money
🟢 Key Technical / Direction ( Long )
———————————
Bullish Break
0.66250 Area
Reasons
- Major Turn level
- Visible Range Lvn
- Channel Break
- Choch Zone Area
- Quarters area
Bearish Reversal
0.67500 Area
Reasons
- Major Turn level
- Visible Range Lvn
- Channel Target
- Day low / Quarters Area
- Choch Zone
AUDUSD. Trading opportunityHello traders and investors!
On the daily time frame, there has been a sideways range since August 24 (with point 4 formed). The lower boundary is 0.63478, and the upper boundary is 0.6942.
The seller's vector 5-6 within the range on the daily time frame has reached the target of 0.65604. The buyer has halted the downward movement and is trying to start their vector 6-7 with a potential target of 0.67985.
If we think not in terms of the range, but how the last buyer’s impulse, which started at 0.63478, traders have gathered volume below the 50% level (0.66278) of this impulse, which may indicate an attempt to reverse the price upwards.
We should pay attention to how the price interacts with the 0.6622 level. This is the start of the buyer’s last sub-impulse (which nearly coincides with the 50% level of the last impulse!).
If the buyer manages to break through this level and defend it, this accumulation below the level will provide good fuel for an upward move, and long positions can be sought.
If the seller defends the 0.6622 level, it makes sense to wait for the buyer’s next attempt to reverse the price on the daily time frame, as searching for short positions in the buyer’s context area is risky.
Short positions can be looked for on lower time frames, with lower time frame targets and considering the contexts of both the higher and lower time frames.
A medium-term forecast can be found in the related post.
Good luck with your trading and investments!
AUD/USD | USD Weakness Pre Election VotingWhere next for the AUDUSD?
After a reasonable push and DXY strength we are seeing some kickback.
Cold see larger sentiment inflows later so take light sizes.
AUD/USD Ready To Go Up Hard 200 Pips At Least , Ready ?We have a very good 4H Closure Above our res , and it will be great if we have a daily closure today above this res , we can wait the price to go back to re test the broken res and see how it will handle with . i think after this big movement to downside we need some movement to upside as a correction , so i`m looking to buy this pair with daily retest to the broken res and i will target 200 pips .
This Is An Educational + Analytic Content That Will Teach Why And How To Enter A Trade
Make Sure You Watch The Price Action Closely In Each Analysis As This Is A Very Important Part Of Our Method
Disclaimer : This Analysis Can Change At Anytime Without Notice And It Is Only For The Purpose Of Assisting Traders To Make Independent Investments Decisions.
AUDUSD Ready for Bullish MoveA very easy-to-understand chart, all levels are mentioned. an trend line is acting as a support which is pulling back the price,
Long at AUDUSDAccording to High Scales Activity on AUD Chart, MAYBE Price turns to up from Demand Zone you can see at the Chart, Good Luck With Your Trades <3
AUDUSD / LONG / M15AUDUSD may rise from the Bullish Order Block
Bullish Order Block: 0.65980 and 0.65891
AUDUSD is likely to rise from the bullish order block, with a strong probability of the trade closing in profit. Let’s watch how the price reacts in this area.
AUDUSD / LONG / M15
LOT :- 0.2
Entry Price :- 0.65947
Take Profit :- 0.66106
Stop Loss :- 0.65788
AUDUSD_105 2024.11.05 06:14:05 Trading Signal BUYFrankPro Signal for AUDUSD_105
Type: Screen
Signal: BUY
TP: 0.66129
SL: 0.6594
Entry Price: 0.65982
Analysis for AUDUSD
Forecast Overall(Short-Term, Long-Term): ST= Strong Down LT= Probably Up
Forecast Methods(Short-Term, Long-Term):
ST=Down LT=Up
ST=Down LT=Down
ST=Down LT=Up
Analysis Method(0)
Based on the provided analysis, here is my assessment of the AUD/USD pair's expected price movement:
**Short-term (next few days to a week):**
* The pair is expected to attempt a decline and test the support area near 0.6475.
* The 200-day Simple Moving Average (SMA) at 0.6627 is currently acting as resistance, favoring a continuation of the downside trend.
* However, a breakout of the resistance area and closing of prices above 0.6605 could confirm growth.
* Given the mixed signals, I would say the price is likely to **stay the same** or experience a **slight decline** in the short term, with a potential target around 0.6475.
**Long-term (next few weeks to a month):**
* A Democratic win in the US election could push AUD/USD higher towards 0.6850.
* The RBA's expected decision to keep interest rates steady at 4.35% and the labour market strength suggest a potential for rate cuts in early 2025, which could support the AUD.
* A sustained break above the 200-day SMA and horizontal resistance around 0.6700-0.6720 could negate downside risks and pave the way for a rally towards 0.6850.
* Given the potential for a Democratic win and the RBA's supportive stance, I would say the price is likely to **go up** in the long term, with a potential target around 0.6850.
Result: ST=Down LT=Up
Analysis Method(1)
Based on the provided analysis, here are my conclusions for the AUD/USD pair:
**Short-term forecast (next few days/week):**
The price is expected to go **down** initially, potentially testing the support level near 0.6475, due to the bearish correction and selling pressure from the US dollar's gains. However, a rebound from the lower border of the bullish channel or the support line on the RSI could signal further growth, targeting levels above 0.6775.
**Long-term forecast (month/year):**
The price is expected to **stay the same** or experience a **slight decline**. The monthly forecast for November 2024 suggests a slight decline to 0.657 by the end of the month, with an average of 0.658. The fundamental factors, such as the Australian dollar's pressure due to US dollar gains and skepticism over China's economic stimulus measures, may contribute to a stable or slightly bearish trend in the long term.
Please note that these conclusions are based on the provided analysis and may not reflect the actual market movements, as the foreign exchange market is highly volatile and subject to various factors.
Result: ST=Down LT=Down
Analysis Method(2)
Based on the provided data, I will analyze the AUD/USD pair's price movement expectations for both short-term and long-term.
**Short-term Analysis (next few days to a week)**
* The pair has seen a rebound, trading around 0.6615 - 0.6620, an increase of 0.85% from its Saturday close.
* Technical analysis suggests that the pair is challenging resistance at the 200-day moving average of 0.6628, and a sustained break above this level could lead to a rally.
* However, the moving averages indicate an upward trend, but prices have broken through the area between the signal lines downwards, suggesting pressure from asset sellers.
* The forecast suggests that the pair may attempt to develop a decline and test the support area near the 0.6475 level, followed by an upward rebound.
**Expected Short-term Movement:** Neutral to Slightly Down
The pair may experience a slight decline in the short term, testing the support area near 0.6475, before potentially rebounding and continuing its growth.
**Long-term Analysis (next few weeks to months)**
* The pair's long-term trend is influenced by the upcoming US Presidential election, with a Democratic win potentially pushing AUD/USD higher towards 0.6850.
* Australia's Q3 inflation data showed a decline, which falls within the RBA's target range, and the RBA is expected to keep interest rates steady at 4.35% in the upcoming meeting.
* The cancellation of the growth option for AUD/USD would be a fall and a breakout of the 0.6355 level, indicating a continuation of the fall with a target at the level of 0.6175.
**Expected Long-term Movement:** Up
The pair's long-term trend is expected to be upward, with potential targets above 0.6775 and 0.6850, driven by the US Presidential election and the RBA's steady interest rates. However, a Republican sweep could drive the pair down to around 0.6350.
Result: ST=Down LT=Up
Elections aside, AUD/USD still looks oversoldImplied volatility has spiked for FX majors ahead of the US election, and it really could go either way for AUD/USD depending on who wins the race to the Whitehouse. But how much downside is left for the Aussie when taking market positioning, China data and the latest RBA statement into account?
MS
Potential bullish rise?AUD/USD has reacting off the support level which is a pullback support that aligns with the 50% Fibonacci retracement and could rise from this level to our take profit.
Entry: 0.6582
Why we like it:
There is a pullback support level that aligns with the 50% Fibonacci retracement.
Stop loss: 0.6535
Why we like it:
There is a pullback support level.
Take profit: 0.6649
Why we like it:
There is an overlap resistance level that aligns with the 61.8% Fibonacci retracement.
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.
AUDUSD - Correction Breakout or Decline for Stronger Support?20SMA - Blue
200SMA - Pink
Key Confluence Areas - Grey Lines
Market Structure Support/Resistance - Green/Red Dashed Lines
Your interest motivates me:
If you find my analysis helpful, please boost and follow me for future analysis at your service.
How I see it:
If Price can "breakout and hold" 4HR trend we might get correction relief.
Maybe even short-term reversal rallies.
If 4HR trend is respected enough, price will decline further, for stronger support/demand.
I deeply appreciate you taking the time to study my analysis and point of view.
AUDUSD Long IdeaAUDUSD printing Lowers High, Lowers low but now the RSI indicator makes clear Bullish divergence indicating the trend moved to the bullish side. Myfxbook's forex sentiment is also bullish at 91%. So we can expect the chart to move upside my trade idea long side in these levels:
Oder type (buy stop)
entry point: 0.66137
StopLoss: 0.65386
TakeProfit: 0.66888
RR=1:1
AUD/USD quick strat 11/4/2024Analysis:
Trend Analysis:
- decline trend weak and more overturned by jumping inclined volatility
- MACD decline trend weak and untrying
- historical data shows high inclined volatilty
Structure:
-weak trend bulls overpowering bears significantly
-historical data in momentum favors bulls stability VS bears instability
Risk Management:
- can be tightened up due to statistical forecast and news & events
regular risk management for this period 40% turned to 20% max, 15% least
News & Events:
- poll burnings
- hurricanes
- Elections
- economic data imbalance looks as if they will lower rates to make currency look attractive
Objective & Targets:
expect jumping volatility to lead to significant inclines/higher price swings buy signifacnt low @ 0.65803 expect price to incline significantly to 0.66442 are. 0.90% incline from entry leaving 1.3% more to go for actual tp1 target
