To 0.68600Audusd has found support on the 15 min tf. It has been on a downtrend since around 0.68000. A push higher to the resistance zone above is expected from hereLongby regkey413118
Let's Go Bullish!!Here's a clear chart of our AUDUSD pair The price is currently raging in our falling wedge and our support and as we can see that the candle closed in bullish on our support support and that's a sign of a changing trend. Let's conclude this taking entries on our break of our wedge.Longby DeepzinFxUpdated 2
WHAT'S FLOWING: CHINA RATE CUTS IMPACT AUSSIE ECONOMY FX:AUDUSD FX_IDC:USDCNY A strong Chinese market provides numerous benefits to Australia, given the close economic ties and the complementary nature of their economies. Here are some key advantages: 1. Increased Exports Natural Resources: China is a significant importer of Australian natural resources, including iron ore, coal, and natural gas. A strong Chinese market boosts demand for these exports, supporting Australia's mining sector. Agricultural Products: Australian agricultural products such as beef, dairy, and wine are in high demand in China. A robust Chinese economy can lead to increased agricultural exports from Australia, benefiting farmers and related industries. 2. Economic Growth Trade Surplus: Strong trade relations with China can lead to a trade surplus for Australia, contributing positively to the national GDP. This can help in maintaining a stable and growing economy. Job Creation: Increased exports and business with China create jobs in sectors like mining, agriculture, and manufacturing, thereby reducing unemployment and supporting economic growth. 3. Investment Opportunities Foreign Direct Investment: China has been a significant source of foreign direct investment in Australia, particularly in sectors like real estate, infrastructure, and technology. This investment can lead to infrastructure development, technological advancements, and overall economic enhancement. Tourism: A strong Chinese economy increases the number of Chinese tourists visiting Australia, boosting the tourism industry and contributing to local economies, especially in popular tourist destinations. 4. Educational Sector Benefits International Students: China is one of the largest sources of international students for Australian universities. A strong Chinese economy ensures a steady flow of students, benefiting Australia's educational institutions financially and culturally. 5. Cultural Exchange and Diplomacy Soft Power: Enhanced trade and economic relations foster better diplomatic ties and cultural exchanges between the two countries. This can lead to mutual understanding, collaboration in various fields, and a stronger global presence for both nations. 6. Market Diversification Economic Diversification: A strong relationship with China allows Australia to diversify its economic activities beyond traditional markets. This diversification can provide stability and reduce dependency on any single market. Conclusion The interdependent relationship between Australia and China means that a strong Chinese market can have significant positive impacts on various sectors of the Australian economy, from natural resources and agriculture to education and tourism. Maintaining and nurturing this relationship is beneficial for sustainable economic growth and development in Australia.Long15:34by moneymagnateash224
AUDUSD Is Very Bullish! Long! Here is our detailed technical review for AUDUSD. Time Frame: 1h Current Trend: Bullish Sentiment: Oversold (based on 7-period RSI) Forecast: Bullish The market is on a crucial zone of demand 0.662. The oversold market condition in a combination with key structure gives us a relatively strong bullish signal with goal 0.664 level. 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!Longby SignalProvider228
AUD/USD SHORT FROM RESISTANCE Hello,Friends! AUD-USD uptrend evident from the last 1W green candle makes short trades more risky, but the current set-up targeting 0.671 area still presents a good opportunity for us to sell the pair because the resistance line is nearby and the BB upper band is close which indicates the overbought state of the AUD/USD pair. ✅LIKE AND COMMENT MY IDEAS✅Shortby EliteTradingSignalsUpdated 112
AUDUSD Sell forecastAUDUSD New forecast👨💻👨💻 Note: Follow proper risk management rules. Never risk more then 2% of your total capital. Money management is the key of success in this business........ Set your own SL & TP.Shortby King_CityStar_Fx113
Critical Zones for #AUDUSDThe depicted zones are critical for #AUDUSD .The price can react to them and can be entered in long positions. Up to your entry type and risk management set TP/SL. Do not forget that you cannot succeed in this market without proper risk management.07/23/2024by FarshidEMPTRD1
AUDUSD WILL EXPLODE BUYAlways use breakeven after 20 pips Manage SL during news time, intraday trade tp and sl mentioned not a financial advice Longby ArehmanB1
AUD-USD Risky Long! Buy! Hello,Traders! AUD-USD is going down Now but the pair will soon Hit horizontal support of 0.6623 From where we will be expecting A local bullish rebound Buy! Like, comment and subscribe to help us grow! Check out other forecasts below too!Longby TopTradingSignals2211
AUDUSDI am interested in looking for AUDUSD long trades from the highlighted point. Reason is because its a strong 4hr zone that caused the surge upwards. It also coincides with USDCAD sells.Longby Xavier254115
AUDUSDweekly It has created choch+ BoS . 4h The price has left liq down. Price is now droping to retest the zone . Let us see how it will playLongby BoaNergeTrading1
AUDUSD M15 I Bullish Bounce Based on the M15 chart analysis, we can see that the price has just bounced off our buy entry at 0.6634, which is a multi-swing low support. Our take profit will be at 0.6659, which is a pullback resistance level close to 38.2% Fibo retracement. The stop loss will be placed at 0.6620, which is a multi-swing low support level. High Risk Investment Warning Trading Forex/CFDs on margin carries a high level of risk and may not be suitable for all investors. Leverage can work against you. Stratos Markets Limited (www.fxcm.com): CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. 68% of retail investor accounts lose money when trading CFDs with this provider. You should consider whether you understand how CFDs work and whether you can afford to take the high risk of losing your money. Stratos Europe Ltd, previously FXCM EU Ltd (www.fxcm.com): CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. 73% of retail investor accounts lose money when trading CFDs with this provider. You should consider whether you understand how CFDs work and whether you can afford to take the high risk of losing your money. Stratos Trading Pty. Limited (www.fxcm.com): Trading FX/CFDs carries significant risks. FXCM AU (AFSL 309763), please read the Financial Services Guide, Product Disclosure Statement, Target Market Determination and Terms of Business at www.fxcm.com Stratos Global LLC (www.fxcm.com): Losses can exceed deposits. Please be advised that the information presented on TradingView is provided to FXCM (‘Company’, ‘we’) by a third-party provider (‘TFA Global Pte Ltd’). 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 TFA Global Pte Ltd. The speaker(s) is neither an employee, agent nor representative of FXCM and is therefore acting independently. The opinions given are their own, constitute general market commentary, and do not constitute the opinion or advice of FXCM or any form of personal or investment advice. FXCM neither endorses nor guarantees offerings of third party speakers, nor is FXCM responsible for the content, veracity or opinions of third-party speakers, presenters or participants.Longby FXCM9
AUDUSD On The Rise! BUY! My dear friends, Please, find my technical outlook for AUDUSD below: The instrument tests an important psychological level 0.6639 Bias - Bullish Technical Indicators: Supper Trend gives a precise Bullish signal, while Pivot Point HL predicts price changes and potential reversals in the market. Target - 0.6691 Recommended Stop Loss - 0.6610 About Used Indicators: Super-trend indicator is more useful in trending markets where there are clear uptrends and downtrends in price. ——————————— WISH YOU ALL LUCK Longby AnabelSignals7715
NZDCHF - SELL CALLThe currency pairs are telling that the pair is still going down with no serious trend divergence. The trade plan is set accordingly. Let's hope the plan works!Shortby Khizer98220
This week's plan for July 22, 2024Downward trend, pay attention to retracement and continue short sellingShortby adolphs4
AUDUSD, A little up and then ready to fall !!Hello traders, hope you are doing great. for upcoming week, I think we'll probably see an uptrend correction in AUDUSD and after that we'll probably see a fall to specified Level. so with a proper trigger, we can open a short position. and finally tell me what do you think? UP or DOWN? leave your comment below . by aminrzbUpdated 2
BULL WILL TAKE OVER AUD/USDI’d expect the US dollar to break down as stock market bulls rush to put their greenbacks to work. Instead, the US Dollar Index TVC:DXY is holding steady. Dollar-yen is refusing to roll over. And risk-on commodity currencies – the Australian, Canadian, and New Zealand dollars – are failing to trigger buy signals. Stock market bulls don’t seem to care about the lack of risk-on signals from global currencies. As long as that’s the case, neither should we. But can you imagine how US equities will respond if the dollar finally takes a dive?Longby USDSZL114
AUDUSD, Time for SELL ?Hello traders, hope you doing great. for upcoming week, I think we'll probably see a downtrend in AUDUSD to specified Level. so with a proper trigger, we can open a short position. and finally tell me what do you think? UP or DOWN? leave your comment below . if this post was helpful to you, please like and share with your friends. Thanks. Shortby aminrzbUpdated 447
AUDUSDIn my opinion, the dollar index is bearish and as a result, the Australian dollar should rise, but from this point I drew Longby sepidehsky114
AUD/USD SELL RUNNING 130+PIPSHi Traders we sent AUD/USD Trade last week Friday now we running 130+pips. hope you secured your profits. last week we close a week without a loss. this week we about to do it again. Certified price action king.Shortby Low-keyFXtrader2
AUDUSD | BUY NEAR SUPPORT ZONEAUDUSD after posting a high above 0.68000 retrace back to breakout zone where it can find support to form Higher Low and post new high. Follow the trade plan as mentioned on the chartLongby TradeTrioUpdated 7
PREPARING FOR THE NEXT SHORT OPPORTUNITYAUD/USD 1H - This is the third market I am looking at tackling this week, as you can see I have gone ahead and set an alert just below a key area of Supply I feel price may come to trade up and into. Once price trades up and into the respected zone we want to see price reject well from it, showing signs of weakness to the upside, this will suggest enough Supply has been introduced to flip the balance. As we know confirmation would come via a break in structure more fractally. Once we have that we can then begin looking for areas to enter in short on this market, once we have broken a protected low set from the bullish correction price is bound to trade back up correcting itself initially before a further down move. Its important that we find areas at which price may trade up into before going lower. We can find this more fractal area of Supply by looking at the impulsive wave that broke the structure initially for any areas that may have been left unmitigated, this is where we can look to enter in from.Shortby Lukegforex115
PREPARING FOR THE NEXT SHORT OPPORTUNITYAUD/USD 1H - This is the third market I am looking at tackling this week, as you can see I have gone ahead and set an alert just below a key area of Supply I feel price may come to trade up and into. Once price trades up and into the respected zone we want to see price reject well from it, showing signs of weakness to the upside, this will suggest enough Supply has been introduced to flip the balance. As we know confirmation would come via a break in structure more fractally. Once we have that we can then begin looking for areas to enter in short on this market, once we have broken a protected low set from the bullish correction price is bound to trade back up correcting itself initially before a further down move. Its important that we find areas at which price may trade up into before going lower. We can find this more fractal area of Supply by looking at the impulsive wave that broke the structure initially for any areas that may have been left unmitigated, this is where we can look to enter in from.Shortby Lukegforex4