AUDUSD long predictionWe do not expect big moves on Monday, we currently have a short position running close to TP. We expect a reversal afterwards. Do not rush, wait for reversal pattern, trade safeShortby MonestaUpdated 226
AUD/USD lower ahead of RBA minutesThe Australian dollar has posted losses on Monday. Early in the North American session, AUD/USD is trading at 0.6227, down 0.31% at the time of writing. It's a very light calendar week, with the Christmas holiday just around the corner. The Reserve Bank of Australia releases the minutes of this month's meeting on Tuesday, which is the sole Australian event this week. At the December meeting, the RBA held the cash rate at 4.35% for the ninth straight time. Still, the rate statement held out hope for a near-term rate cut, based on some nuances in the language. Previous statements had signaled that rate hikes were on the table, with the board stating it was not "ruling anything in or out", but this phrase was omitted in the December statement. The RBA also sounded more optimistic about the inflation outlook, with the statement noting that the board was "gaining confidence that inflation is moving sustainably towards target". The market viewed this language as being dovish, although Governor Bullock reiterated after the meeting that the February rate decision would be based on the data. In the US, durable goods orders declined 1.1% m/m in November, after an upwardly revised 0.8% gain in October and well below the market estimate of -0.4%. The decline was largely driven by a decrease in new orders for transportation equipment. The Conference Board Consumer Confidence index fell sharply in December to 104.7, down from an upwardly revised 112.8 and well off the market estimate of 113. Consumers were less optimistic about the employment outlook and incomes. The Conference Board report found that consumers are concerned that the tariffs proposed by the incoming Trump administration will push prices higher in 2025. AUD/USD pushed below support at 0.6247 and tested support at 0.6219 earlier 0.6278 and 0.6306 are the next resistance lines by OANDA1
WILL THE AUD\USD CONTINUE TO GO DOWN?i think the AUD/USD will continue selling, i will place my entry when it closes below the support highlighted on 0.61708 or within the profit zone, it has retested the resistance which is the downward trendline, and also broke two supports which are presented as upward trendlines i believe it's heading to the previous major support trendline which is about where the profit zone ends. Shortby siphesihle092227
Festive Learning: Using the MACD to Determine a TrendIn previous posts within this series, we have covered, Bollinger Bands and moving averages, where we’ve shown how each technique can help determine the trending condition of an asset. If you haven’t already, please look back at our timeline to view these posts. Now we want to look at another trending indicator, which can help to provide a quick and easy read of the current trend. This is called the Moving Average Convergence/Divergence indicator, or MACD for short. The MACD uses 12 and 26 day exponential moving averages (EMAs), which are the default settings within the Pepperstone charting system. Exponential averages differ from simple moving averages as they place greater emphasis on the latest closing data for a particular instrument. This goes someway to try and overcome the issue of averages being lagging in nature. By giving the latest closing levels greater importance within the exponential calculation, these averages can turn more quickly than a simple average, to reflect price direction changes earlier. What is the MACD and How Does it Use Moving Averages? The MACD uses 12 and 26 day EMAs and measures the gap between the two. This is important as the 12 day EMA will follow the price action of an instrument more closely than the 26 day EMA. Meaning, as prices rise above the averages in an uptrend, the gap between the shorter and longer term EMA increases in a positive way. While in a downtrend as price falls below the 2 declining averages, the gap increases in a negative way. Let’s look further at the daily chart of AUDUSD and add the MACD indicator to see how this works in practice. The blue line of the indicator shows the gap between the 2 exponential moving averages, while the red line is a 9 day moving average of the indicator line. What Does the MACD Show, and How Can We Use This to Help Within Our Day to Day Trading? It’s a trending indicator, so we use it to confirm the trending condition of an instrument, but we also use it to help us decide if whether our sentiment towards that instrument should be positive or negative. There are 4 possible signals we can highlight by using the MACD. These are, • an aggressive uptrend, • an aggressive downtrend, • a correction within an uptrend • a correction within a downtrend. An Aggressive Uptrend Signal. This is where the rising MACD indicator line (blue line on the MACD chart) is above zero and above its own average. This reflects the 12 day EMA being above the 26 day EMA, and the gap between the two averages is increasing, as the price of an instrument moves higher. This set-up reflects when sentiment should be positive towards an instrument, as the potential is that the current uptrend could continue. Aggressive Downtrend Signal The aggressive downtrend signal is when the MACD indicator line (blue line on the MACD chart) is falling below both zero and its own average. This reflects where the declining 12 day EMA is falling below the declining 26 day EMA, as both averages track the declining price of an instrument. This can highlight when sentiment should be negative towards an instrument because the current downtrend may extend further. But what about consolidation signals? Consolidation Within an Uptrend A consolidation within an uptrend can develop when the MACD indicator line (blue line on the MACD chart) while still above zero has crossed below its own moving average (re line on the MACD chart). This is not a negative signal because the MACD line is still above zero suggesting an uptrend is currently in place, but it highlights a reaction to the recent price strength is appearing and that a possible consolidation within the uptrend may materialise. It can suggest a period where we may wish to close any long positions in the instrument at this point and revert to the sidelines, as a downside correction could be due. We would then look for the MACD line (blue line on the MACD chart) to either break below zero to suggest a downtrend is now evident, or the more aggressive uptrend to resume if the MACD line breaks back above its own average. Consolidation Within a Downtrend A consolidation within a downtrend is seen when the MACD line (blue line on the MACD chart) is still below zero but has crossed above its own moving average (red line on MACD chart). Here, we may want to close any potential short positions, as a potential upside recovery may be developing. This is not a positive signal because the MACD line (blue line on the MACD chart) is still below zero highlighting a downtrend is still in play, but suggests a reaction to recent price weakness is materialising and that a recovery is possible within the on-going downtrend. We would then look for the MACD line to either break above zero to suggest an uptrend for the instrument could be starting, or for prices to resume their downside moves and for the MACD line to break under its own average (red line on MACD chart) to highlight the more aggressive downtrend is still dominating. We can use these signals to either initiate outright trades, or to help us gauge the trending set-up within any instrument at any given time. The MACD indicator could then be combined with other techniques to help time trade entry within the direction of the confirmed trend, which we hope to cover in future posts. So, in recent weeks we have looked at various techniques and indicators to help us gauge the trending condition of an asset at any given time. Each can be used either on their own or in combination with the other and price patterns, but we’re sure you will find them very useful to incorporate within your own analysis and trading. The material provided here has not been prepared in accordance with legal requirements designed to promote the independence of investment research and as such is considered to be a marketing communication. Whilst it is not subject to any prohibition on dealing ahead of the dissemination of investment research, we will not seek to take any advantage before providing it to our clients. Pepperstone doesn’t represent that the material provided here is accurate, current or complete, and therefore shouldn’t be relied upon as such. The information, whether from a third party or not, isn’t to be considered as a recommendation; or an offer to buy or sell; or the solicitation of an offer to buy or sell any security, financial product or instrument; or to participate in any particular trading strategy. It does not take into account readers’ financial situation or investment objectives. We advise any readers of this content to seek their own advice. Without the approval of Pepperstone, reproduction or redistribution of this information isn’t permitted. Educationby Pepperstone1112
AUD-USD Swing Short! Sell! Hello,Traders! AUD-USD is trading in a Downtrend and the pair Made a bearish breakout Of the key level of 0.6298 Which is now a resistance So we are bearish biased and As the pair is going up now In a local correction we Will be expecting a further Move down after the Retest of the new resistance Sell! Comment and subscribe to help us grow! Check out other forecasts below too!Shortby TopTradingSignals229
uptrendThe downtrend is expected to fluctuate within the current support range and then we will see the start of the uptrend. Breaking the resistance trend line will be a confirmation of the uptrendLongby STPFOREX5
Buy audusdStrong bullish coming Just wait to LFT confirmation then enter into buy trade with minimum 500 pips target Longby forexagent9931
AUDUSD Looking for mean reversion trade (SHORT TERM)Daily Chart seems over extended using 200sma Bollinger Band and RSI reacting at 25 oversold level although this could still push lower. If my predictions is right that the price could pull back to at least close to mean there could be an opportunity for a trade 1hour execution timeframe I waited a pullback to a 61.8 fib from the range also at the rsi 100sma pull back for confluence Longby JunmadayagUpdated 332
Cosolidation Approaching The Main Downtrend on AUDUSDHey Traders, in today's trading session we are monitoring AUDUSD for a selling opportunity around 0.62900 zone, AUDUSD is trading in a downtrend and currently is in a correction phase in which it is approaching the trend at 0.62900 support and resistance area. Trade safe, Joe.Shortby JoeChampion1114
AUDUSD buy Trading IdeaHello Traders In This Chart AUDUSD HOURLY Forex Forecast By FOREX PLANET today AUDUSD analysis 👆 🟢This Chart includes_ (AUDUSD market update) 🟢What is The Next Opportunity onAUDCAD Market 🟢how to Enter to the Valid Entry With Assurance Profit This CHART is For Trader's that Want to Improve Their Technical Analysis Skills and Their Trading By Understanding How To Analyze The Market Using Multiple Timeframes and Understanding The Bigger Picture on the ChartLongby ForexMasters20005
AUDUSD POSSIBLE BUY OPPORTUNITY!Price dropped significantly In recent time to a level of 0.62509 a button level. A good price to go long! I anticipate a bullish trend to develop away from that level. My target profit is 0.65519. Longby Cartela5
AUDUSD POSSIBLE BUY OPPORTUNITY!Price dropped significantly In recent time to a level of 0.62509 a button level. A good price to go long! I anticipate a bullish trend to develop away from that level. My target profit is 0.65519. Longby Cartela1
AUD/USD BUYERS WILL DOMINATE THE MARKET|LONG Hello, Friends! Previous week’s red candle means that for us the AUD/USD pair is in the downtrend. And the current movement leg was also down but the support line will be hit soon and lower BB band proximity will signal an oversold condition so we will go for a counter-trend long trade with the target being at 0.639. ✅LIKE AND COMMENT MY IDEAS✅Longby EliteTradingSignals118
AUDUSD 2025 ANALYSISThe AUD/USD currency pair represents the exchange rate between the Australian Dollar (AUD) and the US Dollar (USD). As one of the most traded currency pairs globally, it is closely watched by traders, economists, and investors alike. The USD has been relatively strong in recent months, driven by the Federal Reserve's hawkish stance on interest rates and global economic conditions. This has placed downward pressure on the AUD/USD pair, but any shifts in US monetary policy could cause sudden reversals. The AUD/USD pair is highly sensitive to a variety of economic, geopolitical, and market factors. For traders, keeping an eye on global economic trends, commodity prices, and central bank decisions is key to navigating this dynamic currency pair. SELL SELL SELL SELL!Short09:22by MrBills_2192
AUDUSD H1 OUTLOOK (23/11/2024)The chart suggests a pullback into the FVG and POI zone, expecting a bearish continuation targeting the low at 0.62100.Shortby DCBFOREXTRADING6
AUDUSD: Bullish Potential Above 1D ResistanceHello, For further upside movement in OANDA:AUDUSD , it needs to establish itself above the strong 1D resistance level. If this confirmation is achieved, we can expect price action to move toward the 1W pivot point. No Nonsense. Just Really Good Market Insights. Leave a Boost TradeWithTheTrend3344by TradeWithTheTrend33443
A TITLE ChatGPT said: ChatGPT "AUD/USD: Pullback to Resistance **AUD/USD Analysis**: The price has broken a support zone and is now pulling back toward it, potentially testing it as resistance. Given the descending trendline, the bearish structure is intact. A reversal from the resistance area could lead to a continuation of the downtrend toward lower targets. Would you like a chart illustration for thiby FXKAMRAN82
possibility of uptrendConsidering the price behavior in the resistance range, possible scenarios have been identified. It is expected that the downward trend will continueLongby STPFOREX3
Short trade 1Hr TF Entry Mon 16th June 24 9.30 am LND to Tokyo Session AM RR 2.83 Entry 0.63567 Profit level 0.62712 (0.48%) Stop level 0.63869 (1.35%) Sell-side Reason: Chasing buyside liquidity with directional bias mitigated on the 4Hr TF. Shortby davidjulien369Updated 221
AUD/USD:Bullish Reversal from Oversold Zone with 290-Pips TargetAUD/USD has tested the key oversold area near 0.6200, showing strong buyer rejection. This zone aligns with historical support, making it a high-probability area for a bullish reversal. The take-profit target is set at 0.6490, a major control price reflecting previous equilibrium and significant trading activity. With confirmation of bullish momentum, this setup offers aiming for a 290-pip move back toward fair value If today's daily candle as bullish, it would be full confirmationLongby Eleazarahmath558
AUD to return back to the high end of the channel..The AUD is quite weak at the moment off the back of the US election and interest decisions in both countries. The AUD may drop a little further to the 0.60 mark although I expect to see it bounce back up to the 0.70 mark by the end of March.Longby Aubs731
AUDUSD - Look for a sell !!Hello traders! ‼️ This is my perspective on AUDUSD. Technical analysis: Here we are in a bearish market structure from 4H timeframe perspective, so I look for a short. I expect price to continue the retracement to fulfill the imbalance and then to reject from bearish OB + institutional big figure 0.63000. Like, comment and subscribe to be in touch with my content!Shortby Snick3rSD6
AUDUSDA huge drop, three corrections, v-vofrmation and consolidation. If it closes below the white line on 5m time frame, it will be a sell sign for me for a tp 2Shortby Trade_ologist4