AUDUSDBearish market but we get a break of 4H to switch bullish on the 4H. I will be looking to buy to the 50% of the daily internal range if we are going to continue bearish. Waiting for the break and retest to buy, if no break then we keep selling
USDAUD trade ideas
Is There a Comeback for the AUD/USD Pair?Recently, the Australian dollar declined against the U.S. dollar to 0.6311, marking its lowest level since March 2020.
One of the main reasons behind this decline was the strength of the U.S. dollar, which has lost its upward momentum recently, increasing the chances of a rebound in the AUD/USD pair.
The recent positive rebound of the AUD/USD pair has broken the last lower high, which is considered a bullish signal and a shift in trend from bearish to bullish.
The current decline is seen as a correction, and based on the Fibonacci retracement tool, the 0.61742 level supports the possibility of another upward move, with a short-term target at 0.6282.
However, if the price falls below 0.61311 and records a daily close beneath this level, the bullish scenario will be invalidated, and the bearish outlook will regain control over the AUD/USD pair.
AUDUSD longAUDUSD is long as per VOLUME confirmation on Daily and liquidity Hunt.
Tp1 is 0.65385
Tp2 is 0.67500
Tp3 is 0.68744
uptrendIt is expected that the upward trend will form and the price will cross the resistance trend line. Then it can advance to the specified resistance level.
AUDUSD BUY ANALYSIS DOUBLE BOTTOM PATTERN Here on AUDUSD price form a double bottom pattern and likely to go up if the line 0.63441 break so trader should go for long with expect profit target of 0.65129 .Use money management
Bullish trend on AUDUSDWith the dxy showing bearish momentum whilst AUD dollar showing some strength, it would be a good idea to buy AUDUSD off this trendline.
Fed messaging leaves something for everyone | FX ResearchThe FED decision has come and gone, and in the end, no major surprises. As expected, the central bank left rates on hold, with most of the market reaction coming from the Fed chair presser.
Jerome Powell gave something to everyone, leaving the net results rather balanced. On one side, he said the central bank was in no rush to cut rates, fueling hawkish sentiment and US dollar buying. On the other, he noted that rates remained meaningfully above the neutral rate, suggesting more rate cuts could be in the pipeline, leading to some offsetting dollar selling.
On politics, Powell, as expected, avoided commenting on the new administration’s policies, deferring instead to a wait-and-see approach and data dependency.
The market appears to be giving a slight edge to the doves, reflected in the overall risk-on reaction and higher US equities.
Earlier today in Australia, NAB adjusted its call for the RBA to cut rates in February instead of March, citing softer inflation data. In New Zealand, business confidence slumped.
Key events ahead on Thursday’s calendar include German import prices, German GDP, BoE consumer credit, UK mortgage approvals, Eurozone GDP, Eurozone unemployment, Eurozone sentiment data, the ECB policy decision, US GDP, initial jobless claims, and pending home sales.
Exclusive FX research from LMAX Group Market Strategist, Joel Kruger
Ghost's AUD/USD LTF Setup [LONG]Trump is signing executive orders in 3 hours, price has been very choppy today and looks at face value like it's about to mirror the move down back up, however, the risk of trump mentioning or doing anything with Tariffs is high and for that reason I think it's possible the liquidity below around .621 may get manipulated before the move up.
AUDUSD Potential UpsidesHey Traders, in today's trading session we are monitoring AUDUSD for a buying opportunity around 0.62100 zone, AUDUSD is trading in an uptrend and currently is in a correction phase in which it is approaching the trend at 0.62100 support and resistance area.
Trade safe, Joe.
AUDUSD - 4H Why we need to Buy?!The FX:AUDUSD has shown strong bullish momentum after hunting liquidity below the 2022 low on the daily and weekly timeframes.
✅ Breakout & Retest: The pair successfully broke the descending channel's resistance and is now pulling back to the breakout zone, confirming its strength.
✅ Higher High Formation: A higher high structure supports the bullish bias, indicating potential continuation towards previous highs and beyond.
📌 I expect another bullish push from this key support zone.
🔔 Follow for real-time updates!
AUDUSD: Bullish Forecast & Bullish Scenario
The recent price action on the AUDUSD pair was keeping me on the fence, however, my bias is slowly but surely changing into the bullish one and I think we will see the price go up.
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AUDUSD Wait for the price leave the consolidation zone.
If it comes out in Long, wait for the retest in the support and look to enter in Long.
If it goes short, wait for the Retest at resistance and look to go short.
WILL BULLISH ORDER CANDLE ABLE TO REVERSE AUDUSD?AUDUSD pair now hovering over the bullish order candle. Will this be sufficient for the pair's bullish reversal to test its recent swing high? Goto LTF to establish bullish market structure; else, pair may still go further down.
N.B!
- AUDUSD price might not follow the drawn lines . Actual price movements may likely differ from the forecast.
- Let emotions and sentiments work for you
- ALWAYS Use Proper Risk Management In Your Trades
#audusd
AUDUSD SELL 15 MINUTE TIME FRAMESTRONG SUPPLY ZONE
Look how price keep making lower highs and breaking structure
Expecting a 4:1 Risk to Reward
Let’s see!
Bearish drop?AUD/USD is rising towards the resistance level which is a pullback resistance that aligns with the 38.2% Fibonacci retracement and could drop from this level to our take profit.
Entry: 0.6262
Why we like it:
There is a pullback resistance level that lines up with the 38.2% Fibonacci retracement.
Stop loss: 0.6324
Why we like it:
There is a pullback resistance.
Take profit: 0.6176
Why we like it:
There is a pullback support level that aligns with the 78.6% Fibonacci retracement.
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Australian dollar extends losses on soft Aussie CPIThe Australian dollar is down for a third straight trading day and has declined 1.3% this week. In the North American session, AUD/USD is trading at 0.6228, down 0.37% on the day.
Australia's annual inflation rate dropped to 2.4% in the fourth quarter of 2024 from 2.8% in Q3. This was below the market estimate of 2.5% and was the lowest reading since Q1 2023. Electricity prices were sharply lower due to an energy bill rebate and services inflation dropped to 4.3% from 4.6%, its lowest level in three quarters. On a quarterly basis, CPI remained unchanged at 0.2% in Q4, below the market estimate of 0.3%.
The Reserved Bank of Australia's trimmed mean CPI, a key indicator of underlying inflation, slowed to 0.5% q/q in Q4, lower than 0.8% in Q3 and below the market estimate of 0.6%. Annually, trimmed mean CPI fell to 3.2%, compared to a revised 3.6% in Q3 and below the market estimate of 3.3%.
The soft inflation report has raised expectations that the RBA will lower rates at the Feb. 18 meeting, with the market pricing in a quarter-point cut at 80%. That would bring the cash rate to 4.10%, its lowest since Oct. 2023. Today's inflation report has added significance as it is the final tier-1 event prior to next month's rate meeting.
Investors are awaiting the Federal Reserve's rate announcement later today, although it would be a massive surprise if the Fed did not maintain the current benchmark interest rate of 4.25%-4.5%. The Fed has cut rate three consecutive times, including a jumb0 half-point chop in September 2024, but the resilient US economy has stalled plans to aggressively lower rates further and currently the Fed is projected to cut rates only once or twice in 2025.
AUD/USD is testing support at 0.6228. Below, there is support at 0.6204
0.6262 and 0.6286 are the next resistance lines
Waiting for some buyers to appear and sellJust waiting for some buyers to appear so sell can start to appear, clearly
AUD/USD Resistance Rejection and Bearish OutlookAUD/USD represents the Australian Dollar against the US Dollar in the forex market. The current price is 0.62300, with a target price of 0.60000, indicating a bearish outlook. The expected price drop suggests a potential gain of 200+ pips if the trade moves as anticipated. The analysis is based on the support and resistance pattern, a key concept in technical trading. The price has reached a strong resistance level and is facing rejection, signaling selling pressure. A rejection at resistance often indicates a shift in momentum, leading to a possible downward move. Traders anticipate the price to decline toward the next support level at 0.60000. This setup suggests bearish dominance as long as resistance holds. If the price fails to break above resistance, further downside movement is likely. Proper risk management is crucial, as market conditions can change.
