Read The AUDUSD MarketLet's Looking at AUDUSD Chart in all Scales and Prepare For start this Week, Good Luck With Your Trades <3
USDAUD trade ideas
CHART BREAKDOWN AUDUSD: Key Levels, Targets and Thoughts!Brief Description🖊️:
The chart provides insights into critical market levels, emphasizing 1 essential supply zone: low-risk sell zone spanning from 0.64170 to 0.64210, respectively, is highlighted.
Things I Have Seen👀:
Important Supply Zone🟢: Identified between 0.64170 and 0.64210 serving as a low-risk sell.
Bearish Targets📉:
0.63980 : Possible retracement area.
0.63850 : Possible retracement area.
0.63800 : Possible retracement area.
0.63600: Possible retracement area.
0.63650 : Significant supply zone.
0.63500 : Liquidity area.
What's Important Now❗
Currently, the crucial approach is to wait and observe the price action at this level. We need to assess how the market reacts before considering any decisive moves. Stay observant and responsive to real-time developments in the market.
$AUDUSDAt the current price level, price is near a support level. Price extended lower after a consolidation zone. Looking for price to retrace towards the target zone listed on the chart.
AUDUSD - ANALYSISHello friends, I want to share my view on AUDUSD with you.
I expect the Australian dollar to move up, but there is a very important area left where liquidity has not yet been collected.
I expect the Australian dollar to make a low to the 0.63250 area and after hitting that area, it will start its upward movement. The first target I have for the Australian dollar is 0.65500 .
Trade safe
AUDUSD FORCASTAUDUSD Based on this Time Frame to Sell
Near Price Breakout after the test the Support Zone 0.62400
if you enjoy this forecast so Please Like And Comments.
AUDUSD FORCASTAUDUSD Based on this Time Frame to Sell
Near Price Breakout after the test the Support Zone 0.62400
if you enjoy this forecast so Please Like And Comments.
AUD-USD Risky Long! Buy!
Hello,Traders!
AUD-USD is approaching
A horizontal support of 0.6335
So despite a strong downtrend
We will be expecting a
Local bullish rebound
And a move up
Buy!
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Check out other forecasts below too!
Playing Both Sides of the Upcoming USD Monetary Policy DecisionTwo trading opportunities for the price of one today as we look at difference scenarios that may play out from out upcoming US monetary policy announcement this Wednesday.
The first trading opportunity on the NZDUSD is a bearish trend continuation/breakout trade that would take advantage of US Dollar strength in the market.
The second trading opportunity on the AUDUSD is a bearish gartley pattern that would complete if the reaction to Wednesday's decision provided us with US Dollar weakness.
I personally would not recommend trading through these news events, rather waiting for the outcome (confirmation) and making a decision afterwards, but it's your money and you can do whatever you want with it! lol
If you have any questions, comments or want to share you views, please do so below as I love reading through them.
Akil
AUD/USD Bearish Continuation AUD/USD is currently bearish and strongly approaching monthly demand area, with good R:R we may swing it and hope to catch the fall.
AUDUSD - Possible Outcomes20SMA - Blue
200SMA - Pink
Key Confluence Areas - Grey Lines
Market Structure Support/Resistance - Green/Red Dashed Lines
Dear Friends: (Away from charts)
It will be prudent to give your mind, body and soul a good rest, to recharge for the new upcoming exciting year!
How I see it:
Weekly candle body closed below 1W HL Support!
It could be a fake-out or it could signal a further
decline for stronger support
There is also a chance of just a reversal from this point,
or at least a strong attempt.
Keynote!
Alot of data this week. Trade safe as the year is coming to an end.
I deeply appreciate you taking the time to study my analysis and point of view.
AUD/USD Analysis (1-Hour Timeframe)I'm monitoring AUD/USD closely as the price approaches a black trendline. If the trendline is broken, it could signal a bearish move.
My target for this setup is the green support level, which has historically acted as a strong zone of buyer activity. This area could present opportunities for either reducing short positions or watching for a potential bounce.
Key points:
Wait for confirmation of a trendline breakout.
Observe volume and candlestick patterns to validate the move.
Be cautious around the green support level for possible reversals.
Patience is essential for the best entry!
AUDUSD still bearish AUD/USD Chart Analysis and Trade Setup (4H Timeframe)
Technical Analysis:
1. Ichimoku Cloud:
Price Action: The price is trading below the Kumo Cloud, signaling a bearish bias.
Tenkan-Sen (Blue Line) and Kijun-Sen (Red Line): The Tenkan-Sen remains below the Kijun-Sen, which confirms bearish momentum.
Cloud Outlook: The future Kumo (to the right) remains red, indicating that bearish sentiment is likely to persist.
2. Support and Resistance:
Immediate Support: 0.63500, as the price is currently testing this level.
Resistance Levels:
0.63790 (first hurdle),
0.63911 (stronger short-term resistance).
If support at 0.63500 breaks, the next downside target will likely be 0.63259.
3. Volume:
Volume is relatively moderate but has picked up as the price tests support, suggesting a potential breakout to the downside if sellers gain control.
4. Candlestick Patterns:
A series of bearish candles is seen, with no strong reversal patterns as of now.
A bearish continuation setup may unfold if the price closes below 0.63500 on the next candle.
Trade Setup:
1. Bearish Scenario:
Entry: Short the AUD/USD pair if the price closes below 0.63500.
Target:
First take-profit at 0.63259,
Extended target at 0.63000 if bearish momentum accelerates.
Stop-Loss: Place a stop above 0.63790 (resistance).
Risk/Reward: Ensure a minimum ratio of 1:2 for profitability.
2. Bullish Reversal Setup (Less Probable):
If the price bounces off 0.63500:
Entry: Long above 0.63790.
Target: First at 0.63911 and next at 0.64261.
Stop-Loss: Below 0.63450 to minimize risk.
Conclusion:
Current bias is bearish with potential for further downside if support at 0.63500 breaks.
Watch for volume confirmation and price action around key support levels before entering trades. A bounce would signal short-term relief, but the trend remains bearish as long as the price trades below the cloud and resistance areas.
'Real' Market Structure ExplainedThis is the 'Real' Market Structure the Algo follows to deliver price.
It's part of the 28dto100k Challenge and if you look good, you can find a way to join that challenge ;-)
BTW there is a slight mistake in the video about the structure, if you can tell me in what minute the mistake is, make a chance to join the Challenge for absolutely FREE
AUDUSD looking for long on small time fram ?To me AU weekly chart hit support and come to the zone where price used to bounce back up.. I am looking on smaller time fram for a long.. Hopefully next week give us a good chance ..
Weekly Recap with Atlas - Asset Review - Dec 13th 2024Weekly Recap with Atlas - Asset Review
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by: Atlas aka Noble.Mike.Jamison
AUDUSD Reversal ExpectedHello,
As highlighted in the previous analysis, OANDA:AUDUSD has tested support levels and established a new 1-year low at 0.63366. While upside is anticipated, confirmation will be needed. A reversal is expected.
No Nonsense. Just Really Good Market Insights. Leave a Boost
TradeWithTheTrend3344
AUDUSDScared money never makes money.I found my self thinking that, but back to what matters.I called the trade before ,waited for my checklist to fill ,then went in .
I am now being patient .
audusd longaudusd long
Please don't be greedy
ENTRY : yellow point
TP : blue lines
SL :
below red line for LONG position
above red line for SHORT position
INSTRUCTIONS:
For risk and money management:
5% of your wallet for LEV X ≤20
And
3% of your wallet for LEV X ≥ 20
AUDUSD 4H SWING TRADE IDEAThe current overall direction for The Australian dollar is a downtrend with multiple ranges on the lower timeframes respectively while gathering liquidity points and levels to be taken out upwards before eventually moving back down in the upcoming weeks.
Current price: 0.63669
POI: 0.62697(If the price gets to this level, we should get a position if a signal appears)
[AUDUSD] Reversal long on daily levelAfter a rejection on major daily/weekly level, FX:AUDUSD is trying to change the structure to go higher.
Here is my first long entry for this swing position in construction.
Great Trade !
