USDAUD trade ideas
AUDUSD InsightHello, dear subscribers!
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Key Points
- U.S. Secretary of Commerce Howard Lutnick stated that President Trump is listening to proposals from Canada and Mexico. He mentioned that by April 2, relief measures may be considered for certain market sectors, adding that the tariff exemption could apply to automobiles or other items.
- The White House officially announced a one-month tariff exemption for automobiles imported from Canada and Mexico.
- Markets view Germany's establishment of a €500 billion special fund and its attempt to ease the "debt limit" as a historic shift.
- In Australia, the Q4 growth rate hit its highest level in two years, with annual GDP growth recovering slightly to 1.3% last year. The Reserve Bank of Australia (RBA) projects GDP growth will rise to 2.4% this year.
Key Economic Events This Week
+ March 6: ECB Interest Rate Decision
+ March 7: U.S. February Nonfarm Payrolls, Unemployment Rate, Fed Chair Powell's Speech
AUDUSD Chart Analysis
The pair previously faced strong resistance at the 0.64000 level, leading to a significant pullback. It now appears to be making another attempt to break through this resistance. If the 0.64000 level is successfully breached, the price is expected to rise toward 0.66000. However, if it fails to break resistance, a decline toward the 0.60000 level is likely.
AUD/USD Update - Correction Then Continue "LONG"How I see it:
78.60% FIB @ 0.63607
Potential Correction - "SHORT"
TP 1 = 0.62550
and / or
If key support @ 62350 Holds - Continue "LONG"
TP 1 = 0.64080
Keynote:
Pair shows quality bullish strength at this time.
Price can also just power on to 0.64000 or beyond, with only minor dips
until a key resistance is reached.
This will indicate a much higher TF FIB is required.
I will update and calibrate as required.
Thank you for taking the time to study my analysis.
AUD/USD - Austrailian Dollar / US Dollar 2/27/2025Fundamental Context
The Australian dollar held its recent decline to around $0.63 on Thursday, hovering at a two-week low as US President Donald Trump’s latest tariff escalation weighed on risk sentiment. On Wednesday, Trump outlined plans for 25% “reciprocal” tariffs on European autos and other goods, while confirming that tariffs on Mexico and Canada would take effect on April 2, rather than the previously set deadline of March 4. Given Australia’s heavy reliance on exports, the currency remains vulnerable to the risks of a global trade war. Domestic data also showed an unexpected decline in private capital expenditure for the fourth quarter, fueling expectations of further interest rate cuts by the Reserve Bank of Australia. However, RBA Deputy Governor Andrew Hauser said on Thursday that the central bank would need to see more positive inflation data before considering additional rate cuts.
Technical Overview
Support Zones
First Major Support around 0.6200 – Price is currently hovering around this psychological level. A bounce here could trigger short-term recovery, but failure to hold suggests deeper downside.
Secondary Support around 0.5950–0.5910 – Historical support, providing a deeper line of defense for buyers.
Tertiary Support around 0.5650–0.5600 – A key zone visible from prior cycle lows.
Buy Limit Orders
The chart highlights staggered buy-limit levels within these support zones, suggesting a strategy to average into long positions if the Aussie continues to weaken.
BLO 1 @ 0.61939
BLO 2 @ 0.59172
BLO 3 @ 0.56378
Take-Profit Targets (TP)
TP1 @ 0.63741
TP2 @ 0.66979
TP3 @ 0.71315
Bearish reversal off overlap resistance?AUD/USD is rising towards the resistance level which is an overlap resistance that is slightly above the 61.8% Fibonacci retracement and could reverse from this level to our take profit.
Entry: 0.6331
Why we like it:
There is an overlap resistance level that is slightly above the 61.8% Fibonacci retracement.
Stop loss: 0.6408
Why we like it:
There is a pullback resistance level.
Take profit: 0.6260
Why we like it:
There is a pullback support level that aligns with the 50% Fibonacci retracement.
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AUD/USD Gains as US Dollar Weakens Amid Mixed US Data and Tariff### **AUD/USD Gains as US Dollar Weakens Amid Mixed US Data and Tariff Concerns**
The **Australian Dollar (AUD)** strengthened against the **US Dollar (USD)** on **Wednesday**, with the **AUD/USD pair rising by 1.40%** to **0.6333**. The move was driven by **soft US economic data** and renewed **tariff concerns** impacting global risk sentiment.
### **Key Market Drivers:**
🔹 **US Tariffs on China:**
- President **Donald Trump imposed a new 10% tariff** on Chinese imports, adding pressure to global trade.
- China’s **potential retaliation** could impact commodity-linked currencies like the AUD.
🔹 **Mixed US Economic Data:**
- **ISM Services PMI** remained strong at **53.5**, signaling expansion.
- **ADP Employment Report** showed **softer job gains (77K vs. 140K expected)**, weighing on the USD.
- Traders assess **Federal Reserve policy** in light of economic slowdown concerns.
🔹 **Reserve Bank of Australia (RBA) Policy:**
- The **RBA has kept rates steady at 4.10%** since February, citing inflation concerns.
- Market remains uncertain about **future rate cuts** depending on upcoming data.
### **Technical Analysis:**
📈 **Bullish Momentum:**
- **AUD/USD jumped 1.40%**, recovering from intraday lows.
- **RSI** climbed into the **upper 50s**, indicating growing momentum.
- **MACD** shows weakening selling pressure.
📌 **Key Levels:**
- **Resistance:** **0.6350** (Break above could push for more gains).
- **Support:** **0.6250 - 0.6200** (If risk sentiment worsens, pair may decline).
### **Outlook:**
- **Bullish Scenario:** If AUD/USD **breaks above 0.6350**, near-term gains could extend.
- **Bearish Scenario:** If **trade tensions escalate**, AUD/USD may retreat toward **0.6250 - 0.6200**.
💡 **Conclusion:** The Aussie remains supported by a weaker USD, but **trade-war risks** could cap gains. Traders will watch for **further tariff developments** and **economic data releases** to determine the next move.
AUD/USD Trade Update: Key Levels to Watch### **📢 AUD/USD Trade Update: Key Levels to Watch ! 🚀**
AUD/USD is currently trading at **0.62800**, with key resistance at **0.62900** and support at **0.62600**.
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### **🔹 Trade Plan:**
🔸 **Bullish Scenario:** If price **breaks above 0.62900**, expect a **bullish move** toward the **target of 0.63800**. 📈
🔸 **Bearish Scenario:** If price **breaks below 0.62600**, a **bearish trend** could start, with a **sell target at 0.61600**. 📉
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### **✅ Trading Strategy:**
✔ **Wait for breakout confirmation** before entering a trade.
✔ **Use proper risk management** to protect capital.
✔ **Set stop-loss and secure profits as price moves in your favor.**
📈 **Trade smart and follow the trend! 🔥**
Support and ResistanceGood day traders, lets take a look at AUDUSD. as you can see in the setup above we are looking to go long on AUDUSD and this is based on the fact that price reached a strong all time yearly support and basics say buy at support and sell at resistance , the long decision is based on other technical analysis and pair correlations, please scale down and find entries that accommodate your trading accounts.
AUDUSD - Bullish Continuation Toward 0.63160OANDA:AUDUSD has broken above a key resistance zone, which has now flipped to support, aligning with a potential bullish continuation. The recent retest of this level held successfully, indicating strong buyer interest and reinforcing the bullish outlook.
With momentum favoring the upside, the price could move upward toward the 0.63160 level, which represents a logical target within the current market structure. As long as the price remains above the support level, the bullish bias stays intact.
If you agree with this analysis or have additional insights, feel free to share your thoughts here!
AUDUSD LONG TRADE IDEA📈 AUDUSD Buy Setup – Model 2 in Action! 🚀
I'm anticipating a BUY on AUDUSD based on my Model 2 strategy: SH + BOS + IDM + PDA. The market structure is aligning perfectly, and this setup is looking 🔥!
Will you be taking this trade? Let me know your thoughts in the comments! 💬👇
📌 Like, share, and drop your opinions below – let’s analyze together! 🚀📊
#ForexTrading #AUDUSD #TradingStrategy #MarketAnalysis
Australian GDP beats forecast, Aussie edges higherThe Australian dollar has extended its gains on Wednesday. AUD/USD is trading at 0.6271 in the European session, up 0.20% on the day. The Australian dollar jumped 0.75% on Tuesday, driven by the hawkish Reserve Bank of Australia minutes and a solid retail sales report.
Australia's economy expanded by 1.3% y/y in the fourth quarter of 2024, up from 0.8% in Q3 and above the market estimate of 1.2% and the RBA's forecast of 1.1%. This marked the fastest pace of growth since Q4 2023.
Quarterly, GDP grew by 0.6%, following 0.3% in Q3 and higher than the market estimate of 0.5%. This was the fastest pace of growth since Q4 2022. The strong gain was driven by strong increases in household spending and exports.
The positive GDP report follows last week's rate cut, after the central bank held rates for over a year. The cash rate is currently at 4.10%, its lowest level since Oct. 2023. The RBA has remained hawkish, even with the rate cut. The minutes of the meeting stated that members remained concerned that further cuts could jeopardize maintaining inflation in the target range of 2%-3%.
The markets are more dovish and expect the cash rate to fall to 3.6% by the end of the year, which would mean two more cuts of 25 basis points. The central bank's rate path will largely depend on the inflation levels as well as the strength of the labor market, which has been surprisingly robust despite high interest rates and a weak economy.
In China, this week's PMIs are pointing to slightly stronger growth. The Caixin Manufacturing PMI for February improved to 50.8, up from 50.1 in January and above the market estimate of 50.3. The Caixin Services PMI rose to 51.4, up from 51.0 in January and above the market estimate of 50.8.
AUD/USD is testing resistance at 0.6228. Above, there is resistance at 0.6251
0.6200 and 0.6177 are providing support
AUDUSD Top-down analysis Hello traders, this is a complete multiple timeframe analysis of this pair. We see could find significant trading opportunities as per analysis upon price action confirmation we may take this trade. Smash the like button if you find value in this analysis and drop a comment if you have any questions or let me know which pair to cover in my next analysis.
AUD/USD Technical AnalysisCurrent Market Trend: Bearish 📉
AUD/USD has been in a strong downtrend, experiencing significant selling pressure. After a continuous decline, the pair has now found support around the 0.61900 level, where buyers have stepped in, leading to a short-term rebound.
Possible Scenarios:
📈 Bullish Scenario:
If AUD/USD manages to break and hold above the 0.62200 resistance level, we may see further upside movement toward 0.62300 and potentially 0.62800.
A successful breakout above 0.62800 could signal a trend reversal, leading to further bullish momentum.
📉 Bearish Scenario:
If the pair fails to break above 0.62200, selling pressure may increase, pushing the price lower.
A move below 0.61900 could indicate weakness, with the next downside targets at 0.61700 and 0.60900.
A break below 0.60900 would confirm a deeper bearish trend, opening the door for further downside moves.
Trading Strategy:
Bullish entry: After a confirmed breakout above 0.62200, targeting 0.62800 with a stop-loss below 0.61900.
Bearish entry: If the price rejects 0.62200, looking for short positions with targets at 0.61700 and 0.60900.
Aussie H4 | Overlap resistance at 50% Fibonacci retracementThe Aussie (AUD/USD) is rising towards an overlap resistance and could potentially reverse off this level to drop lower.
Sell entry is at 0.6304 which is an overlap resistance that aligns with the 50.0% Fibonacci retracement level.
Stop loss is at 0.6345 which is a level that sits above the 61.8% Fibonacci retracement and a pullback resistance.
Take profit is at 0.6243 which is an overlap support.
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AUDUSD potential for a bullish move Higher timeframes are always more stable. We decie the trend direction in the higher timeframe and move with in in to lower. AUDUSD creating a correction after an impulse wave, so we prepare and focus for the next impulse. Keep in mind, enter the positions based on your own trading rules.
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- What do you think? Share with me your ideas!