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U.S. Dollar / Australian Dollar

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USDAUD trade ideas

Short then longPrice has broken thru last resistance which is green box on bottom Sell down to green box which is now support once price reaches there buy this par and take profits all the way at the top the purple lines on top which is where the next major reversal floor resistance is How 🤔 ever if price breaks thru the green box wait for a pullback to green box and sell down to the next level of support How 🤔 ever if price breaks thru resistance the orange lines above wait for a pullback to orange lines and buy this pair and take profits at the purple lines on top
Short
by SETITAND4GETIT
1
AUDUSD InsightWelcome, subscribers! Please share your personal opinions in the comments. Don’t forget to hit the like button and subscribe! Key Points - The Trump administration’s additional 10% universal tariff on China officially took effect on the 4th, with China immediately announcing retaliatory measures. - Since Trump’s tariff policy is being used as a negotiation tactic, a phone call with Xi Jinping is expected soon. - Maroš Šefčovič, the European Commission's Trade Commissioner, stated that the EU is ready to cooperate with the U.S. immediately. He expressed hope that early negotiations could prevent disruptions to the most important trade and investment relationship in the world, signaling a preemptive conciliatory gesture. - Australia's Q4 inflation rate fell short of expectations, approaching the Reserve Bank of Australia’s target range of 2-3%. The market broadly anticipates a 0.25% rate cut at the RBA's monetary policy meeting on February 18. Key Economic Events This Week + February 5: U.S. Department of Labor JOLTS, ADP Nonfarm Employment Change + February 6: Bank of England Interest Rate Decision + February 7: U.S. January Nonfarm Payrolls, Unemployment Rate AUDUSD Chart Analysis After a recent sharp decline, the AUDUSD fell to the 0.61000 level but has rebounded steeply with support from the trendline. The next resistance is around the 0.63000 level, but since this has already been breached once, it is expected to break through easily. The upward trend is likely to continue toward the 0.64000 level. However, a reversal is anticipated around this range, potentially driving the price back down to the 0.60000 level. If movements differ from these expectations, we will quickly adjust our strategy.
Long
by shawntime_academy
Could the Aussie reverse from here?The price is rising towards the pivot which has been identified as a pullback support and could rise to the 1st resistance. Pivot: 0.6285 1st Support: 0.6225 1st Resistance: 0.6330 Risk Warning: Trading Forex and CFDs carries a high level of risk to your capital and you should only trade with money you can afford to lose. Trading Forex and CFDs may not be suitable for all investors, so please ensure that you fully understand the risks involved and seek independent advice if necessary. Disclaimer: The above opinions given constitute general market commentary, and do not constitute the opinion or advice of IC Markets or any form of personal or investment advice. Any opinions, news, research, analyses, prices, other information, or links to third-party sites contained on this website are provided on an "as-is" basis, are intended only to be informative, is not an advice nor a recommendation, nor research, or a record of our trading prices, or an offer of, or solicitation for a transaction in any financial instrument and thus should not be treated as such. The information provided does not involve any specific investment objectives, financial situation and needs of any specific person who may receive it. Please be aware, that past performance is not a reliable indicator of future performance and/or results. Past Performance or Forward-looking scenarios based upon the reasonable beliefs of the third-party provider are not a guarantee of future performance. Actual results may differ materially from those anticipated in forward-looking or past performance statements. IC Markets makes no representation or warranty and assumes no liability as to the accuracy or completeness of the information provided, nor any loss arising from any investment based on a recommendation, forecast or any information supplied by any third-party.
Short
by ICmarkets
1
Bullish Scenario Breakdown📢 Hey traders, friends, and companions! Hello everyone! It’s been a while—about 6–7 months since my last post—and I’ve missed sharing my insights with you. I hope you're all doing well and having a successful trading week! Lately, I’ve been analyzing the long-term outlook for AUD/USD, and I’d like to share my thoughts based on Elliott Wave Theory. As always, this perspective is shaped by the current price structure, and of course, everything depends on the strength or weakness of DXY (US Dollar Index). 🔍 Market Outlook 📌 If the DXY weakens, we could see strong bullish momentum in AUD/USD, with impulsive waves developing toward higher targets. 📌 If the DXY strengthens, then we may experience further declines in AUD/USD and other USD-based pairs. 💡 From my experience, the Australian and New Zealand dollars tend to react faster to DXY movements compared to other pairs, creating sharp and significant price swings. 🔄 Bullish Scenario Breakdown ✅ Key trigger: A strong breakout above the aggressive bullish zone. ✅ Next step: A corrective pattern, forming the base for the next impulsive rally. ✅ First Target Range: If the bullish scenario plays out, we could see price movement toward the first target zone, with potential corrections along the way. ✅ Final Thought: If the DXY shows strength, I’ll definitely update this analysis to reflect any changes. I’d love to hear your thoughts! What’s your outlook on AUD/USD? Let me know in the comments below. 📊 If you found this analysis valuable, don’t forget to like, follow, and share to stay updated with my latest insights! More market breakdowns coming soon. Stay sharp and trade wisely! 🚀🔥
Long
by Mehdi_Abbasi_EWP
AUDUSD - Weekly forecast, Technical Analysis & Trading IdeasMidterm forecast: 0.63475 is a major resistance, while this level is not broken, the Midterm wave will be downtrend. Technical analysis: A peak is formed in daily chart at 0.63295 on 01/24/2025, so more losses minimum to Trend Hunter Buy Zone (0.61710 to 0.61000) is expected. Take Profits: 0.62874 0.63475 0.64388 0.65385 0.66210 0.66846 0.67965 0.69410 0.71541 __________________________________________ ❤️ If you find this helpful and want more FREE forecasts in TradingView, . . . . . Please show your support back, . . . . . . . . Hit the 👍 BOOST button, . . . . . . . . . . . Drop some feedback below in the comment! 🙏 Your Support is appreciated! Let us know how you see this opportunity and forecast. Have a successful week, ForecastCity Support Team
Long
by ForecastCity
21
AUD/USD false break reversalThe AUD/USD chart is super interesting to watch and trade this week. It fell yesterday to a fresh multi-year low, but rallied from its lows to close the day higher after Trump delayed tariffs on the USA's northern and southern neighbours. Anyway, the AUD/USD has potentially formed what looks like a false break bullish reversal pattern against the January low of 0.6131. The bulls will want to see rates now hold above Monday's high (that too, being a nice a hammer candle). If seen, we could see further follow-up technical buying in the days ahead. By Fawad Razaqzada, market analyst at FOREX.com
Long
by FOREXcom
AUD/USD - We had a decent drop time to recoverHi guys, we are looking next into the AUD/USD - Fundamentals : 1. Strong Australian Economic Outlook The Australian economy benefits from its abundant natural resources, including iron ore and coal, which are critical exports to key trading partners like China. With China's economic recovery gaining momentum, increased demand for Australian commodities is expected to support the AUD. 2. Rising Commodity Prices Australia’s economy is closely tied to commodity markets. Recent rallies in commodity prices, particularly in metals and energy, provide a supportive backdrop for the AUD. Higher export revenues strengthen the currency by improving the country’s terms of trade and boosting investor confidence. 3. Divergence in Central Bank Policies The Reserve Bank of Australia (RBA) has taken a data-driven approach to monetary policy, potentially adopting a more hawkish stance if inflation persists. Meanwhile, expectations of a pause or slowdown in the Federal Reserve's rate hikes could reduce support for the USD, narrowing the interest rate differential and favoring the AUD. Technicals : Simply pair has been low for quite a long time over bigger time frames such as 4H,1D,1W Entry: 0.62500 Target: 0.63500 As always my friends happy trading! P.S. If you have questions or inquiries about one of my existing set-ups or personal questions / 1 on 1 sessions consider joining my community so you can follow up with me in private!
Long
by DG55Capital
Day Trading: A Comprehensive GuideDay trading is a dynamic trading style that attracts many traders, particularly those looking to capitalize on short-term market movements. Unlike other trading strategies that span days, weeks, or even months, day trading involves executing trades within the same trading day, taking advantage of price fluctuations throughout that period. This guide will explore the essence of day trading, its strategies, pros and cons, and tips for success, delving deeper into the intricacies of the market and the techniques required to navigate it effectively. What is Day Trading? Day trading involves the buying and selling of financial instruments within a single trading day. Traders do not hold positions overnight; instead, they aim to profit from daily market movements. This approach is particularly appealing to novice traders, who may believe that frequent trades can exponentially increase profits. However, the fast-paced nature of day trading requires discipline and a solid trading plan, as emotional decision-making can lead to significant losses. Traders typically utilize various time frames, often ranging from one minute (M1) to one hour (H1). While beginners may gravitate towards shorter time frames like M5 or M15, these often result in increased noise and the potential for quickly hitting stop-loss orders. Successful day traders understand that consistent profitability stems from maintaining discipline and developing a robust trading strategy rather than chasing quick wins. Understanding Market Psychology Market psychology plays a significant role in day trading. Fear, greed, and anxiety are the primary emotions driving investor behavior, leading to price movements. Traders must remain aware of market sentiment, gauging the mood of other traders and market participants. This involves: 1. Sentiment Analysis: Assessing current market sentiment can help traders position themselves correctly. Bullish sentiment often leads to higher prices, while bearish sentiment causes prices to drop. 2. Economic Indicators: Monitoring economic indicators and news releases helps traders anticipate potential price movements, influencing their trading decisions. 3. Support and Resistance: Key support and resistance levels indicate areas of price stability and potential for price reversal. Read also: --- Strategies for Successful Day Trading --- To thrive in day trading, adherence to particular strategies is essential. Here’s a look at some of the most common techniques employed by day traders: 1. Scalping Scalping is one of the oldest and most popular strategies in day trading. It involves making numerous trades throughout the day to capture small price movements. Scalpers analyze charts and execute quick trades based on technical indicators, entering and exiting positions in mere minutes. This method thrives in low-volatility environments, where assets tend to fluctuate within tight ranges, allowing traders to realize small but consistent profits. Example of Scalping on 5-Minute EURUSD with Simple Moving Average and Standard RSI Indicator 2. Reverse Trading Reverse trading capitalizes on market range-bound conditions. Traders identify key support and resistance levels and execute trades based on the price retracing from these points. This strategy typically requires a combination of technical analysis and an understanding of fundamental data. It's crucial to remain vigilant about scheduled news releases, as these can create sudden price surges or drops that impact positions. Read also: 3. Momentum Trading Momentum trading relies on the strength of existing price movements. This strategy involves entering trades in the direction of a prevailing trend, often guided by fundamental analysis and technical indicators such as Moving Averages. Traders monitor economic news and events that may influence market dynamics, utilizing these insights to execute long or short trades accordingly. Read also: 4. Range Trading Range trading involves buying an asset when its price falls to the lower boundary of a trading range and selling when it reaches the upper boundary. This strategy requires a keen eye for identifying support and resistance levels and a deep understanding of market volatility. Read also: Pros and Cons of Day Trading Day trading comes with a distinct set of advantages and challenges. Here’s a balanced view of its pros and cons: Pros: - Access to Capital: Traders can start day trading with lower capital requirements since each trade can yield a profit in just a few pips. - Flexibility: Traders have control over their trading schedule, allowing them to choose when and how long to engage in trades. - Potential for High Returns: Successful day trading can produce significant profits compared to longer-term strategies, provided that trades are executed prudently and systematically. Cons: - High Risk: Day trading is inherently risky, especially for those inexperienced in market dynamics. The potential for quick losses is significant. - Psychological Pressure: The fast-paced nature of day trading can lead to emotional decision-making, which can derail even the most disciplined traders. Read also: - Time Commitment: Day traders must be patient and ready to dedicate long hours to monitoring the markets, which may not suit everyone. - Commissions and Fees: Trading frequently can lead to increased commissions and fees, eating into potential profits and making it essential to maintain a high win-to-loss ratio. Managing Risks in Day Trading Risk management is paramount to surviving in the world of day trading. Here are some risk management techniques to consider: 1. Position Sizing: Proper position sizing is critical to risk management in day trading. This involves allocating the right amount of capital to each trade to minimize the impact of potential losses. 2. Stops and Limits: Traders use stops and limits to limit potential losses. Stops are triggered when prices reach a predefined level, closing out the position, while limits are triggered when prices reach a certain level, closing out the position. 3. Risk Reward Ratio: Setting a risk reward ratio helps traders maintain profitability. This involves setting a ratio of reward to risk, typically around 1:3 to 1:4. Read also: /b] and.. and... Conclusion Day trading can be a lucrative venture for those willing to invest time in understanding market mechanics, developing strategies, and exercising disciplined decision-making. While it may appear attractive, particularly for beginners, the reality is that successful day trading requires meticulous planning, emotional control, and a well-thought-out strategy. For those new to day trading, practicing on a demo account is advised to build skills and confidence. Starting with simpler strategies, such as pullback trading or scalping, can help beginners navigate the complexities of intraday trading. Ultimately, comprehensive knowledge of technical analysis and a clear grasp of market sentiment are critical for achieving consistent success in day trading. ✅ Please share your thoughts about this article in the comments section below and HIT LIKE if you appreciate my post. Don't forget to FOLLOW ME; you will help us a lot with this small contribution.
Education
by FOREXN1
1
Could the Aussie reverse from here?The price is rising towards the pivot which acts as a pullback resistance and could reverse to the pullback support. Pivot: 0.6244 1st Support: 0.6176 1st Resistance: 0.6292 Risk Warning: Trading Forex and CFDs carries a high level of risk to your capital and you should only trade with money you can afford to lose. Trading Forex and CFDs may not be suitable for all investors, so please ensure that you fully understand the risks involved and seek independent advice if necessary. Disclaimer: The above opinions given constitute general market commentary, and do not constitute the opinion or advice of IC Markets or any form of personal or investment advice. Any opinions, news, research, analyses, prices, other information, or links to third-party sites contained on this website are provided on an "as-is" basis, are intended only to be informative, is not an advice nor a recommendation, nor research, or a record of our trading prices, or an offer of, or solicitation for a transaction in any financial instrument and thus should not be treated as such. The information provided does not involve any specific investment objectives, financial situation and needs of any specific person who may receive it. Please be aware, that past performance is not a reliable indicator of future performance and/or results. Past Performance or Forward-looking scenarios based upon the reasonable beliefs of the third-party provider are not a guarantee of future performance. Actual results may differ materially from those anticipated in forward-looking or past performance statements. IC Markets makes no representation or warranty and assumes no liability as to the accuracy or completeness of the information provided, nor any loss arising from any investment based on a recommendation, forecast or any information supplied by any third-party.
Short
by ICmarkets