AUDUSD BUY IDEASeen price break below sell side liquidity, then shift up an hold bullish structure. Once price entered in my zone I was looking to take entries at previous liquidity levels.
USDAUD trade ideas
Selling pressure audusd Our first selling idea running 100 pips already
Now h4 trend broken clearly and having one more selling confirmation
Now in safe heaven and we are entering again in sell
AUDUSD USD Set To Grow! BUY!
My dear followers,
This is my opinion on the AUDUSD next move:
The asset is approaching an important pivot point 0.6733
Bias - Bullish
Safe Stop Loss - 0.6700
Technical Indicators: Supper Trend generates a clear long signal while Pivot Point HL is currently determining the overall Bullish trend of the market.
Goal - 0.6784
About Used Indicators:
For more efficient signals, super-trend is used in combination with other indicators like Pivot Points.
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WISH YOU ALL LUCK
AUD/USD Forms Bearish Reversal Pattern Ahead of Key DataAUD/USD has formed a bearish swing failure pattern on the daily chart, suggesting a possible reversal after failing to break July's highs. While this pattern has previously predicted strong moves, upcoming Australian GDP and US non-farm payroll data could still sway the pair's direction.
Understanding the Swing Failure Pattern and Its Implications
A swing failure pattern generally occurs when a currency pair tests a recent swing high (or low) but fails to sustain the momentum, ultimately reversing direction. In the case of AUD/USD, the pair recently retested the highs set in July but failed to break higher, subsequently retreating below last week’s swing lows. This downward move has confirmed the bearish swing failure pattern, signalling the potential for a trend reversal to the downside.
The significance of this pattern is heightened given its recent ability to identify key inflection points on AUD/USD’s daily candle chart. Earlier this year, the formation of a bullish swing failure pattern in April led to a strong rally that persisted throughout the month. A similar bullish pattern emerged in August, and once again, it was followed by a robust rally.
AUD/USD Daily Candle Chart
Past performance is not a reliable indicator of future results
Caution: Not All Patterns are Created Equal
While the bearish swing failure pattern suggests a potential reversal, it's essential to remember that no price pattern is foolproof. The inherent limitation of this pattern is that it typically goes against the dominant momentum in the market. In the current context, broader market forces and sentiment towards the Australian and US economies could still overpower this technical signal, rendering the pattern less effective.
Key Economic Data Releases to Watch This Week
Traders should be particularly vigilant this week as several critical economic events are lined up that could impact both the Australian dollar and the US dollar. On Wednesday, Australia will release its Q2 GDP numbers, providing insight into the country's economic growth trajectory. Additionally, the US Federal Reserve will publish its Beige Book, summarising current economic conditions across the US, which could provide hints about future monetary policy. The week will culminate with the highly anticipated US non-farm payrolls data on Friday, a key indicator of the health of the US labour market.
These events could potentially cause a sharp increase in AUD/USD’s volatility and should be factored into risk management strategies.
Disclaimer: This is for information and learning purposes only. The information provided does not constitute investment advice nor take into account the individual financial circumstances or objectives of any investor. Any information that may be provided relating to past performance is not a reliable indicator of future results or performance. Social media channels are not relevant for UK residents.
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AUDUSDThe pair has been on bull for a while now, I think it has already started the bear trend, let us wait for a small retracement up, then we short, sniper entry or nothing, this is a swing trade, use proper risk management. Lets Download Success
AUD/USD BULLISH BIAS RIGHT NOW| 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 0.680.
✅LIKE AND COMMENT MY IDEAS✅
AUD/USD sinks ahead of GDPThe Australian dollar is sharply lower on Tuesday. AUD/USD is trading at 0.6732 in the European session, down 0.88% today at the time of writing.
Australia’s economy has been sputtering and the markets aren’t expecting much change from second-quarter GDP on Wednesday. GDP is expected to trickle lower to 1% y/y, down from 1.1% in Q1, which was the weakest pace of growth since Q4 2020. Quarterly, the market estimate for GDP stands at 0.3%, compared to 0.1% in Q1.
GDP-per-capita is expected to be negative, another indication that economic activity remains subdued. Australia has been hit by a drop in iron ore and core prices and exports fell by 4.4% in the second quarter, which doesn’t bode well for the Australian dollar.
The GDP is unlikely to change the Reserve Bank of Australia’s plans when it meets on Sept. 24. The central bank is closely watching inflation, which remains stubbornly high, as well as the labor market. Governor Bullock has said she has no plans to lower the cash rate from its current 4.35% for the next six months. The RBA has stuck to its “higher for longer” stance and has maintained rates since November.
The Federal Reserve is widely expected to lower rates on September 18, with a 70% likelihood of a quarter-point cut and a 31% likelihood of a half-point cut. Ahead of the meeting is a crucial employment report on Friday. The previous jobs report was much weaker than expected and triggered a meltdown in the financial markets. Another weak jobs report would raise the likelihood of a half-point cut, while a solid release will cement a quarter-point cut.
AUD/USD has pushed below support at 0.6780 and is testing support at 0.6737. Below, there is support at 0.6708
0.6809 and 0.6852 are the next resistance lines
AUDUSD New Risk Appetite? (Swing Reversal)Weakness is flowing into antipodean currencies and strength is moving into safe haven assets (USD).
This new sentiment is pulling AUDUSD and may create a continuation of the historic trajectory we have seen.
Here's how to understand FX pairs and risk appetite.
Lingrid | AUDUSD complex PULLBACK. LongFX:AUDUSD broken out of an expanding triangle pattern. The recent break and close below the support level that had been respected multiple times indicates a shift in trend. On the 1H timeframe, the market is currently pulling back towards the lower border of the channel, which presents a potential bounce point, especially since the major trend remains bullish on the D. Given this bullish context, I expect there is a good chance the market will gain momentum and push upwards. This suggests that price may enter a consolidation phase as it oscillates between support and resistance. It will be important to monitor the price action around the lower border of the channel and the support level for confirmation of the expected movement. My goal is the resistance zone at 0.67613
Traders, if you liked this idea or if you have your own opinion about it, write in the comments. I will be glad 👩💻
AUDUSD in SellAs we witnessed that AUDUSD shown a good bullish rally and then went into the ranging phase since past few days. But now it has broken that range & thats the clear indication that it has been out of the DISTRIBUTION PHASE and started making a series of lower lows & lower highs . Since we always want to trade on market's behaviour instead of trying to short early so it has given plenty of signs that its all set to go in bearish phase now. So we can ride it keeping a safe Stoploss on previous LH and can book our tp on next loop of LH & LL.
AUD/USD +50 Pips , After D Closure We Can Re Sell It Again ?This Is An Educational + Analytic Content That Will Teach Why And How To Enter A Trade
Make Sure You Watch The Price Action Closely In Each Analysis As This Is A Very Important Part Of Our Method
Disclaimer : This Analysis Can Change At Anytime Without Notice And It Is Only For The Purpose Of Assisting Traders To Make Independent Investments Decisions.
AUDUSD: Bearish Reversal Pattern?!AUDUSD has formed a head and shoulders pattern on the 4-hour chart, with the price breaking below the neckline.
Currently, there is a retest occurring, and I anticipate that the pair will begin to decline shortly.
The targets for this downward movement are set at 0.6719 and 0.6700.
AUDUSD MISSED CALLYesterday's call on the Aussie was not met because of the Labor Day (US Bank holiday) and thus made the Aussie stronger compared to the Dollar that wasn't trading at all.
We also witnessed this play right here not tagging in the desired fib level and only taking the imbalance and seeing a beautiful sell off.
This was clean. But, today is a new day and we see new opportunities. NFP event is coming soon, this week will be filled with a lot of manual intervention (manipulations)
Be safe
AUDUSD Potential Buy SetupPotential buy setup if price comes to our lower region to fill that imbalance.
Trade idea - AUDUSD short4H
Corrective approach towards entry zone.
-68 Fibonacci completion aligning with entry zone .
= Sell limit.
Bearish Fake Out flag also there as extra evidence.
0.5% risk.
Aiming to take full profit at Daily TP.
Divergence Historical DataLast 3 years Divergence data how much percentage winning rate in divergence base trade ?
Answer :- 70% divergence work on 4hr time frame chart .
AUDUSD has formed a head and shoulders patternOn the 4-hour chart, AUDUSD fell from a high level and formed a head and shoulders top pattern in the short term. The current support below is around 0.670, and after breaking it, the support below is around 0.664.
AUDUSD(Short)Turtle soup and Smart Money Concept Trading Strategy
The Turtle Soup strategy, however, flips the script, aiming to profit when those anticipated trend.
Linda Raschke’s Turtle Soup strategy is a counter-trend trading approach that capitalizes on failed breakouts.
ENTRY :- SELL -Above opening price (daily) BUY - Below opening price (daily)
STOPLOSS :- above or below recent swing High
1st TARGET :- Book profit 50%
2nd TARGET :- Book profit 25%
3rd TARGET :- Book profit 25%
Consisitency and hard working is the key of success.
KEY OF SUCCESS :-
*) Buy below opening price of Daily Candle AND Sell above opening price of Daily Candle.
*) Do not take risk more than 1% of Equity.
*) Take Profite Should be More then 2% of Equity .
*) Book 50% profit of running trade first and remaining 50% hold for long term.
AUDUSD SELLThe market is currently testing a major resistance zone
based on weekly and monthly TF. I do see a possible reversal chart pattern on the daily TF. The market is currently testing the 0.618 Fib level on 4HR TF. Should the current level hold, we see some bearish momentum. Lets see how this will play out
Disclaimer:
Please be advised that the information presented on TradingView is solely intended for educational and informational purposes only.The analysis provided is based on my own view of the market. Please be reminded that you are solely responsible for the trading decisions on your account.
High-Risk Warning
Trading in foreign exchange on margin entails high risk and is not suitable for all investors. Past performance does not guarantee future results. In this case, the high degree of leverage can act both against you and in your favor.
audusdthis pair is over bought clearly on the biggest timeframes, therefore a push down is a high probability, waiting for nice push to the downside...
Looks like AUDUSD wants to take the dive!!!!FX:AUDUSD
This pair created a really strong uptrend until this point. Last week price stayed within range most of the week. Let's see if the market has created enough liquidity to break the lows.
Depending on the strength of the momentum when price retests the highs, we could also see the formation of a Bull Flag. To be safe wait until price breaks above the highs with multiple candles closing for confirmation. Then we'll wait on the retest to enter a Buy.
