AUDUSD BUY ANALYSIS DOUBLE BOTTOM PATTERNHere on Ausdusd price has form a double bottom and is likely to move up so if line 0.64734 break then trader should go for long and expect profit target of 0.65110 and 0.65629 . Use money managementLongby FrankFx143
The RBA just made a small (but big) change to their statementThe RBA held rates at 4.35% as expected, but there were several changes to their December statement which warrant a closer look. I highlight the key differences to the November statement and provide my interpretation of what it means for the RBA's policy as we head into next year, then look at AUD/USD. MS04:19by CityIndex4
AUDUSD long movePrice is currently dropping towards our demand level and any bullish reaction at this level cloud leads to bullish movement. Longby OCBE-FX5510
This is why AUD/USD bears need to watch USD/CNHBets are back on for the RBA to cut, with markets having now fully priced in three 25bp cuts beginning in April. Weak GDP was the culprit, which leaves the Aussie susceptible to further weakness should incoming data continue to deteriorate. However, Aussie bears may also need to factor the yuan into the equation.Short03:45by CityIndexUpdated 3
China headlines help AUD/USD hold critical support. The AUDUSD finished higher o/n at .6440 (+0.80%) boosted by reports that China will increase support for its economy. We suspect yesterdays China headlines help the AUD/USD remain above critical multi month support at .6370/50 for now, despite the likelihood of a dovish pivot this afternoon from the RBA as outlined in the article ⬇️ The AUD/USD would need to rebound above resistance at .6550 to suggest that a stronger recovery can occur. www.ig.com by IG_com111
AUDUSD: UT Curve Analysis (20D)OVERVIEW The analysis of AUDUSD combines multi-timeframe technical insights, oscillator, and moving average indicators. This report serves to aid both strategic and tactical decision-making by position, swing, and day traders. Multi-Timeframe Price Analysis: Position (Wealth) Traders: Range: Pivot Low @ 0.55086 to Pivot High @ 1.10805 Trend: Long-term uptrend Treatment: Quarternary; used to align with long-term investment goals. Long-Term Swing Traders: Range: Pivot Low @ 0.55086 to Pivot High @ 0.95052 Trend: Long-term uptrend Treatment: Tertiary; aligns with monthly chart trends and broader market sentiment. Swing Traders: Range: Pivot Low @ 0.61702 to Pivot High @ 0.80072 Trend: Early stages of an uptrend Key Levels: TP4 @ 0.7639 TP1 @ 0.6776 BLO1 @ 0.6457 BLO2 @ 0.6262 Treatment: Primary; expected to host the most significant price action. Day Traders: Range: Pivot Low @ 0.61702 to Pivot High @ 0.71578 Trend: Beginning of the uptrend Treatment: Secondary; used for daily volatility trades. RECOMMENDATIONS: Strategic Trading: Position traders should monitor the 0.90000–1.10000 range for long-term buy opportunities, but ONLY if they are aligned with economic fundamentals. Long-term swing traders can set buy limits around 0.65000 and aim for TP before Resistance around 0.80000. Tactical Trading: Swing traders should prioritize 0.6457 (BLO1) and 0.6776 (TP1) for buy orders, taking advantage of primary range volatility. Day traders can exploit intraday support at 0.6262 and resistance around 0.71578. Longby ProfessorCEWard3
AUDUSD SHORTMarket structure bearish on HTFs 30 Entry at Daily AOi Weekly Rejection At AOi Strong bearish weekly momentum Previous Weekly Structure Point Daily rejection at AOi Previous Daily Structure Point Around Psychological Level 0.64500 H4 EMA retest H4 Candlestick rejection Levels 6.52 Entry 100% REMEMBER : Trading is a Game Of Probability : Manage Your Risk : Be Patient : Every Moment Is Unique : Rinse, Wash, Repeat! : Christ is King Shortby mobbie_zwUpdated 6
Audusd longDemand Higher low 2022 lows Dollar weakness Eur weakness Quad bottom Potential 2025 buys Longby Master_Traders_MTA5
AUD/USD AnalysisFX:AUDUSD Overall analysis of the AUD/USD currency pair. We are currently at an important support from the M TF and we will see how the price will react to it08:44by KozelnickyUpdated 111
AUDUSD Bearish Setup in ProgressAUDUSD has been in a steady downtrend and recently formed a potential supply zone (purple area) around $0.64600. Price action suggests a bearish reaction at this zone, with the potential for lower highs before a continuation to the downside. Liquidity below $0.64000 is the next probable target as sellers dominate the market. The setup favors waiting for price to tap into the supply zone, showing clear rejection signs before executing shorts. A break below recent lows would confirm bearish momentum, with further downside targets in the $0.64000.Shortby TopGBanks4
AUD/USD soars as China's inflation dipsThe Australian dollar continues to takes traders on a roller-coaster. AUD/USD has surged 0.85% on Monday, recovering most of the 1% decline on Friday. In the European session, the Australian dollar is trading at 0.6443 at the time of writing. The week ended with a rebound from US nonfarm payrolls. In November, nonfarm payrolls climbed by 227 thousand, above the market estimate of 200 thousand. This followed a very weak October report, which was revised upwards to 36 thousand from 12 thousand. The unemployment rate ticked higher to 4.2% as expected, up from 4.1% in October. The employment data has raised expectations of a quarter-point hike at the Dec. 18 meeting, with the odds currently at 87%, up sharply from 62% a week ago. The Australian dollar took a tumble after the strong nonfarm payroll numbers, but has quickly recovered after China's inflation was lower than expected. In November, CPI eased to 0.2% y/y, down from 0.3% in October and short of the market estimate of 0.5%. Monthly, CPI declined by 0.6%, down from -0.3% in October and lower than the market estimate of -0.6%. The weak Chinese inflation data has raised expectations that China's central bank will respond by lowering interest rates. That would help boost the economy and increase demand for Australian exports and the Australian dollar has responded with sharp gains today. The Reserve Bank of Australia meets on Dec. 10 and is widely expected to maintain the cash rate at 4.35%, where it has been for over a year. The markets aren’t expecting a rate cut before May 2025, although a surprise decline in inflation in the coming months could push the central bank to lower rates in Q1 2025. AUD/USD has pushed above resistance at 0.6407 and is testing resistance at 0.6492. Above, there is resistance at 0.6492 0.6356 and 0.6322 are the next support linesby OANDA110
The AUDUSD: look this week for 1H chart to make a double bottom This down move is exhausted. Let the pair rest, and go make a 1,2,3 bottom. A one-two-three bottom (as labeled) is like a double bottom but the bottoms don't have to be exactly even. That is why I said 1,2,3 bottom. You can think of it as a double bottom. At the end of the double bottom, go long. All of this will take several days this week to develop. Be patient and you can track the progress of the double bottom, but get ready for a up move after the double bottom.Longby SAILBOATEVANMOSERSUpdated 4
AUDUSD had a massive reaction from supportIntraday Update: AUDUSD has had a MASSIVE response from the 2022 trend line (thanks to overnight China comments) which suggests that the sub .6400 level is critical into year end. Longby ForexAnalytixPipczar3
AUDUSD Rally/Reversal On The Cards?AUDUSD has seen demand inflows on some economic hopes out of China. Todays larger rally has taken it off the lows. Comes off the back of sever AUD weakness into the weekend and no crushing USD weakness. Here's my take.Long03:00by WillSebastian225
AUDUSD Long Trade SetupPrice is developing as a diagonal structure and is currently pushing higher. A break above 0.6455 high will signal a potential completion of the structure and we can start to expect more upside potential.Longby KarYong0
AUDUSD D1Price reacting from a very important resistance zone and facing with a strong down trendline. The strategy is wait the break out & wait the thowback for take a long positionby velasforex20090
AUDUSD Smart Money Concepts (SMC)In modern trading, especially within the Smart Money Concepts (SMC) methodology, terms such as Order Blocks, Imbalances, Breaker Blocks, and Inverted FVG (Fair Value Gaps) are widely used. Below is a detailed explanation of each: --- 1. Order Blocks An Order Block is a zone on the chart where large institutional investors have left "traces" of their operations, meaning a place where there was a concentration of buying or selling activity. It is typically the last candle before a significant price movement. Bullish Order Block: The last bearish candle before a strong upward movement. Bearish Order Block: The last bullish candle before a strong downward movement. How to use: Price often returns to order blocks before continuing the trend. Order blocks are used as potential entry or exit zones. Example: If the market is falling and a sharp reversal upwards begins, the last red candle before this rise is the bullish order block. --- 2. Imbalances An Imbalance is a zone on the chart where demand and supply were sharply uneven, creating "gaps" in the market structure. These zones are often referred to as FVG (Fair Value Gaps)—an area between the wicks of the first and last candles of three consecutive candles, where the middle candle does not overlap with the first or third. It is believed that the market tends to fill these gaps, meaning the price often returns to these zones before continuing its movement. How to use: Imbalances can serve as a reference for identifying potential retracement zones. Enter a position when the gap is filled. Example: In an uptrend, if the price rises sharply, creating a gap between the wicks of candles, traders can expect the price to return to this area. --- 3. Breaker Blocks A Breaker Block is a zone that forms when the market breaks a key support or resistance level and begins moving in the opposite direction. They appear where an order block was "broken." Breaker Blocks indicate that the previously dominant trend has been broken, and the market is preparing for a new movement. They can also be used to filter valid order blocks. How to use: After an order block is broken, the former support/resistance zone can serve as an entry point after a retest. Used to identify trend reversals. Example: In an uptrend, if the price breaks below the previous bullish order block, it becomes a bearish breaker block. --- 4. Inverted FVG (Inverted Fair Value Gap) An Inverted FVG is a zone where the market provides excessive liquidity in the opposite direction, creating an opportunity for "smart money" to trap traders in the wrong movement. An Inverted FVG occurs when the market "absorbs" liquidity, making traders believe the trend is continuing, but it is actually a manipulation before a reversal. It is used to analyze price manipulation and find entry points against the "trap." How to use: Enter after the price has covered the FVG zone and confirmed a reversal. Inverted FVGs often appear in zones that collect stop losses. Example: In an uptrend, the price sharply breaks a resistance zone (creating an FVG) but then reverses back and moves downward. --- Conclusion Order Blocks and Breaker Blocks help identify zones where large players may enter the market. Imbalances highlight areas where the price might return to balance demand and supply. Inverted FVGs help traders avoid traps set by large players and enter the market more strategically. These elements are especially useful for traders following SMC principles, as they provide a deeper understanding of the actions of major market participants.by Tonksovave0
AUD/USD at a Critical Support LevelAUD/USD at a Critical Support Level The AUD/USD chart reveals that since late October, the pair has been in a downtrend. This is largely driven by monetary policy differences: while the Federal Reserve has begun cutting interest rates, the Reserve Bank of Australia (RBA) has yet to initiate rate reductions. Tomorrow, the RBA will announce its decision on interest rates. All 44 economists surveyed by Reuters expect the rate to remain at 4.35%, given persistently high core inflation (3.5%) and low unemployment. Previously, experts forecasted rate cuts in the first quarter of 2025. However, most now anticipate reductions no earlier than the second quarter, as the RBA focuses on bringing inflation back to its 2–3% target range. Meanwhile, the AUD/USD chart highlights that the price is sitting at a key support level (marked by a red line), which has already reversed the pair upward three times since the latter half of 2022 (indicated with arrows). Tomorrow's crucial RBA decision is likely to strongly influence whether this support will manage to reverse the price upward for the fourth time. Monday's robust price action suggests that another upward reversal is possible. This article represents the opinion of the Companies operating under the FXOpen brand only. It is not to be construed as an offer, solicitation, or recommendation with respect to products and services provided by the Companies operating under the FXOpen brand, nor is it to be considered financial advice.by FXOpen226
Will the Australian Dollar Survive the Perfect Economic Storm?In the intricate dance of global financial markets, the Australian dollar stands at a critical crossroads, facing a confluence of economic challenges that threaten its stability. The convergence of complex factors—including the Federal Reserve's cautious monetary policy, China's economic headwinds, and Australia's domestic economic pressures—creates a perfect storm of uncertainty that challenges traditional economic assumptions and investor strategies. The current landscape reveals a nuanced battleground where geopolitical tensions, central bank decisions, and macroeconomic indicators intersect with unprecedented complexity. Projections suggest the Australian dollar could potentially decline to 62 cents against the U.S. dollar in early 2025, a forecast that speaks to deeper structural challenges facing the Australian economy. The Reserve Bank of Australia's delicate balancing act—managing persistent inflation, maintaining economic growth, and responding to global economic shifts—epitomizes the sophisticated challenges confronting modern monetary policy. Beyond just numbers, this economic narrative reflects a significant test of resilience and adaptability. Investors and economic strategists face a unique moment of transformation, where conventional economic models are being challenged by unprecedented global dynamics. The interaction between U.S. monetary policy, China's economic challenges, and Australia's domestic economic strategy creates an intriguing intellectual puzzle that requires sophisticated analysis and a forward-thinking approach. As the global economic landscape continues to evolve, the Australian dollar's journey becomes a microcosm of broader economic transformations. This is not simply a story of currency fluctuation, but a testament to the complex, interconnected nature of global financial systems—where every decision, from central bank policies to geopolitical strategies, can send rippling consequences through international markets. The true measure of economic strength lies not in avoiding challenges but in the ability to navigate them with insight, agility, and strategic foresight.Shortby signalmastermind2
AUD/USD 4H Timeframe Analysis WalkthroughHello Traders! 👋 Let’s have a quick look at my latest analysis on AUD/USD. If you find it helpful, don’t forget to like and follow me for more daily insights and analysis. Thank you all for your amazing support! 🚀📈Short08:20by RebornFXTrader224
AUDUSD focuses on rebound short selling opportunitiesOn the daily chart, AUDUSD continues to decline, and the bearish trend is obvious. At present, attention can be paid to the resistance near 0.642. If the rebound is blocked, consider continuing to short. The support below is around 0.635. After breaking through, the support below is around 0.627.Shortby XTrendSpeed1
Read The AUDUSD MarketLet's Looking at AUDUSD Price Actions and Predict the Next Moves and Maybe Finding Some Trade Opportunities, Good Luck With Your Trades <307:27by FXSGNLS1
AUDUSD speculative BUY as RBA Interest Rate DecisionAUDUSD currently traded in the downtrend movement. As we see in the weekly chart, the downshift movement starts from October as USD move stronger belong to strong economic data followed by investor's optimism of second Trump Presidential era. Tomorrow, 10/12/24 RBA would give us signal about it's interest rate. Consensus is 4,35% and we may anticipate the movement if the actual data shows 4,35%. It may cause the upward shift as technical analyst see the movement already bounced from it's weekly trendline support. The upward correction movement would as high as 0.650xx using Fibbonacci Internal Retracement tools. But, if the data shows us <4,35% it may cause more deep movement for the AUDUSD and we need to review again in further movement. I anticipated the movement and see BUY opportunity in this pair. Longby vicariuzchrist5534