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AUD (Australian Dollar)

Overlap resistance ahead?AUD/JPY is rising towards the pivot which is an overlap resistance and could drop to the 1st support which acts as a pullback support. Pivot: 96.78 1st Support: 95.52 1st Resistance: 97.49 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
AUDNZD – Potential Long from Key Support ZoneOANDA:AUDNZD is approaching a key demand zone, which has previously led to bullish reversals. The recent downward move brings price into this support area, signaling a potential opportunity for buyers to step in. A bullish confirmation, such as a strong rejection pattern, bullish engulfing candle, or long lower wick, would support the likelihood of an upward move. If buyers regain control, the price could rally toward 1.10500. This is not financial advice but rather how I approach support/resistance zones. Remember, always wait for confirmation, like a rejection candle or volume spike before jumping in. Please boost this post, every like and comment drives me to bring you more ideas! I’d love to hear your perspective in the comments. Best of luck , TrendDiva
Long
by TrendDiva
AUDCAD Will Go Up! Long! Take a look at our analysis for AUDCAD. Time Frame: 1D Current Trend: Bullish Sentiment: Oversold (based on 7-period RSI) Forecast: Bullish The market is approaching a significant support area 0.901. The underlined horizontal cluster clearly indicates a highly probable bullish movement with target 0.913 level. P.S Overbought describes a period of time where there has been a significant and consistent upward move in price over a period of time without much pullback. Like and subscribe and comment my ideas if you enjoy them!
Long
by SignalProvider
1
AUD/JPY "Aussie vs Japanese" Forex Market Heist Plan on Bullish🌟Hi! Hola! Ola! Bonjour! Hallo!🌟 Dear Money Makers & Robbers, 🤑 💰 Based on 🔥Thief Trading style technical and fundamental analysis🔥, here is our master plan to heist the AUD/JPY "Aussie vs Japanese" Forex market. Please adhere to the strategy I've outlined in the chart, which emphasizes long entry. Our aim is the high-risk Red Zone. Risky level, overbought market, consolidation, trend reversal, trap at the level where traders and bearish robbers are stronger. Be wealthy and safe trade.💪🏆🎉 Entry 📈 : Traders & Thieves with New Entry A bull trade can be initiated on the MA level breakout of 98.400 However I advise placing Buy limit orders within a 15 or 30 minute timeframe. Entry from the most recent or closest low or high level should be in retest. Stop Loss 🛑: Using the 4H period, the recent / nearest low or high level. Goal 🎯: 101.300 (or) Escape Before the Target Scalpers, take note 👀 : only scalp on the Long side. If you have a lot of money, you can go straight away; if not, you can join swing traders and carry out the robbery plan. Use trailing SL to safeguard your money 💰. Fundamental Outlook 📰🗞️ AUD/JPY is a popular currency pair that can be influenced by various fundamental and macroeconomic factors. Here's a brief analysis to help you make an informed decision: Fundamental Analysis--- Interest Rate Differential: The Reserve Bank of Australia (RBA) has been keeping interest rates relatively high compared to the Bank of Japan (BOJ). This difference can make the AUD more attractive to investors, potentially driving up the value of AUD/JPY. Commodity Prices: Australia is a major exporter of commodities like iron ore, coal, and gold. An increase in commodity prices can boost the Australian economy and support the AUD. Economic Growth: Australia's economy has been showing signs of resilience, with a growing services sector and a rebound in consumer spending. Japan's economy, on the other hand, has been facing challenges, including a declining population and low inflation. Macroeconomic Analysis--- Global Risk Sentiment: AUD/JPY is often considered a risk-on/risk-off pair. When investors are risk-averse, they tend to sell AUD and buy JPY, causing the pair to decline. Conversely, when risk appetite increases, AUD/JPY tends to rise. Yield Curve: The yield curve in Australia has been relatively steep compared to Japan, which can attract investors seeking higher returns. Central Bank Policies: The RBA has been maintaining a hawkish stance, while the BOJ has been keeping its ultra-loose monetary policy. This contrast can influence the AUD/JPY exchange rate. Technical Analysis--- The AUD/JPY chart is showing a bullish trend, with the pair trading above its 200-day moving average. The Relative Strength Index (RSI) is around 60, indicating a moderate bullish momentum. Conclusion--- Based on the fundamental and macroeconomic analysis, it seems that AUD/JPY might continue its bullish trend. However, it's essential to keep an eye on global risk sentiment, commodity prices, and central bank policies, as these factors can influence the pair's direction. Trading Alert⚠️ : News Releases and Position Management 📰 🗞️ 🚫🚏 As a reminder, news releases can have a significant impact on market prices and volatility. To minimize potential losses and protect your running positions, we recommend the following: Avoid taking new trades during news releases Use trailing stop-loss orders to protect your running positions and lock in profits Please note that this is a general analysis and not personalized investment advice. It's essential to consider your own risk tolerance and market analysis before making any investment decisions. Keep in mind that these factors can change rapidly, and it's essential to stay up-to-date with market developments and adjust your analysis accordingly. 💖Supporting our robbery plan will enable us to effortlessly make and steal money 💰💵 Tell your friends, Colleagues and family to follow, like, and share. Boost the strength of our robbery team. Every day in this market make money with ease by using the Thief Trading Style.🏆💪🤝❤️🎉🚀 I'll see you soon with another heist plan, so stay tuned 🫂
Long
by Thief_Trader
AUDNZD Technical Analysis! BUY! My dear subscribers, AUDNZD looks like it will make a good move, and here are the details: The market is trading on 1.1016 pivot level. Bias -Bullish My Stop Loss - 1.1002 Technical Indicators: Both Super Trend & Pivot HL indicate a highly probable Bullish continuation. Target - 1.1042 About Used Indicators: The average true range (ATR) plays an important role in 'Supertrend' as the indicator uses ATR to calculate its value. The ATR indicator signals the degree of price volatility. ——————————— WISH YOU ALL LUCK
Long
by AnabelSignals
1
AUDNZD What Next? BUY! My dear friends, Please, find my technical outlook for AUDNZD below: The price is coiling around a solid key level - 1.1009 Bias - Bullish Technical Indicators: Pivot Points Low anticipates a potential price reversal. Super trend shows a clear buy, giving a perfect indicators' convergence. Goal - 1.1015 About Used Indicators: The pivot point itself is simply the average of the high, low and closing prices from the previous trading day. ——————————— WISH YOU ALL LUCK
Long
by AnabelSignals
2
EURAUD Will Grow! Long! Here is our detailed technical review for EURAUD. Time Frame: 1h Current Trend: Bullish Sentiment: Oversold (based on 7-period RSI) Forecast: Bullish The market is approaching a key horizontal level 1.667. Considering the today's price action, probabilities will be high to see a movement to 1.672. P.S Please, note that an oversold/overbought condition can last for a long time, and therefore being oversold/overbought doesn't mean a price rally will come soon, or at all. Like and subscribe and comment my ideas if you enjoy them!
Long
by SignalProvider
1
AUD/JPY At a Breaking Point – Big Move Loading!AUD/JPY is sitting at a crucial level right now. We're seeing a descending triangle pattern forming, with price getting squeezed between lower highs and key support around the 200 EMA (94.64). A breakdown below this level could trigger a sharp drop, with targets around 90 and possibly 85-87 in the coming weeks. The bearish momentum is building, and today's red candle isn't looking too promising for bulls. On the flip side, if buyers step in and push it back above 97.50, we might see a recovery towards the 100 level. But for now, the bias leans bearish unless we get a strong reversal signal. Keep an eye on that 94 level – a breakdown could mean more downside ahead. 🔻
by MrStellanSight
AUDJPY: 2 month range calls for a reboundAUDJPY is neutral on its 1D technical outlook (RSI = 45.920, MACD = -0.220, ADX = 20.692) as it is trading inside a Rectangle pattern. The price hit the pattern's bottom yesterday and today is rebounding towards the 4H MA50, already hitting the 0.382 Fibonacci retracement level. Such rebounds have always reached the 0.786 Fib at least, so with the 4H RSI also rebounding perfectly from the oversold area, we expect to test the 0.786 Fib again (TP = 98.385). ## If you like our free content follow our profile to get more daily ideas. ## ## Comments and likes are greatly appreciated. ##
Long
by InvestingScope
1
AUDCHF Will Explode! BUY! My dear subscribers, This is my opinion on the AUDCHF next move: The instrument tests an important psychological level 0.5639 Bias - Bullish Technical Indicators: Supper Trend gives a precise Bullish signal, while Pivot Point HL predicts price changes and potential reversals in the market. Target - 0.5664 My Stop Loss - 0.5625 About Used Indicators: On the subsequent day, trading above the pivot point is thought to indicate ongoing bullish sentiment, while trading below the pivot point indicates bearish sentiment. ——————————— WISH YOU ALL LUCK
Long
by AnabelSignals
2
GBPAUD Will Go Down! Short! Take a look at our analysis for GBPAUD. Time Frame: 1D Current Trend: Bearish Sentiment: Overbought (based on 7-period RSI) Forecast: Bearish The market is trading around a solid horizontal structure 1.994. The above observations make me that the market will inevitably achieve 1.958 level. P.S Please, note that an oversold/overbought condition can last for a long time, and therefore being oversold/overbought doesn't mean a price rally will come soon, or at all. Like and subscribe and comment my ideas if you enjoy them!
Short
by SignalProvider
1