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Aud-usd

🔥🔥🔥 AUDUSD...UT (30m) 🔥🔥🔥BSO @ 0.6568 ⏳ BLO1 @ 0.6550 ⏳ BLO2 @ 0.6526 ⏳ Choose your TP based on your favorite trading strategy or time frame: 🦘 AUDUSD (pip movement per strategy): STRATEGY PIP MOVEMENT Scalping 10-20 pips Intraday 20-40 pips Swing 40-80 pips Position 80-120 pips TIME FRAME AVERAGE ATR 1 day 20 pips 4 hours 10 pips 1 hour 5 pips 15 minutes 3 pips 5 minutes 2 pips ⚠️ TREND — Momentum: Big Picture Uptrend — Price Action: Ranging with an Uptrend Bias — CounterTrend: NO (moderate risk trade)
Long
by ProfessorCEWard
2
AUDUSD: Good pair to trade with current fundamentalsI'm very bearish in AUD, fundamentally I think there's a chance we'll see another pause from the BoA this week. I see a strong US and though this may not play out in DXY, against weaker pairs the USD should show its current strength. Even before that, with short term USD strength and a weakening Australian Dollar I think we'll break through resistance and out of this sideways channel. I think we have a double top on the daily, we need confirmation below current levels (neckline break) and with that we could ultimately see falls to the 0.61 levels. We've had a break of the rising trendline so will be looking to get in with a retest and LTF confirmation.
Short
by Finchcliffe
3
AUDUSD Open trade based on today's candle closing.The AUDUSD pair has been trading within a Channel Down pattern since the February 02 2023 High and the rejection on the 1W MA100 (red trend-line). Since June 16 however, it formed a short-term Rectangle pattern, which today broke below its 0.65950 Support 1. We will trade this depending on today's 1D candle closing. If it closes above the 0.65950 Support and back inside the Rectangle, then it will remain bullish towards the Channel Down's top (Lower Highs) with the targeted zone being 0.68000 - 0.68350. If it closes below 0.65950, it will be a confirmed bearish break-out, thus a sell signal for us, targeting 0.6400 (just above Support 2). ------------------------------------------------------------------------------- ** Please LIKE 👍, FOLLOW ✅, SHARE 🙌 and COMMENT ✍ if you enjoy this idea! Also share your ideas and charts in the comments section below! ** ------------------------------------------------------------------------------- 💸💸💸💸💸💸 👇 👇 👇 👇 👇 👇
by TradingShot
AUDUSD to see a temporary move higher?AUDUSD - 24h expiry We are trading at oversold extremes. A Doji style candle has been posted from the base. A higher correction is expected. Short term bias has turned negative. We therefore, prefer to fade into the rally with a tight stop in anticipation of a move back lower. We look to Sell at 0.6790 (stop at 0.6830) Our profit targets will be 0.6690 and 0.6620 Resistance: 0.6810 / 0.6890 / 0.7010 Support: 0.6620 / 0.6460 / 0.6380 Risk Disclaimer The trade ideas beyond this page are for informational purposes only and do not constitute investment advice or a solicitation to trade. This information is provided by Signal Centre, a third-party unaffiliated with OANDA, and is intended for general circulation only. OANDA does not guarantee the accuracy of this information and assumes no responsibilities for the information provided by the third party. The information does not take into account the specific investment objectives, financial situation, or particular needs of any particular person. You should take into account your specific investment objectives, financial situation, and particular needs before making a commitment to trade, including seeking advice from an independent financial adviser regarding the suitability of the investment, under a separate engagement, as you deem fit. You accept that you assume all risks in independently viewing the contents and selecting a chosen strategy. Where the research is distributed in Singapore to a person who is not an Accredited Investor, Expert Investor or an Institutional Investor, Oanda Asia Pacific Pte Ltd (“OAP“) accepts legal responsibility for the contents of the report to such persons only to the extent required by law. Singapore customers should contact OAP at 6579 8289 for matters arising from, or in connection with, the information/research distributed.
Short
by OANDA
AUDUSD Declining hard after a Double Top.AUDUSD is on the 4th red (1d) candle in a row, following the Double Top rejection near Resistance 1 (0.69000). Trading Plan: 1. Sell on the current market price. 2. Sell if a (1d) candle closes under the Rising Support. Targets: 1. 0.66750 (contact with Rising Support). 2. 0.66000 (Support 1). Tips: 1. The RSI (1d), is on the MA trend line. If broken, it will be a sell continuation signal. Please like, follow and comment!! Notes: Past trading plan:
Short
by TradingBrokersView
1
AUDUSD continues to hold back the bulls.AUDUSD - 24h expiry 0.6900 has been pivotal. 0.6895 has been pivotal. 0.6900 continues to hold back the bulls. Preferred trade is to sell into rallies. We look for a temporary move higher. We look to Sell at 0.6889 (stop at 0.6921) Our profit targets will be 0.6809 and 0.6785 Resistance: 0.6837 / 0.6850 / 0.6890 Support: 0.6807 / 0.6787 / 0.6770 Risk Disclaimer The trade ideas beyond this page are for informational purposes only and do not constitute investment advice or a solicitation to trade. This information is provided by Signal Centre, a third-party unaffiliated with OANDA, and is intended for general circulation only. OANDA does not guarantee the accuracy of this information and assumes no responsibilities for the information provided by the third party. The information does not take into account the specific investment objectives, financial situation, or particular needs of any particular person. You should take into account your specific investment objectives, financial situation, and particular needs before making a commitment to trade, including seeking advice from an independent financial adviser regarding the suitability of the investment, under a separate engagement, as you deem fit. You accept that you assume all risks in independently viewing the contents and selecting a chosen strategy. Where the research is distributed in Singapore to a person who is not an Accredited Investor, Expert Investor or an Institutional Investor, Oanda Asia Pacific Pte Ltd (“OAP“) accepts legal responsibility for the contents of the report to such persons only to the extent required by law. Singapore customers should contact OAP at 6579 8289 for matters arising from, or in connection with, the information/research distributed.
Short
by OANDA
AUDUSD Potential BreakoutHey Traders, In the upcoming week, we will be closely monitoring AUDUSD for a potential buying opportunity around the 0.68500 zone. From a technical standpoint, AUDUSD has been trading in a downtrend, but there are indications that it is currently attempting to break out of this trend. On the fundamental side, recent developments, such as the soft CPI data released yesterday, suggest that the Federal Reserve may have successfully managed to combat inflation. This outcome implies that there could be fewer restrictions in monetary policy, which may subsequently lead to a weaker dollar. Trade safe, Joe.
Long
by JoeChampion
4
A lower correction expected from AUDUSD.AUDUSD - 24h expiry Previous resistance level of 0.6705 broken. Short term bias has turned positive. We are trading at overbought extremes. A lower correction is expected. We therefore, prefer to fade into the dip with a tight stop in anticipation of a move back higher. We look to Buy at 0.6625 (stop at 0.6590) Our profit targets will be 0.6715 and 0.6730 Resistance: 0.6810 / 0.6890 / 0.7010 Support: 0.6620 / 0.6460 / 0.6380 Risk Disclaimer The trade ideas beyond this page are for informational purposes only and do not constitute investment advice or a solicitation to trade. This information is provided by Signal Centre, a third-party unaffiliated with OANDA, and is intended for general circulation only. OANDA does not guarantee the accuracy of this information and assumes no responsibilities for the information provided by the third party. The information does not take into account the specific investment objectives, financial situation, or particular needs of any particular person. You should take into account your specific investment objectives, financial situation, and particular needs before making a commitment to trade, including seeking advice from an independent financial adviser regarding the suitability of the investment, under a separate engagement, as you deem fit. You accept that you assume all risks in independently viewing the contents and selecting a chosen strategy. Where the research is distributed in Singapore to a person who is not an Accredited Investor, Expert Investor or an Institutional Investor, Oanda Asia Pacific Pte Ltd (“OAP“) accepts legal responsibility for the contents of the report to such persons only to the extent required by law. Singapore customers should contact OAP at 6579 8289 for matters arising from, or in connection with, the information/research distributed.
Long
by OANDA
1
AUDUSD to turnaround from current support?AUDUSD - 24h expiry We are trading at oversold extremes. Posted a Bullish Hammer Bottom on the 1 hour chart. This is positive for short term sentiment and we look to set longs at good risk/reward levels for a further correction higher. Although the anticipated move higher is corrective, it does offer ample risk/reward today. Further upside is expected although we prefer to buy into dips close to the 0.6650 level. We look to Buy at 0.6650 (stop at 0.6620) Our profit targets will be 0.6725 and 0.6750 Resistance: 0.6725 / 0.6810 / 0.6890 Support: 0.6620 / 0.6460 / 0.6380 Risk Disclaimer The trade ideas beyond this page are for informational purposes only and do not constitute investment advice or a solicitation to trade. This information is provided by Signal Centre, a third-party unaffiliated with OANDA, and is intended for general circulation only. OANDA does not guarantee the accuracy of this information and assumes no responsibilities for the information provided by the third party. The information does not take into account the specific investment objectives, financial situation, or particular needs of any particular person. You should take into account your specific investment objectives, financial situation, and particular needs before making a commitment to trade, including seeking advice from an independent financial adviser regarding the suitability of the investment, under a separate engagement, as you deem fit. You accept that you assume all risks in independently viewing the contents and selecting a chosen strategy. Where the research is distributed in Singapore to a person who is not an Accredited Investor, Expert Investor or an Institutional Investor, Oanda Asia Pacific Pte Ltd (“OAP“) accepts legal responsibility for the contents of the report to such persons only to the extent required by law. Singapore customers should contact OAP at 6579 8289 for matters arising from, or in connection with, the information/research distributed.
Long
by OANDA
AUDUSD: This bounce is a good short opportunity.AUDUSD rebounded late last week and reached again the 1D MA50 on neutral 1D technicals (RSI = 46.104, MACD = -0.001, ADX = 23.912). This is the first rebound after the June 16th High, which was on an overbought 1D RSI and formed a Lower High inside the wide Channel Down pattern. The neutral technicals indicate that this is potentially the ideal short entry on an extended sell sequence that targets at least the bottom of the Channel Down. We are going short on the next green 1D candle and our target will be much lower, the 2.0 Fibonacci level (TP = 0.63350). Buy again near the RSI oversold line. Prior idea: ## If you like our free content follow our profile to get more daily ideas. ## ## Comments and likes are greatly appreciated. ##
Short
by InvestingScope
3
🔥 NEW: AUDUSD 🔥 POSITION TRADE 🔥SLO2 @ 0.7933 ⏳ SLO1 @ 0.7715 ⏳ TP3 @ 0.76 (closing ALL Buy Orders) TP2 @ 0.7185 (shaving 25%) TP1 @ 0.6925 (shaving 25%) BLO1 @ 0.6645 📈 BLO2 @ 0.6550 ⏳ UNDERSTANDING POSITION TRADING A position trade is a trading strategy where a trader holds a position for an extended period, usually months or years. Position traders are typically looking to profit from long-term market trends rather than short-term price movements. Position traders typically have a longer investment horizon than other traders, such as day traders or swing traders. They are less concerned with short-term price movements and more focused on the long-term trend. This strategy means they are willing to tolerate more risk in their trading, as they are confident that their positions will eventually be profitable.
Long
by ProfessorCEWard