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Aud-usd

AUD/USD BULLISH OUTLOOKThe USD, having experienced substantial blows from rate cut projections, faces a challenging scenario with the Fed signaling probable easing. Despite the narrative of falling inflation, policymakers are aiming to relay the message that inflation has yet to stabilize sustainably near the targeted 2%. The looming Fed speeches, particularly Chair Powell's impending remarks, serve as preludes to the blackout period before the December policy meeting, crucial in shaping market expectations. As the USD grapples with uncertainties, major currency pairs are capitalizing on its weakness. The AUD, alongside currencies like the GBP and NZD, has displayed resilience, buoyed by a hawkish tone from the Reserve Bank of Australia (RBA). However, doubts persist about China's economic revival, making forthcoming Australian CPI readings pivotal for short-term AUD prospects. The AUD/USD technical indicators signal a bullish trajectory, with both MACD and RSI showing buy signals. The current trend could potentially elevate the price to levels around 0.6795, although a pivot point at 0.6648 might redirect the price to around 0.6598. With the USD on a downtrend, and pivotal economic events looming, the AUD's performance against the greenback hinges heavily on data releases, central bank policies, and global economic sentiments in the days ahead. Risk Disclosure: Trading Foreign Exchange (Forex) and Contracts of Difference (CFD's) carries a high level of risk. By registering and signing up, any client affirms their understanding of their own personal accountability for all transactions performed within their account and recognizes the risks associated with trading on such markets and on such sites. Furthermore, one understands that the company carries zero influence over transactions, markets, and trading signals, therefore, cannot be held liable nor guarantee any profits or losses.
Long
by legacyFXofficial
AUDUSD possible expansionPrice has been showing bearish orderflow until recently, where it broke our strong high with momentum. This thus invalidated the properties of a bearish flow, giving us a shift in market structure from bearish to bullish trend. Price previously left behind a demand zone that it has currently retraced to and mitigated. On lower timeframe, the same case holds as price portrayed a shift in market structure after it had tapped our 4h demand. This then gives us an opportunity jump on the possible higher timeframe expansion via this confirmation entry on lower timeftrame to take out our weak swing high
Long
by BlackTygaTrades
24
✨ AUDUSD: Curve Analysis (50m)✨TP5 @ 0.6485 TP4 @ 0.6470 TP3 @ 0.6425 TP2 @ 0.6395 TP1 @ 0.6350 BLO1 @ 0.6310 ⏳(moderate) BLO2 @ 0.6285 ⏳(conservative) ADDITIONAL INFO: 💵 You can DCA these Buy Orders 📈 Or just place the conservative position 🔑 BLO = Buy Limit Order DCA = Dollar-Cost Average PA = Price Action PB = Pull Back SLO = Sell Limit Order ⏳= PENDING NOTE: Dollar-cost averaging (DCA) is an investment strategy in which a trader splits their position size into smaller position sizes at different price points. This strategy is designed to reduce the risk of buying at the wrong time and to lower the average cost per unit of currency.
Long
by ProfessorCEWard
AUDUSD Analysis 10-11-23The AUDUSD broke through from the upward trendline and the 50% retracement level due to the strength of the DXY overnight. The RBA monetary policy statement released earlier today did little in terms of price volatility as it reinforced the view that the RBA hiked rates due to the recent increase in inflation growth. As the AUDUSD currently trades under the 61.8% fib retracement level (0.6365), and further recovery in strength in the DXY is anticipated, look for the AUDUSD to trade down to the key support area of 0.6290. However, it could be likely that the AUDUSD could first retrace briefly or consolidate along this level before trading lower.
Short
by JinDao_Tai
2
AUDUSD to complete bearish orderflow?After consecutive breaks of weak lower lows with lower highs holding strong, a bearish 4h orderflow was evident. Price has been retracing and retesting supply zones up until the latest break of structure(which was too weak). Price has invalidated our latest supply zone and could be striving to reach for a previously unmitigated extreme supply with a huge imbalance below it. This then signals a potential complex pullback where price could use the extreme supply together with internal liquidity to fuel it's bearish expansion to take out the recent weak swing low. Fundamentals also forecast potential dollar strength gain on Friday afternoon, which is a confirmation of the analysis as it'd lead to a drop in most if not all dollar pairs.
Short
by BlackTygaTrades
7
AUDUSD SELL | Day Trading Analysis With Volume ProfileHello Traders, here is the full analysis. Watch strong action at the current levels for SELL. GOOD LUCK! Great SELL opportunity AUDUSD I still did my best and this is the most likely count for me at the moment. Support the idea with like and follow my profile TO SEE MORE. Traders, if you liked this idea or if you have your own opinion about it, write in the comments. I will be glad 🤝 Patience is the If You Have Any Question, Feel Free To Ask 🤗 Just follow chart with idea and analysis and when you are ready come in THE GROVE | VIP GROUP, earn more and safe, wait for the signal at the right moment and make money with us💰
Short
by TheGrove
32
Bullish on the 1 HourWe made our trade analysis on this pair yesterday and we saw it play out our prediction. This pair played out right according to our prediction. We witnessed prices drop all the way to hit our 1 hour liquidity target. Market came very close to our 4 hour target but reversed Bullish. On the 1 hour chart, the market has reversed Bullish. We have a new Panzy Pips Bolck (PB) to trade from and we have refined it to a small zone. Price is expected to drop into that zone. That is our first step to trading this pair. From that zone, we expect to see Bullish Reversals, to drive prices all the way up to our 1 hour liquidity target at 0.63790.
Long
by PanzyPips
AUDUSD Buy confirmed if the 1D MA50 breaks.The AUDUSD pair has been trading within a Channel Down pattern since February 02. Yesterday it hit again Support 1 (0.62885) for the 3rd time in October and held it. The first hit was also on the Diverging Lower Lows trend-line of the Channel Down and even though there is still room before it hits the hard bottom of the pattern, the Bullish Divergence (Higher Lows) on the 1D RSI in the past 2 months, indicates that this is already a strong buying candidate. If a 1D candle closes above the 1D MA50 (blue trend-line), something we haven't seen since July 31 2023, buying will be confirmed. Our target it at least the 0.5 Fibonacci retracement level at 0.66000. The June 16 rebound even hit the 0.618 Fibonacci retracement level, which currently is above the 1D MA200 (orange trend-line), a key long-term Resistance. ------------------------------------------------------------------------------- ** Please LIKE 👍, FOLLOW ✅, SHARE 🙌 and COMMENT ✍ if you enjoy this idea! Also share your ideas and charts in the comments section below! This is best way to keep it relevant, support us, keep the content here free and allow the idea to reach as many people as possible. ** ------------------------------------------------------------------------------- 💸💸💸💸💸💸 👇 👇 👇 👇 👇 👇
Long
by TradingShot
1
AUDUSD BEARISH SETUP|LONGHello Traders, here is the full analysis. Watch strong action at the current levels for SELL GOOD LUCK! Great SELL opportunity AUDUSD I still did my best and this is the most likely count for me at the moment. Support the idea with like and follow my profile TO SEE MORE. Traders, if you liked this idea or if you have your own opinion about it, write in the comments. I will be glad 🤝 Patience is the If You Have Any Question, Feel Free To Ask 🤗 Just follow chart with idea and analysis and when you are ready come in THE GROVE | VIP GROUP, earn more and safe, wait for the signal at the right moment and make money with us💰
Short
by TheGrove