AUDUSD Potential DownsidesHey Traders, in today's trading session we are monitoring AUDUSD for a selling opportunity around 0.62400 zone, AUDUSD is trading in a downtrend and currently is in a correction phase in which it is approaching the trend at 0.62400 support and resistance area.
Trade safe, Joe.
AUDUSD
Could the Aussie reverse from here?The price is rising towards the pivot which acts as a pullback resistance and could reverse to the pullback support.
Pivot: 0.6244
1st Support: 0.6176
1st Resistance: 0.6292
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AUDUSD Bullish Trade Idea - SwingMy trading is based on COT readings along with Supply & Demand.
In this idea you can see a clear Weekly Demand area in support with great COT readings where the Users & Producers are clearly bullish and Retailers bearish. Of course, you want to trade AGAINST retailers at all costs because they are mostly wrong.
imgur.com
(Red = U&Ps | Blue = Retailers | Green = Fund managers / trend followers)
So, in addition to all that, I use Elliott Waves to confirm trends or end of trends, and now we're in the beginning of a major Wave 3 (creating wave 1 & 2, we're here).
Hope you like this idea and trade safe!
AUD/USD D Closure Amazing , Long Setup Valid To Get 250 Pips !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.
Aussie H4 | Bearish downtrend to resume?The Aussie (AUD/USD) is rising towards a pullback resistance and could potentially reverse off this level to drop lower.
Sell entry is at 0.6173 which is a pullback resistance that aligns with the 38.2% Fibonacci retracement level.
Stop loss is at 0.6223 which is a level that sits above the 50.0% Fibonacci retracement and a pullback resistance.
Take profit is at 0.6087 which is a swing-low support.
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AUDUSD, What will hapen in upcoming weeks ?Hello Traders, Happy new year in advance, I Hope you have a great year ahead with your family.
let's go for AUDUSD analysis:
for upcoming weeks, we'll probably see an upward correction to Specified level at first and then it will start another fall. so with a proper trigger we can open a short position.
And finally tell me what do you think ? UP or DOWN ? leave your comment below this post.
If this post was helpful to you, please like it and share it with your friend.
THANKS.
AUD/USD false break reversalThe AUD/USD chart is super interesting to watch and trade this week.
It fell yesterday to a fresh multi-year low, but rallied from its lows to close the day higher after Trump delayed tariffs on the USA's northern and southern neighbours.
Anyway, the AUD/USD has potentially formed what looks like a false break bullish reversal pattern against the January low of 0.6131.
The bulls will want to see rates now hold above Monday's high (that too, being a nice a hammer candle). If seen, we could see further follow-up technical buying in the days ahead.
By Fawad Razaqzada, market analyst at FOREX.com
Sideways Action in AUD/USD with Bearish Bias Amid RBA Rate Cut AUD/USD is expected to trade sideways in the near term, with a bearish bias overall. The market remains range-bound, and any rallies should be sold at resistance levels, as the broader trend is down. The Reserve Bank of Australia (RBA) is anticipated to cut rates, which could put additional pressure on the Aussie, reinforcing the overall negative outlook for the pair. Watch for confirmation at key levels before entering trades, with the focus on selling at resistance.
AUDUSD Breakout And Potential RetraceHey Traders, in the coming week we are monitoring AUDUSD for a buying opportunity around 0.61600 zone, AUDUSD was trading in a downtrend and successfully managed to break it out. Currently is in a correction phase in which it is approaching the retrace area at 0.61600 support and resistance area.
Trade safe, Joe.
AUDUSD buying Trading IdeaHello Traders
In This Chart AUDUSD HOURLY Forex Forecast By FOREX PLANET
today AUDUSD analysis 👆
🟢This Chart includes_ (AUDUSD market update)
🟢What is The Next Opportunity onAUDCAD Market
🟢how to Enter to the Valid Entry With Assurance Profit
This CHART is For Trader's that Want to Improve Their Technical Analysis Skills and Their Trading By Understanding How To Analyze The Market Using Multiple Timeframes and Understanding The Bigger Picture on the Chart
Ghost's AUD/USD LTF Setup [LONG]Trump is signing executive orders in 3 hours, price has been very choppy today and looks at face value like it's about to mirror the move down back up, however, the risk of trump mentioning or doing anything with Tariffs is high and for that reason I think it's possible the liquidity below around .621 may get manipulated before the move up.
AUDUSD - 4H Why we need to Buy?!The FX:AUDUSD has shown strong bullish momentum after hunting liquidity below the 2022 low on the daily and weekly timeframes.
✅ Breakout & Retest: The pair successfully broke the descending channel's resistance and is now pulling back to the breakout zone, confirming its strength.
✅ Higher High Formation: A higher high structure supports the bullish bias, indicating potential continuation towards previous highs and beyond.
📌 I expect another bullish push from this key support zone.
🔔 Follow for real-time updates!
XAU/USD : Bull or Bear (READ THE CAPTION)By analyzing the 4-hour gold chart, we see that, as expected, the price continued its upward movement following yesterday's analysis, hitting the $2752 and $2764 targets, delivering a 200-pip return. After reaching $2764, gold corrected from $2766 down to $2757, and it is currently trading around $2759. If the price stabilizes below this level, we could see further corrections.
⚠ Important Note: Today, we have the FOMC meeting and the U.S. interest rate decision, which could lead to high market volatility. I strongly recommend avoiding trading during these critical hours!
THE MAIN ANALYSIS :
Please support me with your likes and comments to motivate me to share more analysis with you and share your opinion about the possible trend of this chart with me !
Best Regards , Arman Shaban
Bearish drop?AUD/USD is rising towards the resistance level which is a pullback resistance that aligns with the 38.2% Fibonacci retracement and could drop from this level to our take profit.
Entry: 0.6262
Why we like it:
There is a pullback resistance level that lines up with the 38.2% Fibonacci retracement.
Stop loss: 0.6324
Why we like it:
There is a pullback resistance.
Take profit: 0.6176
Why we like it:
There is a pullback support level that aligns with the 78.6% Fibonacci retracement.
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Australian dollar extends losses on soft Aussie CPIThe Australian dollar is down for a third straight trading day and has declined 1.3% this week. In the North American session, AUD/USD is trading at 0.6228, down 0.37% on the day.
Australia's annual inflation rate dropped to 2.4% in the fourth quarter of 2024 from 2.8% in Q3. This was below the market estimate of 2.5% and was the lowest reading since Q1 2023. Electricity prices were sharply lower due to an energy bill rebate and services inflation dropped to 4.3% from 4.6%, its lowest level in three quarters. On a quarterly basis, CPI remained unchanged at 0.2% in Q4, below the market estimate of 0.3%.
The Reserved Bank of Australia's trimmed mean CPI, a key indicator of underlying inflation, slowed to 0.5% q/q in Q4, lower than 0.8% in Q3 and below the market estimate of 0.6%. Annually, trimmed mean CPI fell to 3.2%, compared to a revised 3.6% in Q3 and below the market estimate of 3.3%.
The soft inflation report has raised expectations that the RBA will lower rates at the Feb. 18 meeting, with the market pricing in a quarter-point cut at 80%. That would bring the cash rate to 4.10%, its lowest since Oct. 2023. Today's inflation report has added significance as it is the final tier-1 event prior to next month's rate meeting.
Investors are awaiting the Federal Reserve's rate announcement later today, although it would be a massive surprise if the Fed did not maintain the current benchmark interest rate of 4.25%-4.5%. The Fed has cut rate three consecutive times, including a jumb0 half-point chop in September 2024, but the resilient US economy has stalled plans to aggressively lower rates further and currently the Fed is projected to cut rates only once or twice in 2025.
AUD/USD is testing support at 0.6228. Below, there is support at 0.6204
0.6262 and 0.6286 are the next resistance lines