Bearish reversal off pullback resistance?The Aussie (AUD/USD) is rising towards the pivot which is a pullback resistance and could reverse to the 1st support which acts as a pullback support.
Pivot: 0.6433
1st Support: 0.6391
1st Resistance: 0.6458
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.
AUDUSD
AUD-CAD Local Long! Buy!
Hello,Traders!
AUD-CAD will soon hit
A horizontal support level
Of 0.8888 after a sharp
Fall down but its a strong
Support so we will be
Expecting a rebound and
A local move up
Buy!
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audusd sell signal. Don't forget about stop-loss.
Write in the comments all your questions and instruments analysis of which you want to see.
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P.S. I personally will open entry if the price will show it according to my strategy.
Always make your analysis before a trade
AUDUSD: Bullish Forecast & Bullish Scenario
The recent price action on the AUDUSD pair was keeping me on the fence, however, my bias is slowly but surely changing into the bullish one and I think we will see the price go up.
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Bearish drop for the Aussie?The price is reacting off the resistace level which is a pullback resistance that lines up with the 61.8% Fibonacci retracement and the 138.2% Fibonacci extension and could potentially drop from this level to our take profit.
Entry: 0.6457
Why we like it:
There is a pullback resistance level that aligns with the 61.8% Fibonacci retracement and the 132.6% Fibonacci extension.
Stop loss: 0.6469
Why we like it:
There is a pullback resistance level.
Take profit: 0.6418
Why we lik eit:
There is a pullback support level that lines up with the 61.8% Fibonacci retracement.
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AUD/USD gearing up for a breakout ahead of RBAThe AUD/USD has been coiling in the last few weeks after making a v-shaped recovery following the tariffs announcement plunge. Is it now ready to finally resume higher?
From a purely technical point of view, the price action looks bullish as it the consolidation below the 200-day moving average and key resistance in the 0.6500 handle suggests price is gearing up for a potentially big breakout. The only issue is that the AUD usually falls when stocks decline, and it is for that reason that we are seeing a bit of hesitation by the by the bulls here.
The other reason could be because of the upcoming rate decision by the Reserve Bank of Australia in the early hours of Tuesday.
Ahead of the RBA rate decision, strong Aussie April job data last week added complexity to the policy outlook with the economy adding 89,000 jobs—well above forecasts—while the unemployment rate held at 4.1%. Despite this, analysts still anticipate another rate cut, following February’s 25 basis point reduction. With inflation stuck at 2.4%, just above the RBA’s 2% target, the bank faces a tricky balancing act.
Meanwhile, the US dollar weakened in early trading after Moody’s downgraded the US credit rating from Aaa to Aa1, reigniting concerns about the country's fiscal stability. The downgrade triggered a market reaction: haven assets rallied, long-term Treasury yields surged past 5%, and equity futures slipped. Interestingly, the AUD/USD rose despite higher US yields, as investors focused more on the growing risks around America’s ballooning debt. Moody’s projects US deficits could reach nearly 9% of GDP by 2035, driven by rising interest payments, entitlement costs, and stagnant revenue—factors compounded by political uncertainty and proposed unfunded tax cuts.
By Fawad Razaqzada, market analyst with FOREX.com
AUDUSD Is Very Bullish! Buy!
Take a look at our analysis for AUDUSD.
Time Frame: 30m
Current Trend: Bullish
Sentiment: Oversold (based on 7-period RSI)
Forecast: Bullish
The market is on a crucial zone of demand 0.640.
The oversold market condition in a combination with key structure gives us a relatively strong bullish signal with goal 0.641 level.
P.S
We determine oversold/overbought condition with RSI indicator.
When it drops below 30 - the market is considered to be oversold.
When it bounces above 70 - the market is considered to be overbought.
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AUD/USD Analysis TodayAustralia's Unemployment Rate Remained Stable in April 📊
May 15 — Data released by the Australian Bureau of Statistics (ABS) showed that after seasonal adjustment, Australia's unemployment rate stayed steady at 4.1% in April 2025 👏. The trend-based unemployment rate also held firm at 4.1%, matching the adjusted figure from March 📈.
Meanwhile, the AUD/USD is currently showing a strong upward trend 🔥, with continued bullish sentiment and a target price of 0.64800 🎯
⚡️⚡️⚡️ AUDUSD ⚡️⚡️⚡️
🚀 Buy@ 0.64400 - 0.64500
🚀 TP 0.64750 - 0.64800
Accurate signals are updated every day 📈 If you encounter any problems during trading, these signals can serve as your reliable guide 🧭 Feel free to refer to them! I sincerely hope they'll be of great help to you 🌟 👇
IF THE SHOE FITS... AUDUSD SHORT FORECAST Q2 W21 D21 Y25AUDUSD SHORT FORECAST Q2 W21 D21 Y25
Professional Risk Managers👋
Welcome back to another FRGNT chart update📈
Diving into some Forex setups using predominantly higher time frame order blocks alongside confirmation breaks of structure.
Let’s see what price action is telling us today!
💡Here are some trade confluences📝
✅4H Order Block
✅Tokyo ranges to be filled
✅15' order block identified
✅Weekly 50 EMA
✅Daily 50 EMA
🔑 Remember, to participate in trading comes always with a degree of risk, therefore as professional risk managers it remains vital that we stick to our risk management plan as well as our trading strategies.
📈The rest, we leave to the balance of probabilities.
💡Fail to plan. Plan to fail.
🏆It has always been that simple.
❤️Good luck with your trading journey, I shall see you at the very top.
🎯Trade consistent, FRGNT X
EurAud update.Good day traders, I’m back with yet another update on EurAud. In the description I will tag my previous setup on EurAud to show you where we are in price and I left the drawings as they were to help you understand price more.
On Monday price opened with that same bullish flow and pushed till the low of the volume imbalance as expected but as we can see that FVG was able to hold price above. From the original setup what price did yesterday was expected Thursday or Friday the latest, so since price did not go for that 1st.PFVG on Monday and Tuesday, we can now expect price to go for that level.
If we take a closer look at that leg higher from that FVG, we have a balanced price range that we can expect price not to respect.
Aussie H4 | Falling toward an overlap supportThe Aussie (AUD/USD) is falling towards an overlap support and could potentially bounce off this level to climb higher.
Buy entry is at 0.6336 which is an overlap support.
Stop loss is at 0.6255 which is a level that lies underneath a pullback support and the 38.2% Fibonacci retracement.
Take profit is at 0.6499 which is a multi-swing-high resistance.
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Trading Forex/CFDs on margin carries a high level of risk and may not be suitable for all investors. Leverage can work against you.
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CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. 63% of retail investor accounts lose money when trading CFDs with this provider. You should consider whether you understand how CFDs work and whether you can afford to take the high risk of losing your money.
Stratos Europe Ltd (tradu.com):
CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. 63% of retail investor accounts lose money when trading CFDs with this provider. You should consider whether you understand how CFDs work and whether you can afford to take the high risk of losing your money.
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Losses can exceed deposits.
Please be advised that the information presented on TradingView is provided to Tradu (‘Company’, ‘we’) by a third-party provider (‘TFA Global Pte Ltd’). Please be reminded that you are solely responsible for the trading decisions on your account. There is a very high degree of risk involved in trading. Any information and/or content is intended entirely for research, educational and informational purposes only and does not constitute investment or consultation advice or investment strategy. The information is not tailored to the investment needs of any specific person and therefore does not involve a consideration of any of the investment objectives, financial situation or needs of any viewer that may receive it. Kindly also note that past performance is not a reliable indicator of future results. Actual results may differ materially from those anticipated in forward-looking or past performance statements. We assume no liability as to the accuracy or completeness of any of the information and/or content provided herein and the Company cannot be held responsible for any omission, mistake nor for any loss or damage including without limitation to any loss of profit which may arise from reliance on any information supplied by TFA Global Pte Ltd.
The speaker(s) is neither an employee, agent nor representative of Tradu and is therefore acting independently. The opinions given are their own, constitute general market commentary, and do not constitute the opinion or advice of Tradu or any form of personal or investment advice. Tradu neither endorses nor guarantees offerings of third-party speakers, nor is Tradu responsible for the content, veracity or opinions of third-party speakers, presenters or participants.
Bullish bounce off 50% Fibonacci support?The Aussie (AUD/USD) is falling towards the pivot, which acts as pullback support and could bounce to the 1st resistance.
Pivot: 0.6426
1st Support: 0.6398
1st Resistance: 0.6468
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.
Aussie Turns Bullish — All Eyes on RBACMCMARKETS:AUDUSD AUD/USD trades near 0.6448 ahead of the RBA rate decision, where a 25bps cut to 3.85% is widely expected. Technically, a breakout above the falling trendline suggests a potential bullish reversal. Immediate support lies at 0.6422–0.6406. A rejection near minor resistance at 0.6456 could trigger a pullback, while a sustained break above that level may open room for gains beyond 0.6500. Market direction hinges on RBA’s tone and Governor Bullock’s guidance on future easing.
Resistance : 0.6456 , 0.6500
Support : 0.6422 , 0.6406
AUDUSD and Gold both in a wedge getting ready to break outCOMEX:GC1! FX:AUDUSD
AUDUSD Looks bearish, so far, heading into a tight wedge within a larger bear flag. AUD being commodity currency I am looking at gold as well which too seems to be in bullish descending triangle.But these descending triangle could also break down strongly. There is a potential strong move coming in AUDUSD and high probability it would be to upside
But Its still wait and watch for now
RBA to Cut 0.25% as AUDUSD Tests Key ResistanceAUDUSD is trading in a very support/resistance-heavy area ahead of tomorrow’s RBA decision.
The RBA is widely expected to cut rates by 0.25%. The central bank is likely to factor in the government's extended electricity subsidies, and combined with weak GDP data, a rate cut appears almost certain. Since 2000, Australia's average quarterly GDP growth has been 0.7%. However, since Q3 2022, the figures have consistently come in below average, pointing to prolonged economic weakness.
That said, recent data has shown some improvement. The most recent GDP came in at 0.6%, marking four consecutive quarters of growth in GDP. CPI held steady at 2.4%, beating the 2.2% forecast. Quarterly wage growth rose to 0.9% from 0.7%, and employment increased by 89k — nearly quadruple the forecast and triple the previous month’s figure.
Despite the positive shifts, the combination of persistent weakness, electricity subsidies, and already high interest rates suggests the RBA will need to act. The market currently expects three cuts this year, including the one anticipated tomorrow.
AUDUSD is caught between a weak U.S. dollar and a weak Aussie dollar, and the degree of dovishness from the RBA will be critical this week. A broad resistance zone is currently capping gains. The 0.6450–0.6550 range is key, as it has seen significant volume since August 2023, with multiple tops and bottoms forming within this area. If a breakout occurs, the longer-term trend channel (yellow line) could become the next upside target.
On the downside, watch the 0.6350 support level and the area surrounding it for potential reactions or a clear break with following downward reaction.
Don't trade Aussie this week!Dear traders,
Among the top 8 forex market currencies, tariffs war affects the Aussie most, because Australia is highly dependent on China.
Rank Trading Partner Exports (A$ million)
1 China 185,141
2 Japan 119,889
3 European Union 31,816
4 United States 30,690
Uncertainty about China's future means, fluctuations in Aussie. I don't trade AUDUSD this week,
only if everything goes well with negotiations between Trump and China, I might use confirmed break over zone of 0.64355 to take long trades.
Regards, Ali
AUDUSD H4 | Bearish Reversal Based on the H4 chart analysis, the price is approaching our sell entry level at 0.64242, a pullback resistance that aligns close to the 78.6% Fibonacci retracement.
Our take profit is set at 0.6407, a pullback resistance.
The stop loss is placed at 0.6439, above the swing high resistance.
High Risk Investment Warning
Trading Forex/CFDs on margin carries a high level of risk and may not be suitable for all investors. Leverage can work against you.
Stratos Markets Limited (tradu.com):
CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. 63% of retail investor accounts lose money when trading CFDs with this provider. You should consider whether you understand how CFDs work and whether you can afford to take the high risk of losing your money.
Stratos Europe Ltd (tradu.com):
CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. 63% of retail investor accounts lose money when trading CFDs with this provider. You should consider whether you understand how CFDs work and whether you can afford to take the high risk of losing your money.
Stratos Global LLC (tradu.com):
Losses can exceed deposits.
Please be advised that the information presented on TradingView is provided to Tradu (‘Company’, ‘we’) by a third-party provider (‘TFA Global Pte Ltd’). Please be reminded that you are solely responsible for the trading decisions on your account. There is a very high degree of risk involved in trading. Any information and/or content is intended entirely for research, educational and informational purposes only and does not constitute investment or consultation advice or investment strategy. The information is not tailored to the investment needs of any specific person and therefore does not involve a consideration of any of the investment objectives, financial situation or needs of any viewer that may receive it. Kindly also note that past performance is not a reliable indicator of future results. Actual results may differ materially from those anticipated in forward-looking or past performance statements. We assume no liability as to the accuracy or completeness of any of the information and/or content provided herein and the Company cannot be held responsible for any omission, mistake nor for any loss or damage including without limitation to any loss of profit which may arise from reliance on any information supplied by TFA Global Pte Ltd.
The speaker(s) is neither an employee, agent nor representative of Tradu and is therefore acting independently. The opinions given are their own, constitute general market commentary, and do not constitute the opinion or advice of Tradu or any form of personal or investment advice. Tradu neither endorses nor guarantees offerings of third-party speakers, nor is Tradu responsible for the content, veracity or opinions of third-party speakers, presenters or participants.
Bullish bounce for the Aussie?The price has bounced off the support level which is a pullback support and could rise from this level to our take profit.
Entry: 0.6386
Why we like it:
There is a pullback support level.
Stop loss: 0.6356
Why we like it:
There is a pullback support level that aligns with the 161.8% Fibonacci extension.
Take profit: 0.6436
Why we like it:
There is a pullback resistance level that is slightly above the 38.2% Fibonacci retracement.
Enjoying your TradingView experience? Review us!
Please be advised that the information presented on TradingView is provided to Vantage (‘Vantage Global Limited’, ‘we’) by a third-party provider (‘Everest Fortune Group’). Please be reminded that you are solely responsible for the trading decisions on your account. There is a very high degree of risk involved in trading. Any information and/or content is intended entirely for research, educational and informational purposes only and does not constitute investment or consultation advice or investment strategy. The information is not tailored to the investment needs of any specific person and therefore does not involve a consideration of any of the investment objectives, financial situation or needs of any viewer that may receive it. Kindly also note that past performance is not a reliable indicator of future results. Actual results may differ materially from those anticipated in forward-looking or past performance statements. We assume no liability as to the accuracy or completeness of any of the information and/or content provided herein and the Company cannot be held responsible for any omission, mistake nor for any loss or damage including without limitation to any loss of profit which may arise from reliance on any information supplied by Everest Fortune Group.
Euraud daily timeframe
"Hello friends, focusing on EUR/AUD on the daily time frame, the price is currently in a bullish trend and appears to have completed its pullback to a critical level on the daily chart. In the 4-hour timeframe, there are indications of upward momentum.
After observing the price behavior this week, I believe that higher prices are more likely. However, it is important to note that if the price closes below the 1.7100 level on the 4-hour chart, this analysis may prove incorrect."
If you have any more details to add or need further assistance, please let me know!
EurAud..Daily Volume Imbalance fillGood day traders, I’m back with another great idea on EurAud and what I like about this setup, is that we can also learn from it.
On our daily TF we have a clear volume imbalance since price opened on Monday with a gap and it failed to fill the gap last week meaning it might happen this week where price can fill the gap. On the chart I’m showing you the high/low of the volume imbalance but you can add the midpoint of that gap too if you wish to do so. Price tried filling that gap but we can see it failed to do so because price did not even get to the midpoint of the VI, after it touched the lower quarter of the VI, it pushed lower showing weakness in price.
Jumping to the present TF 4H here we can see that we have a bullish flow in price but out structure remain bearish. Going into the new week we wanna see price continue in its original structure to Atleast our first presented FVg that has been noted on the chart. Currently price is inside an inverted FVG which again supports our narrative. We can expect price to fill the 1st.PFVG on Tuesday the latest before it can move higher and for the week we want to see price close above the volume imbalance.
BTCUSD…relative equal lowsGood day traders, I’m back with another setup and this time we looking at the cryptocurrency (BTCUSD). This setup up is a short term trade, looking at the 1H TF we can clearly see the equal lows lows and one of lows that make up those relative lows is also our minutes TF’s low.
For the day our narrative is that internal liquidity and we also can expect price to push past that external liquidity. The 2 ray lines make up the volume imbalance that’s once price rebalances we can expect lower price for the rest of the day or maybe even rest of the week.
AUD-USD Potential Long! Buy!
Hello,Traders!
AUD-USD is making a local
Bearish correction but the
Pair will soon hit a horizontal
Support level of 0.6358 from
Where we will be expecting
A local rebound and a move up
Buy!
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Disclosure: I am part of Trade Nation's Influencer program and receive a monthly fee for using their TradingView charts in my analysis.