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Audusdanalysis

AUD USD Bat forming I hope everyone enjoyed the Gold bat yesterday, I felt nervous about publishing it as everyone in the chats was saying to buy gold at the news. Anyway, all was good, and all the guys at XAU USD Elite earnt lots of lovely profit. It proves that if your strategy is sound then you always go with it, do not be swayed by others. Anyway, here we are with the AUD USD, and a bat is forming. We know the rules; if it doesn't reach point D then the bat fails, we press delete, and go and find more bats. Published 21st September 10:45am UTC+1
Long
by Elite_Trading_Signals
Will AUDUSD will fall sharply?AUDUSD is a forex instrument that has 5.4% of trading volume. The Instrument has been in a falling wedge pattern and seems to continue its trend for some time. It has touched the above trendline and might break the rectangle pattern to the downside. If it happens, it might give a violent move to the downside. Once it breaks, wait for the retest, and then enter after the retest. It might be a nice trade with RR: 1:2.5. Reasons : If it breaks to the downside, it will also break VWAP to the downside, which might trigger the selling moment. RSI has already shown weak strength, and the trendline is broken to the downside in RSI. Price < 13 EMA < 200 EMA (Weak Trend) Bearish pattern formation for 3rd wave. Verdict : Bearish if breaks downside. Plan of action: Short after downside breakout retest
Short
by finnova_
2
AUD/USD Navigates Volatile Waters: Analyzing Barriers/CatalystsThe AUD/USD pair is currently in a volatile state due to conflicting signals from macroeconomic trends in China and the United States. A strong resistance level at 0.6485 makes it difficult for upward momentum to develop. China's positive economic data offers some upside for the AUD, while the US dollar's strength creates downside risk. TRADE IDEA DETAILS CURRENCY PAIR: AUD/USD CURRENT TREND: Sideways, with resistance at 0.6485 TRADE SIGNAL: Neutral (Caution advised) 👉ENTRY PRICE: 0.6450 (only if you see a confirmed breakout above 0.6460) ✅TAKE PROFIT: 0.6500 (if the breakout happens, targeting the next psychological level) ❌STOP LOSS: 0.6420 (below the lower boundary of the current range) ANALYSIS: The currency pair is facing strong resistance at 0.6485, making a 'Buy' signal risky unless a confirmed breakout occurs above 0.6460. With the Chinese economic indicators being positive but the US Dollar being strong, we're essentially in a market tug-of-war, contributing to a sideways trend. Given this, a cautious approach is warranted. For a 'Sell' signal, additional downward pressure would need to manifest, possibly from US economic data. FINAL THOUGHTS: The current conflicting macroeconomic indicators from China and the US are resulting in a sideways trend. In this setup, caution is advised. It's essential to watch for definitive signals in either direction before entering the market.
by RichDadph-FX
AUDUSD SHORT TermVSELLING 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 on AUDUSD 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 Charts
Long
by ForexPlanet20
AUD/USD looks set for a retest of 65cDespite strong data from the US and weak data from China over the past few weeks, AUD/USD bears have failed to keep the Aussie below 64c. Even a strong inflation report from the US on Wednesday resulted in the Aussie springing back above that key level. Since then, we have seen the pair break a retracement line on the 1-hour chart as part of a bullish breakout ahead of the Australian employment report. The okay jobs numbers provide no reason for bears to jump in, but it has pulled back from current cycle highs. AUD now looks good to bullish eyes around current levels, and a move towards 65c is favoured as long as prices remain above 64c (although tighter risk management could be used as 0.6410 as an invalidation point).
Long
by CityIndex
AUDUSD I Downside bias and short-term potential longWelcome back! Let me know your thoughts in the comments! ** AUDUSD Analysis - Listen to video! We recommend that you keep this pair on your watchlist and enter when the entry criteria of your strategy is met. Please support this idea with a LIKE and COMMENT if you find it useful and Click "Follow" on our profile if you'd like these trade ideas delivered straight to your email in the future. Thanks for your continued support!
Short
by BKTradingAcademy
16