Clear downside for AUDUSD.The aussie dollar broke down this week after a fake out to the upside. We can expect to see more downside to come this week. You can either enter a short at these levels at market open next week or wait for a pullback to short it. The pullback should retest 0.715 and breakdown from there. Our full target will be 0.675 and the timeframe for this to happen within is March 15 to 16. Once the rates kick in, I expect to see a full on recovery of risk on.
Audusdbuy
AUD/USD Made Inverted Head And Shoulders , But Still Not Ready ?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
Dump underway for the AUDUSDThe aussie dollar has started its descend this week. I'm expecting to see more downside to come. A short upward consolidation may play out to test 0.71 and we are targeting 0.675. The macro env is pretty much clear as the jobs reports turn out better than expected. The fed should be fully committed to curbing inflation, this will be short term bearish for the pair to give us our target.
AUD/USD Full Analysis , 2 New Long Setups After Confirmation !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
AUDUSD Daily ForecastAUD/USD extends corrective pullback from 18-month lows, pre-RBA optimism buoys Aussie
AUD/USD recovery lacks traction. Major trend remains bearish.
Break above 5-DMA could see some upside. Breakout above daily cloud will change near-term dynamics.
Technical Analysis:
AUD/USD trades well below daily cloud and major moving averages
Momentum is strongly bearish and volatility is high
Price action is consolidating break below 200-week MA
MACD and ADX support weakness in the pair
DISCLAIMER: ((trade based on your own decision ))
Trading Idea Regarding AUDUSDAccording to my analysis this currency pair is adopting bullish behavior for the upcoming week
1-Break The Downtrend line and fallowing the key levels while holding uptrend line
2-Moving in Parallel Channel Chart Pattern
3-Breakout 38.2 Fibo level retest it and now it is heading for the supply area indicating its further move towards bottom of the channel and uptrend line before bullish move
AudUsd- new rise coming?Since the December 0.7 low, AudUsd has started to rise with the price action well contained in an ascending channel.
On Fiday the pair has dropped hard, just to find bids in 0.72 zone, a zone markek by a confluence of horizontal and trend line support
I'm bullish as long as this support hold and we can see 0.73 figure pretty soon
AUD/USD BUY IDEAHey tradomaniacs,
welcome to a new free trading-setup.
Notice: This is a preparation for you. As always we will have to wait for a confirmation!
AUD/USD:Daytrade-Preparation
Notice: Waiting for confirmation!
Market-Buy: 0.72050
Stop-Loss: 0.71870
Point of Risk-Reduction: 0.72250
Take-Profit: 0.73150
Stop-Loss: 18 pips
Risk: 0,5% -1%
Risk-Reward: 6,0
LEAVE A LIKE AND A COMMENT - I appreciate every support! =)
Peace and good trades
Irasor
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AUDUSD buy trade ideaLooking for AUDUSD to make similar moves as EURUSD as we can hopefully get more weakness for the USD. So when price reaches the area of 0.71700 I will be looking for rejection and a push back up, if price breaks below the last higher low of 0.71500 this idea is invalid. Ill try update, and another reminder to always risk manage make sure you have a plan and stick to it!! good luck everyone
AUDUSD - BUY strategyWe moved lower based on all USD movements and some decline in precious metals.
I still remain the view of buying for a larger move upwards at current levels 0.7200-0.7225 (add to positions if bought yesterday 0.7250-0.7260). As a note the 4-hourly is slightly negative, so I hope we can remain above the stop level.
Keep the stop-loss at < 0.7187 below and profit objective 0.7550.
AUDUSD - BUY strategyI really like the behavior of the AUDUSD. The trend seems to start going north, and it is supported by metal prices, i.e. gold and silver all are moving higher.
Currently the KAGI shows its a buy and also the MACD is positive.
Buy current 0.7250-0.7260 for a move to 0.7550. Place stop-loss below 0.7187 for now.
AUDUSD | Buy Opportunity. Get ready to get in!If you find this technical analysis useful, please like & share our ideas with the community. Coming to the technical analysis of AUDUSD , I think we are going to see an upward movement. If you are going to go short now, make sure to place the stop below the previous support area .
What do you think is more likely to happen? Please share your thoughts in comment section. And also give a thumbs up if you find this idea helpful. Any feedback & suggestions would help in further improving the analysis.
Good Luck!
Disclaimer!
This post does not provide financial advice. It is for educational purposes only! You can use the information from the post to make your own trading plan for the market. But you must do your own research and use it as the priority. Trading is risky, and it is not suitable for everyone. Only you can be responsible for your trading.
AUD/USD: Move Higher Challenging Late November ResistanceThe AUD/USD has been able to sustain its highs above the 0.72000 level for a few days of trading in a row. Taking into account the holiday season and the fact that transactional volumes are extremely low, technical information about short and mid-term highs being challenged could be brushed aside. However, the recent move of the AUD/USD may be more than wishful thinking for bullish speculators who are feeling optimistic about the trend which has emerged.
As of this writing, the AUD/USD is trading near the 0.72400 level and this ratio is bouncing along highs seen on the 23rd of December, but also importantly the value is within sight of higher marks demonstrated on the 22nd of November. On the 5th of December the AUD/USD approached the 0.70000 juncture below which was last sincerely challenged in November of 2020. And in July of 2020 the AUD/USD after suffering a bearish trend due to economic implications surrounding coronavirus, was able to puncture the 0.70000 value and has essentially remained above since then except for slight outliers.
The ability of the AUD/USD to fall below the 0.70000 mark in early December and then spark a reversal is intriguing. The reversal higher since the first week of December has been solid, but choppy. Yet it has been accomplished in the midst of global central bank pronouncements and fresh worries about the Omicron variant. If the AUD/USD is able to sustain its value above the 0.72300 to 0.72200 support ratios, this may be a positive sign for bullish traders who may believe targeting higher realms is realistic.
Because of the holiday trading season, traders should be careful about sudden spurts of volatility occurring which can knock open positions out of the market with losses. Traders should use stop loss orders appropriately. However, looking for potential bullish momentum and aiming for the 0.72500 to 0.72600 levels for quick hitting trades may be a solid short term wager, when buying on slight downticks which may be demonstrated.
Speculators who are considering a buying position of the AUD/USD near current support levels cannot be faulted. Certainly traders need to use their risk management wisely. If support levels erode, further downside price action can develop. However, cautious wagers looking for upside within the current price range of the AUD/USD may prove to be a worthwhile opportunity.
AUD/USD Short-Term Outlook
Current Resistance: 0.72760
Current Support: 0.72150
High Target: 0.73130
Low Target: 0.71650
AUDUSD Long with 3 confluences (Zero Indicators)
List of confluences:
1. Trendline breakout
2. Breakout and close Key Level around 0.7184* on Daily Chart required as confirmation. This will mean change in market structure and new high created.
3: Inverse Head and Shoulder Pattern which can be seen on both the Daily Chart and The Four Hour Chart.
Summary: This trade has a potential Risk Reward (RR) of 3.28 to 1. We will only look of entries on the retest of key level 0.7184*.
The trade will be executed either using manual entry or pending order, depending on the location of price after the breakout.
AudUsd- Continuation to 0.73?In my last AudUsd analysis I had drawn the attention that 0.7 zone represents a strong demand zone and we can have a reversal from this point.
Indeed, the pair reversed strongly last week and at this moment is trading above August's low.
I'm bullish on this pair as long as 0.71 support holds and dips towards this zone should be bought.
0.73 could be bulls target
More upside to come for AUDUSD before range bound.THe aussie dollar saw a rebound this week and it looks like there will be more upside in the weeks to come. Early next week, we may see a short downward retrace to 0.706 before upside comes. I think this will coincide with Jerome Powell's announcement of the taper plans. Our price target to exit the long trade is 0.73