AUDUSD: Affection!Greetings to all traders! I have some valuable trading-related information that I would like to share with you ❤️
My prediction is that the Australian Dollar will be influenced by the state of global growth and China's economy, without leaving out any crucial information. I anticipate that as China's economy reopens and experiences more robust growth, the Australian Dollar will strengthen as well.
Stronger growth in China as its economy continues to fully reopen to support Aussie
Audusddaily
AUDUSD top-down analysisHello traders, this is a complete multiple timeframe analysis of this pair. We see could find significant trading opportunities as per analysis upon price action confirmation we may take this trade. Smash the like button if you find value in this analysis and drop a comment if you have any questions or let me know which pair to cover in my next analysis.
AUDUSD- Two Possible Area to SELL!AUDUSD showed extreme bullish price action yesterday due to AUD being strongest currency while as DXY is still preparing for NFP this week it will good to see how it will affect dxy going forward. There are two possible areas where we can go short the second scenario is for if we NFP takes us out.
AUDUSD - CURRENT SITUATION AND FUNDA & TECHNICAL BIAS#AUDUSD
- Currently the MARKET SENTIMENT for AUD is slightly UP SIDE according to the MARKET SENTIMENT. Even now, if RISK ON for AUDUSD happens in the near future, it can definitely go UP. Therefore, AUDUSD currently has an UPSIDE BIAS.
Several RBA HAWKISH COMMENTS have been released. Also USD has become STRONG in short term with FED SENTIMENT. It will most likely be temporary. Therefore, STOCKS and COMMODITIES MARKETS are going down quite a bit. It is heavily influenced by the Australian dollar. And AUSTRALIA INFLATION DATA was very POSITIVE. Due to this, the RBA made a RATE HIKE.
- It is definitely possible to break the AUDUSD STRUCTURE and go up to the higher RESISTANCE LEVEL. Accordingly, AUDUSD can go up to the 0.7127 level. After that, if the MARKET RISK OFF, AUDUSD can SELL to the AUDUSD 0.6642 LEVEL if the MARKET SENTIMENT changes and STOCKS and COMMODITIES start going down. If the dollar becomes strong, you can sell until the level of 0.6552. For that, the MARKET STRUCTURE should be BREAK. And RISK should be OFF.
AUDUSD: RBA to hold rates steady for an extended period!Greetings to all traders! I have some valuable trading-related information that I would like to share with you. Please give it a read and if you find it helpful, kindly leave a positive feedback and consider following me ❤️
While Australia's activity data has shown a slight decline, the Reserve Bank of Australia (RBA) is still focused on tightening monetary policies due to persistent inflation patterns. Additionally, we believe that China's reopening will positively impact the Australian dollar's performance. We anticipate that the Australian economy will avoid a recession this year, and the RBA will maintain interest rates at 3.85% for an extended period. As a result, we expect the Australian dollar to outperform the US dollar in 2023 and 2024.
Note: Note: Full TP, SL for winning the market and safe trading!
AUDUSD top-down analysisHello traders, this is a complete multiple timeframe analysis of this pair. We see could find significant trading opportunities as per analysis upon price action confirmation we may take this trade. Smash the like button if you find value in this analysis and drop a comment if you have any questions or let me know which pair to cover in my next analysis.
AUDUSD top-down analysisHello traders, this is a complete multiple timeframe analysis of this pair. We see could find significant trading opportunities as per analysis upon price action confirmation we may take this trade. Smash the like button if you find value in this analysis and drop a comment if you have any questions or let me know which pair to cover in my next analysis.
AUDUSD - CURRENT SITUATION AND FUNDA & TECHNICAL BIAS#AUDUSD
- Currently the MARKET SENTIMENT for AUD is slightly UP SIDE according to the MARKET SENTIMENT. Even now, if RISK ON for AUDUSD happens in the near future, it can definitely go UP. Therefore, AUDUSD currently has an UPSIDE BIAS.
Several RBA HAWKISH COMMENTS have been released. Also USD has become STRONG in short term with FED SENTIMENT. It will most likely be temporary. Therefore, STOCKS and COMMODITIES MARKETS are going down quite a bit. It is heavily influenced by the Australian dollar. And AUSTRALIA INFLATION DATA was very POSITIVE. Due to this, the RBA made a RATE HIKE.
- It is definitely possible to break the AUDUSD STRUCTURE and go up to the higher RESISTANCE LEVEL. Accordingly, AUDUSD can go up to the 0.7127 level. After that, if the MARKET RISK OFF, AUDUSD can SELL to the AUDUSD 0.6642 LEVEL if the MARKET SENTIMENT changes and STOCKS and COMMODITIES start going down. If the dollar becomes strong, you can sell until the level of 0.6552. For that, the MARKET STRUCTURE should be BREAK. And RISK should be OFF.
AUDUSD - CURRENT SITUATION AND FUNDA & TECHNICAL BIAS#AUDUSD
- Currently the MARKET SENTIMENT for AUD is slightly UP SIDE according to the MARKET SENTIMENT. Even now, if RISK ON for AUDUSD happens in the near future, it can definitely go UP. Therefore, AUDUSD currently has an UPSIDE BIAS.
Several RBA HAWKISH COMMENTS have been released. Also USD has become STRONG in short term with FED SENTIMENT. It will most likely be temporary. Therefore, STOCKS and COMMODITIES MARKETS are going down quite a bit. It is heavily influenced by the Australian dollar. And AUSTRALIA INFLATION DATA was very POSITIVE. Due to this, the RBA made a RATE HIKE.
- It is definitely possible to break the AUDUSD STRUCTURE and go up to the higher RESISTANCE LEVEL. Accordingly, AUDUSD can go up to the 0.7127 level. After that, if MARKET RISK OFF, AUDUSD can SELL to AUDUSD 0.6500 LEVEL if MARKET SENTIMENT changes and STOCKS and COMMODITIES start going down. If the dollar becomes strong, you can sell until the level of 0.6552. For that, the MARKET STRUCTURE should be BREAK. And RISK should be OFF.
AUDUSD top-down analysisHello traders, this is a complete multiple timeframe analysis of this pair. We see could find significant trading opportunities as per analysis upon price action confirmation we may take this trade. Smash the like button if you find value in this analysis and drop a comment if you have any questions or let me know which pair to cover in my next analysis.
When will the AUDUSD stop falling?
The decline in US bond yields dragged down the US dollar, with focus on Powell and the non-farm payrolls report; under the pressure of these two negative factors, the Australian dollar (AUD), also known as the Aussie, accelerated its decline against the US dollar (USD), breaking below the key level of 0.6700. Meanwhile, the New Zealand dollar (NZD) is still attempting to form a potential double-top pattern.
The AUDUSD failed to rebound from the weakness of the USD, partly due to conservative growth expectations from China, Australia's largest trading partner, which dragged down the Aussie. Additionally, the Reserve Bank of Australia's (RBA) latest interest rate decision, which released a less hawkish and even slightly dovish stance, also weighed on the Aussie. Under these two negative factors, the AUDUSD accelerated its decline and is currently trading below the level of 0.6700.
Looking at the daily chart, the market is still in a downtrend and is approaching the key support level of 0.6580, which is also the previous low point. If the support test is effective, the downtrend may successfully stop and lead to a good upward trend.
Personal trading recommendation: Enter a long position with a small amount at the level of 0.6580-0.6600, with the first target at 0.6800 and the second target at 0.7000.
I have in-depth research on futures products such as cryptocurrencies, foreign exchange, stocks, gold, and crude oil, and I also update some daily trading strategies. Thank you for your attention and likes, and if you have any questions, please feel free to leave me a message. I will provide the most reliable advice to help you.
#AUDUSD-SETUP MUST TO TAKE!!Dear Traders, Hope you all are doing great, we have AUDUSD today, found an area where price is most likely to be rejected, DXY expected to drop a bit in order for price to do small pullback. We have also highlighted the area of entry, and when to close with stop loss.
GOOD LUCK AND TRADE SAFE!!
20 Reasons For Long AUDUSD 🔆MULTI-TIME FRAME TOP-DOWN ANALYSIS OVERVIEW☀️
1:✨Eagle eye: Multi years Bearish Trend is here
2:📆Monthly: making an insider high and low also rejected from monthly order block
3:📅Weekly: and weekly Choch is formatted, but the price does not confirm high yet. After a correction, prices are halted on the previous monthly low and equilibrium area so that there is a high chance prices can go high from here
4:🕛Daily: a clear up trend now 3rd move id started on the proper discount area and also forted appropriate price actions and structure setup
😇7 Dimension analysis
🟢 analysis time frame: H4
5: 1 Price Structure: bearish & market start forming lower high
6: 2 Pattern Candle Chart: equal lows at bottom long wick candles also lower high monthly weekly and daily lows also
7: 3 Volume:
8: 4 Momentum UNCONVENTIONAL Rsi: Rsi also shift their range from bearish to sideways properly
9: 5 Volatility measure Bollinger bands: Bollinger band in a tight squeeze /also proper w pattern is formatted so walking on the band is excepted
10: 6 Strength ADX: total neutral
11: 7 Sentiment ROC: Aud is more substantial than USD on the base on Rate of change
✔️ Entry Time Frame: H1
12: Entry TF Structure: bullish
13: entry move: impulsive
14: Support resistance base: H1 equilibrium support H1 last swing support or 2nd option H1 premium breaks
15: FIB:
☑️ final comments: Buy
16: 💡decision: LOng
17: 🚀Entry: 0.6780
18: ✋Stop losel:0.6695
19: 🎯Take profit: 0.7129
20: 😊Risk to reward Ratio: 1:4
🕛 Excepted Duration: 10 Days
AUDUSD top-down analysisHello traders, this is a complete multiple timeframe analysis of this pair. We see could find significant trading opportunities as per analysis upon price action confirmation we may take this trade. Smash the like button if you find value in this analysis and drop a comment if you have any questions or let me know which pair to cover in my next analysis.
AUDUSD Daily: 19/02/2023: Looking for buy!
As you can see, the price touched the supply zone and fell.
Now the price is in a very important area that can rise till resistance or even more, move up to collect liquidity and touch the low time frame supply zone.
So for that, it may rise from here or start an upward move around 0.67828.
Please pay attention to the details on the chart.
💡Wait for the update!
🗓️19//02/2023
🔎 DYOR
💌It is my honor to share your comments with me💌
AUDUSD Next Move Bearish ??Pair : AUDUSD ( Australian Dollar / U.S Dollar )
Description :
Rising Wedge as an Corrective Pattern in Long Time Frame and the Breakout of Lower Trend Line and Retracement
Impulse Correction
Bullish Channel in Short Time Frame with Completed Breakout and Retracement
Divergence
Break of Structure
S / R Level
AUDUSD - Daily Trade Idea - 13-Feb-23AUDUSD (SHORT)- If all the resistance holds in place.
If we see the Resistance broken out then we could see the shift in the trend.
I marked the TP 1 (20 pips), TP 2 (50 pips) , TP 3 (100 pips) and EXIT (SL - 60 pips) on the chart.
(THIS IDEAS VALID NEXT 24 HOURS)
Please note this is only the Trade Idea base on S & R and not a signal, the market can react differently during the session due to News Impact and only enter if we have the final confirmation for entry.
- Rejection Candle Formation - Red Candle after the Green Candle.
- Stochastic - Overbought Area
- Timing of entry Prior / during UK / US Market Session.
AUDUSD top-down analysisHello traders, this is a complete multiple timeframe analysis of this pair. We see could find significant trading opportunities as per analysis upon price action confirmation we may take this trade. Smash the like button if you find value in this analysis and drop a comment if you have any questions or let me know which pair to cover in my next analysis.